Manager, 3rd Party Contract & Commercial (Corporate & Investment Banking)

Manager, 3rd Party Contract & Commercial (Corporate & Investment Banking)

Job Overview

Business Segment : Corporate & Investment Banking

Location : ZA, GP, Johannesburg, 30 Baker Street

To contribute to the strategic direction of the 3rd Party Contract and Commercial Management portfolio and ensure that the implementation of the strategy is aligned to the overall Standard Bank Group (SBG) strategy. To provide comprehensive, complex contract and commercial solutions in order to manage and regulate service level agreements between Standard Bank and suppliers through guiding and directing the translation of contractual obligations.

• Contribute to the development of the 3rd Party Management Contract and Commercial strategy and ensure the implementation of it through providing direction on service level agreements and translating contractual obligations based on developed road maps.
• Develop and manage the Management Information Systems (MIS) dashboard to monitor the health of the client and business to assure alignment to the bank's customized needs and the developed supplier road maps.
• Develop collaborative relationships with CIO's and business stakeholders and be a custodian of key stakeholder engagement and management of Contract and Commercial engagements in 3rd Party Management and interaction with key stakeholders across all business lines.
• Develop reports and present to MANCO and Risk Committees on a quarterly and yearly basis on identified challenges and arising complexities from the commercial contractual engagements between the bank and suppliers. Develop mitigating strategies for identified gaps within the portfolio and report on the implementation of these strategies within these committees.
• Develop, manage and execute client account plans by monitoring and evaluating contractual transactions, in order to keep these plans aligned to the bank's strategy while ensuring value to the bank.

Qualifications

Experience Required :

Delivery Facilitation / Agile Transformation

3-4 years : Proven experience in being a subject matter expert in the industry of Contract and Commercial Management and Procurement including a hands-on experience working with MIS databases. Broad experience in strategic implementation and people management skills.

5-7 years : Demonstrable leadership skills and industry knowledge in commercial contract management, underpinned by a theoretical and applied understanding of 3rd Party Management. Proven experience in developing and delivering high complexity Contract and Commercial Management solutions in the banking environment.

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