Category Management - Corporate Procurement

Responsibilities

The role involves managing the end-to-end procurement lifecycle, including sourcing strategies, contract negotiations, and supplier onboarding. Additionally, the incumbent will lead a renewal program for corporate services contracts while ensuring compliance with regulatory standards like APRA CPS 230 and 234.

Requirements

Candidates should have demonstrated experience in procurement, sourcing, or category management, along with strong contract review and negotiation skills. Knowledge of APRA prudential standards and experience in the financial services sector are highly desirable.

Skills

• Category management
• Procurement
• Sourcing
• Contract negotiation
• Contract review
• Supplier governance
• Risk assessment
• Stakeholder engagement
• Financial services
• APRA CPS 230
• APRA CPS 234
• Information security
• Data protection
• RFI
• RFQ
• RFP

Benefits

• Employer super
• Investment menu
• Flexible insurance solutions
• Financial services discounts
• Home loan discounts
• Confidential support services
• Birthday leave
• Life leave
• Retail discounts
• Travel discounts
• Entertainment discounts

About this role

Are you ready to be part of an organisation that values expertise, different
perspectives and collaboration? At CFS, we know our people are central to our
success. We believe in creating an inclusive environment where everyone can
contribute, develop and reach their potential. Together, our people enable us to
make a difference and deliver exceptional experiences that help our customers
achieve financial freedom.

Your Team

The Procurement & Supplier Governance team is part of CFS’s Finance and Fund
Services division, which is accountable for sourcing, contracting and supplier
governance across CFS. The work undertaken by the team plays an important role
in supporting CFS’s purpose and strategic priorities.

This is a 6-month contract role starting January 2027, providing an opportunity
to work across a varied portfolio of procurement and supplier initiatives.

Your Responsibilities

• Manage the end-to-end procurement lifecycle for new requests across the People
& Culture, Managed Accounts and Distribution teams, from requirements definition
and sourcing strategy through to negotiation and contract execution.
• Lead the planned renewal and renegotiation programme for key Corporate
Services contracts between January and June 2027, engaging stakeholders early
and establishing a clear commercial and risk approach for each engagement.
• Plan and run competitive sourcing activities (RFI, RFQ and RFP) and direct
negotiations in line with CFS procurement policy, preparing clear and
commercially focused recommendations for approval.
• Review, draft and negotiate supplier contracts, including commercial terms,
service levels, liability, data protection, information security and exit
provisions, working collaboratively with Legal.
• Coordinate supplier onboarding, including due diligence and supplier risk
assessments, in partnership with the Supplier Governance, Risk and Information
Security teams.
• Ensure third-party arrangements meet CFS policy and regulatory requirements,
including APRA CPS 230 Operational Risk Management and CPS 234 Information
Security, with material service providers appropriately identified and managed.

Your Capability and Experience

• Demonstrated experience in procurement, sourcing or category management, with
experience managing end-to-end sourcing activities.
• Strong contract review skills, with the ability to identify commercial, legal
and risk considerations within supplier agreements and develop practical
solutions.
• Demonstrated contract negotiation capability, with experience achieving
balanced commercial outcomes and effective supplier arrangements.
• Strong stakeholder engagement and communication skills, with the ability to
advise, influence and constructively challenge stakeholders at different levels.
• Experience in supplier onboarding and supplier risk assessment, combined with
the ability to balance multiple priorities and deliver within the timeframe of a
fixed-term engagement.
• Knowledge of APRA Prudential Standards CPS 230 (Operational Risk Management)
and CPS 234 (Information Security) and their application to third-party
arrangements. (Highly Desirable)
• Financial services experience, ideally within superannuation, wealth
management or banking. (Highly Desirable)

What to Expect

At CFS, you'll be working alongside experienced professionals across the wealth
management industry. It's a collaborative environment that supports development,
recognises contribution and encourages people to bring their perspectives and
experience to their work. Other things to look forward to:

• Access to CFS Employer Super, which offers an expansive investment menu and
flexible insurance solutions
• Support with financial services, including discounts on home loans and daily
bank accounts through our partnership with a leading financial institution
• Access to 24/7 confidential support covering safety, medical and mental health
services
• Additional leave day to celebrate your birthday
• Life Leave - 3 days per annum to focus on your wellbeing or celebrate a
special event
• Exclusive discounts on retail, travel and entertainment

CFS Culture

At CFS, we are committed to creating a thriving and inclusive environment where
individuals can flourish. We believe strong teams are built through different
perspectives, experiences and ideas, and we are committed to celebrating
individuality and supporting a diverse and inclusive workforce. When people feel
supported to be themselves and contribute their perspectives, we believe they
can do their best work.

Apply today and join us in helping Australians achieve their financial freedom.

Please note, CFS requires all candidates to have full work rights in Australia.

Where we have preferred candidates, background checks (including Police,
Employment, Bankruptcy checks, ASIC banned and disqualified persons) will be
completed prior to the final preferred candidate's employment being confirmed.
The outcomes of the background checks do not preclude the preferred candidate;
however, they will be assessed against the inherent requirements of the role.

This role is based on Gadigal Land (Sydney).

About Colonial First State

Financial Services · 1,001-5,000 employees · headquartered in Sydney, New South Wales