Commodity Specialist

2 weeks ago

Johannesburg, Gauteng, South Africa Nedbank Full time R500 000 - R750 000 per year
Requisition Details & Talent Acquisition Contact

REQ ID: Michelle Thabethe
Location: Sandton
Cluster: Group Finance - GROUP PROCUREMENT COE

Contract Duration - 6 months

Job Family

Administration, Operations and Facilities

Career Stream

Procurement and Vendor Management

Leadership Pipeline

Manage Self: Technical

Job Purpose

To execute the end to end procurement sourcing process for controlled commodities in line with Nedbanks business strategy.

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
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
  • CIPS, MCIPS
Minimum Experience Level
  • 3 years procurement experience
Technical / Professional Knowledge
  • Administrative procedures and systems
  • Banking knowledge
  • Banking procedures
  • Business principles
  • Business terms and definitions
  • Data analysis
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Governance, Risk and Controls
Behavioural Competencies
  • Decision Making
  • Continuous Improvement
  • High-Impact Communication
  • Managing Work
  • Sustaining Customer Satisfaction
  • Technical/Professional Knowledge and Skills
Please contact the Nedbank Recruiting Team at

If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

  • Procurement Commodity Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa Absa Group Full time R500 000 - R750 000 per year

    Empowering Africa's tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryAbsa...

  • Procurement Commodity Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa Absa Group Full time R60 000 - R120 000 per year

    Empowering Africa's tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryAbsa...

  • Commodity Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa Nedbank Full time R400 000 - R800 000 per year

    *Job ClassificationJob Requisition: 141833TA Specialist: Refilwe FalatsiClosing Date: 17 November 2025Location: 135 Rivonia Campus, SandtonCluster: Personal and Private Banking | Nedbank Insurance | OperationsPlease Note: Preference will be given to applicants from Underrepresented GroupsFAIS AffectedJob Purpose*As part of our Procurement team, you'll help...

  • Specialist Digital Technology

    1 day ago

    Johannesburg, Gauteng, South Africa AngloGold Ashanti North America Full time R70 000 - R150 000 per year

    112 Oxford Road, Houghton Estate, Johannesburg, 2198Private Bag X 20, Rosebank, 2196, South AfricaTel: Fax: Website: Name of the Role: Specialist Digital TechnologyBased: Johannesburg Office, RosebankReports to: Manager ICTObjective of the roleTo support the Commodity Manager by providing information, analysis, and documentation to enable effective...

  • Onboarding Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa FP Markets (First Prudential Markets) Full time R104 000 - R208 000 per year

    FP Markets is a well-established global CFD broker offering traders access to CFDs across Forex, Indices, Commodities, Stocks and Cryptocurrencies and we are currently looking to recruit a full-time Onboarding (Back Office) Specialist inJohannesburg.This is a great opportunity to work in a varied role and be overseen by and mentored by a team of industry...

  • Onboarding Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa FP Markets Full time R400 000 - R600 000 per year

    FP Markets is a well-established global CFD broker offering traders access to CFDs across Forex, Indices, Commodities, Stocks and Cryptocurrencies and we are currently looking to recruit a full-time Onboarding (Back Office) Specialist in Johannesburg.This is a great opportunity to work in a varied role and be overseen by and mentored by a team of industry...

  • Client Relations Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa FP Markets Full time R300 000 - R600 000 per year

    FP Markets Group of Companies is a well-established globally regulated Australian broker offering traders access to CFDs across Forex, Indices, Commodities, Stocks and Cryptocurrencies. We are growing and looking to recruit a Customer Relations Specialist in Johannesburg Office.This is an exciting opportunity to join a global company with a professional,...

  • Business Development Specialist

    3 days ago

    Johannesburg, Gauteng, South Africa FP Markets Full time R250 000 - R500 000 per year

    FP Markets Group of Companies is a well-established multi-regulated broker, founded in Australia, offering traders access to CFD trading on Forex, Indices, Commodities, Stocks and Cryptocurrencies. We are growing and looking to recruit a Full-time Business Development Specialist in Johannesburg.This position is open to energetic, hard-working and ambitious...

  • Specialist Fullstack Product Engineer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Group Full time R600 000 - R1 800 000 per year

    Empowering Africa's tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryApply...

  • Group Specialist: Treasury

    1 day ago

    Johannesburg, Gauteng, South Africa Assore Group Full time R450 000 - R750 000 per year

    Assoreis an international mining holding company, which principally engages in projects involving the mining, processing and marketing of ores, minerals and metals throughout several countries.Assore boasts a diverse product portfolio and a global customer base. We are proudly renowned for our excellence in supplying iron, manganese and chrome ores, as well...