Head of Supplier, and Third-Party Risk

Location: Brisbane
Job Type: Permanent
Discipline: Executive Search
Reference: 1511736
Posted: 29 days ago
About Great Southern Bank

Great Southern Bank, one of Australia's leading customer-owned banks, takes pride in prioritising its customers' needs over shareholder interests. Committed to enhancing products and services while actively supporting the community, the bank believes in transparency and listening to its customers. Their purpose is centred on helping every Australian achieve the dream of homeownership, offering a range of products, tools, and features to facilitate smart saving. With 75 years of expertise, Great Southern Bank is poised to become Australia's preferred banking choice.
  
About the role:

The Supplier, and Third-Party Risk Business Unit is a sub-set of the COO and is responsible for ensuring that the Enterprise Third Party Management Framework is operationalised and embedded across the Enterprise. As the Head of Supplier, and Third-Party Risk of GSB, your role is accountable for the development and management of the Bank’s service provider governance.
  
Reporting to and working closely with the Chief Operating Officer and the Executive team, you will be tasked with designing, maintaining, and embedding Great Southern Bank’s Third-Party Management Framework across the enterprise. This key role involves driving excellence in procurement practices and overseeing the management of third-party relationships, ensuring the efficiency, effectiveness, and compliance of the organisation’s procurement and third-party management processes. In this role, you must build and foster trust-based relationships with business leaders, key stakeholders including regulators, strategic partners, and professional organisations, acting as the trusted advisor to all organisation stakeholders.
  
Additionally, you will be responsible for overseeing and managing the risks associated with our suppliers and third-party relationships. This includes ensuring the security, compliance, and resilience of the organisation’s supply chain, thus maintaining the integrity and reliability of our operations.
  
Specifically, key accountabilities include:
  • Develop and execute procurement strategies to optimise sourcing, vendor selection, and contract negotiations.
  • Foster a culture of exceptional service, teamwork, and professional ethics to achieve team and organisational objectives.
  • Establish robust policies and procedures for third-party management and risk assessment.
  • Manage day-to-day operations, meet service standards, and provide direction, coaching, and mentoring to direct reports.
  • Oversee recruitment, onboarding, performance, behaviours, and continual development of your team.
  • Build strong relationships with key suppliers to foster collaboration and ensure contractual adherence.
  • Implement processes to assess, monitor, and mitigate third-party risks, ensuring regulatory compliance.
  • Oversee contract lifecycle management to mitigate risks and maximise organisational value.
  • Ensure adherence to relevant laws and internal policies, managing compliance with CPS231 and future CPS230 standards.
  • Collaborate with internal stakeholders to align procurement strategies with organisational goals and serve as an advisor on supplier risk matters.
The Person:
  
The successful candidate will bring over a decade of extensive experience in financial services, third-party risk management, procurement, strategic sourcing, and vendor management. Throughout your career, you will need to have demonstrated a strong track record of leadership in team management and project oversight, with a focus on driving business strategy and optimisation across various operational contexts.
  
Your expertise will include a robust understanding of procurement best practices, contract management principles, and frameworks for effectively managing third-party risks within financial institutions. The ability to demonstrate design and implement governance frameworks that enhance operational resilience and ensure compliance with regulatory standards will be needed for this senior appointment. You will excel in leveraging procurement technology solutions, such as e-procurement systems and contract management software, to streamline processes and achieve operational efficiencies.
  
Educationally, you will hold a degree in management, business, finance, or a related discipline, with an advanced degree being preferred. It is expected that you will possess an in-depth knowledge of relevant regulatory requirements and industry standards, such as CPS230, ISO20400, and NIST.
  
The successful candidate will be recognised as a plain-speaking risk professional with high commercial acumen and an exceptional ability to influence stakeholders at all levels. You will be known for your excellent communication skills, both written and oral, particularly at the executive and board levels, where you can effectively translate complexity into clarity.
  
With strong listening and influencing abilities, you will promote and embed a culture of openness, trust, and operational governance. Strategic, resilient, and resourceful, you will possess outstanding problem-solving and analytical skills, with a keen attention to detail. Your solution-focused approach, versatility, and strategic mindset will enable them to simplify processes and optimise outcomes in fast-paced, agile environments, often working autonomously with minimal supervision.
  
For a strictly confidential discussion, please contact Callan Raine, Director - Executive on 0411 686 652. Alternatively, you can request a candidate pack by emailing executive@troocoo.com
  
Submit your application (CV and cover letter) via the apply button.