Director of Sourcing & Supplier Management

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, licensure, experience, and education.

Our competitive compensation is just one component of Osaic's total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits.

Summary:

Provide daily oversight of all supplier engagements, processes, systems throughout the supplier's lifecycle. This includes but is not limited to supplier sourcing engagements, requests for proposals, supplier selection, contract negotiations, supplier relationship management, and supplier termination or off boarding. Demonstrate best in class practices with managing supplier relationships, modeling proper supplier issue resolution, and supplier performance. Manage supplier intake with stakeholders on category of spend strategies to ensure alignment with preferred suppliers and overall supplier management strategies. Ensure supplier engagements have a complete cost of ownership and cost model for stakeholders and decisioning. Ensure supplier's contracts are aligned to the business's requirements.

Education Requirements:

Bachelor's Degree from accredited university in a Business or Finance Related Field

Responsibilities:

• Directing the personnel, systems, workflows, standards, and processes for the sourcing to contracting lifecycle

• Managing a team that supports the organization with the sourcing to contracting lifecycle, ensure alignment with strategies and Organizational goals.

• Ensuring best in class Sourcing and Supplier Management standards are implemented, maintained, and adjusted as necessary to achieve goals and strategies.

• Provide oversight and direction with contracting, contract negotiations, contracting issues, TCO and cost models to ensure an efficient process and end user experience.

• Provide direction and oversight across the Organization with best practices including root cause analysis with supplier management issues and challenges including supplier performance.

• Establish and maintain stakeholder expectations with business leaders and ensure the team exceeds expectations with delivering services.

• Establish and maintain a category of spend strategy and incorporate throughout the sourcing to contracting lifecycle that results in reducing our supply base and optimizing our existing suppliers

• Ensuring sourcing and supplier management processes, workflows, and standards are aligned with vendor risk, project management, legal, and technology stakeholder requirements.

• Support merger and acquisition activities aligning supplier bases and achieving cost reductions

• Thrive in a fast-paced, ever-evolving work environment.

• Utilize logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

• Communicate to others to convey information effectively as well as communicating effectively in writing as appropriate for the needs of the audience.

• Incorporate your knowledge of shared services industry trends, directions, major issues, regulatory considerations and trendsetters.

• Incorporate your knowledge of and ability to utilize processes, tools, and techniques for detecting, addressing and preventing fraudulent situations.

• Utilize your creativity and alternative thinking to develop new ideas for and answers to work-related problems.

• Consider the relative risks and benefits of potential actions to choose the most appropriate one.

• Be a financial steward on how money will be spent to get the work done, account for expenses compared to budget and potential budget impacts.

• Understands motivating, developing, and directing people as they work, identifying the best people for the job.

• Utilize your ability to develop constructive and cooperative working relationships with others and maintaining them over time.

• Incorporate a customer service-oriented function, actively looking for ways to help people.

• Knowledge of functions, features and applications of Microsoft Office; ability to use the cross-functional features of its applications to enhance overall organizational efficiency.

Basic Requirements:

• 10-15 years of experience leading supplier management, commodity management, or managing categories of spend functions

• 10-15 years of experience leading Supplier Management functions in the financial services industry

• 10-15 years of experience directing sourcing and contract life cycle management systems

• Certifications in Supplier Management, Supply Chain Management, or Commodity Management. examples include ASCM (APICS), CPSM, CSMP, etc...

Preferred Requirements:

• 15 plus years of experience leading supplier management, commodity management, or managing categories of spend functions

• 15 plus years of experience leading Supplier Management functions in the financial services industry

• 15 plus years of experience directing sourcing and contract life cycle management systems

• Additional certifications in project management, stakeholder management, contract negotiations, and the like

• Additional certifications with Vendor Risk Management, Project Management Office