• Application Deadline:
• Position: Vendor Contract & Performance Specialist


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 4 years


• Location Lagos


• Job Field Banking 
  

• 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

• A good first degree in any discipline from a reputable institution

Experience

• Minimum experience: 2-4 years relevant experience needed