Head Procurement

Position Description

Job Title: Head Procurement

Job Purpose: To lead strategic sourcing and category management initiatives that deliver sustainable value, competitive pricing, supplier innovation, risk mitigation, and fit-for- purpose goods and services for the Bank. Reports To: Head Supply Chain Management Key Responsibilities: • Set procurement strategy and provide leadership: define category strategies, go to market approaches, and long-term roadmaps aligned to Bank objectives to maximize value and mitigate supply risk.

• Develop and enforce procurement policy, governance and compliance: maintain

policies, contracting frameworks and controls to ensure legal, regulatory (AML, anti-corruption, ESG, privacy) and audit compliance across all entities. • Lead end to end sourcing and contracting: manage RFI/RFP/RFQ processes, negotiate terms, draft/approve contracts and ensure contracts include clear SLAs, pricing protection and risk mitigation (e.g., FX clauses). • Manage supplier and contract lifecycle: select, onboard, evaluate and remediate suppliers; run supplier relationship management and dispute resolution to secure delivery, quality and continuity.

• Deliver cost savings and value realization: develop and track category cost saving

models, optimise total cost of ownership and prevent value leakage for short and long-term deals. • Ensure preferential procurement / supplier diversity compliance: develop and implement Preferential Procurement/BBBEE plans, maintain compliant supplier databases and drive measurable spend with approved diverse suppliers. • Oversee procurement operations, systems and catalogues: ensure efficient buying channels, procurement tools, catalogs and standardized processes are in place and consistently applied.

• Stakeholder engagement and commercial partnering: proactively consult business

units, Legal, Risk, Compliance, Finance and Operations to align requirements, manage crises and ensure timely delivery. • Performance measurement and reporting: define KPIs, monitor savings, supplier performance, compliance metrics and provide regular management reporting and insights. • Talent, culture and governance leadership: build and coach a high performing team, set objectives, oversee the Procurement Committee, and promote a culture of ethical, client centric and results driven procurement. Qualifications & Experience: • Bachelor’s degree in Procurement, Supply Chain Management, Finance, Business, Economics, or related field.

• CIPS or equivalent procurement certification is desirable. • At least 5–7 years’ experience in strategic sourcing, category management,

procurement analytics, or supplier negotiations. • Experience in banking, financial services, or a regulated corporate environment is an added advantage. Key Success Measures: • Sourcing savings and cost avoidance achieved. • Percentage of spend under category strategy. • Quality and competitiveness of supplier panels. • Timely completion of sourcing events. • Reduction in single-source and emergency procurement. How to Apply You can apply by submitting your cover letter and CV to 1