Salary
💰 $100,000 - $150,000 per year
About the role
- Operates independently while ensuring procurement is executed in accordance with the established procurement governance framework and divisional objectives
- Partners with the Manager of Sourcing to provide end to end category procurement, category strategy, commodity sourcing, contract negotiation and supplier management support
- Assess supplier capabilities, sourcing opportunities, contract negotiation, stakeholder management, and provide supplier management support
- Hire, train and develop staff to achieve sourcing & supplier management objectives; conduct performance reviews and administer pay
- Recommend and implement category procurement and commodity sourcing strategies to achieve strategic plans
- Lead cross functional teams to develop and execute local or global strategies covering categories and commodities
- Implement and execute the sourcing and supplier management program including develop RFx proposals, evaluate options, negotiate contracts, transition and monitor suppliers
- Partner with Divisional Leadership to develop effective supplier relationships that ensure high performance and competitive pricing
- Establish relationships with suppliers and stakeholders; drive two-way exchange of information related to strategies, priorities, requirements, and disputes
- Negotiate contract provisions and draft contract language for initial agreements and amendments; interpret contracts and participate in contract change negotiations
- Monitor fulfilment of contractual obligations and supplier performance; facilitate communications to ensure business expectations are met
- Identify and implement continuous improvement opportunities across Sourcing & Procurement
- Expected travel: 25% domestic or international
- Includes supervisory or budget responsibility
Requirements
- Bachelors degree in business administration, operations management, or other directly applicable field or equivalent education/experience
- Broad business perspective with 8 years of experience in category procurement, strategic sourcing, supplier management and contract management
- Experience with the supplier identification, selection and negotiation process
- Knowledge of supplier management best practices and industry trends
- Exceptional written, interpersonal and verbal communication skills requiring a balance of assertiveness, tact and diplomacy; demonstrated ability to lead difficult conversations and collaborate, facilitate, and achieve consensus amongst key stakeholders
- Ability to work effectively and cultivate strong relationships across all levels of the organization and with external parties
- Ability to work with teams across geographically dispersed locations
- Ability to effectively manage ambiguous situations and drive towards clarification
- Demonstrated ability to influence others and drive change
- Proven analytical and problem-solving skills, with a keen attention to detail
- Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment
- Self-motivated with a positive attitude; Strong business acumen and demonstrated ability to put strategic plans into operation
- Proven ability to manage multiple projects and support activities within a single job function
- Preferred: Global perspective and experience working with diverse customers and suppliers
- Preferred: Experience in a shared services environment
- Preferred: Experience in the financial services industry
- Preferred: Experience managing suppliers with global product/service provisioning models
- Preferred: Experience across multi-functional business processes
- Preferred: Experience working with various electronic procurement tools