Head, Procurement & Vendor Management

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
We are  recruiting to fill the position below:

Job Title: Head, Procurement & Vendor Management

Job Ref ID: 80456248A-0001
Location: Walter Carrington Crescent, Lagos
Job Description

• The Head, Procurement & Vendor Management is responsible for leading and executing the organization’s procurement and vendor management strategy, ensuring the delivery of cost-effective, compliant, and value-driven sourcing solutions across the business.
• The role oversees procurement planning, strategic sourcing, contract management, vendor governance, supplier performance management, and procurement risk management while driving operational excellence, process improvements, and adherence to regulatory and corporate governance requirements.
• The incubent will lead vendor onboarding and due diligence processes, manage supplier relationships and performance, oversee competitive bidding and contract negotiations, and ensure the integrity of vendor data and procurement records.
• The role also provides leadership to the Procurement and Vendor Management team, partners with key stakeholders across Finance, Risk, Compliance, Legal, and business units, and delivers strategic insights, reporting, and continuous improvement initiatives that support business objectives and maximize value from supplier engagement.
  Qualifications
• Type of Qualification: First Degree
  Field of Study: Procurement, Economics, Management, Accounting or a related field
  Master’s degree is an added advantage.
  Experience Required:
• Minimum of 7-10 years’ progressive experience in Procurement, Strategic Sourcing, Vendor Management, Contract Management, Supplier
• Relationship Management, and Procurement Operations.
• Strong experience in supplier risk management, regulatory compliance, audit controls, and third-party risk management within a financial services or regulated industry environment.
• Hands-on experience managing procurement processes using SAP or other procurement and procure-to-pay systems.
• Demonstrated experience leading strategic sourcing initiatives, vendor negotiations, contract administration, supplier performance management, and cost optimization projects.
• Proven leadership experience managing procurement and vendor management teams and engaging senior stakeholders across Finance, Risk, Compliance, Legal, and business functions.
• Knowledge of the Pension, Financial Services, Asset Management, or Banking industry and relevant regulatory requirements is an added advantage.
  Behavioural Competencies:
• Upholding Standards
• Generating Ideas
• Developing Strategies
• Taking Action
• Analysing Solutions.
  Technical Competencies:
• Procurement & Strategic Sourcing
• Vendor & Supplier Management
• Written Communication
• Business Administration Skills
• Data Management.
  Application Closing Date
  Not Specified.
  How to Apply
  Interested and qualified candidates should:
  Click here to apply online