MDFM TPSP Analyst

Job Description

Purpose of the role

To manage and monitor supplier risk and performance to meet the requirements of the Barclays Third party Service provider Policy and Standards, through control execution, commercial management, relationship and risk management.

Accountabilities

• Management and execution of the supplier control processes, including oversight of suppliers and their performance, monitoring of KPIs to guarantee expectations are met.
• Collaboration with various stakeholder groups to produce deliverables that meet procurement needs, policies and standards, mitigate supplier risks and issues and ensure supplier relationship align to the bank’s needs and business strategy.
• Identification of suppliers that will provide the right goods and service through market research, capabilities analysis and contract negotiation.
• Identification of industry trends and developments related to supplier management tools and techniques by attending conferences and participating in training.
• Monitoring of suppliers’ control operation to meet Barclays Third party Service provider Management Standards and contractual obligations including quality standards, risk mitigation and commercial activity.
• Collaboration with regulatory teams to support Global regulatory requests/exams/ongoing activity.

Analyst Expectations

• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

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.

Join us as a MDFM TPSP Analyst at Barclays. to optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

To be successful as a MDFM TPSP Analyst you should have experience with:

• Commercial experience and skills.
• Third Party Supplier knowledge.
• Stakeholder management.

Some other highly valued skills may include:

• Risk understanding.
• Market Data Experience.
• Analytical background.

You may be assessed on 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 will be based out of Glasgow.