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Director, Sourcing Manager

BNY Mellon

City Of London

Hybrid

GBP 90,000 - 120,000

Full time

Today

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Job summary

A leading global financial services company is seeking a Lead, Category and Commodity Sourcing Director in London, UK. This hybrid role involves leading sourcing strategies and negotiation outcomes while managing a team of sourcing leads. Ideal candidates will have a bachelor's degree, extensive procurement knowledge, and strong leadership skills. Competitive compensation and generous benefits are offered.

Benefits

Generous paid leaves

Wellbeing programs

Flexible global resources

Qualifications

Experience managing large, complex projects
Extensive knowledge of procurement and sourcing processes
Proven track record in negotiating successful results

Responsibilities

Lead a team responsible for category and commodity sourcing
Develop and manage global sourcing strategy
Approve commodity savings metrics and cost reduction recommendations
Maximize contributions and professional growth of sourcing category leads

Skills

Project management

Negotiation skills

Leadership

Education

Bachelor's degree or equivalent

Advanced degree preferred

Overview

LEAD, CATEGORY AND COMMODITY SOURCING DIRECTOR

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Lead, Category and Commodity Sourcing Director to join our Procurement team. This role is located in London, UK and will be working in a hybrid capacity.

Responsibilities

Lead a team of category and commodity sourcing leads responsible for all needs specific to category and commodity sourcing, including indirect leadership through more junior managers.
Contribute to the development and oversee the implementation of the global sourcing strategy, serving as the primary contact responsible for negotiation outcomes across all categories and commodities.
Work closely with the Chief Procurement Officer to develop and manage global sourcing activities, taking ownership of global sourcing performance and ensuring alignment with regional and global sourcing strategies.
Approve commodity savings metrics, supplier consolidation, and cost reduction recommendations; lead research on industry trends, emerging markets, suppliers, and sourcing methodologies to inform supplier selection.
Recruit, direct, motivate, and develop sourcing category leads, maximizing their contributions, professional growth, and leadership capabilities; manage performance processes for category sourcing managers.

Qualifications

Bachelor’s degree or equivalent combination of education and work experience required; business degree preferred; advanced degree preferred.
Demonstrated experience managing and leading large, complex projects with extensive knowledge of procurement and sourcing processes and practices preferred.
Proven track record of negotiating successful results and managing spend preferred.