Procurement Lead

Florham Park, USA
07 Feb 2023
22 Feb 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
As a Barclays Procurement Lead, you will assist the Director, Consumer Banking & Payments in driving Procurement services across the US Consumer Bank. You will ensure the relationship between Procurement and Barclays Consumer Banking & Payments stakeholder community is effectively managed and fully optimized. You will be accountable for ensuring delivery of services across all the Procurement domains, and be accountable for significant, cross BU/Function, global initiatives as they relate to third party spend.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Working Flexibly

We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes 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 career, 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.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month, or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally can request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

• Leveraging relationships with senior stakeholders across the Barclays Consumer Banking & Payments business and operating as a 'trusted business advisor' representing Procurement
• Ensuring that BU/Function and Procurement strategies are aligned, and act as key interface to all Procurement domains
• Inputting into/obtaining relevant commercial information from the strategic planning process and Change/SI Portfolio to feed into Category Plans/Procurement agenda
• Leading in their BU/Function to help obtain input and buy in to Category Plans and initiatives
• Managing and leading with Sourcing and Supplier Management domains to drive Supply Base Optimization, seeking to align services under group wide agreements
• Handling with stakeholders (business and functions) to establish demand roadmap, which can be translated into resource requirements for the Sourcing execution functions
• Assisting with late engagement, PSL compliance, and demand challenge within their BU/Function and supporting the Sourcing execution with the development of a project
• Working collaboratively across the Procurement Client Partnership team to deliver Procurement and cross BU/Function agendas

What we're looking for:

• Bachelor's Degree or equivalent work experience
• Eight plus years working in a VP capacity, with Procurement or relevant business experience
• Five plus years relevant supply market and business knowledge pertinent to third party Outsourcing services (and related regulatory requirements in the space)
• Working knowledge of local country conditions / regulatory requirements pertaining to Managed third party and Internal Services

Skills that will help you in the role:

• Knowledge of Bank financial approval processes including business case preparation, deal memos and presentation to the relevant governance board and management committees
• Categorical Procurement Knowledge in the HR, Marketing, Professional Services, and Technology areas of spend
• Well-developed financial/business planning and management skills, appropriate for knowledge and managing high value and strategically important benefits
• Proven and energetic leadership, performance management and coaching skills

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you'll have every chance to build a world-class career in this world-class environment.
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