Job Description

The Role Responsibilities
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 / procurement 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 activities in collaboration with various business function and related support teams and must be able to demonstrate excellence in negotiating favourable commercial outcomes.
Strategy

• 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, alignment to sustainability aspirations, through needs assessments, consolidation and expense / demand management
• Performs the role within the operating model
• Execute sourcing strategies to ensure continuity of cost-effectiveness and quality of supply
• Collaborate with country teams to align preferred channels and suppliers

Business

• Creates and builds function level senior management stakeholder relationships, influences on the ground decision making to ensure that sourcing is managed in compliance with Standards, is an escalation point for problem solving
• Maintains engagement level stakeholder relationships to advise and guide the stakeholder through the Sourcing process
• 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.
• Provides guidance on SCM process, systems, policy and procedure
• Assist stakeholders in achieving their strategic objectives through careful sourcing of relevant suppliers to fulfil their needs

Commercials and contracting

• Influences the buy decisions - Approves ePros/ purchase requisitions in accordance with LOA
• Lead complex deal negotiation including Outsourcing, where the inherent risk is medium to High
• Manages complex competitive sourcing tender with an estimated deal value of 1m>2.5m USD without supervision
• Proactively looks for opportunities to create value in the organisation, leveraging cost optimisation / demand management
• 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
• Influences the internal and third party decisioning regarding contracts completion, plays a lead role in brokering the parties to reach complete the agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements.
• Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion
• Meets or exceeds saves targets

Project Management

• Identifies and mitigates risks that would impact the overall project success/failure.
• Ensures projects are prioritized and delivered against agreed timelines
• Supports, leads and executes sourcing initiatives.
• Implements regular category workflow reviews to ensure all stakeholder requests are being owned

Cross Functional Engagement

• Work in a highly effective Supply Chain Management (SCM) team that will deliver commercial agreements that exceed stakeholder and client expectation.
• Keeps open channels of communication to ensure high level of engagement
• Contribute to process improvement initiatives

Risk & Governance

• Plays a key role in working with the Business and Supplier to minimise identified risks through the engagement
• Assist in effective governance and controls for supplier risk management across the bank, manage the vendor and contract management framework in the region
• Supports the business functional vendor management teams in day 2 supplier matters
• Operate in compliance with mandated sourcing processes, policies and procedures

Sustainability

• Educates the business on sustainable ways to procure goods and services and ensures continuous improvement in terms of adoption

Key Stakeholders

• Key stakeholder interactions are Global Business / Function Heads - Notably CPBB / TTO / FM
• SCM regional teams; Regional Heads, Regional Category Managers, In country sourcing managers
• Cross functional teams during category management development and during strategic sourcing events. This include, but not limited to, Business stakeholders, Legal, Compliance, Tax and Finance

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.
• Lead the team to achieve 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 matters.

Other Responsibilities

• Ensure sourcing compliance as per Third Party Risk Management policy

Our Ideal Candidate

• Degree in Purchasing, Supply Chain Management, Economics or Business Administration
• Fluent in Business Communication.
• 5+ Years of experience working experience in strategic sourcing procurement in Technology or Corporate Services categories (including HR, Professional Services, Consulting, Banking Operations, Brand and Marketing, Property, Travel) and project management.
• 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 and project management.
• Advanced business management skills including stakeholder management, commercial judgment and process improvement.

Role Specific Technical Competencies

• Commercial Negotiation skills
• Experience ERP system (Ariba)
• Contracting and Contract Negotiation Skills
• Project Management
• Stakeholder management
• Commercial Risk Management
• Nice to have Category Expertise in Technology or Non Technology

About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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

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