Sourcing Manager

Job ID: 25826 

Are you ready to join a dynamic team with an ambitious agenda poised to safeguard Nordea’s commitment to regulatory excellence while enhancing our sourcing and contract management practices? As we navigate a dynamic and evolving financial landscape, compliance with regulatory requirements is of paramount importance.

We are now looking for a Sourcing Manager who will support the New York Head of Vendor Management and play a pivotal role in managing Nordea’s supplier portfolio, ensuring regulatory compliance and risk mitigation, all while uplifting our overall supplier management capabilities.

In Nordea, we know that great customer experiences require a team that leads the way in first-class service and operations. We’re more than just a Nordic bank, we’re one of the largest employers in Poland. With us, you’ll work with skilled, international teams in a bright, modern office. The lively and collaborative atmosphere offers plenty of opportunities to learn and grow as you build your career with us.

About this opportunity

Welcome to the Supplier & Contract Management team. We add value by proactively balancing risk, cost, and value throughout the lifecycle of our supplier contracts. As Sourcing Manager you’ll play a valuable role in procurement, collaborating closely with your colleagues and stakeholders in Nordics, Poland and New York, securing that our supplier contracts meet the most updated requirements set by our regulators, and at the same time deliver cost savings, process efficiencies to enable seamless business operations and customer engagement

What you’ll be doing:

• Carry out supplier due diligence and monitoring activities, including handling of sustainability, financial crime and financial health risk alerts, and Supplier Code of Conduct implementation
• Identify, lead and manage sourcing initiatives in close cooperation with stakeholders to deliver cost savings, ensure quality and compliance in line with business strategy
• Coordination with Accounts Payable department to assure that vendors are fully reviewed before initial payment and marked as inactive when services are no longer utilized
• Performance of third party risk assessment activities for our suppliers
• Review of contracts, documenting regulatory requirements and risk mitigation, and coordination with the Legal Department to assure compliance with contract signing procedures
• Managing the periodic review of suppliers and tracking expiring due diligence, insurance, and tax documentation
• Periodic reporting for the International Division regarding vendor management
• Tracking of supplier performance and mitigating actions
• Keep abreast of US and EU regulatory requirements related to supplier management

You’ll join a a diverse and dedicated team where good results and respectful collaboration go hand in hand. The role is based in Łódź.

Who you are

Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.  

To succeed in this role, we believe that you:

• Demonstrate exceptional analytical, communication, and presentation skills to identify gaps and propose effective solutions
• Pay meticulous attention to detail and can maintain structure with large datasets
• Understand the Procurement value chain and are eager to apply this knowledge in a new setting
• Have the ability to streamline and improve processes in a regulated environment
• Have good teamwork skills and at the same time, you are able to work independently and balance multiple priorities concurrently
• Have a high degree of understanding of stakeholder management, and are comfortable working in an international company with a diverse culture and daily interaction with many different nationalities
• Have the flexibility in working hours due to time zone differences between Europe and US, when needed

Your experience and background: 

• At least 2 years experience working in sourcing, risk management or legal (specifically related to supplier contracts)
• Strong Microsoft Office experience, particularly in Excel
• Strong analytical skills, and the ability to understand risk models, weighting, and scoring
• Excellent written and spoken English and strong interpersonal skills
• Ability to work independently, achieve deadlines, and communicate challenges
• Eagerness and ability to learn about unfamiliar risk management areas, and to apply new risk management concepts and tools in your work
• Hold a relevant bachelor degree within e.g. Finance, Law or Business Administration or equivalent work experience from within Procurement, Contract Management, Supplier Management, Risk Management, Know Your Customer, Legal or similar functions
• Experience with sustainability, supplier monitoring, alerts handling, operational risk management concepts, measures, and regulatory frameworks will be considered an advantage but not a strict requirement

If this sounds like you, get in touch!

Next steps

Submit your application no later than 29/09/2024. 

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.

Please include permit for processing personal data in CV as following:

In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp.

The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf

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