The Head Procurement is responsible for leading strategic sourcing and category management initiatives to deliver sustainable value, competitive pricing, supplier innovation, risk mitigation, and fit-for-purpose goods and services for the Bank. This role reports to the 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.

• 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.

• strategic sourcing
• category management
• procurement analytics
• supplier negotiations
• RFI/RFP/RFQ processes
• contract negotiation
• contract drafting
• contract approval
• supplier selection
• supplier onboarding
• supplier evaluation
• supplier remediation
• supplier relationship management
• dispute resolution
• cost saving models
• total cost of ownership optimization
• preferential procurement
• supplier diversity
• procurement operations
• procurement systems
• procurement catalogs
• stakeholder engagement
• commercial partnering
• performance measurement
• KPI definition
• reporting
• talent management
• team coaching
• governance leadership

• 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.