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Sourcing Manager

2 months ago

United Kingdom Insight Investment Full time

Insight Investment are seeking a Sourcing Manager (Vendor Management) to support the Head of Sourcing & Third-Party Management in developing and implementing procurement strategies, managing vendor relationships, and serving as a key partner to the business.

Role Responsibilities

•Ensure all business transactions align with BNY / Insight policies, procedures, legal requirements, regulations, and ethical standards.

•Build strong relationships with internal and external stakeholders.

•Lead procurement activities, including supplier sourcing, renewals, contract negotiation, and supplier onboarding, ensuring due diligence and compliance.

•Assist with developing and executing procurement strategies that support Insight’s goals and regulatory requirements.

•Prepare regular sourcing reports, dashboards, and spend analysis to senior management.

•Identify opportunities for process improvement and innovation.

•Maintain accurate records and documentation for all supplier-related activities, ensuring compliance and audit readiness.

•Manage key supplier relationships, prepare, and establish NDA, MSA, SOW, pricelists, catalogues data, terminations, and other contracts in line with strategies.

•Negotiate and manage administration for a large quantity of complex contracts in multiple categories, including NDAs, complex agreements, SOWs, and terminations, among others.

•Independently review and analyse contract asks, effectively communicate requirements, and determine solutions and actions in response to contract asks.

•Identify contracting issues and provide both internal and external issue resolution.

•Provides guidance to stakeholders such as:

o Advise on contract negotiation improvements.

o Identify contracting issues and determines solutions and actions.

o Review findings complied for accuracy and legibility and advise on improvements.

•Evaluate and analyse contracts to understand products/services/licences provided.

•Ensure Insight receives best value for money and associated cost saving and that no unnecessary costs are incurred.

•Ensure SLAs are in place with our suppliers of key high value projects through internal governance and controls to completion.

•Communicate contract-related information to all stakeholders.

•Liaising with legal and other SMEs for the negotiation of agreements when required

•Maintaining all data and documentation as required with high degree of accuracy as evidenced by data quality tool reporting.

•Conduct complex research to support contract negotiations and comply findings into an appropriate, intuitive format.

•Assess and prioritize work requirements, develops, and executes plans in a timely manner and accepts advice and/or direction well.

•Contributes to the achievement of business area objectives.

•Work with data to agree on sourcing strategies, cost modelling and cost breakdowns.

•Assist with other tasks and projects.

Experience Required

•Bachelor's degree or equivalent combination of education and work experience required.

•Business, Procurement, Supply Chain degree or CIPS qualification preferred.

•Ideally 5 years of total work experience.

•Understanding of procurement and sourcing processes and practices in financial sector preferred.

•Experience working in a controlled environment, where you understand all the key regulations and processes involved in sourcing activities.

•Demonstrated experience in managing large, complex projects and spend categories preferred.

•A wealth of category knowledge across multiple complex categories, with a key focus on Technology.

Insight is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief, sexual orientation or other factors protected by federal, state and/or local laws. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at TalentAcquisition@InsightInvestment.com

About Insight Investment

Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs. Founded in 2002, Insight’s collaborative approach has delivered both investment performance and growth in assets under management. Insight manages assets across its core liability-driven investment, risk management, full-spectrum fixed income, currency, and absolute return capabilities.

Insight has a global network of operations in the UK, Ireland, Germany, US, Japan, and Australia. More information about Insight Investment can be found at: