Procurement Officer

Empowering Africa's Tomorrow, Togetherone Story At A Time

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Support sourcing and supply chain activities at a country level for the development and execution of commercial solutions and third party risk management targeted to realizing significant value for the country.

Managing vendor onboarding and procurement operations

Ensure that group strategies are delivered with appropriate levels of execution at the country level

Ensure that appropriate governance & risk management models are deployed locally in line with the Absa Bank Procurement Policy, Control & Risk Framework as well as regulatory requirements

Main accountabilities and approximate time split :

50% Procurement Operations

• Understanding of business objectives and strategies
• Conducting due diligence and sanction screening of vendors
• Vendor onboarding into bank's procurement systems
• Performing segmentation process for procurement deals
• Following up with Supplier Managers to ensure all performance meeting are conducted with minutes taken and stored in central repository
• Management of vendor contracts in bank's procurement systems
• Reviewing and validating purchase requisitions in alignment with Absa Bank Procurement Policy
• Maintaining regular communication with suppliers to resolve queries and expedite deliveries
• Development of robust benefits recording and target market analysis to support the realization of significant value from sourcing activity
• Proactively identify and implement process improvements to strengthen the control environment
• Contribute to category management activities and sourcing projects as directed by Head of Sourcing
• Performing associated party periodic review
• Preparation, review and uploading of post contract supplier management documents on RSAM (preparation of supplier exit strategy document, engagement model, supplier assurance attestation, material impact assessment, handover documents)
• Assist in Requests for Proposal / Quotation / Information preparation, bid evaluation and supplier selection processes

30% Deliver service excellence to our clients

20% Management Information

Risk and controls objectives :

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards

Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture :

Technical skills / competencies personal attributes :

Strong understanding of procurement principles, risk management and regulatory compliance

Proficiency in procurement systems (Coupa, SAP)

Negotiation

Relationship / Partnership Approach

Innovation and Change

Analytical skills for spend analysis and supplier performance tracking

Behaviours particularly important to the role :

Knowledge, expertise and experience

Essential :

Preferred :

Certified Procurement and Supply Professional

Registration with Procurement & Supplies Professional and Technology Board (PSPTB) is a must

Absa values :

Education :

Further Education and Training Certificate (FETC) : Business, Commerce and Management Studies (Required)