Sourcing Manager

Barclays Bank Plc; Tandridge; On-site; GBP 80,000 - 100,000; Full time

Job summary

A major bank in the UK is seeking a Technology Sourcing Manager to manage third-party spend requirements, focusing on strategic sourcing and compliance. The ideal candidate will have strong negotiation and risk management skills, alongside excellent time management and communication abilities. This role involves collaboration with stakeholders to align sourcing needs with business strategy and executing sourcing events efficiently. The position offers a chance to contribute to operational effectiveness and policy development in a dynamic environment.

Qualifications

• Experience with risk management and strong negotiation skills.
• Excellent time management skills are crucial.
• Strong business communications skills are essential.

Responsibilities

• Profile spend in category area to develop understanding of business strategy.
• Collaborate with internal stakeholders to identify sourcing needs.
• Plan and execute sourcing events ensuring alignment with business requirements.
• Guide controls and compliance requirements throughout the sourcing cycle.
• Develop policies aligned to sourcing activities and relevant regulation.
• Identify change opportunities to improve sourcing processes.

Skills

Risk management

Stakeholder management

Negotiation skills

Time management

Business communications

Job description

Overview

Join us as a Technology Sourcing Manager at Barclays, 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.

Responsible Areas

We will assess key critical skills relevant for success in this role, including risk and controls, change and transformation, business acumen, strategic thinking and digital and technology as well as job‑specific technical skills.

Location

Glasgow, Manchester or Knutsford.

Key Responsibilities

• 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 business requirements for value, speed, compliance and risk.
• Monitor and guide controls and compliance requirements throughout the category and sourcing cycle, from request to contract, including regulatory engagement, controls, audits and data quality.
• Develop, implement and operate policies and procedures for sourcing activities aligned to policies, standards, relevant compliance and regulation.
• Identify and deliver change opportunities to improve effectiveness, control and efficiency of sourcing processes, including buying channel optimisation for relevant categories of spend.
• Stay informed 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.

Qualifications & Skills

• Experience with risk management, stakeholder management and strong negotiation skills.
• Excellent time management skills.
• Strong business communications skills.

Leadership Expectations (Assistant Vice President)

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions and 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, with 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 a consistently excellent standard. The four LEAD behaviours are: Listen and authenticity, Energise and inspire, Align across the enterprise, and Develop others.

For an individual contributor, 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, and identify new directions for assignments or projects through cross‑functional methodologies.

Consult on complex issues; provide advice to People Leaders to support the resolution of escalated issues and identify ways to mitigate risk.

Develop new policies/procedures in support of the control and governance agenda. Own risk and strengthen controls in relation to the work done.

Collaborate with other areas of work, keep up to speed with business activity and support business strategy. Engage in complex analysis of data from multiple sources, communicating complex information and influencing stakeholders to achieve outcomes.

Values & Mindset

All colleagues will demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, and the Barclays Mindset – Empower, Challenge and Drive – which are the operating manual for how we behave.