At a Glance
- Tasks: Lead strategic sourcing 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: Make an impact by driving efficiency and collaboration in a dynamic environment.
- Qualifications: Experience in supplier negotiations and stakeholder management is essential.
- Other info: Positions available 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 roleTo 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.AccountabilitiesProfile 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 ExpectationsTo 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 outcomesIf 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.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. \’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: JobGet
Contact Detail:
JobGet 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
Build a solid understanding of financial analysis as it relates to sourcing decisions. Familiarity with cost levers and how they impact business strategy will be beneficial when discussing your approach to optimising spend.
✨Tip Number 4
Engage with current employees or alumni from Barclays to gain insights into the company culture and expectations for the Technology Sourcing Manager role. This can provide you with valuable information to tailor your discussions during the interview process.
We think you need these skills to ace Technology Sourcing Manager
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 understanding of Barclays' needs regarding third-party spend optimisation. Mention how your background aligns with their requirements and how you can contribute to their strategic sourcing initiatives.
Showcase Relevant Skills: Emphasise any experience you have with financial analysis and CIPS certification. These skills are highly valued for this position, so make sure to include them prominently in your application.
Demonstrate Leadership Qualities: If applicable, provide examples of how you've led teams or projects in the past. Highlight your ability to coach others and drive results, as leadership is an important aspect of the role at Barclays.
How to prepare for a job interview at JobGet
✨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 will be crucial for the role.
✨Highlight Stakeholder Management Experience
Think of instances where you've collaborated with various stakeholders to meet business needs. Be ready to explain how you navigated differing priorities and built consensus among teams.
✨Understand Risk and Compliance
Familiarise yourself with risk management and compliance requirements relevant to sourcing. Be ready to discuss how you've ensured adherence to policies and regulations in previous roles, as this is a key aspect of the position.