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Years of Experience
Date Last Verified
ProfileSenior Sourcing Manager, Technology Transformation and Strategic Partnerships - VP The candidate will be reporting to the Director, Strategic Sourcing, the Senior Sourcing Manager is responsible for building strong relationships with their business partners and driving the successful enterprise-wide sourcing, category management and contract execution and delivery of Technology spend categories with a focus on information technology transformation and strategic partnerships, delivering the best value to the corporation while building and sustaining mutually beneficial relationships with suppliers. Provide subject matter expertise and strategic guidance within the vendor sourcing and purchasing areas; develop and instill appropriate sourcing and purchasing process and procedures, as well as ensuring compliance with the overall program; influence and support business owners and other groups across the Bank; lead cross-functional teams in support of the Strategic Sourcing programs; and responsible for all aspects of the development and implementation of the various category spend management across the Bank. Major Responsibilities: Sourcing Execution – Design, implementation and execution of bank-wide Strategic Sourcing and Procurement projects for the Technology Transformation and Strategic Partnerships category ranging from $50 to $200 million in annual spend. Responsible for strategic sourcing execution of assigned category related spend across the Bank. Understand business partner's objectives and business drivers and closely collaborate with business partners while leading the development and delivery of spend category strategies. Provide full and accurate category “market intelligence” by leading and performing in-depth analysis, understanding market drivers, cost structures and advantages on a category level. Responsible for strategic project delivery (value, savings); in addition to measuring and tracking performance relating to spend and budgetary impact. Strategic Sourcing integration with Business Owners – Effectively influence stakeholders and business owners, facilitating the Strategic Sourcing process and compliance with Bank policy and practices. Ensure Strategic Sourcing efforts support business objectives and direction; Establish key internal and external relationships enabling multi-year planning and category strategies, supporting sustainable spend management; Lead cross-functional teams in the execution of sourcing initiatives end-to-end.
Qualification and Experience
The candidate should have Bachelor's degree in IT/Engineering, Business Administration/Finance, or equivalent business experience; MBA or JD degree preferred. Should have 8+ years of Strategic Sourcing and supplier relations experience in Technology Strategic Sourcing with expertise across multiple IT categories. Requires specialized knowledge and experience in work involving advising business line management how best to leverage supplier sourcing to minimize cost, with overall continuous improvement. Experience in using E-Sourcing tools and sourcing events.Excellent technology sourcing and category management skills. Excellent business / financial acumen; understanding cost structures and drivers. Excellent written, graphical and oral communication skills with internal clients, external partners and team members; strong influencing and relationship skills; polished interpersonal skills.