Spend Optimization Manager

2 weeks ago


Glasgow, Glasgow City, United Kingdom Barclays Full time
About the Position

We are seeking a Spend Optimization Manager to join our team at Barclays. This role involves optimizing and addressing 3rd party spend requirements, including developing and implementing approaches for relevant spend categories and requirements with close collaboration with the business.

The ideal candidate should have experience with risk management, strong technology sourcing expertise, and strategic thinking skills. You will be assessed on your ability to manage risks, execute strategic sourcing, and optimize buying channels.

Key Accountabilities

  • Plan and execute sourcing events, including RFPs and negotiations to meet business requirements for value, speed, compliance, and risk.
  • Monitor and guide controls and compliance requirements throughout the category and sourcing cycle, ensuring regulatory engagement, audits, data quality, and adherence to policies and standards.
  • Develop, implement, and operate policies and procedures for sourcing activities aligned with company policies, standards, and regulations.
  • Identify industry trends and develop related to sourcing and category management through conferences, training, and market research.
  • Manage and mitigate risks through assessment, supporting the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.

Requirements and Qualifications

  • Experience with risk management and technology sourcing.
  • Strong analytical and problem-solving skills.
  • Ability to collaborate with cross-functional teams.
  • Excellent communication and negotiation skills.
  • A Bachelor's degree in a related field.

Benefits

  • Competitive salary range: £60,000 - £80,000 per annum.
  • Comprehensive benefits package, including health insurance, retirement plan, and paid time off.
  • Opportunities for professional growth and development.


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