Global Category Manager

Global Category Manager – Corporate Services Investment Banking (Top Tier Bank)Contract: 6 months (+ extensions)Location: London, UKFlexi: once a week onsiteRate: £500/day PAYE (equiv. to £700/day Umbrella)JOB SCOPESupply Chain Management (SCM) is responsible for the overall commercial management of how the Bank engages and spends money with its external third-party vendors. To meet increasing business and efficiency, the SCM team is looking for a candidate with strong experience in sourcing / procurement and the gravitas to engage stakeholders within the business function to support key priorities. The successful candidate will be responsible for influencing and executing sourcing activities in collaboration with various business function and related support teams and must be able to demonstrate excellence in negotiating favourable commercial outcomes.Sitting within the SCM Team, the Global Category Manager – is responsible for the overall pro-active stakeholder and commercial management of assigned areas. Exposure to any corporate services is welcomed.ResponsibilitiesStrategyLiaise with the business functions leads to produce a needs assessment that is aligned to their business plansFeeds into the category management strategy that focuses on supplier cost reduction, alignment to sustainability aspirations, through needs assessments, consolidation and expense / demand managementPerforms the role within the operating modelExecute sourcing strategies to ensure continuity of cost-effectiveness and quality of supplyCollaborate with country teams to align preferred channels and suppliersBusinessCreates and builds function level senior management stakeholder relationships, influences on the ground decision making to ensure that sourcing is managed in compliance with StandardsMaintains engagement level stakeholder relationships to advise and guide the stakeholder through the Sourcing processGuides Business Stakeholders through the procurement decision-making process.Ensure the intrinsic business value of the SCM category management framework is communicated and understood by the business.Provides guidance on SCM process, systems, policy and procedureAssist stakeholders in achieving their strategic objectives through careful sourcing of relevant suppliers to fulfil their needsCommercials and contractingInfluences the buy decisionsLead complex deal negotiation including fees at risk modelsManages complex competitive sourcing tender with high deal value without supervisionProactively looks for opportunities to create value in the organisation, leveraging cost optimisationCarry out effective negotiations and contracting which contribute to sustainable commercial advantages for the business and best in class commercial termsInfluences the internal and third party decisioning regarding contracts completion, plays a lead role in brokering the parties to reach complete the agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements.Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completionProject ManagementIdentifies and mitigates risks that would impact the overall project success/failure.Ensures projects are prioritized and delivered against agreed timelinesSupports, leads and executes sourcing initiatives.Cross Functional EngagementWork in a highly effective Supply Chain Management (SCM) team that will deliver commercial agreements that exceed stakeholder and client expectation.Keeps open channels of communication to ensure high level of engagementContribute to process improvement initiativesQualificationsAcademic or Professional Education/Qualifications; Educated at undergraduate levelLicenses and Certifications/accreditations; CIPS or similarProfessional Memberships; CIPS or similarExperienceAt least 6 years’ working experience in strategic sourcing procurement in Corporate Services categories (including HR, Travel, Business Process Outsourcing, Professional Services, Consulting) and project management.Previous experience of working within the Financial Services is an advantageRelevant experience in stakeholder management (i.e. practices, leadership, effectiveness).Specialized knowledge or skills requiredAble to use ERP systems such as SAP, Ariba and Microsoft Office Excel.Good working knowledge of contracts & familiar with legal agreementsAdvanced commercial knowledge in procurement and project management.Advanced business management skills including stakeholder management, commercial judgment and process improvement.Thank you for considering us!