Sr. Strategic Sourcing Manager - Banking Industry

Responsible for leading and building a best in class Strategic Sourcing function which includes: developing strategy, policies and procedures; leading and directing a team of sourcing/category managers who specialize in one or more categories; establishing category plans for the collective group of spend categories to drive total cost of ownership savings; leading the development and execution of reporting and tracking mechanisms; reporting on sourcing strategies and performance; optimization of the S2P Coupa tool; driving cross-functional category teams in change management and supply/service continuity; defining procurement requirements, SLAs/KPIs,and operational needs;

Requirements

• High School Diploma, GED, or foreign equivalent required.
• Bachelor’s Degree Preferred in Supply Chain Management, Accounting, Finance, or Business Administration.
• 10 - 15+ years experience in supply chain management, contract negotiation, vendor management, and third-party management within a highly regulated environment for large scale financial/banking, mortgage origination/servicing organizations.
• Ability to productively interact with internal and external levels of management that will include: senior bank officers, vendor account relationship managers, FSB senior and executive level individuals, and/or vendor principles and ownership.
• Ability to work with key business partners and senior leadership to understand strategic direction, supply requirements and corporate business objectives and priorities. Drive thought leadership across all Bank vendor spend and categories providing market and industry intelligence, innovation and best practices.
• Ability to deliver consistent delivery of positive results to ensure strategic direction, operational, regulatory compliance, risk, cost and quality goals are achieved.
• Strong working knowledge and experience with OCC, FFIEC and/or other regulatory guidelines and requirements
• Strong understanding and experience in highly effective supplier/third party management activities: 6- or 7-step Strategic Sourcing process including market analysis, supplier identification, selection, negotiation, contracting, risk management, relationship management, financial management, performance management and contract management.
• Ability to use best judgment and discretion in solving issues and/or satisfying overall Bank together with stakeholder needs when corporate policy and procedures appear absent or silent on the issue(s).
• Analytical and passionate in thinking and building vendor spend and opportunity analyses to drive meaningful cost savings across the Bank.
• Demonstrated capability with excellent verbal and written communication skills, project management, strong analytical and problem-solving skills, multi-tasking in a fast-paced environment and general leadership/management skills.
• Self-motivated, takes initiative and has the ability to effectively organize, multi-task, and prioritize a wide-array of initiatives and consistently deliver timely results.
• Proficient to advanced skills with Excel, Word, PowerPoint and Outlook.
• High integrity and ethics.

Benefits

• Medical, dental, vision, life, and disability insurance
• Comprehensive leave program