Manager, SCM COE Sourcing Hub

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

Supply Chain Management (SCM) is responsible for overall commercial management of how the Bank engages and spends money with its external third-party vendors. To meet increasing business and efficiency, SCM team is looking for a candidate with strong experience in sourcing / procurement 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 activities in collaboration with various business function and related support teams, and must be able to demonstrate excellence in negotiating favourable commercial outcomes.

Deliver Effective and pro-active stakeholder management of key leaders across assigned business functions by setting out clear strategies, developing strong partnerships and innovative approaches to sourcing and vendor management aligned to the needs of their unique portfolio.

Executing sourcing deals in alignment with HR & Travel category strategies, objectives, and supply chain targets

Key accountability of collaborating with SCM internal team in reviewing pipeline, focussing on longer term value creation (18+ months) and ensuring that deals are constructed in a commercially sound, scalable manner.

Take accountability of end of end onboarding of vendors including but not limited to taking lead on managing / engaging stakeholders in relevant risk functions.

Fosters teamwork with the rest of SCM to ensure optimal support and service is provided to the assigned business functions.

Contribute to the strategy and overall achievement of functional objectives of SCM particularly in the areas of Commercial Value, TPRM, Sustainability.

Owns the assigned sourcing strategies for HR & Travel comprising of commercial, sustainability and market aspects as well as channelling and processes definition in line with the SCBuy platform.

Implementing the sustainability agenda of the Bank through specific strategies and category plans

Key Responsibilities

Strategy

Ensures that the relevant sourcing strategies are kept updated and current, focusing on commercial value generation, TPRM and sustainability in line with the Bank's strategy and corporate business plans.

Optimise management of end-to-end supply chain, increasing deal commercial value, managing risks in a way that gets to market quickly and in line with the Bank's sustainability priorities.

Contribute the development a clear vendor strategy aligned to the priorities of HR & Travel categories

Proactively engage with assigned stakeholders to understand Vendor needs, challenge current thinking and strengthen vendor management as a strategic advantage for the function.

Ensuring enhanced governance and controls to protect the Groups assets and stakeholders in relation to vendor decisions.

Implement the Bank's sustainability strategy throughout our vendor portfolio.

Participate in regular pipeline reviews ensuring alignment with the business.

Support contract remediation and dispute resolution of existing relationships up to and including exit management if required.

Business

Accountability for establishing and achieving assigned project timelines, partnering strategies and commercial goals through effective resourcing, and partnering with HR & Travel categories

Establish and maintain effective stakeholder engagement demonstrating value to the assigned businesses through joint innovation on efficiency, supplier risk, sustainability, and compliance matters

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 with an estimated deal value of 1m>

2.5m USD without supervision

Influences the internal and third party decisioning regarding contracts completion, plays a lead role in brokering the parties to reach complete the agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements.

Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion

Meets or exceeds saves targets

Processes

Ensure that supplier partnering strategies incorporate the needs of the assigned stakeholders, leveraging existing SCB suppliers as appropriate to reduce lead-times.

Work collaboratively with the wider SCM team to ensure effective and efficient service delivery for the business

Embed the Sustainability agenda into contracts as appropriate.

Ensures Strategic vendors are managed in accordance with the VM process and needs of the assigned functions and stakeholders

People & Talent

Ensures Strategic vendors are managed in accordance with the VM process and needs of the assigned functions and stakeholders

Risk Management

Support and execute necessary actions and deliverables to meet existing and new regulatory requirements that relate to the assigned supplier base.

Support risk reviews for SCM and implement corrective actions as required.

Ensure effective escalation for all blockages, risks, issues or non adherence to Group Policies

Comply with the highest standards of regulatory and business conduct and practices as defined by internal and external requirements

Understand and ensure compliance with, in letter and spirit, all applicable laws, regulations and guidelines including those governing securities activities, company law, anti-money laundering, terrorist financing and sanctions; the Group's policies and procedures; and the Group Code of Conduct

Take personal responsibility for understanding the risk and compliance requirements of the role

Embed the Group's Values and Group Code of Conduct to ensure adherence with the highest standards of ethics.

Comply with relevant policies, processes, and regulations, as part of the culture

Governance

Drive process changes to simplify the sourcing process or to accommodate the specific needs of the supported business unit

Supports overall governance within the assigned portfolio of Third Party Risk Management activities (covering internal and external outsourcing, and vendor management) leveraging the central TPRM and Vendor Management delivery teams.

Manage cases of non-compliance with due regard to the risks involved

Provide counsel and leadership to stakeholders across the business functions within the region in support of procurement, vendor management, outsourcing and contract management and other SCM related queries.

Regulatory & Business Conduct

Display exemplary conduct and live by the Group's Values and Code of Conduct.

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

Key stakeholder interactions are Global Business / Function Heads

SCM regional teams; Regional Heads, Regional Category Managers, In country sourcing managers

Cross functional teams during category management development and during strategic sourcing events. This include, but not limited to Business stakeholders, Legal, Compliance, Tax and Finance

Other Responsibilities

Embed Here for good and Group's brand and values in Supply Chain Management; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions

Qualifications

Academic or Professional Education / Qualifications : Degree or equivalent qualifications in Procurement, Supply Chain Management, Law

Licences and Certifications / accreditations : NA

Professional Memberships : CIPS or similar desirable

Bank training; Code Of Conduct, AB&C and other mandatory learning.

Languages; English (Mandatory)

Previous experience of working within the Financial Services is an advantage

Skills and Experience

Negotiation (contracting and commercial)

People management

Manage Conduct

Knowledge in ERP system (Ariba)

Business - Business Partnering

Business - Process Management

Strategy - Facilitating Strategy Discussions

Strategy & Business Model

Business - Financial Analysis & Control

Sustainability

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we : Do the right thing

and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

Never settle,

continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

Are better together,

we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter,

we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

Core bank funding for retirement savings, medical and life insurance,

with flexible and voluntary benefits available in some locations.

Time-off

including annual leave, parental / maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.

Flexible working

options based around home and office locations, with flexible working patterns.

Proactive wellbeing support

through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

A continuous learning culture

to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.

Being part of an inclusive and values driven organisation,

one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.