Job Summary

Supply Chain Management (SCM) is responsible for the overall commercial and risk management with the bank’s external third-party vendors. To meet increasing business demands, the SCM team is looking for a candidate with strong experience in sourcing / procurement with a specific expertise in driving category strategy and 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 activities in collaboration with various business function and related support teams and must be able to demonstrate excellence in negotiating favourable commercial outcomes based on the agreed strategy. The successful candidate will also be responsible for deliver the benefits and reporting tracking for the Procure to Pay transformation. 

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
• Performs the role within the operating model
• Execute sourcing strategies to ensure continuity of cost-effectiveness and quality of supply
• Collaborate with category teams to align preferred channels and suppliers
• Manage Wealth Retail Banking (WRB) pipeline and workload
• Maintains engagement level stakeholder relationships to advise and guide the stakeholder through the Source To contract (S2C) process – maintains on-going relationships with Global sourcing team
• Guides Business Stakeholders through the procurement decision-making process.
• Creates and builds function level senior management stakeholder relationships, influences on the ground decision making to ensure that sourcing is managed in compliance with Standards, is an escalation point for problem solving.
• Ensure the intrinsic business value of the Supply Chain Management category management framework is communicated and understood by the business.
• Provides guidance on Supply Chain Management systems, policy and procedure
• Assist stakeholders in achieving their strategic objectives through careful sourcing of relevant suppliers to fulfil their needs
• Identifies and mitigates risks that would impact the overall project success/failure.
• Ensures projects are prioritized and delivered against agreed timelines
• Supports, leads and executes sourcing initiatives.
• Implements regular category workflow reviews to ensure all stakeholder requests are being owned.

• Influences the buy decisions.
• 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.
• Creates cost efficiencies and support expense line management by directly mapping saves to the GL
• 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.
• Carry out effective negotiations and contracting which contribute to sustainable commercial advantages for the business and best in class commercial terms.
• Meets or exceeds saves targets.
• Work in a highly effective Supply Chain Management (SCM) team that will deliver commercial agreements that exceed stakeholder and client expectation.
• Keeps open channels of communication to ensure high level of engagement
• Contribute to process improvement initiatives
• Assist in effective governance and controls for the eAuction engagement process.
• Supports the business functional vendor management teams in day 2 supplier matters
• Operate in compliance with mandated sourcing processes, policies, and procedures

Key Stakeholders

• Key stakeholder interactions are Global Category Leads/Managers and Business / Function service delivery leads, and or Contract Managers
• SCM teams; Cluster Leads, Country Leads, Global Category Management, Risk and Governance and Vendor Management.
• Cross functional teams during category management development and during strategic sourcing events. This includes, but not limited to, Business stakeholders, Legal, Compliance, Tax and Finance

Qualifications

•    Bachelor/master’s degree with 5 years’ experience in Procurement eAuction practitioner.
•    Possess strong relationship-building skills, with an ability to work effectively with peers and senior stakeholders across multiple regions.
•    Agile and comfortable with dealing with complex datasets.
•    Effective verbal and written presentation and exceptional communication skills
•    Strong project management and problem-solving skills
•    Self-starter and resilient
•    Strong cognitive ability to design meaningful dashboards to drive key management decisions

Specialised knowledge or skills required:
Familiar with ERP systems such as SAP, Ariba

Language Proficiency key requirement
•    English and Korean (To serve Korean market)
•    Vietnamese/Thai Language Skill is a significant advantage 

Skills and Experience

•    Commercial Negotiation skills 
•    eAuction
•    Project Management
•    Business Writing
•    Presentation Skills
•    Knowledge in ERP system (Ariba)
•    Communication skills
•    Category Expertise in Technology
•    Sustainability
•    Commercial Risk Management

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.

Recruitment Assessments

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Visit our careers website www.sc.com/careers