Commercial Contract Manager
1 month ago
Job Summary:
We are seeking a highly skilled Commercial Contract Executive to join our team at Barclays. As a key member of our procurement and contract management team, you will be responsible for managing and monitoring supplier risk and performance to meet the requirements of our Third Party Service Provider Policy and Standards.
Key Responsibilities:
- Supplier Risk and Performance Management: Manage and execute supplier control processes, including oversight of suppliers and their performance, monitoring of KPIs to guarantee expectations are met.
- Collaboration and Stakeholder Management: Collaborate with various stakeholder groups to produce deliverables that meet procurement needs, policies and standards, mitigate supplier risks and issues, and ensure supplier relationships align to the bank's needs and business strategy.
- Market Research and Contract Negotiation: Identify suppliers that will provide the right goods and services through market research, capabilities analysis, and contract negotiation.
- Industry Trends and Developments: Identify industry trends and developments related to supplier management tools and techniques by attending conferences and participating in training.
- Monitoring and Compliance: Monitor suppliers' control operations to meet Barclays Third Party Service provider Management Standards and contractual obligations, including quality standards, risk mitigation, and commercial activity.
- Regulatory Support: Collaborate with regulatory teams to support Global regulatory requests, exams, and ongoing activity.
- Risk Mitigation and Policy Development: Identify ways to mitigate risk and develop new policies and procedures in support of the control and governance agenda.
- Ownership and Analysis: Take ownership for managing risk and strengthening controls in relation to the work done and engage in complex analysis of data from multiple sources of information, internal and external sources.
Barclays Values and Mindset:
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge, and Drive – the operating manual for how we behave.
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