*Top Tier Bank* Mgr, Strategic Sourcing

JOB SUMMARY

Supply Chain Management (SCM) is responsible for the overall commercial management of how the Bank engages and spends money with its external third-party vendors. To meet increasing business and efficiency, the SCM team is looking for a candidate with strong experience in sourcing / procurement and the gravitas to engage stakeholders within business function to support key priorities. The successful candidate will be responsible for influencing and executing sourcing activities in collaboration with various business function and related support teams and must be able to demonstrate excellence in negotiating favourable commercial outcomes.

Sitting within the Professional Services (PS) Team, the Global Category Manager PS (Asia) is responsible for the overall pro-active stakeholder and commercial management of assigned areas of spend within the Professional services category (incl. ManCon, Legal, Insurable Risk etc).

QUALIFICATIONS

• At least 10 years working experience in strategic sourcing procurement in Technology or Corporate Services categories (including Business Process Outsourcing, HR, Professional Services, Consulting, Banking Operations, Brand and Marketing, Property, Travel) and project management.
• Previous experience of working within the Financial Services or technology sector is an advantage
• Relevant experience in stakeholder management (i.e. practices, leadership, effectiveness).
• Specialized knowledge or skills required
• Essential to work with China and Taiwan market related projects
• Able to use ERP systems such as SAP, Ariba and Microsoft Office Excel.
• Good working knowledge of contracts & familiar with legal agreements
• Advanced commercial knowledge in procurement and project management.
• Advanced business management skills including stakeholder management, commercial judgment and process improvement.

RESPONSIBILITIES

Strategy

Liaise with the business functions leads to produce a needs assessment that is aligned to their business plans

Feeds into the category management strategy that focuses on supplier cost reduction, alignment to sustainability aspirations, through needs assessments, consolidation and expense / demand management

Performs the role within the operating model

Execute sourcing strategies to ensure continuity of cost-effectiveness and quality of supply

Collaborate with country teams to align preferred channels and suppliers

Business

Creates and builds function level senior management stakeholder relationships, influences on the ground decision making to ensure that sourcing is managed in compliance with Standards

Maintains engagement level stakeholder relationships to advise and guide the stakeholder through the Sourcing process

Guides Business Stakeholders through the procurement decision-making process.

Ensure the intrinsic business value of the SCM category management framework is communicated and understood by the business.

Provides guidance on SCM process, systems, policy and procedure

Assist stakeholders in achieving their strategic objectives through careful sourcing of relevant suppliers to fulfil their needs

Commercials and contracting

Influences the buy decisions

Lead complex deal negotiation including fees at risk models

Manages complex competitive sourcing tender with high deal value without supervision

Proactively looks for opportunities to create value in the organisation, leveraging cost optimisation

Carry out effective negotiations and contracting which contribute to sustainable commercial advantages for the business and best in class commercial terms

Influences the internal and third party decisioning regarding contracts completion, plays a lead role in brokering the parties to reach complete the agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements.

Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion

Meets or exceeds saves targets

Project Management

Identifies and mitigates risks that would impact the overall project success/failure.

Ensures projects are prioritized and delivered against agreed timelines

Supports, leads and executes sourcing initiatives.

Cross Functional Engagement

Work in a highly effective Supply Chain Management (SCM) team that will deliver commercial agreements that exceed stakeholder and client expectation.

Keeps open channels of communication to ensure high level of engagement

Contribute to process improvement initiatives