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

• Previous experience of working within the Financial Services or technology sector is an advantage
• Relevant experience in stakeholder management (i.e. practices, leadership, effectiveness)
• Able to use ERP systems such as SAP, Ariba and Microsoft Office Excel..
• Good working knowledge of contracts & familiar with legal agreements
• Advanced commercial knowledge in procurement, vendor management and project management.
• Advanced business management skills including stakeholder management, commercial judgement and process improvement.
• Advanced knowledge in third party risk management

Qualifications

• At least a Degree in Purchasing, Supply Chain Management, Economics or Business Administration
• Fluent in English
• At least 4-6 years’ working experience in procurement and/or vendor management (in Technology and Corporate Services category) and project 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

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers