First Abu Dhabi Bank (FAB)
Location
Bangalore | India
Job description
Company Description
FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.
FAB GBS India is looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.
Job Description Job Purpose: The SVM Project Manager is responsible for executing strategy for aligning the demand/supply (i.e. procurement) of goods and services for specific sourcing category area of responsibility at GBS, fully in coordination with respective SVM HO authorities.
The SVM Project Manager will deliver measurable and demonstrable value to the Organization by using strategic sourcing, commercial and legal negotiations, contract enablement, and life-cycle management for specific sourcing category areas of responsibilities at GBS, fully in coordination with respective SVM HO authorities.
The SVM Project Manager will be responsible for the compliance of all Country (India) wide regulatory requirements related to sourcing goods and Services at GBS, fully in coordination with respective SVM HO authorities.
Key Accountabilities - The SVM Project Manager is responsible to ensure suppliers and contracts are delivering value for money, minimizing risk, and improving service and social objectives for the categories of responsibility at GBS, fully in coordination with respective SVM HO authorities.
- Provides leadership and accountability, ensuring process compliance and delivering optimal sourcing benefits from category management at GBS, fully in coordination with respective SVM HO authorities.
- Ensures best commercial value is negotiated and obtained for purchases. Specifically prepare requests for quotations, negotiate, select and identify most appropriate supplier (price, quality, conditions…) in collaboration with requesting department at GBS, fully in coordination with respective SVM HO authorities. Also negotiate contracts with legal department.
- Ensure that all country wide regulatory requirements are met in compliance with segment wise need and necessities at GBS, fully in coordination with respective SVM HO authorities.
- Works with the Category Manager and Head of Sourcing to define FAB GBS Category strategy, setting performance objectives and monitoring progress. Also actively engaging with and securing support from key local stakeholders (Finance, HRG,) at GBS, fully in coordination with respective SVM HO authorities
- Collaborates with stakeholders to create, manage, and execute category plans e.g., at GBS, fully in coordination with respective SVM HO authorities:
- Develops annual category sourcing plans through detailed analysis of contracts, spend analysis, usage patterns, future demands, and benchmark data ensuring full alignment between FAB requirements and SVM targets.
- Lead transformational change through category strategies to include demand management, specification review, and 'grouping' of similar goods and/or services using catalogue management techniques.
- Ensure that SVM Sourcing Management at GBS is aligned with FAB corporate Strategies, in cooperation with business planning and strategy and delivers results to the bottom line.
- Ensures that market intelligence is updated regularly and - ensures that any changes are updated in the category strategy and the appropriate steps are taken accordingly to mitigate any potential impact that this information may have to the organization at GBS, fully in coordination with respective SVM HO authorities.
- Monitors and reports all strategic savings on a monthly basis to the Head of Sourcing, SVM HO.
- Continuously reviews category management information to identify 'new opportunities' to minimize any potential savings gap at GBS, fully in coordination with respective SVM HO authorities.
- Provide expertise, leadership and support to FAB organizations to drive overall productivity program, promoting best practice sharing, benchmarking, market intelligence, etc at GBS, fully in coordination with respective SVM HO authorities.
- Actively participate and contribute to the development of SVM as a value adding function within the FAB organization through empowered and experienced stakeholder management at GBS, fully in coordination with respective SVM HO authorities.
Qualifications - English, Hindi, Kannada desirable.
- 8 to 10 years plus demonstrable sourcing category management experience, including writing and executing sourcing category strategies
- Demonstrable experience managing sourcing portfolios of $10-30m plus
- Strong communication and interpersonal skills to work with senior level stakeholders to build trusted relationships
- Ability to align with business strategy and engage Senior Management to reinforce the value of SVM
- Can operate in a multi matrix, performance driven structure, able to lead cross-functional projects
- Hands on Management style for projects and management of third parties, able to get involved as needed to offer support in group BU operations.
- Strong change agent, with the ability to make things happen, gain traction quickly and motivated by successful delivery
- Excellent Communicator (verbal and written) and strong negotiator who can effectively manage relationships that are widely dispersed both functionally and geographically.
Skill Set - Well experienced in Managerial Level.
- Thorough knowledge in Sourcing project practice and regulatory compliances.
- Well experienced in Direct & Indirect sourcing practice and deliverables.
- In-depth knowledge in Products & Services.
- Engage with supply chain and procurement experience.
- Experience in IT& IT Enabled Services (Finance) Industry.
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