Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world’s leading banks.
At Allegis Global Solutions we’re proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we’re incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.
Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.
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 the bank’s 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
- 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
- Lead complex deal negotiation including Outsourcing, where the inherent risk is medium to High
- Manages complex competitive sourcing tender with high deal value without supervision
- Proactively looks for opportunities to create value in the organisation, leveraging cost optimisation
- 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.
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
- Operate in compliance with mandated sourcing processes, policies and procedures.
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 the Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
Key Stakeholders
- Key stakeholder interactions are Global Business / Function Heads – Notably WRB / TTO
- SCM regional teams; Cluster Heads, Country Support
- Cross functional teams during strategic sourcing events. This includes, but is not limited to, Business stakeholders, Legal, Compliance, Tax and Finance.
Other Responsibilities
- Ensure sourcing compliance as per Third Party Risk Management policy
Requirements:
- Good educational background, ideally to Degree in Purchasing, Supply Chain Management, Economics or Business Administration.
- At least 4-6 years’ working experience in strategic sourcing procurement in Technology or Corporate Services categories (including Business Process Outsourcing, 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
- Fluent in English.
- Chinese / Korean Language Skill is a significant advantage
