Job Expired

Vendor Contract & Performance Specialist needed at First Bank

Job title : Vendor Contract & Performance Specialist jobs in Lagos

Job Location : Lagos

Deadline : April 04, 2023

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Job Identification: 765

Job Objective(s)

  • Responsible for the coordination of the Vendor On-Boarding and Vendor Lifecycle Management process
  • Provide support and guidance to the internal Business Units on the processes required to bring new suppliers onto the FirstBank Approved Supplier List/First Bank Registration process
  • Conduct and track the Vendor Performance on regular basis and as required
  • Act as administrator for Contract Lifecycle Management contract templates, contract upload, database management, access control, renewal/expiry management and archival.
  • Drive supplier and third-party risk management practice supplier risk assessment, monitoring and remediation.

Duties & Responsibilities

  • Oversight of the progress of each vendor engagement by ensuring that Business Units are following the correct procedures and providing advice and guidance as required
  • Demonstrate strong organizational and communication and relationship management skills
  • Understand Procurement policies, Governance Frameworks and Charters
  • Implement, Track and Report on Vendor Performance to capture performance and improvement.
  • Proactively seek and build continuous and meaningful engagements with the Business Units and Vendors to shape services and improve value delivered from the supply chain
  • Support the creation, and implementation of strategies to ensure that customer focus’ is paramount
  • Maintaining a large electronic contracts data base with expiry dates and key terms, and providing timely notification of expiring contracts to the Category Managers
  • Create and maintain electronic records of executed vendor contract documents
  • Developing performance indicators and Performance Improvement Plans (PIP) for vendors etc.
  • Collaborate with Category Managers to evaluate and monitor contracts/Service Level Agreement to ensure vendors comply with contractual terms and conditions
  • Understand the ways to drive and measure value from vendors
  • Work with internal and external stakeholders in developing vendor contracts
  • Ensuring adequate performance management, vendor rationalization, sanctioning/conflict management, vendor onboarding,
  • Regular review of the vendor database – supplier base optimization, supplier segmentation; monitoring regulatory requirements, and compliance.
  • Meet the requirement for procurement professional certification [Chartered Institute of Procurement and Supply (CIPS)]

Job Requirements
Education:

  • Minimum Education: A good First Degree in any discipline from a reputable institution.

Experience:

  • Minimum experience: 2 – 4 years relevant experience needed.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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