HEAD PROCUREMENT
Job Title: Head Procurement
Reports To: Head Supply Chain Management
Job Purpose
To lead strategic sourcing and category management initiatives that deliver sustainable value, competitive pricing, supplier innovation, risk mitigation, and fit-for-purpose goods and services for the Bank.
Key Responsibilities
- Set procurement strategy and provide leadership: Define category strategies, go-to-market approaches and long-term roadmaps aligned with the Bank’s objectives to maximise 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 and privacy) and audit compliance across all entities.
- Lead end-to-end sourcing and contracting: Manage RFI/RFP/RFQ processes, negotiate terms, draft and approve contracts, and ensure contracts include clear service-level agreements (SLAs), pricing protection and risk mitigation measures, such as foreign exchange (FX) clauses.
- Manage supplier and contract lifecycle: Select, onboard, evaluate and remediate suppliers; manage supplier relationships and resolve disputes to secure delivery, quality and continuity.
- Deliver cost savings and value realisation: Develop and track category cost-saving models, optimise total cost of ownership and prevent value leakage in short- and long-term deals.
- Ensure preferential procurement and supplier diversity compliance: Develop and implement Preferential Procurement/BBBEE plans, maintain compliant supplier databases and drive measurable spending with approved diverse suppliers.
- Oversee procurement operations, systems and catalogues: Ensure efficient buying channels, procurement tools, catalogues and standardised 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 key performance indicators (KPIs), monitor savings, supplier performance and compliance metrics, and provide regular management reports 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 and Experience
- Bachelor’s degree in Procurement, Supply Chain Management, Finance, Business, Economics or a related field.
- CIPS or an 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.
Key Success Measures
- Sourcing savings and cost avoidance achieved.
- Percentage of spending covered by category strategies.
- Quality and competitiveness of supplier panels.
- Timely completion of sourcing events.
- Reduction in single-source and emergency procurement.
How to Apply
Interested applicants should submit their cover letter and CV to exechire@truenorthafrica.com.
Email subject: Head Procurement
Application deadline: 23 October 2026
All application documents must be submitted in either PDF or Microsoft Word format.
