Specialist: Service Level Agreements and SRM
Salary
Not disclosed
Job Type
full time
Posted
about 4 hours ago
Closing date
6 Aug 2026
Job Description
To lead, plan, manage and optimise the implementation of strategic contractual, supplier relationship, and service level management activities across high-value and business-critical Digital engagements. The role is accountable for ensuring that Digital contracts and supplier partnerships deliver measurable commercial value, mitigate risk, and support Absa’s strategic objectives, while maintaining strong governance and regulatory compliance.
Key Responsibilities
- Ensure that contracts are proactively managed and renewed ahead of expiry, particularly for large-scale, flagship, complex and high-value contracts exceeding R100m.
- Engage executives and business stakeholders to define requirements and drive sourcing strategies.
- Lead the structuring, and negotiation of complex contractual agreements, ensuring optimal commercial outcomes while mitigating legal, procurement, operational and regulatory risks.
- Collaborate closely with Legal and Procurement to structure multi-year, multi-vendor and strategic agreements.
- Drive contract optimisation through re-negotiations, benchmarking, and continuous commercial improvement.
- Manage supplier terminations and exit strategies for critical vendors, ensuring minimal disruption to business operations.
- Own and manage strategic and flagship supplier relationships, ensuring alignment to Absa’s commercial, operational and risk objectives.
- Design and implement robust SRM frameworks, including governance structures, exit strategies, performance scorecards, and engagement models.
- Lead executive-level supplier engagements, including Quarterly Business Reviews (QBRs) and service review meetings.
- Ensure comprehensive supplier lifecycle management, including due diligence, onboarding, ongoing assurance, and exit planning.
- Engage and influence a wide range of complex relationship management of stakeholders, including senior leadership and executive stakeholders.
Requirements
- NQF Level 6 qualification in Commerce/Legal or equivalent (essential)
- Postgraduate qualifications/advanced diplomas (advantageous)
- 5–10 years’ experience in Contract Management, SLA Management, and Supplier Relationship Management
- 5+ years’ experience in report writing and supplier performance management
- Proven experience managing high value (R100m+), flagship, complex and customer facing contracts
- Demonstrated experience managing strategic / flagship suppliers / partners at enterprise level
- Strong experience in commercial negotiations and contract structuring
- Experience in highly regulated environments (Financial Services preferred)
- Advanced Contract Drafting and Negotiation
- Strong Problem Solving and Analytical Skills
About the employer
Absa
Absa is a hiring organisation operating in Johannesburg within the banking sector. They are currently recruiting for the Specialist: Service Level Agreements and SRM role advertised on this page. Visit the official application link for more about the company, its culture and the team you would be joining.
Interested in this role at Absa?
JobVault never charges job seekers to apply.
More Banking jobs
See all →- View →
Tax Risk and Employment Tax Specialist
Absa · Sandton
- View →
Regional Manager: Life (FAIS)
Absa · Johannesburg
- View →
Relationship Executive: Commercial Growth
Absa · Sandton
- View →
Head: PPB Credit Strategy & Portfolio
Absa · Johannesburg
- View →
Senior Manager - Customer Lifecycle Management
Absa · Sandton
- View →
Business Banking Sector Head Professional Services Portfolio
Absa · Sandton
Get ready for your application
Free career guides written for South African job seekers.
