Assistant Manager - Sourcing

Job Title : Assistant Manager - Sourcing
Location: Noida

About Barclays
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.

Risk and Control Objective

Take ownership for managing risk and strengthening controls in relation to the work you do

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment 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. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

Hybrid Working

Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Introduction:

The role holder will manage end to end Sourcing events including RFX, commercial negotiations with suppliers and partners as appropriate with the legal and finance support teams. It requires working with Category leads and stakeholders up to MD level to execute the category strategies & drive value. This role is for an individual with strong leadership skills as well as Sourcing and category expertise in software space.

What will you be doing?

• Responsible for executing the Sourcing deals which are within a certain threshold limit.
• Working with Sourcing POD Leads and Business in allocating the Sourcing Deals once approved by business
• Responsible for key process activities across the sourcing team ensuring adherence to all control, risk and governance processes, and also for the creation and management of reporting across the sourcing team.
• Develop a thorough understanding of Barclays procurement structure, policies and procedures, and ensure Management Assurance results with high degree of compliance, and all project documentation is kept current with a high degree of accuracy.
• Maintain currency and compliance in all required policy, tools and systems training.
• Partner with the business users, catalogue management, sourcing leads and contract management to execute deals which are policy compliant within expected turnaround times
• Provide support to ensure connectivity between the completion of deals and its execution in eProcurement /Coupa and associated systems.
• Work with Procurement Spend and Performance Team to provide ongoing reporting and monitoring of deals executed by sourcing against target, analyse and identify opportunities for further improvement across commodity categories, business units and regions
• Suggest process enhancement to improve the sourcing process via Continuous Improvement.
• The role holder will be required to build and maintain a strong operational and strategic network with the Sourcing colleagues to improve sourcing processes and capability, and should be able to work under pressure, multi-task to support a number of concurrent deals with multiple sourcing managers, stakeholders, contract managers and suppliers, and the conduit between the Sourcing teams assigned and the Sourcing Support and Contract Support teams
• Work with the Sourcing colleagues to develop dashboards and presentation to represent their category outcome & KRA via monthly leadership presentation.

What we’re looking for:

The successful candidate should have a detailed knowledge of appropriate commercial models and approaches/techniques necessary to achieve best in class deals across the category. They should have a proven ability to conduct engagement/communication with suppliers and spend categories.
The successful candidate should have good contract negotiation skills, the relevant Financial Services and or regulated environment experience, strong networking and stakeholder management skills.
They should be recognised internally as technical expert and SME in the areas of Sourcing for their category and have a good understanding and experience with the full suite of Sourcing tools and techniques
They must understand the commercial value drivers over a medium term timeframe with a good knowledge of competitors and current industry practices. The successful candidate must be a decision maker and set direction with their stakeholders where driving continuous improvement and innovation will be core objectives.
They need to be confident and effective in communicating both internally and externally and continually building on / making new relationships.

Where will you be working?
Noida
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.