Purpose of the role
To partner with key stakeholders and forums to oversee Procurement service delivery, provide advice and develop procurement strategy to meet both the needs of the business and Procurement.
Accountabilities
- Development & implementation of the wider Procurement strategy in collaboration with stakeholders and Procurement domains.
- Implementation of the procurement strategy aligned to the bank’s objectives and relevant regulators, through the prioritisation and use of Procurement resources.
- Provide expertise on Procurement policies and procedures, third party risk, sourcing strategy and supplier relations to business stakeholders through education.
- Act as a point of escalation for Procurement service and delivery issues for business stakeholders.
- Act as the primary interface for Procurement with senior stakeholders in the business, developing & utilising relationships and influence to deliver improvements in key indicators and objectives.
- Identification of & where applicable, delivery of opportunities for business cost savings, client experience, service improvement & Procurement efficiency.
- Voice of the business with Procurement domains, developing and utilising relationships & influence to impact Procurement service delivery.
- Provide insights and actionable intelligence to business stakeholders to support business decision making to improve the commercial & risk profile of the business.
- Support the business with strategic activity acting as the Procurement representative for key business change programmes, acquisitions and divestments.
Analyst Expectations
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise
- Thorough understanding of the underlying principles and concepts within the area of expertise
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
- OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
- Will have an impact on the work of related teams within the area.
- Partner with other functions and business areas.
- Takes responsibility for end results of a team’s operational processing and activities.
- Escalate breaches of policies / procedure appropriately.
- Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
- Advise and influence decision making within own area of expertise.
- Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
- Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
- Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Make evaluative judgements based on the analysis of factual information, paying attention to detail.
- Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Guide and persuade team members and communicate complex / sensitive information.
- Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.
This is an exciting opportunity to join Barclays as an Analyst - Market Data Management. You will proactively manage a specified group of vendor and exchange within their relevant Product categories and Business areas within Market Data Commercial Management in alignment with the overall Market Data strategy. You will also manage commercial negotiations with relevant Market Data vendors and Exchanges, liaise with legal and business to ensure favourable commercial terms which meet business requirements and mitigate business risk.
You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking, as well as job-specific technical skills.
To be successful for the role, candidates should possess the following skills or experience:
- Japanese Language skillset to manage Japanese speaking vendors
- Requirement to learn and understand Market Data Services and use within Banking
- Be able to understand and evaluate business requirements, legal concepts, and terms in contracts to ensure that the business obtains needed services with minimal financial and business risk to the Bank
- Investment Banking or Financial institutions experiences are preferred
Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.
