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 fosters collaboration.
- Qualifications: Experience in sourcing management, stakeholder engagement, and negotiation skills required.
- Other info: Positions available in Knutsford, Manchester, Northampton, or Glasgow.
The predicted salary is between 43200 - 72000 £ per year.
Join us as a HR & Professional Services 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. You will work in close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.
To be successful as a Sourcing Manager, you should have experience with:
- Sourcing Management/Category Management/Procurement Experience
- Business and commercial acumen
- Stakeholder management
Some other highly valued skills may include:
- Negotiation and Contracts experience
- Working with Vendor Management Systems/Regulated Industry Experience
- CIPS Certified or working towards CIPs or similar
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, Northampton 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, 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. '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.
HR & Professional Services Sourcing Manager employer: Confidential
Contact Detail:
Confidential Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land HR & Professional Services Sourcing Manager
✨Tip Number 1
Familiarise yourself with the latest trends in sourcing and procurement. Attend industry conferences or webinars to gain insights and network with professionals in the field. This will not only enhance your knowledge but also demonstrate your commitment to staying updated, which is highly valued by employers like Barclays.
✨Tip Number 2
Develop your negotiation skills through practice and training. Consider role-playing scenarios with friends or colleagues to simulate real-life negotiations. Being able to showcase strong negotiation abilities during interviews can set you apart from other candidates.
✨Tip Number 3
Build a solid understanding of stakeholder management. Engage with professionals in your network who have experience in this area and ask for their insights. Demonstrating your ability to manage relationships effectively will be crucial in a role that requires collaboration across various business divisions.
✨Tip Number 4
If you're working towards CIPS certification, make sure to highlight this in conversations and networking opportunities. Discussing your progress and how it relates to the role can show your dedication to professional development and align with Barclays' expectations for continuous improvement.
We think you need these skills to ace HR & Professional Services Sourcing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sourcing management, category management, and procurement. Use specific examples that demonstrate your business acumen and stakeholder management skills.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the HR & Professional Services Sourcing Manager role at Barclays. Mention how your skills align with their requirements, particularly in negotiation, vendor management, and compliance.
Showcase Relevant Skills: Emphasise your experience with risk management, strategic thinking, and digital technology in your application. Provide concrete examples of how you've successfully implemented these skills in previous roles.
Research Barclays: Familiarise yourself with Barclays' values and mindset. Reflect these in your application by demonstrating how you embody respect, integrity, service, excellence, and stewardship in your professional conduct.
How to prepare for a job interview at Confidential
✨Showcase Your Sourcing Expertise
Be prepared to discuss your previous experience in sourcing management and category management. Highlight specific examples where you've successfully optimised spend or improved procurement processes, as this will demonstrate your capability for the role.
✨Demonstrate Stakeholder Management Skills
Since collaboration with internal stakeholders is crucial, come equipped with examples of how you've effectively managed relationships in past roles. Discuss how you identified needs and aligned sourcing activities with business priorities.
✨Prepare for Negotiation Scenarios
Expect to be assessed on your negotiation skills. Prepare to discuss past negotiations you've led, focusing on the strategies you employed and the outcomes achieved. This will show your ability to deliver value while managing compliance and risk.
✨Understand Industry Trends
Stay updated on current trends in sourcing and category management. Be ready to discuss how these trends could impact Barclays and suggest innovative approaches that could enhance their sourcing strategies.