Stanbic IBTC Announces Third Party Suppliers Management Officer Role

The Stanbic IBTC Supplier Management Officer position is now open for qualified candidates seeking a career opportunity in Nigeria’s banking sector. The role focuses on supplier relationship management, contract administration, vendor performance monitoring, and compliance support within the bank’s operations.

Stanbic IBTC, a member of Standard Bank Group, continues to strengthen its operational processes by recruiting professionals capable of managing third-party suppliers and ensuring service providers meet agreed business standards.

Job Overview

Stanbic IBTC is recruiting for the position of Officer, Third Party Suppliers Management within its Personal and Private Banking division.

Position Details

• Job Title: Officer, Third Party Suppliers Management
• Job Reference ID: 80449309A-0001
• Location: Lagos Mainland, Lagos
• Employment Type: Full-time
• Business Segment: Personal & Private Banking

The successful candidate will be responsible for overseeing supplier relationships, supporting contract management processes, and ensuring vendor services align with organizational expectations.

Key Responsibilities

The Stanbic IBTC Supplier Management Officer role involves managing suppliers throughout the contract lifecycle while ensuring compliance with agreed standards.

Supplier and Contract Management

Key duties include:

• Establishing and maintaining strong supplier relationships
• Negotiating supplier contracts
• Managing contracts from initiation to renewal
• Reviewing service level agreements and contractual terms
• Supporting contract renewal processes

Vendor Performance Monitoring

The successful candidate will:

• Monitor supplier performance against agreed targets
• Ensure suppliers deliver value for money
• Reduce contractual breaches and service failures
• Address supplier-related issues promptly
• Support continuous service improvement initiatives

Compliance and Audit Support

Additional responsibilities include:

• Maintaining supplier and contract databases
• Supporting supplier governance policies
• Providing audit and assessment documentation
• Coordinating with internal teams for compliance requirements
• Ensuring supplier services remain available and reliable

Collaboration Across Teams

The role requires close collaboration with procurement teams, vendor management units, and IT service monitoring teams.

Regular engagement with stakeholders will help ensure timely contract renewals, effective issue resolution, and improved supplier performance across business operations.

Qualifications and Experience

Applicants should possess:

Educational Requirements

• BSc Degree in Computer Science
• Information Technology qualification
• Or a related discipline

Relevant professional certifications may provide an added advantage.

Experience Requirements

Candidates should have:

• 4 to 5 years of vendor management experience
• Knowledge of supplier relationship management
• Experience in financial management, which will be an added advantage

Required Competencies

Behavioural Competencies

Applicants should demonstrate:

• Effective communication skills
• Attention to detail
• Documentation abilities
• Relationship-building skills
• Adaptability to change
• Analytical thinking
• Ability to follow established procedures

Technical Competencies

Preferred technical skills include:

• Business Continuity Planning
• Disaster Recovery Planning
• Business Process Improvement
• Data Analysis
• Data Integrity Management
• Documentation and Reporting

Why This Role Matters

Supplier management plays a critical role in the banking industry. Effective oversight of vendors helps organizations reduce operational risks, improve service delivery, maintain compliance standards, and strengthen business continuity.

The Stanbic IBTC Supplier Management Officer position contributes directly to these objectives by ensuring suppliers consistently meet contractual obligations and service expectations.

Application Information

The application closing date has not been specified.

Interested and qualified candidates are encouraged to submit their applications through the official online recruitment platform provided by Stanbic IBTC.

FAQ

What does a Stanbic IBTC Supplier Management Officer do?

The officer manages supplier relationships, oversees contracts, monitors vendor performance, and supports compliance and audit activities.

What qualifications are required for the Supplier Management Officer position?

Applicants should have a bachelor’s degree in Computer Science, Information Technology, or a related field. Professional certifications are an added advantage.

How many years of experience are needed for this role?

Candidates are expected to have between four and five years of experience in vendor management or a related area.

Where is the Stanbic IBTC Supplier Management Officer job located?

The position is based in Lagos Mainland, Lagos State, Nigeria.

The Stanbic IBTC Supplier Management Officer vacancy presents an opportunity for experienced vendor management professionals to contribute to supplier governance, contract administration, and operational efficiency within one of Africa’s leading banking institutions. Candidates who meet the qualifications and experience requirements can apply through the bank’s official recruitment channel.