AVP - Sourcing

5 - 9 years

0 Lacs

Posted:17 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Join us as a VP Sourcing at Barclays, where you will lead the evolution of the digital landscape and drive innovation and excellence. You will utilize cutting-edge technology to enhance our digital offerings and ensure exceptional customer experiences. Your primary responsibility as an International Sourcing Manager will involve collaborating with colleagues in Europe to provide local language support for non-English contracts, initially managing 2 contracted resources in this area. To excel in this role, you should have experience in sourcing management, category management, procurement, business and commercial acumen, stakeholder management, and leadership in people management. Your focus will be on optimizing Barclays" third-party spend requirements related to suppliers and contracts with non-English capabilities, working closely with the business to execute new contracts, provide remediation, and support Managed Service Provider (MSP) activities. Key Responsibilities: Sourcing: - Manage end-to-end sourcing projects in technology and non-technology sectors while ensuring compliance with sourcing policies and legal requirements. - Oversee project execution, prepare and share reports with stakeholders, and identify key themes for successful project delivery. Regulatory Remediation: - Incorporate regulatory terms into contracts for activities such as DORA OCIR, Data Transfer Agreements, Data Privacy, and country-specific conditions. - Monitor project execution, share reports with stakeholders, and identify key themes for successful delivery within regulatory timelines. SCO Contract Work: - Contribute to contract remediation for Barclays" third-party Supplier Control Obligations. - Negotiate contract schedules with third-party vendors to manage engagement risks and provide support to stakeholders in sourcing, supplier management, and business areas. - Demonstrate process understanding to identify improvement opportunities and ensure compliance throughout the sourcing cycle. Desirable Skillsets: - Experience in working with core or operational sourcing teams. - Contractual review and redlining experience in a banking environment. Location: Noida You will be evaluated based on your experience in procurement functions and job-specific skill sets essential for success in this role. Purpose of the Role: To optimize Barclays" third-party spend requirements by defining, developing, and implementing approaches for relevant spend categories in collaboration with the business, executing strategic sourcing, and developing buying channels. Accountabilities: - Profile spend in category areas and align sourcing activities with business needs and priorities. - Plan and execute sourcing events, negotiations, and ensure compliance and risk management. - Develop and implement sourcing policies aligned with standards and regulations. - Identify and implement opportunities to improve sourcing processes and buying channel optimization. - Stay informed about industry trends related to sourcing and category management. Assistant Vice President Expectations: - Advise and influence decision-making, contribute to policy development, and ensure operational effectiveness. - Lead a team, set objectives, coach employees, and assess performance. - Demonstrate leadership behaviours to create an environment for colleagues to excel. - Collaborate with other functions and business divisions to achieve objectives. - Consult on complex issues, mitigate risks, and strengthen controls. - Analyze complex data, communicate effectively, and influence stakeholders. All colleagues are expected to demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, and embody the Barclays Mindset to Empower, Challenge, and Drive.,

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Barclays logo
Barclays

Financial Services

London

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