Senior Procurement Risk Lead in Richmond, Australia

Senior Procurement Risk Lead

We’re REA

REA Group is one of the world’s largest property and lifestyle media companies. Best known in Australia for realestate.com.au, the market leading property site in the country, we’re also a fast-growing global business spanning four continents. People use our sites and apps when finding a place to rent or buy, as well as for inspiration, renovation ideas, and to better understand their neighbourhoods and the property market.

From our humble beginnings in a Melbourne garage more than 20 years ago, to a global company helping reimagine digital property experiences; we have played a key role in shaping the digital sector in Australia, especially in the talent we have nurtured and continue to develop.

Where the team fits in

The Procurement & Workplace Experience team are passionate about providing value to the REA Group. Whether this is through driving good service and commercial outcomes from our vendors or managing a best-in-class property management and travel and expenses program or, the team have work closely together to deliver consistent outcomes to the business. With an ever-increasing focus on Supplier Risk, this role will drive our Due Diligence program and adjacent Supplier controls.

What the role is all about

The primary objective of this role is to spearhead REA’s Due Diligence and Supplier Onboarding processes. As the Procurement Lead, you will oversee the meticulous review process, manage the issuance of Due Diligence surveys to third-party entities, and ensure alignment with REA’s risk management strategies. Additionally, you will play a pivotal role in enhancing the profile of Due Diligence procedures within the organization while driving continuous improvement initiatives.

Key responsibilities:

Due Diligence Coordination:

• Identify Suppliers posing risk triggers and initiate Due Diligence procedures.

• Guide internal stakeholders through the Due Diligence process.

• Assign Category Leads from various departments to facilitate Due Diligence tasks.

• Monitor and track the progress of Due Diligence activities, furnishing timely reports to relevant stakeholders.

• Serve as the liaison between Category Leads and Third-Party entities for additional information and clarification.

• Host regular check-in meetings to ensure seamless progress and timely resolution of issues.

• Escalate identified risks to pertinent internal parties and manage stakeholder expectations throughout the process.

OneTrust and New Supplier Onboarding:

• Act as the system owner and expert for REA Group’s New Supplier Onboarding platform, OneTrust.

• Facilitate internal stakeholders and business partners through the onboarding process.

• Ensure efficient processing of requests, resolution of technical issues, and continuous improvement of workflows.

• Coordinate the approval process for supplier transactional details, ensuring compliance with established protocols.

• Collaborate with Accounts Payable and Finance teams to ensure successful onboarding of suppliers, with seamless connectivity between OneTrust and Netsuite.

• Conduct OneTrust training sessions for stakeholders and promptly address technical and integration issues.

Risk Officer for FaBS:

• Provide support to the FaBS team in activities related to Business Continuity, including BIA & BCP reviews, Insurance reviews, and response exercises.

• Monitor crisis communications, incident responses, and IT continuity frameworks.

• Facilitate compliance with SOX Controls, Third-Party Audits, and other regulatory requirements.

Additional Responsibilities:

• Develop and maintain OneTrust capability to support activities including Supplier Governance, ESG and AI reviews, supported with appropriate reporting.

• Act as the Modern Slavery subject matter expert for OneTrust and Modern Slavery statement.

• Collaborate with Procurement Analyst to develop and maintain robust controls for Suppliers, encompassing various regulatory areas and compliance measures.

This role will play a crucial part in ensuring the integrity of REA’s procurement processes, mitigating risks, and fostering strategic supplier relationships while upholding the highest standards of compliance and governance.

Who we’re looking for

• Self-starter and enthusiastic.

• Experienced in Procurement Operations or Risk and Assurance.

• Strong controls and reporting experience.

• Bachelor in Business or Commerce or equivalent preferred.

• Work productively in a fast paced and agile environment – #gsd (see urban dictionary for help).

• Strong interpersonal skills to engage key stakeholders around the business

• Work in or be flexible to work in an agile and fast paced environment.

• Provide assistance and support to team members.

• Be approachable and willing to collaborate with others where necessary.

• Embrace change, and responsibility.

The REA experience

The physical, mental, emotional and financial health of our people is something we’ll never stop caring about. This is a place to learn and grow. We’re committed to your development – both professionally and personally. Your experience with us is something we take seriously.

We offer:

• A hybrid and flexible approach to working – https://rea.to/hybrid-working

• Flexible parental leave offering for primary and secondary carers

• Programs to support mental, emotional, financial and physical health & wellbeing

• Our Because We Care program offers employees volunteering leave, community grants, matched payroll giving and our Community Café donates 100% of revenue to charity.

• Hack Days so you can bring your big ideas to life

• Performance recognition programs because hard work should never go unnoticed

Our commitment to Diversity, Equity, and Inclusion

We are committed to providing a working environment that embraces and values diversity, equity and inclusion. We believe teams with diverse ideas and experiences are more creative, more effective and fuel disruptive thinking – be it cultural and ethnic backgrounds, gender identity, disability, age, sexual orientation, or any other identity or lived experience. We know diverse teams are critical to maintaining our success and driving new business opportunities. If you’ve got the skills, dedication and enthusiasm to learn but don’t necessarily meet every single point on the job description, please still get in touch.

If you like the sound of us, then we think you should apply today. We’re proud to be Circle Back Initiative Employer and we commit to respond to every applicant. While we’re looking at your application, and preparing to come back to you with an update, why not get to know us a bit more through our various social channels?