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 leading the commercial management of strategic technology services suppliers that support Group Technology and enterprise-wide business priorities.
The role will partner closely with senior technology leaders, architecture, engineering, security, risk, legal and finance stakeholders to deliver sourcing outcomes, manage supplier relationships, and support major transformation programs. This is an opportunity to shape the future supplier landscape of the Bank while delivering measurable value, innovation, and risk management outcomes.
Your responsibilities will include:
Lead and deliver strategic sourcing, renewal and negotiation initiatives across the IT Services portfolio.
Build trusted relationships across Group Technology and the broader enterprise.
Support the ongoing governance of strategic technology suppliers through effective contract management, supplier performance reviews, commercial governance frameworks, 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 management of the broader IT Services procurement portfolio, including large-scale renewals, panel arrangements, transformation programs, supplier segmentation initiatives, and cost optimisation opportunities that support the Bank’s strategic objectives.
We're interested in hearing from people who have:
Extensive experience in procurement, strategic sourcing, supplier management, or commercial management within large and complex organisations.
Proven experience leading complex commercial negotiations and delivering significant business value through sourcing and supplier strategies.
Exceptional stakeholder management skills with the ability to influence and partner effectively at executive and senior leadership levels.
Strong commercial acumen with the ability to balance cost, risk, service, and strategic outcomes.
Experience navigating complex governance, risk, and regulatory environments.
Excellent analytical, problem-solving and decision-making capabilities.
A growth mindset with a passion for continuous improvement, innovation, and challenging traditional ways of working.
An understanding/interest of IT services, managed services, professional services, cloud, software, and technology supplier ecosystems (highly regarded not essential).
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.
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.
Skills Required
- Extensive experience in procurement, strategic sourcing, supplier management, or commercial management within large and complex organizations
- Proven experience leading complex commercial negotiations and delivering significant business value through sourcing and supplier strategies
- Exceptional stakeholder management skills with the ability to influence and partner at executive and senior leadership levels
- Strong commercial acumen with the ability to balance cost, risk, service, and strategic outcomes
- Experience navigating complex governance, risk, and regulatory environments
- Excellent analytical, problem-solving, and decision-making capabilities
- Growth mindset with a passion for continuous improvement, innovation, and challenging traditional ways of working
- Understanding or interest in IT services, managed services, professional services, cloud, software, and technology supplier ecosystems
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.
-
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.
-
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.
-
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.
