This position calls for a highly skilled professional with a deep understanding of procurement operations, risk management, and supplier relationship dynamics. The ideal candidate will be a strategic thinker with the ability to balance tactical execution with forward-looking initiatives, ensuring robust supplier governance and risk management for our client.
The Sr. Supplier Governance Specialist will lead supplier governance efforts for an Australian telecommunications client from IBM India. This role involves a comprehensive suite of tasks, including initial supplier risk assessments, due diligence processes, ongoing monitoring, reporting, and support for risk framework updates. The incumbent will act as a strategic partner to the business/contract owners, leveraging their expertise to ensure alignment with Telstra's business rules and risk management strategies.
Key Responsibilities:
1. Supplier Risk Assessment Leadership:
- Guide business/contract owners in completing the risk assessment questionnaire.
- Navigate them through dealing with secondary risk teams.
- Report and analyze the outcomes of the questionnaires, identifying trends and potential risks.
- Develop and implement risk mitigation strategies based on assessment results.
2. Due Diligence Questionnaire Leadership:
- Coordinate the distribution of the due diligence questionnaire.
- Validate responses against Telstra’s business rules and requirements.
- Trigger and oversee actions based on inputs from Procurement and Specialist Risk Teams.
- Track the completion of follow-up activities and provide regular status reports.
3. Ongoing Supplier Due Diligence Management:
- Monitor contract and supplier risk alerts, triaging and escalating issues based on business rules.
- Ensure the currency of questionnaire responses and supplier information.
- Lead the tracking and remediation of identified gaps in questionnaires.
- Champion and implement updates or changes to the Risk Framework.
- Provide comprehensive risk reporting to stakeholders.
4. Team Leadership and Development:
- Mentor and develop junior team members, fostering a culture of continuous improvement.
- Collaborate with cross-functional teams to ensure seamless integration of governance activities into broader procurement strategies.
- Represent the team in higher-level discussions regarding supplier governance best practices and strategic direction.
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field, coupled with several years of relevant experience.
- Demonstrated expertise in supplier governance, risk management, and procurement operations.
- Proven leadership skills with a track record of driving process improvements.
- Exceptional communication and interpersonal skills, enabling effective collaboration with diverse stakeholders.
- Advanced analytical skills, with the ability to translate data insights into strategic actions.
- Proficiency in using advanced digital tools and systems for questionnaire management, tracking, reporting, and analysis.
- Ability to manage multiple projects, prioritize tasks, and meet tight deadlines.
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