Procurement Manager

About Netwealth

Netwealth isn't just a company. We're shaping the future of wealth in Australia. Our award-winning platform and NextGen technology empower advisers and investors to achieve more, and we're proud to be recognised as one of Australia's most innovative FinTech businesses.

Since 1999, we've grown rapidly by challenging the status quo. We move fast, think big, and stay agile. Free from unnecessary bureaucracy so we can deliver smarter solutions for our clients and create real impact.

But what truly sets us apart? Our people. We're a team of curious, optimistic and courageous individuals who collaborate to make life better for more Australians. We value authenticity, and agility, and we believe in creating an environment where you can do your best work, grow your career, and feel part of something meaningful.

If you're looking for a place where your ideas matter, where innovation is celebrated, and where you can help shape a brighter financial future, join us at Netwealth.

Procurement at Netwealth is continuing to evolve, with a clear strategy in place and a focus on building a more mature, consistent and embedded function across the business.

As Procurement Manager, you will play a key role in progressing this next phase. You will bring structure, oversight and commercial discipline to how suppliers are assessed, onboarded and managed, ensuring procurement supports both business outcomes and regulatory requirements.

Working closely with Finance, Risk and Compliance, Legal and business stakeholders, you will help embed procurement earlier in the decision making process. This includes strengthening supplier governance, improving visibility across the supplier base and ensuring appropriate risk frameworks are in place, particularly in areas such as data protection, KYC and AML considerations.

With a large and diverse supplier base, including service providers subject to regulatory expectations, you will lead the uplift of supplier risk assessment and ongoing monitoring.

At the same time, you will continue to build procurement as a strategic function, balancing cost, risk and value to support better long term outcomes.

Your role will include:

• Leading the evolution of the procurement strategy and operating model

• Leading sourcing strategy, market assessments and tender processes across key supplier contracts

• Partnering with stakeholders on supplier selection, business cases and commercial negotiations to deliver value outcomes

• Conducting supplier due diligence and overseeing vendor risk management, including CPS 230 requirements

• Building and embedding procurement frameworks aligned to APRA and broader regulatory standards

• Owning supplier management end to end, including the register, performance monitoring and contract lifecycle

• Driving commercial, risk aware decision making and delivering clear reporting across governance forums

You are someone who sees procurement for what it should be. A strategic lever, not a back office process.

Your experience includes:

• 7 to 10 years’ experience in procurement, ideally at a manager level with people leadership skills

• Experience within procurement, ideally in a financial services or regulated environment

• Strong understanding of supplier risk, governance and regulatory expectations

• Experience across digital, IT or software procurement

• Exposure to APRA or ASIC regulated environments

• Strong attention to detail and well developed stakeholder engagement skills

• Confidence partnering with senior stakeholders and contributing to commercial decision making

• The ability to balance strategic thinking with hands on delivery

• Experience building or uplifting procurement functions
  

Life At Netwealth

At Netwealth, we believe a fulfilling career is built on growth, balance, and belonging. Our people are our greatest strength, and we’re committed to supporting you at every stage of life because when you thrive, so do we.

We're proud to be recognised as one of Australia's top 5 companies for Career Development (endorsed by WORK180). From further education and diverse training opportunities to strong support for internal mobility. Your career can grow here.

Our flexible hybrid model supports balance, with just 4 days in the office each fortnight. When you’re in, you’ll enjoy working from one of our modern, thoughtfully designed spaces across Australia – including our state-of-the-art Melbourne CBD office. All locations feature contemporary facilities to make your day comfortable, and in Melbourne, you’ll also enjoy perks like end-of-trip amenities and daily breakfast to make your commute easier.

We offer benefits designed for your wellbeing and personal development, including;

• Family-friendly support: Paid parental leave and a fully funded school holiday program

• Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts and financial wellbeing services

• A vibrant culture: social events, trivia nights, and corporate sports

• Employee Resource Groups: LGBTQIA+, DAWN (Development and Accelerating Women at Netwealth), Culture Group and Carers Group

• Community Impact: Paid volunteering and our Netwealth Impact Group

We're proud of our inclusive and diverse workforce and encourage everyone to bring their genuine selves to work. It's one of our core values. We're committed to equity and inclusion through our gender equality, disability, LGBTQIA+, wellbeing and cultural initiatives. And we're certified by WORK180, Family Friendly Workplaces and Great Places to Work.

If you're excited by the opportunity but don't meet every requirements, we still encourage you to apply. Research shows people often hesitate unless they tick every box. We value potential and passion just as much.

Need adjustments during the recruitment process? Contact us at [email protected]

Apply now and help us shape a brighter financial future!