Commercial Lead – Technology Supplier Partnerships

Job title: Commercial Lead – Technology Supplier Partnerships

Company: Commonwealth Bank of Australia


Job description: You will be managing a multi-billion technology portfolioWe work with leading technology vendors globallyTogether we help drive and shape technology for future CommBankWe are currently looking for an Executive Manager in Technology Supplier and vendor management who will be responsible for leading the supplier team, ensuring a proactive and strategic approach to supplier relationships, commercial management, and vendor performance. This role will drive supplier partnerships that align with business priorities such as strategy, cost optimization, and innovation.The successful candidate will be accountable for managing the supplier roadmap, eliminating silos across business units, and ensuring effective governance throughout the supplier lifecycle. They will work closely with internal stakeholders to embed a performance-driven culture, holding suppliers accountable at both the contracting stage and ongoing governance sessions.Key ResponsibilitiesSupplier Strategy & RoadmapDevelop and maintain a strategic supplier roadmap that aligns with business priorities.Drive a proactive supplier management approach, ensuring commercial and contractual alignment with long-term business objectives.Identify opportunities to consolidate and optimize supplier engagements to reduce complexity and cost.Commercial & Contract ManagementLead the commercial team and partner with the BU CIOs and their team to maximise value from our supplier’s ensuring alignment to technology Strategy.Ensure commercial terms include clear performance expectations, risk management provisions, and cost efficiency measures.Work closely with procurement and legal teams to embed supplier accountability upfront in contracts.Supplier Performance & GovernanceOwn the end-to-end vendor performance framework, driving continuous improvement.Conduct monthly and quarterly governance sessions to track supplier performance, resolve issues, and implement improvement plans.Identify underperforming suppliers and develop action plans to address gaps.Stakeholder & Business EngagementCollaborate with technology, procurement, finance, and business unit leaders to ensure supplier engagements are aligned with business needs.Act as the central point of contact for supplier escalations, resolving issues and ensuring strategic alignment.Promote a culture of partnership between the business and suppliers to drive innovation and efficiency.Skills & Experience RequiredProven experience leading a procurement, supplier management, or commercial function, ideally within a technology or IT environment.Strong commercial acumen with expertise in contract negotiation, supplier governance, and cost management.Deep understanding of technology supplier ecosystems, with the ability to manage and optimize supplier relationships.Ability to navigate and eliminate business silos, fostering collaboration across multiple stakeholders.Experience in driving vendor performance and accountability through structured governance and improvement plans.Strong stakeholder management and communication skills, with the ability to influence senior leaders and drive change.Preferred ExperienceExperience working in a technology procurement or supplier lifecycle function.Knowledge of technology suppliers, including market trends, key players, and innovation opportunities.Experience working in a complex enterprise environment with multiple business units and vendor partnerships.If you’re already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you’ll need to apply through to submit a valid application. We’re keen to support you with the next step in your career.We’re aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.Advertising End Date: 22/05/2025

Expected salary:

Location: Sydney, NSW

Job date: Sat, 17 May 2025 07:49:26 GMT

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