See yourself in our team:
Group Procurement partners with Group Technology and business stakeholders to maximise value from our strategic supplier relationships. The IT Services Procurement team is responsible for managing the commercial lifecycle of technology services suppliers that enable the Bank’s transformation agenda, operational excellence, and customer outcomes.
Do work that matters:
Reporting to the Executive Manager, IT Services Procurement, this role is responsible for managing the commercial lifecycle of key technology services suppliers that support Group Technology and broader business priorities.
The role will work closely with technology, architecture, engineering, security, risk, legal and finance stakeholders to deliver sourcing outcomes, support supplier relationships and contribute to transformation programs. This is an opportunity to help improve the Bank’s supplier landscape while delivering value, service, innovation and risk management outcomes.
Your responsibilities will include:
Manage and deliver sourcing, renewal and negotiation initiatives across the IT Services portfolio.
Build effective working relationships across Group Technology and relevant business areas.
Support the governance of key technology suppliers through contract management, supplier performance reviews, commercial governance and value realisation activities.
Ensure sourcing activities and supplier engagements align with the Group Supplier Lifecycle Policy and applicable procurement, risk, security and regulatory requirements.
Contribute to the delivery of the broader IT Services procurement portfolio, including renewals, panel arrangements, transformation programs, supplier segmentation and cost optimisation opportunities.
Provide commercial analysis, market insights and recommendations to support procurement decisions and business outcomes.
We're interested in hearing from people who have:
Experience in technology procurement, strategic sourcing, supplier management or commercial management within a large or complex organisation.
A sound understanding of IT services, managed services, professional services, cloud, software and technology supplier ecosystems.
Experience managing commercial negotiations and delivering value through sourcing and supplier management activities.
Strong stakeholder management skills, with the ability to build trusted relationships and influence across a range of levels.
Strong commercial acumen and the ability to balance cost, risk, service and business outcomes.
Experience working within governance, risk and regulatory frameworks.
Strong analytical, problem-solving and decision-making capabilities.
A growth mindset and a commitment to continuous improvement, innovation and better ways of working.
At CommBank, we support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Skills Required
- Experience in technology procurement, strategic sourcing, supplier management, or commercial management within a large or complex organization.
- Understanding of IT services, managed services, professional services, cloud, software, and technology supplier ecosystems.
- Experience managing commercial negotiations and delivering value through sourcing and supplier management activities.
- Strong stakeholder management skills and ability to build trusted relationships and influence across organizational levels.
- Strong commercial acumen and ability to balance cost, risk, service, and business outcomes.
- Experience working within governance, risk, and regulatory frameworks.
- Strong analytical, problem-solving, and decision-making capabilities.
- Growth mindset and commitment to continuous improvement, innovation, and improved ways of working.
Commonwealth Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Commonwealth Bank and has not been reviewed or approved by Commonwealth Bank.
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Leave & Time Off Breadth — The bank offers additional Life Leave, the option to purchase up to four extra weeks, pet leave, and paid volunteering leave alongside flexible-working options. Public materials indicate these leave features compare well within Australian banking.
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Parental & Family Support — Permanent employees can access up to 18 weeks of paid parental leave, and superannuation is paid for up to 34 weeks of unpaid parental leave. These provisions extend support for new parents beyond standard settings.
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Wellbeing & Lifestyle Benefits — Access includes CBHS Health Fund, Fitness Passport, a 24/7 wellbeing platform with telehealth, an Employee Assistance Program, and employer‑paid income protection for up to two years, alongside staff banking perks and share plans. This combination provides day‑to‑day value across health, protection, and financial perks.
Commonwealth Bank Insights
What We Do
Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services. We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.
