Technology Sourcing Manager

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

Job summary

A leading financial institution is seeking a Technology Sourcing Manager to optimize third-party spend and implement strategic sourcing initiatives. The role involves collaboration with internal stakeholders, managing sourcing events, and ensuring compliance with policies and regulations. Candidates should possess strong commercial acumen and negotiation skills, alongside relevant qualifications. This position offers the chance to drive change and efficiency in sourcing activities while working in an environment committed to values of respect and integrity.

Qualifications

• Strong understanding of business strategy and requirements.
• Experience in supplier negotiations and stakeholder management.
• Ability to conduct financial analysis.

Responsibilities

• Profile spend and develop understanding of business strategy.
• Collaborate to identify sourcing needs and align activities.
• Plan and execute sourcing events, ensuring compliance and value.
• Monitor controls and compliance from request to contract.
• Identify and deliver change opportunities in sourcing processes.

Skills

Commercial Acumen

Supplier Negotiations

Stakeholder management

Financial Analysis

Education

CIPS Certified

Job description

Job Overview

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.

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

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 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, 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 (catalogues, demand challenge etc.).
• Identify 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 & Experience

• Commercial Acumen
• Supplier Negotiations
• Stakeholder management
• Financial Analysis
• CIPS Certified

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job‑specific technical skills.

Leadership Behaviours (if applicable)

For roles with leadership responsibilities, People Leaders are expected to demonstrate a set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are:

• L – Listen and be authentic
• E – Energise and inspire
• A – Align across the enterprise
• D – Develop others

Individual Contributor Expectations

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.

Key Competencies

Consult on complex issues; providing advice to People Leaders to support the 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 in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub‑function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

Communication & Values

Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc) to solve problems creatively and effectively. Communicate complex information. Influence or convince stakeholders to achieve outcomes. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.