Senior Manager, SCM COE Global Category

Job Summary

Supply Chain Management (SCM) is responsible for the overall commercial management of how the bank engages and spends money with its external third-party vendors. To meet increasing business and efficiency, the SCM team is looking for a candidate with strong experience in sourcing / third party risk management and the gravitas to engage stakeholders within SCB business function to support key priorities. The successful candidate will be responsible for influencing and executing sourcing and third party risk management activities in collaboration with various business function and related support teams.

Key Responsibilities

• Liaise with the business functions leads to produce a needs assessment that is aligned to their business plans
• Feeds into the category management strategy that focuses on supplier cost reduction, through needs assessments, consolidation and expense / demand management
• Execute sourcing strategies to ensure continuity of cost-effectiveness and quality of supply
• Works with category teams to align preferred channels and suppliers
• Maintains engagement level stakeholder relationships to advise and guide the stakeholder through the Sourcing Process – maintains on-going relationships with Global sourcing team
• Guides Business Stakeholders through the procurement decision-making process.
• Ensure the intrinsic business value of the SCM category management framework is communicated and understood by the business.
• Assist stakeholders in achieving their strategic objectives through careful sourcing of relevant suppliers to fulfil their needs
• Influences the buy decisions – Approves ePros / purchase requisitions
• Lead complex deal negotiation including Outsourcing, where the inherent risk is medium to High
• Manages complex competitive sourcing tender as per the policy
• Creates cost efficiencies and support expense line management by directly mapping saves to the GL
• Carry out effective negotiations and contracting which contribute to sustainable commercial advantages for the business and best in class commercial terms
• Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion
• Supports, leads and executes sourcing & day 2 vendor management initiatives.
• Work in a highly effective Supply Chain Management (SCM) team that will deliver commercial agreements that exceed stakeholder and client expectation
• Implements regular category workflow reviews to ensure all stakeholder requests are being owned.
• Aligning to sourcing strategy defined by the Group / Venture and floating RFx, evaluating responses, scoring suppliers, conduct negotiation to achieve best price and guide business in contract execution.
• Supporting Venture to manage third party lifecycle i.e., ensuring risk assessments, outsourcing registry are up to date, contract renewal executed prior to expiry etc.

Skills and Experience

Qualifications

About Standard Chartered

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