WHAT IS THE OPPORTUNITY?

This is an exciting opportunity for a Strategic Sourcing Manager to contribute to the long-term sourcing strategy of the Bank through the development sourcing strategies which bring value and drive procurement efficiency within the bank.
This role will be critical in managing key supplier relationships and leading on large scale supplier negations for the bank!

ESSENTIAL QUALIFICATIONS

There are no specific qualifications or minimum educational requirements needed for this role.

IN THIS ROLE, YOU WILL;

• Develop and implement long-term sourcing strategies that align with the banks objectives and drive overall procurement efficiency
• Conduct market analysis and benchmarking to advise strategic decisions.
• Manage supplier contracts to ensure strategic alignment and cost efficiency.
• Support the evaluation and identification of potential suppliers that meet the banks standards for quality and sustainability.
• Analyse spend data to support the identification of cost savings and drive value.
• Develop strategies to maximise value for the organisation and reduce costs where appropriate (e.g., supplier consolidation and the renegotiation of contracts).
• Support the development of category sourcing strategies e.g. Banking Operations, Infrastructure, HR etc.
• Be responsible for the drafting, contract discussions and management of key supplier contracts.
• Identify and assess potential risks within the supply chain, developing and implement strategies to mitigate these risks
• Ensure all sourcing activities align with regulatory requirements and internal procurement policies.

Experience with any of the following will help you to stand out but is not necessary in order to apply for this role;

• A professional qualification in Procurement is desirable e.g., CPSM, CIPs IIPMM
• Excellent communication, stakeholder management, and analytical skill