Step into your new role as a Procurement Strategy Lead, VP for Major Engagements with Barclays. You will lead on the Procurement strategy and co-ordinate activities for major engagements including mergers, acquisitions and divestments and oversight of business-driven projects. This will require collaborating with stakeholders and peers across Procurement to capture and drive best practice, consistency in delivery, identifying and delivering efficiencies whilst ensuring major engagements are compliant and on-track. You will oversee and drive the efficient integration of procurement assets resulting from Barclays’ M&A activities, contribute to or set the strategy, drive requirements, and provide recommendations for the procurement’s strategic programs and act as PMO for the bank’s major cost optimization programs, as well as preparing program guidelines, RACI, and ways of working to support the program. This is an amazing opportunity to interact with cross-functional senior stakeholders in Barclays Businesses, functions and Procurement and show yourself as a trusted business partner and advisor.

To be successful as a Procurement Strategy Lead, VP for major engagements, you should have experience:

• In a senior-level role in a Procurement or Supply Chain function, multinational banking or a heavily regulated industry

• Experience leading a cost optimization program

Other highly valuable skills and experience include:

• Graduate degree (MBA or equivalent)

• Experience in banking across multiple divisions, including Consumer Banking, Investment Banking, Private Bank and Wealth Management and Corporate Banking

• Background as Consultant in Procurement or Sourcing practice at major firm

• Confirmed experience in leading major transformation program(s)

• Experience in preparing and delivering presentations to senior-level-executives

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in Whippany, New Jersey.

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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

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.