Category Analyst

Embark on a transformative journey as a Category Analyst at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You will harness cutting-edge technology to revolutionise our digital offerings, ensuring unparalleled customer experiences.

Required Skills

To be successful as a Category Analyst you should have experience with:

• Proven experience of leading and delivering strategic sourcing projects. Preferably within Technology but not essential.
• Ability to lead a number of highly complex RFPs and demonstrate capability to multitask and prioritise workload.
• Stakeholder management with excellent interpersonal skills both written and verbal and demonstrate a high attention to detail and urgency.
• In-depth knowledge of commercial models, approaches, and techniques.

Highly Valued Skills

• Experience of Technology Sourcing and leading complex Software Sourcing projects.
• Experience working within Financial Services.
• Experience of supporting category management development.

You may be assessed on the 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 optimise and address Barclays' 3rd 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/optimisation.

Accountabilities

• Profile spend in the 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 proposals, and ensure sourcing activities align to the bank's needs and priorities.
• Plan and execute sourcing events including RFP/RFXs, and negotiations to best meet the business requirements for value, speed, compliance, and risk.
• Monitor and guide 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 the effectiveness, control, and efficiency of sourcing processes including buying channel optimisation 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

• Advise and influence decision-making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/business divisions.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• For individual contributors, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/or projects, identifying a combination of cross-functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing 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 an understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• 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, internal and external sources 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.