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Senior Category Director – Sourcing Strategy, Enablement
TruistSenior Category Director managing sourcing strategy for Truist's procurement team. Overseeing strategic sourcing processes and optimizing supplier relationships while ensuring compliance and risk management.
About the role
Key responsibilities & impact- Effectively manage a direct team of Strategic Sourcing Category Directors and Managers within assigned categories
- Oversees the implementation of category strategies within his/her portfolio to optimize business efficiency and ensure the highest level of service delivery, and institutionalizes best-practice processes and policies knowledge sharing with team
- Provide clear direction and expectations of indirect reports across all support groups within the end to end sourcing process and Sourcing Objectives
- Partner with Business Leaders and Executives to ensure that sourcing strategies/category plans are aligned with the Business Goals
- Attracts, retains, and promotes top talent, with a strong focus on diversity and builds a robust slate of credible successors for key leadership positions and for opportunities across Truist
- Promote risk excellence and sound risk management as the first line of defense by driving and aligning with bank-wide policies
- Partners with the Truist executive leaders to improve efficiency, effectiveness, and productivity, control, consumption and material cost reductions as measured and compared with world class benchmarks
- Represent Truist in dealings with clients/balance of trade and external bodies such as regulators and government agencies
- Implement process improvements in all phases of the source-to-pay life cycle, supplier rationalization, volume aggregation, preferred vendor programs, product/service requirements and demand management to reduce supplier costs and proactively manage third party related risks
- Establish and drive supplier diversity sourcing and supplier relationship management programs to maximize performance, value and ensure contract terms and outcomes are me.
Requirements
What you’ll need- Bachelor’s degree
- 15 years of increasingly progressive Procurement, AP, third party risk, corporate services, spend management, consulting, and Strategic Sourcing experience
- Direct management experience of a function with strategic development responsibilities
- Demonstrated leadership capabilities in team development and thought leadership
- Strong analytical skills
- Strong program and transformation management skills
- Strong business acumen
- Exceptional negotiation and influencing skills
- Exceptional interpersonal skills with the ability to communicate effectively at all levels; particularly at the management level
- Executive presence and effective presentation skills
- Proven track record of delivering material cost savings
- Highly self-motivated with the ability to drive change in a matrixed organization with minimum supervision.
Benefits
Comp & perks- medical
- dental
- vision
- life insurance
- disability
- accidental death and dismemberment
- tax-preferred savings accounts
- 401k plan
- 10 days of vacation
- 10 sick days
- 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
ProcurementStrategic SourcingSpend ManagementThird Party Risk ManagementProcess ImprovementSupplier Relationship ManagementNegotiationCost SavingsProgram ManagementTransformation Management
Soft Skills
LeadershipInterpersonal SkillsCommunicationAnalytical SkillsBusiness AcumenInfluencing SkillsExecutive PresencePresentation SkillsTeam DevelopmentSelf-Motivation
Certifications
Bachelor's Degree