ING

Financial Services

SeniorCategoryManager

London, United Kingdom FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Senior Category Manager at ING. Skills: Category management, Procurement, Stakeholder management, Contract negotiation. Manage a category or categories for value optimisation. Ensure timely delivery of procurement projects”

What You'll Achieve.

Maximise business benefits from vendors; Value optimisation; Timely delivery of procurement projects; Deliver end-to-end commercial, contractual and relationship lifecycle value; Significantly improve commercial performance; Mitigate all related risks; Contribute to team’s KPIs (P&L Savings, Benchmark Savings, managed spend coverage, regulatory delivery, use of market intelligence, use of internal tools/systems)

Industry & Context.

Financial Services

What They're Looking For.

Must Have

Experience of working in a Procurement department within a regulated business, Ability to manage projects in other categories, Flexibility, Adaptability, Proven influencing skills, Ability to quickly and easily build relationships at all levels, Working at pace when required, Understands procurement processes and systems, Degree level educated

Nice to Have

European headquartered banking experience, Full knowledge of the regulatory aspects of Banking Procurement such as EBA Sourcing Guidelines, DORA, AI Act, etc., Team leadership experience or potential, Procurement qualifications, True understanding of strategic and tactical procurement, contract development and negotiation and category management and related principles

What You'll Do.

Manage a category or categories for value optimisation

Ensure timely delivery of procurement projects

Gather external market knowledge

Build key supplier relationships

Identify optimisation opportunities

Negotiate contracts with suppliers

Complete contract renewals

Develop and implement annual category plans

Maintain annual calendar of activities

Lead the procurement process

Manage commercial aspects of supplier relationships

Manage end-to-end Procurement lifecycle

Understand regulatory environment

Work with Global Technology Procurement Team

Implement global strategies and projects

Represent UK in Global Technology Procurement Community

Build and maintain relationships with support functions

Build and maintain professional relationships with supplier network

Mentor other members of the Procurement Team

Assist Head of Procurement in strategy implementation

Contribute to team KPIs

How You'll Work.

Team & Collaboration

Work closely with ING Global and WB Procurement; Work with various business partners; Stakeholder relationship building; Build and maintain relationships with support functions (Finance, Legal, Compliance, Risk, IT Security); Work with the Global Technology Procurement Team; Represent UK in Global Technology Procurement Community

Process & Methodology

Manage procurement projects

Full Job Description

The Procurement department manages ING's external spend and suppliers and works closely with ING Global and WB Procurement as well as with the various business partners who benefit from our services . The main objective of the Procurement department is to maximise the business benefits ING gets from its vendors. We buy the full range of products and services from IT, Market Data, banking systems, consulting, recruitment, facilities services, energy. We also manage the Know Your Supplier process, ensuring that suppliers are fully qualified and therefore **Roles and responsibilities:** **Category management – Technology focus** * Sourcing/Procurement: Manage a category or categories to ensure value optimisation and timely delivery of procurement projects through both strategic and tactical activities, including the following: * Stakeholder relationship building to ensure internal needs are identified and met * External Market knowledge gathering including building key supplier relationships * Current state analysis to identifying optimisation opportunities * Contract negotiation with suppliers * Complete all required contract renewals, terminations, amendments and moves as applicable * Development and implementation of annual category plans reflecting elements of sourcing, budget and market information to determine the strategic direction of the category * Maintain annual calendar to include contract renewals, reporting activities, budgeting, etc. * Following the end-to-end Procurement lifecycle process for the Market Data subcategory, from business requirements to contract execution & performance management * You will lead the procurement process, providing direction and oversight to leverage the category spend through robust contract negotiations, supplier selection and management of the commercial aspects of the 3rd party supplier relationships * Ensure that the above delivers end-to-end commercial, contractual and relationship lifecycle value, in the eyes of key s

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