Vendor Contract & Performance Specialist at First Bank of Nigeria Limited

Employment Nigeria 04-Apr-2023 ₦Not Available LAGOS , Banking and Finance

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Vendor Contract & Performance Specialist

Job Identification: 765
Location: Lagos
Job Type: Full-time

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.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Sorry the application deadline for this job has elapsed

Disclaimer: Though we make every effort to verify the authenticity of our posts, We're in no way affiliated to any of these companies whose vacancies we publish.
Note : Do not pay any fees to Employers for recruitment. To report and to view a list of fake recruiters in Nigeria, . Click Here

Vendor Contract & Performance Specialist at First Bank of Nigeria Limited

SIMILAR JOBS

MOST RECENT JOBS

GET FREE JOB ALERTS

POPULAR JOBS

Employment Nigeria

Job Seekers

Employers

Contact