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Technology Senior Sourcing Manager
Salary not available. View on company website.
Fidelity International, City of London
- Onsite working
- Full time
- Temporary
Posted today, 29 May
Job ref: 842faeb156754af08adeb8553452dd6d
Full Job Description
This is a Senior Manager position reporting to the Head of Sourcing, with delivery accountabilities across the Technology category. Working as part of the wider global Procurement team, you will contribute to a variety of initiatives and provide on-going supply governance/risk management support for FIL's Global procurement activity. As a Sourcing Senior Manager, you will seek to achieve value for money services, maximise operational efficiency, and provide effective risk mitigation and operational controls across the range of supply arrangements FIL enters into. In addition;
- Lead and execute the development of Business Partnering including global category strategies for 'active' management;
- Demonstrate strong negotiation skills and sourcing category knowledge of Technology suppliers and stakeholders;
- Excellent relationship management and communication skills are required to ensure you can become and been seen as a trusted adviser to the senior business stakeholders;
- Lead demand challenge and driving innovation, i.e. establishing longer range plans, assessing opportunities and leveraging market developments/industry best practises to drive efficiencies and global cost savings;
- Drive procurement processes and take responsibility for leading contractual negotiations. Ensure clear accountabilities, timelines and deliverables are established;
- Support service owners when managing external supplier relationships
- Proactively manage new suppliers, services and service extensions to maximise the benefits sought, e.g. financial, operational, risk mitigation etc;
- Undertake supplier review activities, including, but not limited to, supplier benchmarking & financial/risk assessment reviews;
- Ensure accurate and up to date contracts and supplier records are maintained, and commercially sensitive information managed in line with Fidelity's information security standards;
- Maintain awareness leveraging opportunities for and with other Fidelity Procurement teams globally;
- Keep internal stakeholders informed of procurement activities and progress through collaborative working and pro-active communication. Establishing an engagement process & maintaining awareness with/alerting stakeholders of potential future procurement activity;
- Maintain awareness of industry developments and best practises. Keeping abreast of potential new supply arrangements, latest products/services from a procurement perspective to prompt and promote innovation in FIL;
- Drive innovation and the continuous improvement of commercial standards and processes to strengthen procurement disciplines across the FIL organisation to maximise the value derived from / minimise the risk associated with the supply base.
Experience of working withing and across global Procurement programmes with strong market knowledge and evidence of working within Technology categories - Ability to Develop and deliver mature category strategies, achieving results through working with senior business managers and procurement specialists embedded in regional business functions
- Procurement function skills - extensive experience of leading concurrent procurement initiatives, contract negotiations, across a range of procurement categories in a global services organisation.
- Strong team working skills, and ability to operate across teams, cultural and organisational boundaries
- Experience of working in an ambiguous environment with ability to multitask and prioritise workload with a strong attention to detail
- Excellent communication skills both written and verbal, and ability to visualise, articulate ideas and concepts succinctly
- Business aware and customer focused
- Strong negotiation, facilitation, and procurement leadership skills
- Demonstrate broad understanding of financial management principles (e.g. TCO, P&L etc) and other quantitative information to ensure procurement outcomes are both financially and qualitatively sound
- CIPS or equivalent qualification/experience
- Awareness of third party risk management regulations and the part that Procurement plays
Fidelity International's Global Procurement function has a team of approximately 125 staff, based across the UK, India, Continental Europe, and Asia Pacific. The team report to Fidelity's Global CFO and are organised into four sub teams of; Sourcing, Operations, Transformation & Risk. Procurement is involved in all aspects of the Procurement lifecycle and help manage over $800m of spend across 3000 suppliers in 26 countries.
For starters, we will offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work - finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team.
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