Procurement Partner

About the Role

BNZ's Procurement team plays a pivotal role in securing and negotiating third-party contracts for the bank. The outsourcing landscape within the banking sector has evolved significantly over the past five years, especially with increased regulatory demands during and after supplier contract negotiations.

We seek seasoned procurement experts with meticulous attention to detail, adept at managing complex market engagements such as RFx processes, skilled in negotiating intricate contracts, compliant with regulatory procedures, and capable of maintaining strong collaborations with both stakeholders and suppliers. This position is based in Auckland or Wellington with a hybrid work setup, requiring three days in the office (including Tuesdays and either Monday or Friday) and two days remote flexibility.

Team Culture and Environment

Our team embraces a collaborative culture focused on acting as strategic partners to internal clients. We strive to conduct leading market negotiations that empower the bank's growth presently and in the future. Our approach leverages category management and engagement with technology business units, enabling specialization in assigned areas, and fostering opportunities for cross-category collaboration and skill development across the procurement function.

Current and Upcoming Projects

In this role, the individual will prioritize developing and executing strategies for crucial categories aligned with the BNZ Technology division. This sector is experiencing rapid expansion, with numerous large-scale market engagements planned over the next 6 to 12 months. Immediate impact is expected through building trusted partnerships with internal stakeholders to comprehend their needs.

Required Skills and Experience

• At least 5 years’ experience as a category manager or an equivalent role managing high-value third-party contracts, ideally in a complex setting.
• Familiarity with the financial sector is advantageous but not essential.
• Competence in creating and implementing category management strategies.
• Experience working within a highly regulated industry, adhering to internal and governmental regulations, including compliance with Banking Standard 11.
• Proven track record in orchestrating and delivering market engagement processes such as RFPs.
• Ability to achieve cost savings, avoid unnecessary expenses, and enhance productivity through strategic negotiations and category management.
• Expertise in sourcing and negotiating complex contracts.
• Self-management skills to handle multiple priorities and meet deadlines effectively.
• Background in corporate environments handling major projects and negotiations.
• Proficient management of key procurement portfolios.

Personal Attributes for Success

• Capability to work effectively in a highly regulated environment.
• Strong resilience and aptitude to prioritize under pressure.
• Excellent communication, negotiation, and influencing abilities.
• Extensive sourcing knowledge and end-to-end procurement practices.

Additional Information

Applications close on Tuesday, 4 August at 11 PM. We review applications as received and may close the posting earlier accordingly.