Sourcing Manager

Sourcing Manager

Fortune 100 financial services organization that is the leading retirement provider for people who work in the academic, research, medical and cultural fields.

Job Description

Our client is looking for a Sourcing Manager in Charlotte, NC, who will work directly with business stakeholders and other team members to develop and execute sourcing strategies that will deliver continuous cost, performance and process improvement. The ideal candidate will have a strong background in sourcing professional services with an emphasis on Marketing, Print, and HR services, including offshoring/outsourcing. Job responsibilities include developing sourcing strategies, supplier negotiations, supplier selection, due diligence, contract development and execution, risk and compliance evaluation, financial structuring, translating business requirements to clear contract scope of services and deliverables, and development of service level methodologies and relevant service level agreements.

Key Duties & Responsibilities:

• Responsible for supplier selection and the development of data analysis and requirements for informed supplier decisions
• Manage the execution of request for proposals, bid analysis, and contract development and negotiation
• Establish and nurture relationships with key business stakeholders to facilitate formulation and execution of long term sourcing strategies establishing clear and measurable goals focused on continuous improvement
• Serve as subject matter expert for best-in-class procurement practices and tools, and experienced in working with numerous cross-functional disciplines such as information security, compliance, risk management, supplier risk, and law
• Identifies and executes new or creative approaches, strategies and processes to address a business need
• Develop policies and procedures and lead negotiations with key business partners and identified suppliers to manage demand for spend and ensure the best quality, service and cost to achieve business objectives
• Develop and manage internal customer relationships and manage leadership expectations

Qualifications

• Candidate should be knowledgeable of the Financial Services and Insurance Industry as well as having current and in-depth knowledge of key services providers of business process outsourcing services and contracting best practices relating to the Insurance and Financial Services industries.
• Interactions / Interpersonal Skills: Describe the nature and level of interactions this job has with others, both internally and externally. Explain any specific interpersonal skills necessary to successfully perform this role (i.e., negotiation skills, represents business at external events or to governmental bodies, etc.).
• This role requires extensive interactions with various business groups including control partners such as Law, Compliance, Supplier Risk, Information Security, Corporate Security, Tax, HR, etc. Therefore, candidate should possess strong skills in relationship building, negotiation, communication, coupled with diplomacy and professionalism.
• Required Education: BA/BS
• Preferred Education: Masters
• Required Experience: 5-10 years
• Preferred Experience: 10+ years

Additional Information

All information will be kept confidential.