World Bank

Procurement Specialist (Governance & Vendor Management)

World Bank

Job Description

  Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org The World Bank, the leading multilateral organization in global economic development, requires a senior professional for its Corporate Procurement Unit (SPACP). SPACP provides various procurement services to the World Bank Group (WBG) in support of the organizational procurement needs. The Manager, Governance & Vendor Risk Management position involves supervision and program leadership for staff supporting the functions of Governance and Vendor Risk Management in the Governance and Sustainability Management team. Governance responsibilities include development of procurement policies and procedures; guidance and governance of technical policy references; communications and change management of policy enhancements; and compliance to requirements. Vendor Risk Management responsibilities include ongoing implementation and review/update of the WBG Vendor Risk Management (VRM) framework, in collaboration with key stakeholders (Risk Partners), to effectively manage vendor risk in accordance with internal policy requirements. In addition, this position will provide support to the business units, Category Management teams, Risk Partners, and other stakeholders to understand and comply with Procurement processes including vendor responsibility policies. Roles & Responsibility: • Oversee policies and procedures to meet the procurement governance needs and priorities, enhance the efficiency in procurement processes, incorporate commerciality, sustainability and risk management processes and an independent verification and validation process into the Corporate Procurement legal framework. • Advise and design strategies to measure non-compliance with Corporate Procurement policies and procedures including vendor eligibility policies, conflicts of interest restrictions and codes of conduct. • Work with business units, Category Management teams and other stakeholders (e.g. Risk Partners) to continuously improve and monitor vendor risk across the organization, identify new areas of potential exposure, align vendor risk management strategies with the evolving goals and objectives of the World Bank Group, and execute programs ensuring consistency and effectiveness. • Design and preparation of strategic reports to demonstrate progress in Vendor Risk Management and Governance programs. • Design and development of tools and workflow processes to assist business units and Category Management teams’ efforts to manage risks in WBG. • Identify potential issues and limitations of the WBG Vendor Risk Management framework. • Implementation to date; offer proactive and reasonable solutions and assist with compliance efforts. • Serve as the subject matter expert in interpreting requirements and improve awareness of risks related to vendor reliance/failure/poor performance and work with business units, Category Management teams and other stakeholders to mitigate the impact these risks. • Secretariat responsibilities and quality control of documents to support Corporate Procurement governance bodies for Procurement, including backup support of Procurement Committee reviews and management of Independent Verification and Validation activities. • Support development and execution of a robust communication and training plan to facilitate the effective application and awareness of Governance and VRM strategies. • Partner with Business Units & internal support functions to ensure that all risk assessment and mitigation requirements have been met; risk is monitored & mitigated throughout contract award and administration. • Collaborate with the business to develop disaster recovery and business continuity plans for high risk high exposure vendor relationships. • Advise on SPACP vendor risk issues and compliance problems that have not been adequately addressed; offer reasonable solutions and assist them with efforts to come into compliance. • Stay informed about the latest developments in the vendor risk management field. • Supervision and program leadership for staff supporting the functions of Governance and Vendor Risk Management. • Perform any other job-related instructions, as requested, with reasonable accommodation. Selection Criteria • Master’s degree in business, law or related field or equivalent years of experience is required • Minimum of 8+ years related work experience in policy drafting and governance, vendor management or vendor risk management is required in an International environment • Comprehensive knowledge of procurement concepts and methodologies • Knowledge of the banking industry • Understanding of governance structures used to manage vendor risk programs and vendor mitigation and oversight • Ability to influence change in corporate understanding and adoption of governance and vendor management concepts and interface with upper-level management • Proficiency in supervision and program leadership General Competencies: • Advanced computer skills including Microsoft Office suite and other business-related software systems • Ability to deliver results through various complex projects and processes to completion • Excellent English writing and communication skills; able to translate technical concepts into layperson’s terms • Proven solid analytical, multi-tasking and problem-solving skills • Able to deal with ambiguity - integrate, prioritize and roll out programs without clearly defined guidelines Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
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