Senior Sourcing and Supplier Manager

Insight Select Ltd
Senior Sourcing and Supplier Manager Overview:An exciting opportunity has arisen with our client, a specialist financial services organisation that lead within their industry, for an experienced Sourcing and Supplier Manager. This role is to head up all procurement for the IT category and will have a focus on Sourcing on Cloud and Digital as they have a major change project in place currently. Role & Responsibilities:

• Deliver effective sourcing and third-party risk management ensuring that goods and services are sourced cost effectively and third-party risks are managed within the IT category
• Contribute to the strategic sourcing plan that incorporates renewal of existing third-party contracts, negotiation of new contracts supporting the business growth and change agenda and plans to select new third parties as required.
• Manage the relationships with key stakeholders responding to requirements and requests for support.
• Keeping up to date with external markets with a view to identifying innovations and market leading capabilities that will benefit the category
• Take accountability for the third party spend within this category and lead on the delivery of cost efficiencies.
• Ensure that goods and services within the category are sourced in line with best practice and established policies.
• Ensure the sourcing activity identifies risks and mitigates these through effective contracts working with the legal team.
• Support development and maintenance of a third-party risk management framework which considers all phases of the 3rd party life cycle
• Ensure third parties in the category are sourced and managed in compliance with relevant standards and regulations

Essential Skills & Experience:

• Senior IT category management experience ideally in Financial Services
• Category leadership of strategic sourcing activity including experience of negotiation of significant and complex services contracts
• Third party risk management activity within the category
• Strong knowledge of contractual and commercial terms including complex managed service contracts.
• End to end policy and process development
• Degree certification preferred.
• CIPS qualification an advantage or equivalent professional qualification

Package:

• Salary flexible £85,000 -£100,000
• Fully Remote
• £5,000 Car allowance
• Excellent benefits package