Sourcing Manager

Join us as a Sourcing Manager at Barclays, to optimize and address Barclays' third-party spend requirements. This includes the definition, development, and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimization.

Key Experience Required

• Sourcing/Category Management
• Contract Negotiations
• Stakeholder Management

Some other highly valued skills include:

• Attention to detail

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology, as well as job-specific technical skills.

Purpose of the Role

To optimize and address Barclays' third-party spend requirements, including the definition, development, and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimization.

Accountabilities

• Profile spend in category area and develop understanding of business strategy, business requirements, cost levers, and opportunities. Collaborate with internal stakeholders to identify sourcing needs, develop requests for proposal, and ensure sourcing activities align with the bank's needs and priorities.
• Plan and execute sourcing events, including RFP/RFXs, negotiations to best meet the business requirements for value, speed, compliance, and risk.
• Monitor and guide controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality, etc.
• Develop, implement, and operate policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance, and regulation.
• Identify and deliver change opportunities to improve effectiveness, control, and efficiency of sourcing processes, including buying channel optimization for relevant categories of spend (catalogues, demand challenge etc.).
• Identify industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Assistant Vice President Expectations

• Consult on complex issues; provide advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the organization's sub-function objectives.
• Collaborate with other areas of work, for business-aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, both internal and external, such as procedures and practices (in other areas, teams, companies, etc.) to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge, and Drive – the operating manual for how we behave.