Technology Sourcing Manager at Barclays: A Strategic Opportunity

Barclays is seeking a highly skilled and driven Technology Sourcing Manager to play a pivotal role in optimizing the company's third-party technology expenditure. This is a significant opportunity for professionals looking to make a tangible impact on efficiency and value across critical technology categories. The successful candidate will be instrumental in shaping and executing sourcing strategies, collaborating closely with business units, and enhancing buying channels.

This role offers a compelling career path for individuals with a strong commercial foundation and a passion for strategic procurement. If you are looking to leverage your expertise in a dynamic financial services environment, this position presents a fantastic platform for growth and influence.

Key Advantages for Candidates:

• Strategic Impact: You will be at the forefront of optimizing Barclays' significant technology spend, directly contributing to the company's financial health and operational efficiency. This is a role where your decisions will have a broad and visible impact.
• Cross-Functional Collaboration: The position demands close collaboration with senior leaders and diverse cross-functional teams. This provides an excellent opportunity to build a robust internal network and hone your stakeholder management and influencing skills.
• Market Insight & Development: You will be encouraged to stay abreast of industry trends, attend conferences, and conduct market research. This commitment to continuous learning ensures you remain at the cutting edge of sourcing techniques and tools, vital for career progression in a rapidly evolving tech landscape.
• Career Development: The description highlights expectations for leadership, advising, and influencing decision-making, along with the potential to lead teams. This suggests a clear pathway for advancement and the development of leadership capabilities.
• Diverse Responsibilities: The role encompasses a wide range of accountabilities, from strategic planning and execution of sourcing events to policy development and risk mitigation. This breadth ensures a varied and intellectually stimulating work experience.

Key Considerations for Your Career Path:

• Commercial Acumen & Analytical Skills: Success in this role hinges on strong commercial understanding and the ability to perform detailed financial analysis, including evaluating total cost of ownership. Candidates with a proven track record in data-driven decision-making and identifying cost-saving opportunities will excel.
• Negotiation Expertise: A core component of this role involves expert supplier negotiations and contract management. Demonstrating a history of building win-win agreements and achieving competitive outcomes will be crucial.
• Stakeholder Management: The ability to effectively influence and collaborate with a range of stakeholders, from senior leaders to operational teams, is paramount. Strong communication and interpersonal skills are essential.
• Risk and Controls Focus: Barclays places a strong emphasis on risk and controls within the procurement cycle. Candidates with experience in developing and implementing robust control frameworks and ensuring compliance with regulations will be highly valued.
• Certifications and Experience: While not always mandatory, a CIPS certification is highly regarded and demonstrates a strong foundation in procurement best practices. Experience in leading complex sourcing initiatives, especially within the technology sector and financial services, will be a significant advantage.
• Adaptability and Transformation: The emphasis on identifying and delivering change opportunities suggests that candidates comfortable with driving transformation and optimizing processes will find this role particularly rewarding.

This Technology Sourcing Manager position at Barclays is more than just a job; it's an opportunity to shape strategic procurement practices, drive significant business value, and advance your career in a respected global financial institution. For those with the right blend of commercial, analytical, and interpersonal skills, this role offers a challenging yet immensely rewarding career path.