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Sourcing Manager - Marketing

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Job Description

Purpose of the role

To optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

Accountabilities

Profile spend in category area and develop understanding of business strategy, business requirements, cost levers and opportunities. Collaboration with internal stakeholders to identify sourcing needs, develop requests for proposal and ensure sourcing activities align to the banks needs and priorities.
Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
Monitoring and guiding of controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality etc….
Development, implementation and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance and regulation.
Identification and delivery of change opportunities to improve effectiveness, control and efficiency of sourcing processes including buying channel optimisation for relevant categories of spend (catalogues, demand challenge etc.).
Identification of industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Vice President Expectations

Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
Manage and mitigate risks through assessment, in support of the control and governance agenda.
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Average salary estimate

$105000 / YEARLY (est.)

min

max

$90000K

$120000K

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What You Should Know About Sourcing Manager - Marketing, Barclays

Join Barclays as a Sourcing Manager - Marketing located at the vibrant Barclays Campus in Northampton, where you’ll become an integral part of optimizing our third-party spend requirements. In this dynamic role, you will use your expertise to define and implement strategies that align with the business's needs while fostering close collaboration with various stakeholders. As a Sourcing Manager - Marketing, your primary responsibility will be to profile spending by diving deep into our category areas to understand the intricacies of business strategy and requirements. You’ll plan and execute sourcing events including RFPs and RFXs, negotiating to secure the best value, while keeping compliance and risk management at the forefront. You will also be pivotal in developing and executing policies that align with our values and regulatory obligations. By monitoring trends in the industry and applying research insights, you’ll identify and implement change opportunities to enhance effectiveness and efficiency in sourcing processes. Embracing the Barclays Values of respect, integrity, service, excellence, and stewardship will be essential as you build partnerships and navigate through key business objectives. If you’re driven by analytical thinking and passionate about creating innovative solutions, this is the perfect opportunity to make a substantial impact at Barclays.

Frequently Asked Questions (FAQs) for Sourcing Manager - Marketing Role at Barclays

What are the primary responsibilities of a Sourcing Manager - Marketing at Barclays?

The primary responsibilities of a Sourcing Manager - Marketing at Barclays involve optimizing third-party spend through strategic sourcing processes and effective management of RFPs and RFXs. This includes assessing business needs, ensuring compliance with regulations, and collaborating with various internal stakeholders.