Commodity Specialist

Requisition Details and Talent Acquisition Contact

REQ 143117 - Michelle Thabethe

Cluster - Group Finance - GBS Procurement Function Management

Closing date: 28 February 2026

Job Family

Career Stream

Leadership Pipeline

Job Purpose

Job Responsibilities

• Analyse trends by reviewing management information.


• Assisting stakeholders with budget forecasting by providing commodity information.


• Identifying opportunities to develop sourcing strategy that will result in cost saving by benchmarking and negotiating with internal and external stakeholders.


• Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice.


• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.


• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.


• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.


• Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes.


• Mitigating risks by ensuring that policies and regulatory and industry governance requirements are adhered to.


• Selection of preferred suppliers by conducting a tender or quotation process.


• Drafting and signing of contracts by liaising with Group Legal and stakeholders.


• Ensuring SLA's are met through end to end management of the contract (includes supplier relationship and performance management).


• Measure local procurement and environmental objectives against Nedbank's transformational objectives by conducting surveys or reviewing management information.


• Identifying business requirements by engaging with internal stakeholders to understand business needs.


• Collaboration with stakeholders to implement the sourcing strategy by coordinating workshops; presentations and meetings.


• Exchange of information between stakeholders to achieve the procurement objective by sharing management information.


• Manage and maintain internal and external stakeholder relationships by conducting regular engagements. Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.


• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.


• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.


• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.


• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.

Essential Qualifications - NQF Level

Preferred Qualification

• CIPS, MCIPS

Minimum Experience Level

• Minimum 5 years’ experience in a Commodity Specialist role

Technical / Professional Knowledge

Behavioural Competencies