Procurement Sourcing Specialist

# Job Description Hello Future Procurement Sourcing Specialist Welcome to FNB, the home of the . We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now's the time to imagine your potential in a team where experts come together and ignite effective change. Are you someone who can: Comply with data policies, standards, tools and best practices within the data domain of responsibility. Manage costs within approved budget and timely submit required financial documents. Work with business unit purchasing leadership to incorporate the impact associated with sourcing team efforts into operating budgets and to ensure that appropriate, relevant procurement management information is available. Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions. Provide advice and support to find solutions to difficult customer complaints in order to achieve and maintain set customer service excellence standards. Objectively manage relationships with internal customers, provide feedback to queries timeously and use expertise to advise customers. Developing fact-based sourcing strategies and plans in line with Group Procurement strategy and demand/supply considerations. Develop, manage and ensure effective implementation of supply chain management and associated sourcing methods and develop category sourcing plans. Monitor the supplier market and identify opportunities resulting in new market offerings or market shifts. Work with external suppliers and market analysts to determine market trends and cost drivers. Conduct buying power assessments and analyse cost structures to maximize savings. Work with internal stakeholders to develop robust company demand forecasts for the category. Conduct profiling for sourcing volumes, specifications, prices and suppliers. Conduct sourcing activities and execute the negotiation activity relating to the portfolio in order to deliver favourable contracting agreements. Select negotiation or competitive bidding processes and develop negotiation strategy for the category/commodity suppliers. Deliver, track and monitor savings as per identified sourcing targets and make recommendations for improvement. Monitor the performance of suppliers and resolve issues/problems and develop appropriate recovery plans when performance targets are not met. Ensure that contract pricing reviews occur timeously and that operational sourcing plans are developed and implemented accordingly. Implement benchmark and improve all business processes in the designated area of responsibility (e.g. procurement processes, tenders, contracts, supplier lists and purchasing lists). Identify potential sourcing risks, issues and opportunities and propose recommendations to mitigate risks. Keep abreast of best-practices and trends and benchmarking within the practice to maintain deep category/commodity expertise and full visibility into all category activities. Compile and communicate accurate and timely operational reports and keep key stakeholders informed of sourcing/procurement status including updating relevant information systems. Keep up to date with own area of expertise to develop and maintain own professional knowledge base in order to provide effective support and advice. Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values Purpose of the Role: To develop and implement sourcing plans and tactics to effectively manage an assigned ICT Software portfolio and associated activities. Through environmental scanning and forecasting, assess current market and future business sourcing requirements and opportunities, driving value and innovation in a complex, high-spend category. Key Responsibilities: Strategic Sourcing & Category Management: A self-starter who produces consistently high quality outputs within agreed deadlines. Prompt and proactive in driving for results and sets challenging goals for self and others. Develop and implement sourcing strategies for ICT Software, aligned with Group Procurement and business objectives. Conduct in-depth market analysis to identify trends, cost drivers, and opportunities for innovation and savings. Ability to deal with multi-national vendors and complex negotiations. Lead the development of category plans for ICT Software, reflecting annual business needs and market opportunities. Manage the end-to-end sourcing process, including RFX (RFI/RFP/RFQ) events, supplier selection, and contract negotiations, with a focus on complex, high-value software agreements. Maintain robust demand forecasts and supplier profiles, leveraging advanced analytics to inform sourcing decisions. Supplier & Stakeholder Management: Build and maintain strong relationships with key internal stakeholders (IT, Finance, Legal, Business Units) to ensure sourcing strategies meet business requirements. Engage with senior stakeholders and suppliers, managing multiple and diverse relationships across the organization. Drive the BBBEE strategy within the software category, ensuring engagement with appropriately qualified suppliers and supporting transformation objectives. Monitor supplier performance, resolve issues, and develop recovery plans when targets are not met. Risk, Compliance & Operational Excellence: Identify, assess, and mitigate sourcing risks, ensuring compliance with internal policies and external regulations. Oversee contract coverage, ensuring all suppliers are appropriately contracted to mitigate organizational risk. Support the implementation of the new Procurement Operating Model, adapting processes and systems as required. Deliver operational targets and business objectives within agreed departmental plans. Financial & Business Impact: Manage and support cost reduction initiatives, targeting significant savings (e.g., R300m+ ICT savings across the group). Track and report on savings, supplier performance, and sourcing status, providing accurate and timely updates to key stakeholders. Ensure procurement activities (tenders, contracts, supplier lists, catalogues, payment terms) are executed efficiently and in line with best practices. Leadership & Professional Development: Mentor and support junior procurement staff, fostering a culture of continuous improvement and knowledge sharing. Demonstrate exemplary leadership, commitment, and dedication to organizational values. Keep abreast of best practices, trends, and benchmarking within ICT Software procurement. Key Competencies: Advanced procurement and strategic sourcing skills, especially in ICT Software. Strong analytical and data-driven decision-making abilities. Expertise in risk management and compliance. Excellent negotiation, communication, and stakeholder management skills. Ability to manage multiple priorities in a fast-paced, evolving environment. Y ou will be an ideal candidate if you have: Bachelor's degree in supply chain management, Procurement, IT, or a related field. CIPS - MCIPs/Advanced Programme or equivalent preferred. 5-7 years' experience in procurement, with at least 3-4 years in ICT Software sourcing at a senior or management level. Proven track record in complex contract negotiation, category management, and delivering cost savings in ICT Software. You will have access to: Opportunities to network and collaborate. Challenging work environment. Opportunities to innovate. We can be a match if you are: Curious & courageous - you're driven by always wanting to know more and learn more and you're brave