Sourcing Manager

Manchester, United Kingdom

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Date live: 11/10/2022

Business Area: COO & Functions

Area of Expertise: Sourcing/Procurement

Reference Code: 90278039

Contract: Permanent/Regular

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Barclays Overview
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

For further information about Barclays, please visit our website www.barclays.com.

Barclays offers investment banking products and services in the US through Barclays Capital Inc.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Our dynamic working programme has been set up to help Barclays colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbies.

Barclays Values and Diversity
Our common purpose is to help people achieve their ambitions – in the right way. We’ll measure and reward our people, not just on commercial results, but on how they live our Values of Respect, Integrity, Service, Excellence and Stewardship and bring them to life every day. To find out more about working at Barclays and the development opportunities we offer please visit our website www.barclays.com

We are an equal opportunity employer and we are opposed to discrimination on any grounds.

Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

Overall Purpose of the Role
As a Sourcing Manager you will focus primarily on executing deals for the technology, predominantly within the Applications and Services categories. Providing category knowledge to manage commercial negotiations with third parties, liaise with key business users across Barclays to ensure favourable commercial terms which mitigate business risk. Focusing on the management of key stakeholders and to execute deals according to policy and agreed timelines. Support the development of a strategy to address the execution of each type of deal activity in a lean and the most optimal way for the firm. There is a genuine global dimension to the remit as well as substantial autonomy and responsibility. You will be interacting at senior level both internally and externally across Barclays business units globally and must possess relevant interpersonal skills.

Main duties and responsibilities
• You will be part of a team responsible for the delivery of deals primarily for Group Technology with third parties
• Working with internal and external stakeholders to agree strategy that will optimise supplier costs whilst enabling the business to maintain appropriate service levels and minimise risk
• Leading commercial negotiations with relevant suppliers to ensure Barclays receive best value for money and associated cost savings
• Providing support to junior members of the sourcing team, to develop issue and manage RFIs and RFPs as appropriate to find the best sourcing solution that meets business and commercial requirements
• Ensuring that robust ongoing SLA’s are in place with our suppliers and that contracts are successfully handed over to supplier managers within Barclays and Management of key high value projects through internal governance and controls to completion
• Executing all projects in accordance with policy and evidenced by management assurance testing results
• Maintaining all data and documentation as required with high degree of accuracy as evidenced by data quality tool reporting

Basic Qualifications
• Extensive experience of leading sourcing projects within a complex environment, including development of category plans for creating pipeline of opportunities
• Good level of understanding of commercial law
• Ability to lead Simple/Medium complexity RFPs through to and including negotiation of complex contracts
• Stakeholder management – liaising at Director level therefore able to demonstrate excellent interpersonal skills both written and verbal

Preferred Qualifications
• Proven experience of leading sourcing projects within the technology category
• Knowledge of the procurement of software applications and hosting services
• CIPS / Degree
• Experience working within Financial Services / large complex organisations

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better service our customers’ and clients’ needs.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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