Job Description

Job PurposeTo analyse; identify; source; negotiate and manage the procurement process while mitigating risks and ensuring regulatory compliance and develop and implement commodity strategies aligned with Groups strategy and build relationship with stakeholders.Job ResponsibilitiesAnalyse trends by reviewing management information.Identifying opportunities to develop sourcing strategy that will result in cost saving by benchmarking and negotiating with internal and external stakeholders.Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.Participate and support corporate social responsibility initiatives for the achievement of key business strategies.Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes.Mitigating risks by ensuring that policies and regulatory and industry governance requirements are adhered to.Selection of preferred suppliers by conducting a tender or quotation process.

Responsibilities + Skills

Education

Preferred QualificationBachelor of CommerceCIPS is highly beneficial

Experience

Minimum Experience Level3 years procurement experience

Job Summary

  • Published on: Thursday, 19th September 2024
  • Designation: Commodity Specialist
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Thursday, 19th September 2024
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About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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