Purpose of the role
To optimise and address Barclays' third-party spend requirements, including defining, developing, and implementing approaches for relevant spend categories in close collaboration with the business, and executing strategic sourcing and channel development/optimisation.
Accountabilities
- Profile spend in the category area, understand business strategy, requirements, cost levers, and opportunities. Collaborate with stakeholders to identify sourcing needs, develop RFPs, and ensure sourcing aligns with the bank's priorities.
- Plan and execute sourcing events, including RFPs/RFXs, and negotiate to meet business needs for value, speed, compliance, and risk management.
- Monitor controls and compliance throughout the sourcing cycle, including regulatory engagement, audits, and data quality.
- Develop, implement, and operate policies and procedures for sourcing activities that align with policies, standards, and regulations.
- Identify and deliver opportunities to improve sourcing effectiveness, control, and efficiency, including channel optimisation.
- Stay informed on industry trends related to sourcing and category management through conferences, training, and market research.
Assistant Vice President Expectations
- Advise, influence decision-making, contribute to policy development, and collaborate across functions.
- Lead a team performing complex tasks, set objectives, coach, and appraise performance.
- Demonstrate leadership behaviours: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.
- For individual contributors, lead collaborative assignments, guide team members, and identify new directions for projects.
- Consult on complex issues, provide advice to support resolution.
- Identify risk mitigation strategies and develop policies to support control and governance.
- Manage risk and strengthen controls related to work performed.
- Coordinate with other areas to achieve organizational objectives.
- Engage in complex data analysis from multiple sources to solve problems creatively and effectively.
- Communicate complex or sensitive information effectively.
- Influence stakeholders to achieve desired outcomes.
All colleagues are expected to embody Barclays' Values: Respect, Integrity, Service, Excellence, and Stewardship, and demonstrate the Barclays Mindset: Empower, Challenge, and Drive.