Head of Third Party Governance & Sourcing

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

Your New Role

Reporting to the Chief Financial Officer, the Head of Third Party, Governance & Sourcing is responsible for ensuring effective third party and sourcing management providing trusted processes, insight, advice, and guidance. drawing together a range of external and internal inputs.

The Fund has a large portfolio of third party providers of varied criticality, significance and complexity, and these relationships are owned and managed across all departments at the Fund. The Fund is also experiencing rapid growth in assets under management, and Fund operations are expanding to the US and UK. The process and capabilities need to support the offshore locations and integrate with applicable regulatory requirements of those jurisdictions.

Third Party Due Diligence

• Supervise the implementation of clear and effective procedures to assess and rate key third-party providers, ensuring they meet all requirements to become approved suppliers
• Oversee regular review each provider on a basis that is appropriate to their risk profile
• Ensure all non-compliance issues with third party providers are promptly identified and effectively resolved Oversee the development and implementation of Fund-wide processes, systems, and tools to enable vendor and supplier owners to properly manage and demonstrate third party risk management

Sourcing

• Develop and execute the Fund's procurement strategy, aligning annual priorities and measurable actions with overall organisational objectives
• Lead continuous improvement and efficiency initiatives in procurement processes, including policy framework updates and spend optimisation programs
• Provide expert leadership and guidance on procurement matters to the CEO and Group Executive and represent AustralianSuper in critical commercial negotiations.

What You'll Need

• Tertiary qualifications in Business or Accounting disciplines
• Undertaking post graduate studies or industry-based accreditation (e.g., FINSIA or Post graduate Dip)
• Regulated industry experience, ideally in financial services (with exposure to APRA or ASIC preferred)
• Experience in a global organisation, ideally with exposure to Europe, the United States and/or Asia
• 15+ years' experience in governance, procurement, third party management, or business management with at least 10 years in a senior leadership role.
• Innovative, creative, and curious with a strong growth mindset

Life at AustralianSuper

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we're happy to discuss what this looks like for you.

We cultivate a workplace that champions safety, respect, inclusiveness and diversity. We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.

What's Next

Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results.

AustralianSuper uses AI to review resumes and conduct initial phone interviews. This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.

https://www.australiansuper.com/careers/candidate-privacy-notice

Australian or New Zealand citizenship or Australian permanent residency status is required.

Agencies please note: this vacancy is being managed directly by AustralianSuper's Talent Acquisition team. We will contact our preferred agency partners should we require additional support. Thank you.