Procurement Manager - Investment Banking

Job type:
on-site
Start date:
n.a
Duration:
n.a
From:
Nicoll Curtin Technology
Location:
London
Published at:
03/01/2021
Country:
flag_no United Kingdom
Project ID:
2059947

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This is an exciting new role that has been created in procurement to support the newly formed Wholesale business.

Wholesale has an annual IT spend of $50m in product and support and $100m on IT professional services. This role will take a lead in defining and executing procurement strategy for the Wholesale, working with Global Category Manager and Category Managers to ensure alignment. The role encompasses procuring wide-ranging IT software and services, from low to high value and complexity.

Overview:

  • Be a lead on Wholesale IT software and services strategic deals acting as a key influencer on these deals, driving them forward and displaying your subject matter expertise and wealth of experience to executive level. Ensuring continual communication is key to this success.
  • On a global basis, with oversight from WBGF Global Category Manager, lead strategy and planning for a Procurement category to deliver competitive advantage for business through cost savings, life cycle value generation, demand management and innovation.
  • The role will develop influential senior level relationships with designated businesses and functions on behalf of all of the Procurement sub- functions including ownership of both Buying Channel and PSL compliance.
  • Key to success are advanced skills in analysis/synthesis in the application of a range of commercial models, with a focus on Total Cost of Ownership (TCO).
  • Constantly monitoring supplier market and identify opportunities resulting from new product offerings and/or market shifts (eg entry or exit of suppliers, changes in pricing, risk on category).
  • Seeking alternatives to current category specifications/demand parameters.
  • Implement the Group compliance policy by containing compliance risk in liaison with Global Head of Supplier Management and Control, Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. In this context the term compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply.