Technology Sourcing Manager

Technology Sourcing Manager

Manchester Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: You'll optimise Barclays' 3rd party spend and collaborate on strategic sourcing.
  • Company: Join Barclays, a leading global bank committed to innovation and excellence.
  • Benefits: Enjoy flexible working options and a vibrant corporate culture.
  • Why this job: Make an impact through strategic decision-making and collaboration in a dynamic environment.
  • Qualifications: Experience in supplier negotiations and stakeholder management is essential.
  • Other info: This role can be based in Knutsford, Manchester, or Glasgow.

The predicted salary is between 43200 - 72000 £ per year.

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.

To be successful as a Technology Sourcing Manager, you should have experience with:

  • Commercial Acumen
  • Supplier Negotiations
  • Stakeholder management

Some other highly valued skills may include:

  • Financial Analysis
  • CIPS Certified

You may be assessed on 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 Knutsford, Manchester, or Glasgow.

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

For an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, 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. 'Complex' 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 – 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.

Technology Sourcing Manager employer: Northampton Business Directory

At Barclays, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Technology Sourcing Manager based in Knutsford, Manchester, or Glasgow, you will benefit from extensive professional development opportunities, competitive remuneration, and a commitment to employee well-being. Join us to be part of a forward-thinking team that values integrity, excellence, and the empowerment of its employees.
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Contact Detail:

Northampton Business Directory Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Technology Sourcing Manager

✨Tip Number 1

Familiarise yourself with the latest trends in technology sourcing and procurement. Attend industry conferences or webinars to gain insights and network with professionals in the field, which can help you stand out during interviews.

✨Tip Number 2

Develop your negotiation skills by practising with peers or through role-playing scenarios. Being able to demonstrate strong negotiation tactics will be crucial in showcasing your ability to manage supplier relationships effectively.

✨Tip Number 3

Enhance your stakeholder management abilities by seeking opportunities to collaborate on projects. Building a track record of successful partnerships will illustrate your capability to work closely with various business divisions.

✨Tip Number 4

Stay updated on compliance and regulatory requirements relevant to sourcing. Understanding these aspects will not only prepare you for potential questions but also demonstrate your commitment to maintaining high standards in procurement practices.

We think you need these skills to ace Technology Sourcing Manager

Commercial Acumen
Supplier Negotiations
Stakeholder Management
Financial Analysis
CIPS Certification
Risk Management
Change Management
Strategic Thinking
Digital and Technology Proficiency
Data Analysis
Policy Development
Project Management
Collaboration Skills
Communication Skills
Leadership Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial acumen, supplier negotiations, and stakeholder management. Use specific examples that demonstrate your skills in these areas, as they are crucial for the Technology Sourcing Manager role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Barclays and explain how your background aligns with their needs. Mention your experience with financial analysis and any CIPS certification, as these are highly valued by the company.

Showcase Relevant Skills: When detailing your experience, focus on key skills such as risk management, strategic thinking, and digital technology. Provide concrete examples of how you've successfully applied these skills in previous roles.

Research Barclays: Familiarise yourself with Barclays' values and mindset. Incorporate these into your application to show that you align with their culture and can contribute positively to their team.

How to prepare for a job interview at Northampton Business Directory

✨Showcase Your Commercial Acumen

Be prepared to discuss your understanding of commercial principles and how they apply to sourcing. Highlight any past experiences where you successfully identified cost-saving opportunities or optimised spend categories.

✨Demonstrate Supplier Negotiation Skills

Prepare examples of successful negotiations you've led in the past. Focus on how you achieved value for your organisation while maintaining strong supplier relationships, as this is crucial for the role.

✨Emphasise Stakeholder Management Experience

Discuss your approach to collaborating with various stakeholders. Provide specific instances where you aligned sourcing strategies with business needs and how you managed differing priorities effectively.

✨Prepare for Technical Skill Assessments

Brush up on relevant technical skills such as financial analysis and risk management. Be ready to explain how these skills have helped you in previous roles, especially in relation to sourcing and compliance.

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