Description
NK370 Category Manager Data Vendors with Finance Supply Chain: Banking, Brussels
Working for a major financial services client the role within the finance supply chain covers the following areas:
People Management
- Guide and coach key business stakeholders defining and execution of sourcing initiatives in the domain of the category sourcing of Financial Market Data Vendors
Category Management
- Build and implement multi-year supplier strategy incorporating business priorities, Market know how and a long term vision on how demand will evolve and will be managed
- Identify opportunities to target supplier rationalization which delivers effective and efficient use of suppliers while mitigating risks
- Provide leadership for specific initiatives aimed at delivering against the overall Procurement objectives
dependencies
- Business Relationship Management
- Develop and maintain relationships with key business stakeholders and define jointly the Strategic Sourcing process based on best market practices, fully aligned with procurement policy and practices
o Support key stakeholders with identifying issues and propose mitigation actions on operational and tactical level
- Play an active role in stakeholder engagement model and improve business satisfaction and customer journey by demonstrating added value in the differentiated sourcing for managing both demand and supply
- Position your role as highly required for all business decisions related to sourcing based on your advice and recommendations
Supplier Management
- Develop, maintain an effective and distant relationship with suppliers to ensure continuity of supply
- Provide support to the business stakeholders to ensure consistency in the application of all contractual engagements
- Obtain best value for money from the supply market and ensure healthy cross-supplier competition and negotiate best contractual terms
- Jointly manage all supplier risks. Address issues and secure the highest level of service delivery ensuring corrective measures are delivering expected improvements
- Support Business stakeholders to leverage on Key Performance Indicators (KPI), quarterly and/or semi-annual supplier performance dashboards, supplier summits and contract dispute management
- Set up an effective supplier performance management dashboard that could lead to service delivery improvements and reduce supplier risks.
- Achieves to create value for the business by adequately managing supplier relationships and appropriately managing escalations.
Quality Management and Controls
- Ensure compliance with Euroclear policies and processes and work with business to rectify areas of concern
- Drive supplier remediation for contractual compliance issues
- Assist in controls, security, data protection and is responsible for doing supplier investigations and defining remediation's linked to these investigations
Your Profile:
Technical skills
Procurement Strategy & Category knowledge:
- Fully understands, can articulate and apply the best market practices of strategic sourcing for Financial Market Data vendors
- Translates department measures and objectives into a strategy and action plan for the dedicated category, executes and leads execution by buyers and purchasing agents, monitors performance and the status of the objectives. Achieves business endorsement and buy-in of the defined strategy.
o Knowledgeable of the specific aspects of a category, both technically and commercially. Understands industry cost structures and pricing mechanisms.
Selection and negotiation:
- Can create complex RFP's, analyse results and proposals, and propose concrete recommendations to the Business Stakeholders.
- Has good experience in planning and preparing negotiations and successfully conducting a range of negotiations across a variety of commodities and market sectors to achieve objectives. Has a good working experience of setting objectives and tactics. Should lead some strategic and business critical negotiations.
Contracting & Contract Management:
- Knows and understands the Terms & Conditions of the Standard Purchasing Agreements and Standard SLA's, and can negotiate them with suppliers in more complex situations. Good working knowledge of applicable regulations.
- Knows the principles of contract management, and resolves more complex issues.
- Knows and drives compliance with internal policies and processes to ensure compliance with Risk and Audit.
Soft skills
Strong business know how and expertise (4 to 6 years of domain experience)
Good analytical skills,
Solution oriented mind set
Good listener
Strong in developing and maintaining professional relationships and using them to the benefit of both parties
Willingness to learn and demonstrate a continuous eagerness to expand know how in different domains and to explore new categories
Good communication skills & coordination skills
Able to work both independently and as part of a team
Able to express well-founded opinions and to understand their consequences
Ability to cope with pressure and to handle multiple tasks
Reference: NK370
Location: Brussels
Rate: euros per day
Duration:12 months
Start date: ASAP