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About the role
Key responsibilities & impact- Responsible for managing all demand management and supply management activities for categories of spend
- Drive collaboration with key business/executive partners
- Manage pipeline of projects for the team and ensure project delivery
- Develop and execute category strategy
- Build strong relationships with internal customers and industry suppliers
- Lead cross-functional teams in development of category specifications, RFIs, RFPs, and contracts
- Perform market data analysis for negotiations and supplier selection
- Ensure best practices in the sourcing process are followed
- Remedy inconsistent vendor performance and improve vendor performance and spend allocation
- Promote risk excellence and compliance with bank policies
Requirements
What you’ll need- A Bachelor’s degree is required
- 6 to 10 years of relevant experience in sourcing (and related functions) with regulated organizations known for the strength of their operational, customer service, and risk excellence
- Knowledge of the market, suppliers and cost drivers
- Demonstrated experience with managing matrixed supplier relationships
- Direct management experience of a sourcing/procurement team function with strategic development responsibilities in Financial Services and/or heavily regulated industry
- Ability to learn content quickly and apply a strategic lens to category spend
- Ability to engage and communication with internal and external stakeholders
- Track record of success in supplier consolidation and driving spend to preferred suppliers
- Subject Matter Expertise in strategic sourcing methodology and techniques
- Demonstrated ability to develop client relationships
- Proficient analytical skills
- Proficient written and verbal communication skills
- Proficient project management and time management skills
- Proficient business acumen
- Proficient negotiation and influencing skills
- Proficient interpersonal skills with the ability to communicate effectively at all levels, particularly at the management level
- Self-motivated, with executive presence and presentation skills.
Benefits
Comp & perks- medical, dental, vision, life insurance
- disability
- accidental death and dismemberment
- tax-preferred savings accounts
- 401k plan
- no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status)
- 10 sick days (also prorated)
- paid holidays
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
sourcingprocurementmarket data analysiscategory strategyRFIsRFPscontract managementsupplier selectionstrategic sourcing methodologyvendor performance management
Soft Skills
collaborationrelationship buildingcommunicationproject managementtime managementbusiness acumennegotiationinfluencinginterpersonal skillsself-motivation
Certifications
Bachelor’s degree