Avp - Sourcing

5 days ago


Noida Uttar Pradesh, India Barclays Full time

Join us as “ÄVP Sourcing”, at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings3rd party services, ensuring unapparelled customer experiences. As an International Sourcing Manager, you will be primarily responsible for working with our colleagues within Europe to deliver local language support on our non-English contracts. Initially this would involve the day-to-day management of 2 contracted resources who are currently delivering for this area.

To be successful as a “ÄVP Sourcing”, you should have experience with:

- Sourcing Management/Category Management/Procurement Experience.
- Business and commercial acumen.
- Stakeholder management.
- Leadership experience in people management.

To optimize and address Barclays 3rd party spend requirements where it relates to suppliers and contracts with non-English capabilities in close collaboration with the business. This includes execution of new contracts, remediation and MSP support. Some other highly valued skills may include:
**Sourcing**:

- Responsible to manage end to end sourcing projects in technology and non-technology space with aim to close this quickly without compromising compliance with sourcing policies or local legal requirements.
- Oversee end to end execution of the project and prepare and share periodic reports with the wider stakeholder groups.
- Prepare & present project journey and identify key themes to be flagged for consideration for successful delivery.

**Regulatory Remediation**:

- Work on incorporating regulatory terms in contracts for activities such as DORA OCIR, Data Transfer Agreements, Data Privacy, country-specific local conditions, and others as required.
- Oversee end to end execution of the project and prepare and share periodic reports with the wider stakeholder groups.
- Prepare & present project journey and identify key themes to be flagged for consideration for successful delivery within regulatory timelines.

**SCO contract work**:

- Contributing individually on contract remediation for Barclays third party Supplier Control Obligations (SCOs).
- Overseeing negotiations for the contract schedules pertaining to third party vendor engagement risks. Providing support to stakeholders across the areas of Sourcing, Supplier Management, and Business in doing contract related work for the SCO schedules.
- Negotiate identified third party risks as part of the engagement with Suppliers, engage with the Subject Matter Experts in Barclays, and escalate risks to Stakeholders, if any, with the goal of working towards contract execution.
- Demonstrate strong process understanding to identify process improvement opportunities.
- Monitoring and guiding of controls and compliance requirements to be met through the sourcing cycle from request to contract, including regulatory engagement, controls, audits and data accuracy.

Desirable skillsets/ good to have:

- Preferred to have experience in working with core or operational sourcing teams.
- Proven contractual review and redlines experience in Banking environment.

Location: Noida

You may be assessed on the key critical skills relevant for success in role, such as experience with procurement functions as well as job-specific skillsets.

**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.

**Assistant Vice Pr


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