At a Glance
- Tasks: Lead sourcing strategies and optimise third-party spend for Barclays.
- Company: Join Barclays, a leading global bank committed to innovation and excellence.
- Benefits: Enjoy flexible working options, competitive salary, and professional development opportunities.
- Why this job: Be part of a dynamic team that drives impactful change and enhances business efficiency.
- Qualifications: Experience in stakeholder management, negotiation, and strategic thinking is essential.
- Other info: Positions available in Glasgow, Northampton, or Knutsford.
The predicted salary is between 43200 - 72000 Β£ per year.
About
Join us as an Assistant Vice President Sourcing Manager at Barclays, where you will optimise and address Barclays 3rd party spend requirements, including thedefinition, development and implementation of approaches for relevant spendcategories and requirements with close collaboration within the business andexecution of strategic sourcing and buying channel development/optimisation.To be successful as an Assistant Vice President Sourcing Manager you shouldhave experience with:
- Stakeholder Management.
- Commercial Knowledge.
- Negations and Influence skills.
Some other highly valued skills may include:
- Resilience.
- Self-starter.
- Ability to work on multiple projects at once.
- Good time management skills.
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.This role can be based out of Glasgow, Northampton or Knutsford.
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. Collaboration with internal stakeholders to identify sourcing needs, develop requests for proposal and ensure sourcing activities align to the banks needs and priorities.
- Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
- Monitoring and guiding of controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality etcβ¦.
- Development, implementation and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance and regulation.
- Identification and delivery of change opportunities to improve effectiveness, control and efficiency of sourcing processes including buying channel optimisation for relevant categories of spend (catalogues, demand challenge etc.).
- Identification 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.
Assistant Vice President Expectations
- To 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
- 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 to a consistently excellent standard. The four LEAD behaviours are: L β Listen and be authentic, E β Energise and inspire, A β Align across the enterprise, D β Develop others.
- OR 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. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and developing 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.
- 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. \βComplex\β information could include sensitive information or information that is difficult to communicate because of its content or its audience.
- Influence or convince stakeholders to achieve outcomes.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship β our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset β to Empower, Challenge and Drive β the operating manual for how we behave.
Nice-to-have skills
- Stakeholder Management Time Management Data Quality Market Research Leadership Coaching
- Northampton, England
Work experience
- General Management
Languages
- English
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Contact Detail:
TieTalent Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Sourcing Manager
β¨Tip Number 1
Familiarise yourself with Barclays' values and mindset. Understanding their core principles of Respect, Integrity, Service, Excellence, and Stewardship will help you align your approach during interviews and discussions, showcasing that you're a good cultural fit.
β¨Tip Number 2
Network with current or former employees in similar roles. Engaging with them can provide insights into the specific challenges and expectations of the Sourcing Manager position, which can be invaluable when discussing your experience and skills.
β¨Tip Number 3
Prepare to discuss your negotiation and influence skills in detail. Think of specific examples where you've successfully navigated complex negotiations or influenced stakeholders, as these are key competencies for the role.
β¨Tip Number 4
Stay updated on industry trends related to sourcing and category management. Being knowledgeable about recent developments can help you demonstrate your proactive approach and strategic thinking during conversations with the hiring team.
We think you need these skills to ace Sourcing Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in sourcing, stakeholder management, and negotiation. Use specific examples that demonstrate your ability to optimise spend and manage multiple projects.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Barclays. Discuss how your skills align with their needs, particularly in strategic sourcing and compliance. Mention any relevant industry trends you are aware of.
Showcase Leadership Skills: Since the role involves leading a team, emphasise your leadership experiences. Provide examples of how you've inspired and developed others, and how you've contributed to policy development or operational effectiveness.
Prepare for Key Skills Assessment: Be ready to discuss your experience with risk management, change transformation, and strategic thinking. Prepare examples that showcase your commercial knowledge and ability to influence stakeholders effectively.
How to prepare for a job interview at TieTalent
β¨Showcase Your Stakeholder Management Skills
Be prepared to discuss your experience in managing stakeholders effectively. Share specific examples of how you've collaborated with different teams to meet sourcing needs and align with business priorities.
β¨Demonstrate Your Negotiation Prowess
Expect questions that assess your negotiation skills. Prepare to share instances where you successfully negotiated terms that benefited both your organisation and the supplier, highlighting your ability to influence outcomes.
β¨Highlight Your Commercial Knowledge
Familiarise yourself with current trends in sourcing and category management. Be ready to discuss how these trends can impact Barclays' third-party spend and how you can leverage them to optimise costs.
β¨Exhibit Your Time Management Abilities
Given the need to manage multiple projects simultaneously, be prepared to explain how you prioritise tasks and manage your time effectively. Use examples from past experiences to illustrate your approach.