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 recent 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 initiatives
Managing delivery activities
Supporting execution outcomes




Ensuring 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
Robust understanding of procurement governance and risk management
Commercial Capability
Proven ability to negotiate complex commercial agreements
Strong supplier relationship management experience
Ability to balance commercial outcomes with risk and compliance requirements
Skills
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: 04/06/2026

📌 Procurement Senior Manager (Sydney)
🏢 Commonwealth Bank Of Australia
📍 Sydney