Technology Sourcing Manager

Barclays Bank Plc; Chigwell; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution is seeking a Technology Sourcing Manager to optimise third-party spend and implement sourcing strategies. The role involves collaborating with stakeholders, executing sourcing events, and leading a team to enhance operational effectiveness. Ideal candidates will have experience in supplier negotiations and strategic thinking skills, with a preferred CIPS certification. This position is based in the UK.

Qualifications

• Experience in supplier negotiations and stakeholder management.
• CIPS certification preferred.
• Strong financial analysis and strategic thinking skills.

Responsibilities

• Optimise and address 3rd party spend requirements.
• Collaborate with stakeholders to develop sourcing needs.
• Plan and execute sourcing events.

Skills

Commercial acumen

Supplier negotiations

Stakeholder management

Financial analysis

CIPS certified preferred

Risk and controls

Change and transformation

Strategic thinking

Digital and technology knowledge

Job description

Technology Sourcing Manager – Barclays

Join us as a Technology Sourcing Manager at Barclays, where you will optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements. Working in close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

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.
• 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, negotiations to best meet the business requirements for value, speed, compliance and risk.
• Monitor and guide 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.
• Develop, implement and operate policies and procedures for sourcing activities aligned to the 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 to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Leadership / Expectations (Assistant Vice President)

• Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
• Collaborate closely with other functions/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, appraisal of performance relative to objectives and determination of reward outcomes.
• Demonstrate clear leadership behaviours (Listen & authentic, Energise & inspire, Align across the enterprise, Develop others). For individual contributors, lead collaborative assignments, guide team members and identify new directions for assignments.

Key Skills & Qualifications

• Commercial acumen
• Supplier negotiations
• Stakeholder management
• Financial analysis
• CIPS certified preferred
• Risk and controls, change and transformation, business acumen and strategic thinking
• Digital and technology knowledge, and job-specific technical skills

Location Options

Knutsford, Manchester, or Glasgow.

Values & Mindset

All colleagues will demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, and the Barclays Mindset of Empower, Challenge and Drive.