Commonwealth Bank of Australia
Procurement Senior Manager, x15ventures
Commonwealth Bank of Australia is hiring a Procurement Senior Manager, x15ventures. Level rates it ; you can apply on Commonwealth Bank of Australia.
Level's read on this job
- On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
- The posting mentions procurement, supplier management and governance among its tools and skills.
- Level classes it as a senior role.
- Commonwealth Bank of Australia has 201 other open roles on Level.
- Posted within the past two weeks.
AI in this role
Lead procurement governance, commercial strategy, and supplier management across x15ventures and its portfolio companies.
Who we are
We’re a venture-scaler powered by CommBank. That means we build, buy, and invest in startups that could benefit the bank’s 15 million customers and beyond.
Because of what we do, we’re really neither corporate, nor startup – instead we’re happily navigating the space between both worlds. We're close enough to benefit from the bank’s strategy, scale, and stability, but separate enough that we have the autonomy to try new things.
What it’s like to work here
We’re a community of galvanisers, thinkers, and doers. We have a big, bold vision, which so far no-one has nailed (including us). That excites, rather than deters, us.
We never lose sight of the impact we can have on people’s lives, and the role that each of us plays in shaping the bank of the future. We don’t take ourselves too seriously and make time to connect to celebrate and grow our people.
At x15, we’re guided by three values: Care, courage, and commitment. And what does that mean? We’re aware, attuned, and always act to help our people and our customers. We’re more than just job titles and we don’t hide the human stuff. We lead with grit and grace and do what's right – even if it's hard. And, whatever happens, we always find a way.
Where would you fit?
x15 is looking for a Procurement Senior Manager to lead procurement governance, commercial strategy, and supplier management across x15 and its ventures.
This is an opportunity to shape how ventures engage third parties, optimise commercial value, and manage supplier risk in a fast-moving innovation environment.
Role overview
As the Procurement Senior Manager, you will act as the procurement SME across x15 and partner closely with ventures, risk, security, legal, and technology SMEs to drive strategic procurement outcomes.
You’ll lead complex negotiations, improve procurement practices, and ensure strong governance and compliance across third-party engagements.
Key Responsibilities
Commercial Strategy & Supplier Management
- Lead high-value and high-risk commercial negotiations
- Build and maintain strategic supplier relationships
- Drive commercial optimisation and cost-saving initiatives
- Partner with Legal on complex contractual arrangements
Procurement Governance & Compliance
- Act as SME for procurement, supplier, and third-party policies
- Ensure compliance with Group procurement and payment policies
- Monitor and implement policy and process changes
- Manage procurement-related escalations, exemptions, and exceptions
Procurement Operations Leadership
- Oversee end-to-end procurement processes across ventures
- Support supplier selection, onboarding, and contract management
- Improve procurement processes and ways of working
Business Delivery
- Provide delivery and execution expertise to support x15 and its Ventures in: Prioritising initiativesManaging delivery activitiesSupporting execution outcomesEnsuring alignment to strategy and OKRs
- Assist teams to embed effective operational and delivery practices.
What We’re Looking For
Experience
- Extensive experience in procurement, sourcing, commercial negotiation, or supplier management
- Experience operating in complex or regulated environments
- Strong understanding of procurement governance and risk management
- Proven ability to negotiate complex commercial agreements
- Strong supplier relationship management experience
- Ability to balance commercial outcomes with risk and compliance requirements
- Excellent stakeholder management and influencing capability
- Strong negotiation and communication skills
- Strategic thinker with strong operational execution capability
- Ability to manage competing priorities in fast-paced environments
Why Join us?
- Shape procurement strategy across a growing venture portfolio
- Work on complex, high-impact commercial initiatives
- Influence senior stakeholders and strategic decisions
- Join a collaborative and innovation-focused environment
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Advertising End Date: 12/11/2026How we rate this
Procurement Senior Manager, x15ventures at Commonwealth Bank of Australia rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where procurement was part of your work. What did you do?
- Tell me about a project where supplier management was part of your work. What did you do?
- Tell me about a project where governance was part of your work. What did you do?
- Tell me about a project where commercial negotiation was part of your work. What did you do?
- Tell me about a project where contract management was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Procurement, Supplier Management, Governance, Commercial Negotiation, and Contract Management. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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