Sourcing and Supplier Management Lead

Sourcing and Supplier Management Lead (m/f/d)

As a Sourcing & Supplier Management Lead, you will drive the strategic direction, governance, and operational execution of all sourcing, procurement, outsourcing, and supplier lifecycle activities across the organisation. You ensure that all third‑party arrangements are fully compliant with EU financial services regulations, support the bank’s strategic objectives, and effectively manage risks related to outsourcing, critical dependencies, and supply chain resilience.

Strategic Leadership & Sourcing Governance

• Develop and implement a forward‑looking sourcing, procurement, and supplier management strategy.
• Establish and maintain a robust Outsourcing & Third‑Party Risk Management (TPRM) framework.
• Oversee the bank’s outsourcing register and ensure fully regulatory reporting.
• Drive cost optimisation, value creation, and supply chain resilience.
• Lead the full supplier lifecycle: selection, onboarding, due diligence, contracting, monitoring, performance review, renewal, and termination.
• Ensure full alignment with internal policies and regulatory expectations.
• Define and maintain SLAs, KPIs, and qualitative/quantitative performance metrics
• Conduct structured risk assessments (e.g. concentration, dependency, geopolitical risks)

Regulatory Compliance & Risk Management

• Ensure all outsourcing arrangements comply with:
• EBA Outsourcing Guidelines
• DORA (Digital Operational Resilience Act)
• GDPR & data protection obligations
• Local supervisory authority requirements
• Oversee the execution of due diligence and risk assessments.
• Ensure exit strategies and business continuity plans for critical suppliers.
• Maintain thorough documentation for audits, compliance reviews, and regulators.

Contracting, Commercial Management & Negotiation

• Lead negotiations for complex, high‑value, and critical contracts.
• Ensure contractual provisions meet all regulatory standards (audit rights, access rights, subcontracting, data residency).
• Drive commercial excellence, cost transparency, and value realisation across the supplier base.

Cross‑Functional Leadership & Stakeholder Management

• Act as the central contact point for IT, Operations, Legal, Compliance, Risk, and other business areas.
• Provide senior‑level reporting to Executive Management, Risk Committees, and, where required, the Board.
• Support strategic change programs, transformation initiatives, and regulatory remediation activities.
• Lead and develop a high‑performing Sourcing & Supplier Management team.

Your knowledge/experience:

Technical & Regulatory Expertise

• Deep understanding of EU and national outsourcing regulations (EBA and DORA).
• Strong knowledge of procurement best practices, strategic sourcing methodologies, and supplier relationship management.
• Expertise in risk management frameworks, operational resilience, and third‑party oversight.
• Solid understanding of IT, cloud, and technology supply chains, including material cloud outsourcing.

Leadership & Commercial Skills

• Proven senior‑level experience managing large outsourcing portfolios in regulated financial institutions.
• Strong negotiation skills with proven ability to drive commercial value and mitigate risk. Excellent communicator able to collaborate across business lines and influence senior stakeholders.
• Experience in leading organisational change and maturing TPRM/sourcing frameworks.