Description:

Job Title: Sourcing Manager (Non-IT)

Status: Contractor to Permanent Role

Overview:

A leading global financial services group and preeminent Asian-based investment bank with a worldwide reach, providing a broad range of innovative solutions tailored to the needs of individual, institutional, corporate, and government clients. The company operates through an international network in over 30 countries and employs over 27,000 staff worldwide, with regional headquarters in Hong Kong, London, and New York.

Department Overview:

The Strategic Sourcing team is responsible for supply and demand management across a range of IT and non-IT expense lines. The team works in partnership with contract/project owners, senior internal client management, and other support functions to develop and execute sourcing and demand-driven expense initiatives that enhance value from external spend and mitigate risks associated with external vendor engagements.

Duties of the Role:

The role requires the management of sourcing projects across a range of Non-IT spend categories, with a core focus on Professional Services and HR categories.

- Develop sourcing strategies for the Professional Services and HR categories to achieve business objectives for the next 12 years

- Execute sourcing plans in line with Procurements policies and procedures

- Manage RFPs and any renewals

- Lead contract negotiations effectively to deliver robust terms and conditions that align with service delivery requirements and commercial risk management

- Build and maintain collaborative working relationships with business stakeholders

- Build strong supplier relationships and develop supplier management programs, driving initiatives with suppliers in coordination with business functions

- Work as part of a cross-functional team

- Monitor contractual performance in accordance with agreed SLAs to identify and resolve issues, escalating where appropriate

- Execute Business Continuity plans and proactive risk management where applicable

Qualifications, Skills & Experience:

- Degree-level qualification or equivalent

- CIPS certification desirable

- Extensive strategic sourcing/procurement experience in a blue-chip environment, with a proven track record of successfully leading commercial activities in relevant spend categories

- Strong and experienced negotiator

- In-depth category knowledge and proven capability in applying supplier management techniques to deliver added value

- Excellent understanding of key contract clauses and risks related to relevant spend categories

- Highly credible and able to influence external vendors and internal clients

- Self-starter, able to work autonomously and manage multiple projects in parallel

- Ability to contribute to and/or coordinate cross-functional teams

- Able to drive projects to completion while maintaining high-quality deliverables

- Detailed knowledge of supply markets, supplier capabilities, and expected trends at geographic and global levels