Sourcing Manager - Capital Projects

Barclays Bank Plc; Borehamwood; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A global financial institution is seeking a Sourcing Manager to optimize its third-party spend requirements. The role involves developing and implementing strategies, collaborating with business units, and leading sourcing events to drive efficiency and compliance. The ideal candidate will have strong negotiation skills, multitasking abilities, and preferably experience in construction. This position offers a dynamic work environment with opportunities for leadership and strategic influence.

Qualifications

• Experience in stakeholder management and negotiations.
• Ability to handle multiple projects effectively.
• Background in construction is preferred.

Responsibilities

• Define and implement sourcing strategies to optimize spend.
• Collaborate with stakeholders to identify sourcing needs.
• Plan and execute sourcing events to meet business requirements.
• Monitor controls and compliance throughout the sourcing cycle.
• Identify and deliver change opportunities in sourcing processes.

Skills

Stakeholder Management

Strong Negotiation Skills

Ability to multitask & manage multiple projects

Resilience

Background within construction

Risk and controls

Change and transformation

Business acumen

Strategic thinking

Digital & technology skills

Job description

Job Overview

Join us as a Sourcing Manager – Capital Projects at Barclays to optimise and address Barclays’ third‑party spend requirements. This role involves defining, developing and implementing strategies for relevant spend categories, collaborating closely with the business, and executing strategic sourcing and buying channel optimisation.

Key Skills and Experience

• Stakeholder Management
• Strong Negotiation Skills
• Ability to multitask & manage multiple projects
• Resilience (highly valued)
• Background within construction (preferred)
• Risk and controls, change and transformation, business acumen, strategic thinking, digital & technology, job‑specific technical skills

Location

This role can be based out of Glasgow, Northampton or Knutsford.

Responsibilities

Profile spend in the category area and develop an understanding of business strategy, requirements, cost levers, and opportunities.

Collaborate with internal stakeholders to identify sourcing needs, develop requests for proposal, and ensure sourcing activities align to the bank’s needs and priorities.

Plan and execute sourcing events including RFP/RFXs and negotiations to meet business requirements for value, speed, compliance, and risk.

Monitor and guide controls and compliance requirements throughout the category and sourcing cycle, including regulatory engagement, controls, audits, and data quality.

Develop, implement, and operate policies and procedures for sourcing activities aligned with 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.

Identify industry trends and develop related knowledge by attending conferences, participating in training, and conducting market research on techniques and tools.

Expectations

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 professional knowledge and skills to deliver on work that impacts the whole business function.

Set objectives, coach employees, appraise performance relative to objectives, and determine reward outcomes.

For leaders: demonstrate clear leadership behaviours – Listen, Energise, Align, Develop – to create an environment for colleagues to thrive and deliver consistently excellent standards.

For individual contributors: lead collaborative assignments, guide team members through structured assignments, and identify the need for additional expertise to complete assignments.

Consult on complex issues; provide advice to People Leaders to support 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 related to work done.

Collaborate with other areas to keep up to speed with business activity and strategy.

Engage in complex analysis of data from multiple sources to solve problems creatively and effectively.

Communicate complex information, influencing or convincing stakeholders to achieve outcomes.

All colleagues will demonstrate Barclays values – respect, integrity, service, excellence and stewardship – and the Barclays mindset – empower, challenge and drive.