Supplier Cost Management Lead

London, Greater London (GBR)
£650 - £834.81 Per Day
6 Months
Start date: ASAP
Ref: HSBCJP00048232

Apply now

Required skills

procurement
cost management
supplier management

Other skills

cost reduction
outsourcing
strategy
project management
change management
control requirements
operations

Job description Posted 08 September 2023

Supplier Cost Management Lead

Rate: £650.00 PAYE / £834.81 Umbrella

London (Hybrid)

6 month contract

HSBC are currently searching for a Supplier Cost Management Lead to join their team in London to assist a review the current cost base and to find innovative solutions that provide a step change. The candidate would be responsible to bring together key stakeholders to participate, own the outcome and help us drive the desired outcome for the bank.

Role Purpose

· Supplier Management for Global Operations is responsible for third party risk, supplier performance, and strategic supplier management.

· The Cost & Supplier Management Lead will lead the development and execution of major global cost reduction programmes, including first generation outsourcing, with responsibility for identifying opportunities, completing detailed discovery, managing the RFP and contracting process, business case development, and leading the implementation phase.

· By leveraging initial efforts to introduce some consistency to supplier management, the role holder will work with colleagues across global businesses, functions, procurement, risk, and compliance to devise and deliver a balanced and measurable approach to how HSBC executes its Supplier Management activities.

· The job holder will bring best Supplier Management market practices to bear at HSBC, delivering a step change in Supplier Management at HSBC.

· The successful candidate will work within the Supplier Management team – developing and implementing Global Operation’s supplier management strategy, building on our supplier management capability with colleagues across Global Operations and Lines of Business.

· The role reports functionally to the Head of Supplier Management and the job holder will need to drive improvements in management and transparency of supplier cost management, providing supplier management support and direction to domain colleagues who are themselves driving Transformation change, maximizing the value that HSBC realises from third party suppliers in line with business, regulatory and control requirements.

· The successful candidate will need to have a strong supplier cost management background with a mix of change management, project management and analytical capabilities. The role holder will be supporting complex projects and have the communication skills to represent HSBC externally and internally with senior stakeholders.

Knowledge and Experience / Qualifications

· Relevant eduational qualification in accordance with local requirements

· Relevant experience in Cost Management or Supplier Management or in a directly related business/function

· Relevant experience of successfully managing significant transformation activity for supplier / contract / cost management

· A solid understanding of cost management best practices

· A good understanding of the business services provided within Operations, the goods / services, third parties and contracts used, how they support the business operation.

· Excellent numerical skills and attention to detail combined with a strong delivery focus and ability to meet aggressive timeframes with quality results

· Excellent planning, organizing skills including project management capability

· Strong influencing / coaching skills

· Strong interpersonal and communication skills

If you are interested, please do not hesitate to apply! Either apply direct or reach out at Mohammed.Wasim@tapfin.com