Specialist, Supplier Services

Job Overview Business Segment: Group Functions

Location: JE, St Helier, Saint-Helier, La Motte Street

Job Type: Full-time

Job ID: 80421853

Date Posted: 1/16/2024

SAVE JOB APPLY NOW

Job Description Responsible for being the main point of contact and delivery of services to Standard Bank Offshore clients ,internal and external. Contribute towards policies and evaluate customer feedback to advance processes. Contribute towards efficiencies and refine service delivery processes and develop uniform processes and procedures. Management and tracking of benefit realisation, value leakage prevention and issue management post contract.

The Procurement team sit within the banks Finance Corporate Function. We provide support to SBO business areas in the procurement of products and/or services from third parties. The work we undertake is important for ensuring we conduct our business in accordance with the bank’s values and Code of Ethics. The role involves engaging with internal stakeholders to understand their needs and requirements prior to the sourcing of goods and/or services and contracting. The supplier selection process must be conducted fairly and ethically and where there are risks associated to the engagement they are identified and managed.

Qualifications Minimum Qualifications

 A Levels and or a Diploma in Business Commerce

Experience Required

 Ideally have worked within a Procurement function within the finance Industry

 An understanding of third party risk management

 Knowledge of Procurement practices

 Stakeholder engagement and management.

 Strong Contract negotiation & management

 Knowledge on how to analyse and collate financial data and provide advice on the use of this data in the organisation for decision making and business development purposes. Responsible for the compilation, review, approval and submission of regulatory returns required by banking regulators.

 Knowledge on the preparation of financial statements for external decision makers, such as shareholders, clients, suppliers, other banks, regulators, analysts and other stakeholders as these jobs are governed by the Generally Accepted Accounting Practices as well as International Financial Reporting Standards.

Additional Information Key Responsibilities:

 Engage with Internal Stakeholders of all levels to understand their needs.

 Ensure fair & effective sourcing of Products & Services from third parties.

 Financial negotiations to ensure the bank achieves best value.

 Identify areas of risk & mitigations

 Manages the end-to-end procurement process, ensuring all agreements for products/& services are approved and third-party contracts are awarded In line with group policies.

Technical Competencies:

 Procurement Knowledge

 Records and Archive Management

 Specification Analysis

 Supplier Relationship Management

 Supply Chain Management

 Tender Process

 Value Chain and Total Cost Analysis

Role Profile

About us

We supervise the island's financial services businesses - including financial institutions, designated non-financial businesses and professions and virtual asset service providers for anti-money laundering (AML), countering of the financing of terrorism (CFT) and countering proliferation financing (CPF) purposes. We also regulate financial services for conduct and prudential purposes. The JFSC is one of the few regulators globally to benefit from the regulator and entity registries operating under a single financial services commission.

Team: Finance

The team maintains the financial records of the JFSC, provides reports to stakeholders, conducts financial analyses, and develops robust financial plans to support the Commission’s execution of its strategy.

Role: Finance Officer (Permanent/35 Hours Per Week)

The key objective of this role is to provide a support to the Finance team and the JFSC by assisting with various receivables and payables functions, including but not limited to billing processes, cash management and vendor invoices. The successful candidate will join the JFSC at a key stage in its development, as it seeks to play an enhanced role in the continued success of Jersey as a highly regarded International Financial Centre. The candidate will deliver the following outcomes:

• Assist with processing fee runs, invoices, credit memos and refunds accurately and

according to required timeframes.

• Process vendor setups, bank account verification and invoice processing to ensure the

timely approval of expenses.

• Process corporate card and staff expenses to ensure expenditure is recorded correctly

and staff are reimbursed in-line with the policies.

• Collate and process the payment runs to ensure the timely payment of expenses.

Finance Officer

• Assist with daily banking processing and allocation of debtor receipts to support month

end tasks and accurate reporting to entities / clients.

• Assist with processing Registry transactions and reconciliations for accurate and timely

month end reporting.

You will add value to the organisation by:

Supporting the Finance team to deliver a professional service to industry and internal clients with improved delivery of payables and receivables related processes. What will success in this role look like? Improved efficiencies with delivery of payables and receivables related processes that are accurate and completed according to expected timeframes.

Are you suitable for this role?

This role would suit candidates who are self-driven and have excellent communication and interpersonal skills. if you have an eye for detail, enjoy working collaboratively and have an analytical approach to work, this will suit you. Experience in Internal Finance within the Finance industry and knowledge of relevant financial services and legislation would be great. A good working knowledge of Microsoft Office and the use of computer-based accounting systems would be beneficial in the role.

Why us?

Working in the JFSC will enable you to join a team people who have purpose, passion, and pride. It offers the opportunity to work alongside people who are passionate about maintaining Jersey’s position as a leading International Finance Centre with high regulatory standards. This clarity on our purpose is incredibly motivating and we leverage our core values of: Excellence, Professionalism, Respect, Integrity, and Teamwork to deliver our work. Our people are proud of their work and their contribution to Jersey. If you are looking to make a difference, have a unique working experience and contribute to a bigger picture, then think JFSC; a diverse team of people who put their hearts and minds into what they do and have some fun along the way!