Banking and Corporate Functions Portfolio Lead, Strategic Procurement

Job Description:

Job Title:

Banking Services Portfolio Lead, Strategic Procurement

Location:

London

Corporate

Title:

Director

Strategic Procurement in the Global Procurement and Vendor Management team (GPVM) is responsible for the ongoing Sourcing and Category Management of circa €6bn of external third‑party expenditure. The team collaborates across the Bank to drive innovation, maximise value opportunities, improve performance and risk management and also manages all commercial aspects of contracts to protect value by minimising risk of commercial loss, through negotiating commercial disputes.

As Portfolio Lead you will be a high‑performing Director looking to use expertise to focus on business and supplier engagement, people development, delivery against objectives and projects, and process improvements.

• Hybrid Working – we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
• Competitive salary and non‑contributory pension.
• 30 days’ holiday plus bank holidays, with the option to purchase additional days.
• Life Assurance and Private Healthcare for you and your family.
• A range of flexible benefits including Retail Discounts, a Bike4
  
  Work scheme and Gym benefits.
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.

• Engage with the Corporate Bank, Investment Bank, Private Bank, wider business areas, and suppliers to develop value‑led, joint strategic account plans, product, and service roadmaps ensuring that maximum value is being driven from the sourcing process along with developing supplier relationships and collaborating with suppliers to identify and drive innovation.
• Manage a team of professional Category Directors.
• Lead the development of Category strategies with business stakeholders with a view to communicating a clear and collective vision to generate savings.

• Experience in Financial Services, specifically Investment, Corporate or Private Banking including procurement of Banking Software and Operations.
• In‑depth understanding of management/service delivery from third parties and experience leading global strategic supplier management relationships with organisations with high levels of complexity. Ability to engage and influence senior stakeholders.
• Demonstrable team player with strong interpersonal and management skills.
• Strategic agility necessary to create competitive and breakthrough strategies.
• Strong sourcing and governance focus with excellent negotiation skills. Professional certification beneficial, Member of the Chartered Institute of Procurement and Supply (MCIPS) or similar, good knowledge of contract law (United Kingdom, Germany, United States and/or international).

• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.

We welcome applications from all people and promote a positive, fair and inclusive work environment.