Head of Sourcing, Group Procurement

Job ID: 10840
In today’s world, change is the one thing you can count on. But whatever the future brings, our customers remain at the heart of everything we do. We aim to be courageous and explorative in our approach to innovating better ways of delivering banking services – anytime, anywhere. This means you’ll have many opportunities to learn and grow as you build your career with us.
About this opportunity
Group Procurement owns and executes the full Source to Pay process for the Bank. Group Procurement is part of Group Finance with reference to the Group CFO. We contribute to the Bank’s cost, compliance and sustainability agenda and play an important role in reaching the targets of the Bank’s 2025 strategy. We engage with our stakeholders to ensure an aligned and strategic view across the Group on how to source the different groups of commodities and manage the sourcing pipeline. In essence, we are accountable for ensuring that all agreements that are entered into are commercially competitive while safeguarding that risk and regulatory requirements are managed.

We are now looking for an experienced leader to head up our Sourcing team and take on the role as the Chief Negotiator in Group Procurement.

This is an opportunity for you to work as the value-adding bridge between the internal needs of Nordea business stakeholders and the external supplier market, thereby contributing to the competitiveness and financial targets of Nordea. You will lead the Sourcing team who drives tenders and re-negotiations with external suppliers ranging from low value/low risk engagements to the largest mission critical partnerships in Nordea. Your working environment will be dynamic, fun and fast-paced with colleagues across a variety of countries and banking areas.
You will be part of the Group Procurement management team and cooperate closely with other teams to achieve the goals of Group Procurement. You will report into Head of Group Procurement located in Denmark.
Your future responsibilities
You will lead the Sourcing Unit of 25 highly skilled sourcing managers divided into three teams located in Denmark, Poland, Sweden, and Finland. Each team has a team leader who will be reporting to you. You will also assume the role as the Chief Negotiator and lead the largest and most complex supplier negotiations while ensuring negotiation capabilities are developed and maintained throughout the team. The sourcing projects you will be responsible for cover a spend base of EUR 1b.
In brief, you will:
You will be measured on savings and value generation according to our defined methodology. In addition, you will be measured on project lead time and process compliance.
Who you are
Collaboration. Ownership. Passion. Courage. These are the four key values that guide us in being at our best. We imagine that you enjoy learning and are excited about bringing your ideas to the table. You’re self-driven, dependable, willing to go the extra mile to achieve ours and business stakeholder targets, and committed to empowering others.
We are looking for a proactive, energetic and result-driven individual to take our Sourcing team to the next level.
To succeed in this role, you have a superior understanding of sourcing and contracting processes, from managing efficient operation for low value/low risk engagements to leading the largest and most complex engagements. This means that you master commercial models, pricing schemes, business case management, TCO/TVO etc., and you have a proven track record as a negotiator on strategic and tactical level. You have a solid understanding of risk & compliance, e.g. third party risk management including information security, business continuity, sustainability etc., and you are able to implement regulations into operational procedures. Finally, it is crucial that you are able to manage your stakeholders efficiently at all organisational levels up to the senior leadership.
Your profile and background:
If this sounds like you, get in touch!
Next steps

Please submit your application no later than 24/06/2022. For more information, you’re welcome to contact Tuulamaija Onninen, [email protected].
At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are. You can read more about us, our business and our focus on integrating sustainability into everything we do at Nordea.com.

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