Procurement Sourcing Manager
Principal Accountabilities: Key activities and decision making areas
Achieve annual savings as set in target for Commodity.
Develop and deliver Global Procurement Sourcing Strategy.
Understand business requirements and align Procurement Sourcing strategies to meet these requirements.
Responsible for establishing, championing and delivering targets that focus on cost, quality, service and innovation with the supply base. Identifying opportunities to create additional value and not just cost saving the category.
Be aware of potential commercial decisions which may influence existing or potential banking relationships by liaising as necessary with the appropriate Corporate/Retail Relationship Manager.
Positively influences key stakeholders by using a range of prompting means.
Review of supplier relationships with different areas of the Group to ensure opportunities for synergy are fully exploited
Proactive relationship with key stakeholder suppliers for Service/Product.
To negotiate and implement terms and conditions of contract so as to assure maximum benefit, contractual protection and risk minimization for the Group.
To continually reassess the operational risk inherent in the business, taking into account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings and impact of new technology and financial stability of Third Party Suppliers.
Manage Third Party suppliers [within a Supplier Performance framework], paying particular attention to CSR and ethical trading practices and the global marketplace.
Drive the use the standard Procurement sourcing process and associated tools of e-Procurement tools (e-Auctions, RFQ, etc.)
Qualifications
Bachelor's degree in supply chain management, logistics, or any related field
Minimum of 5 years' experience within Procurement
In-depth knowledge of preparing and reviewing contracts, invoicing, and negotiation terms
Proficient in Microsoft Office Suite (Word, Excel, Outlook)
Strong record of stakeholder management
Excellent analytical and problem-solving skills
Excellent commercial negotiation skills.
Proven track record of handling multiple bids/tenders
Strong knowledge of the Financial industry and its Procurement needs
Hands on experience with sourcing software
To Apply
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