Senior Strategic Procurement Advisor
Works independently to execute category, commodity or supplier specific sourcing strategies for high complexity transactions and drive this across functional organizations and business units to affect policies, processes and procedures having an impact on revenue and profitability.
Creates and administers supplier request for proposals (RFPs).
Performs market research and analysis to understand and document competitive supplier landscape, service capabilities, and opportunities.
Serves as a trusted adviser to the business unit in all acquisition related matters, from pre-award strategic planning to contract close out actions.
Collaborates with internal teams, including the business unit, legal, privacy, and information security to align procurement strategies with business goals and project requirements, and ensure sourced materials meet all required specifications and company guidelines.
Fosters strong relationships with key suppliers to enhance collaboration, communication, and partnership.
Performs a full range of contracting duties and responsibilities, which include redlining, negotiation and award, gathering subject matter expert feedback, contract modification, resolution of performance problems and complex payment issues, and contract termination.
Resolves supplier issues that arise and escalates issues as needed to Senior Management.
Performs program management activities for procurement-owned programs, as applicable to the commodity area. Duties include but are not limited to: managing catalogs, researching new suppliers, maintaining relationships, and identifying savings and value add opportunities within managed programs.
Makes continuous improvement recommendations to relevant processes, procedures, policies and systems.
Other duties as assigned.
Bachelor’s degree in business administration, operations management, or other directly applicable field or equivalent education/experience.
At least 5 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.
Global perspective and experience working with diverse customers and suppliers.
Experience in a shared services environment.
Experience in the financial services industry.
Experience managing suppliers with global product/service provisioning models.
Experience across multi-functional business processes.
Experience working with various electronic procurement tools.
Experience with software as a service (SaaS) agreements.
Experience in corporate services procurement (i.e. marketing, HR, office supplies, etc.).
Commuting Remote employees will need to report to a Company office location at times, but will perform their work primarily remotely.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The Salary for this position generally ranges between $75,000 - $100,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.