Job Title Here Experience Director

Job ID: 000000123SC
Location: London, UK
Area of interest: Investment Banking
Job type: Permanent - Full Time
Work style: Hybrid Working
Opening date: 27-Sept-2022 Closing Date: 12-Oct-2022
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Title:  Portfolio Head, Property and Procurement FFG

32609

Singapore, SG

Audit, Accounting & Finance
Regular Employee
Office - Full Time
21 Jun 2025

RESPONSIBILITIES

 

This role is responsible for the portfolio oversight and delivery including the review, design, build and implementation of spend governance for each supplier category.  Governance will likely be different for each category, and will involve senior business leaders in clearing houses, category councils, for transversal categories (e.g. travel, management consulting, marketing), and business category owners for business aligned categories (e.g. recruitment, banking operations).

 

The successful candidate will work closely with the FFG Procurement and Property Portfolio Head, the Global Head of Supply Chain Management, the Global Category Services and Technology heads and the Global Category Leads to drive and manage governance end-to-end including set-up, terms of reference, rules and reporting for each supplier category.  Once fully established, this will then be handed over to each Global Category Lead for them to run on an ongoing basis with assurance and support as required. 

 

Achieving the FFG Procurement and Property cost reduction targets will depend on a solid governance structure, ensuring a high level of adherence to the strategies and contracts put in place.  This is essential to reduce overspend and savings leakage through use of non-preferred vendors, late engagement and procurement breaches.

 

Strategy
•    Portfolio governance and leadership of 24 initiatives driven through SCM and CRES resulting in SAGE attestation of sustainable saves 
•    Drive the periodic review, refinement and adherence of Category Strategy across the bank through establishment of governance structures with the ultimate objective of optimise value generation and extraction for each Procurement category portfolio.
•    Instrument mechanisms and strong governance models to secure the execution and value generation / extraction of Category Strategies.
•    Align with Global Category Leads when Category Strategies are updated to include reference to adherence and governance and understand all changes.
•    Incorporation of the Bank’s vision and strategy into supplier strategies.

Business
•    This role will need to influence Group MT members and Group MT-1.
•    Along with the Global Category Leads, work with senior business and function leaders to establish best practice vendor spend oversight and compliance to strategy.
•    Facilitate and influence cross business/function partnerships to meet common spend controls and goals.
•    Awareness and understanding of the wider business and functional responsibilities and coordination challenges, economic and market environment in which the Group operates, bringing these into supplier spend governance.
•    Strong appetite to get into detailed financial discussions with Global Category Leads, functions and businesses on their third-party spend to help address the challenges of interlock between the FFG transversal savings and the function/business budget savings.

 

Processes

•    Establish processes for spend governance and drive implementation across the bank e.g. enhance MCCH processes and insight 
•    Set-up forums and processes across all third-party spend types used by the bank, covering the full third-party spend.
•    Agree on forum/council/clearing house membership, terms of reference (if applicable), and ownership, before handing over to Global Category Leads owners.
•    Create mechanisms to track effectiveness of these spend governance forums, including reductions in third-party spend attributable to them.
•    Identify and deliver actions to improve the quality of deliverables based on monitoring and reporting activities and management information.
•    Stakeholder Management - establish working relationships with key stakeholder across the portfolio.
•    Implement compliance and controls set by the FFG Control Tower.
•    Identify, lead and on time delivery of Initiatives to standardize and simplify processes.
•    Production of accurate and quality materials to track and report establishment of governance.
•    Ability to communicate effectively and comfortably with different levels of seniority across the organisation.

People & Talent
•    Manage a high-performing team of PMO and Savings Leads, who provide portfolio coverage, analytics and support 
•    Influence outcomes with peers to drive results 

 

Risk Management
•    Monitor, maintain, manage and escalate the risks relating to delivery of the Procurement and Property FFG spend and saves governance initiatives.
•    Take personal responsibility for understanding the risk and compliance requirements of the role. Understand and comply with applicable laws and regulations, the Groups policies, procedures and the Group Code of Conduct.
•    Effectively identify, escalate, mitigate and resolve risk and compliance matters. Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed and misconduct appropriately dealt with.

 

Governance 
•    Expert knowledge of the Change Delivery standards and an ability to navigate practically through the governance processes  

 

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.
•    Contribute as part of the PMO team to the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment. Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance.

Key Stakeholders
•    Group Head, Strategy and Talent
•    Fit For Growth Programme Director
•    Group Head, Supply Chain Management
•    CFO, TTO, Global Functions & FFG Programme
•    CFO, Strategy and Talent
•    Group Head, CABM
•    COO, Strategy and Talent
•    COO, GCFO
•    COO, TTO
•    COO, Legal
•    COO, Risk and Compliance
•    Group Head, CRES
•    Supply Chain Management Leadership Team and MT
•    Global Category Leads

 

Other Responsibilities

•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
•    Assist across all areas of Procurement and Property FFG Portfolio

Our Ideal Candidate

•    10+ years experience in a financial services setup with prior background in procurement and CRES 

•    Academic or Professional Education/Qualifications: Degree or equivalent qualifications

•    Licences and Certifications/accreditations: Agile Leadership
•    Professional Membership: CIPS or similar desirable
•    Analytical and Problem Solving
•    Adept at accurately summarizing, categorising, spotting trends in numbers.
•    High levels of personal accountability and proactive initiative taking, together with a pragmatic, customer-focused approach
•    Outcome focussed with excellent problem-solving abilities whilst exercising good judgement.
•    Bank training: Code of Conduct, ABC and other mandatory trainin

 

Role Specific Technical Competencies

•    Business Analytics

•    Industry Knowledge

•    Internal Controls
•    Operational Risk
•    Organisational Governance
•    Regulatory Environment-Financial Services
•    Standard Operating Procedures
•    Strategic Sourcing
•    Project Management
•    Business Analytics
•    SCB Ways of Working
•    Power Point

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

32609