Step into your new role as a Global Sourcing Manager with Barclays. You will lead Sourcing activities for one or more expense sub-categories of spend within Technology, manage a portfolio of sourcing projects, including selecting and onboarding innovative technology solutions within our bank, and collaborate with stakeholders and peers from around the world, specifically in UK and India. This is an amazing opportunity to interact with cross-functional senior stakeholders in Barclays Businesses, Technology, Finance and Procurement and show yourself as a trusted business partner and advisor.
To be successful as a Global Sourcing Manager, you should have experience with:
• 7-10 years’ experience in a senior level role
• 5+ years’ experience in relevant Sourcing role
• Experience with Sourcing technology (sourcing enterprise software, infrastructure, hardware, networks, and professional services)
• Multinational banking and/or highly regulated industry experience
• Expense reduction programs
• Large scale contract experience
Other highly valued skills include:
• Consultant for major firm a plus
• Experience within Technology Sourcing leading complex Software Sourcing projects including hosted SaaS solutions
• Experience 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.
This role is based in Whippany, NJ
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 category area and develop understanding of business strategy, business requirements, cost levers and opportunities. Collaboration with internal stakeholders to identify sourcing needs, develop requests for proposal and ensure sourcing activities align to the banks needs and priorities.
- Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
- Monitoring and guiding of 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….
- Development, implementation and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance and regulation.
- Identification and delivery of change opportunities to improve effectiveness, control and efficiency of sourcing processes including buying channel optimisation for relevant categories of spend (catalogues, demand challenge etc.).
- Identification of industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.
Vice President Expectations
- Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
- Manage and mitigate risks through assessment, in support of the control and governance agenda.
- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
- Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
- Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
- Adopt and include the outcomes of extensive research in problem solving processes.
- Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.
