To provide procurement business partnering support to the IRB Project and develop effective stakeholder relationships. Embed the Third Party Management framework within the project, encouraging early engagement from business stakeholders and compliance with policy. To deliver value through commercial optimisation and prudent but practical risk management.
As part of the recently established Third Party Management (TPM) function, the role holder will ensure that our business owners are professionally partnered by the Bank TPM in managing the Bank’s third party suppliers.
Procurement Business Partnering
Work within an agile project environment to optimise the value added through interactions with third parties, effectively manage balance between fast paced project timeline and prudent, professional procurement activity.
Own the development and execution of the buying strategy within the project.
Build short term tactical and medium/long term strategic understanding of needs of the IRB project.
Establish effective stakeholder relationships, working collaboratively to deliver value and mitigate risk to become trusted strategic partner.
Build a pipeline of sourcing projects within focus business areas, working closely with business owners to create compliant, fast and effective strategies.
Execute sourcing strategies using best practice methodologies, including e-sourcing platform, working with business and finance to identify, measure and track value added.
Work within the Third Party Management framework at all times to ensure prudent and practical management of risk whilst always striving to meet the needs of business stakeholders.
Continue to develop knowledge of relevant markets, supply and demand dynamics, supplier roadmaps and innovative solutions. Bring such knowledge to bare in business interactions to add strategic value.
Commit to ethos of continuous improvement, always seeking feedback (both structured and anecdotal) to identify opportunities to enhance TPM framework, working practices and develop individual skillset.
Be an ambassador for the Third Party Management function, utilising every opportunity to communicate the value add available through early engagement and open dialogue.
Risk & Compliance
Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required