This is a Commercial Partner role with ASX based in Sydney, NSW, AU ASX Role Seniority - mid level More about the Commercial Partner role at ASX ASX: Powering Australia's financial markets Why join the ASX? When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all. In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub. Want to know why we are a great place to work, click on the link to learn more. www.asx.com.au/about/careers/a-great-place-to-work We are more than a securities exchange! The ASX team brings together talented people from a diverse range of disciplines. We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance. We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive. This team is responsible for the frameworks and capability that underpin the new end-to-end Supplier lifecycle at ASX. You will be responsible for third party spend including indirect and direct, technology and non-technology categories and sourcing assigned to them, including development and execution of sourcing strategies aligned with the overall ASX strategy. You will collaborate with internal teams, business units and senior management to align sourcing strategies with business needs. You will also ensure the procurement frameworks and processes across ASX are challenged, improved, and consistently applied. Your responsibilities Lead negotiations for contracts including terms, pricing and service level agreements keeping in-line with global terms and structure for technology infrastructure, SaaS, cyber and Cloud. Apply leading procurement and supplier management practices to non-technology categories including but not limited to Facilities, Corporate Services and Indirect Categories Analytical with the ability to identify value opportunities leveraging spend data, contract renewals pipeline, stakeholder engagement and other sources. Ability to run sourcing initiatives end to end across a range of technology and non-technology categories. Ability to translate business and regulatory requirements into contractual language. Enable ASX Contract Owners to comply with regulatory and best practice governance requirements. Support Contract Owners in the implementation of Supplier Governance practices for Tier 1 and 2 Suppliers. Enable ASX Contract Owners to identify, assess and manage vendors, ensuring they meet cost, performance and regulatory criteria. Support the ASX annual operating plans and quarterly business reviews Risk management – ensure responsible practises are being met and comply with company objectives, manage contracts, including settling disputes and ensuring that a supplier meets expectations Must have skills: Minimum 8 Years of procurement and / or vendor management experience – a background in financial services industry would be highly regarded. Experience in negotiations including clear understanding of effective negotiation tactics and adequate preparation Experience of developing and implementing Category Strategies Ability to forge strong internal and external relationships, quickly establishing credibility and developing trust, Excellent collaboration, communication skills Understands and interprets complex data sets an articulates complex information and reports into simple, digestible terms Articulates complex information and reports into simple, digestible terms A growth mindset, and the willingness to learn and grow Most importantly you will be passionate about our ASX Values and exceeding customer expectations. Courage - Challenges and identifies errors when information contradicts their understanding of the business. Nice to have skills: CIPs or equivalent procurement, vendor management and contract management accreditation Bachelor degree in Finance, Commerce, Law or Technology Procurement ops or analytics experience. We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role. If you need any adjustments during the application or interview process to help you present your best self, please let us know. At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements. We will arrange for successful candidates to have background checks, including reference and police checks completed as part of the on-boarding process. Before we jump into the responsibilities of the role. No matter what you come in knowing, you’ll be learning new things all the time and the ASX team will be there to support your growth. Please consider applying even if you don't meet 100% of what’s outlined Key Responsibilities Leading contract negotiations Applying procurement practices Managing sourcing initiatives Key Strengths Procurement and vendor management experience Negotiation skills Category strategy development CIPs or equivalent accreditation Bachelor's degree in relevant fields Procurement operations or analytics experience Why ASX is partnering with Hatch on this role. Hatch exists to level the playing field for people as they discover a career that’s right for them. So when you apply you have the chance to show more than just your resume. A Final Note: This is a role with ASX not with Hatch.
