Sourcing Specialist/Manager

What is the opportunity?

This is an exciting opportunity for a sourcing specialist to assist to the long-term sourcing strategy of the Bank through the development sourcing strategies which bring value and drive procurement efficiency.

This role involves identifying and evaluating suppliers to ensure quality and compliance, handling requests for proposals and quotations to facilitate bidding, and supporting contract discussions and administration to safeguard the bank's interests.

In this role, you will;

• Conduct research to identify potential suppliers and capture data on their capabilities, pricing, and compliance with quality standards.
• Assist in evaluating supplier proposals and conducting due diligence to ensure alignment with the bank's requirements.
• Prepare and manage sourcing documentation such as RFP documentation.
• Analyse supplier RFP responses and compile comparison reports to support decision-making.
• Support the negotiation and drafting of supplier contracts and ensure they are accurately detailed and maintained in the procurement system.
• Assist in running day-to-day supplier interactions and resolving issues that arise.
• Maintain up-to-date records of supplier contact information and performance metrics.
• Conduct ongoing market research to stay informed about industry trends, pricing, and new supplier offerings.

What will make you stand out?

The successful candidate will have significant experience working within procurement, sourcing or supply chain management ideally within the financial services sector. You will have knowledge engaging with suppliers, managing the day-to-day communications and resolving any issues.

A great understanding of the sourcing regulatory requirements and compliance issues with experience of procurement software and tools such as Coupa etc

Experience with any of the following will help you to stand out but is not necessary in order to apply for this role;

• Knowledge in a relevant field such as Business Admin, Supply Chain management or Finance
• A professional qualification in Procurement is desirable e.g., CPSM, CIPs IIPMM.

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More about the team

Group Procurement & Partner Management is a Bank of Ireland Group-wide function that provides Strategic Sourcing, Category Management, Partner Relationship Management, Supplier Risk Management & Governance and Procurement Services & Transformation support to all Divisions and Business Units. Group Procurement is part of Group Technology & Customer Solutions.

This job can be done anywhere in Republic of Ireland with the primary office location as Dublin to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.

#li-hybrid #ij-hybrid

Why work with us?

The Bank of Ireland company environment prioritises work-life balance with an opportunity for flexible working, along with 23 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and improve your career!