Role: IT Strategic Sourcing (Sr Associate)
Employment: W2 only
Experience: 7 to 12 years
Locations: Jersey City, NJ & Tampa, FL
Work mode: Hybrid
Primary Responsibilities:
- Support the Sourcing team’s partnership with the business customers to deliver on the organizational sourcing strategy to meet financial and operational control objectives.
- Manage relationships with suppliers to foster strategic partnerships that enable continuous value-delivery.
- Oversee the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.
- Pro-actively manage renewals to drive savings and mitigate business disruptions.
- Participate in value driven QBRs for key IT vendors
- Leverage spend and contract data to identify savings and efficiency opportunities.
- Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits.
- Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback
- Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals.
- Review requests via centralized intake tool and gather requirements from business clients.
- Review supplier proposals and facilitate process for final vendor selection with appropriate customers
- Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals
- Initiate supplier onboarding process and coordinate with suppliers to facilitate onboarding process; manage any required troubleshooting
- Coordinate with customers to provide general insight to current request status and expected timeline
- Work closely with corresponding Sourcing Directors to ensure comprehensive understanding of category strategy, requirements and targets
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- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; increases appropriately
Qualifications:
- Minimum of 6 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
- Minimum of 7 years of IT Strategic Sourcing and Category Mgmt. at a global organization, preferably in financial services.
- Experience and proven success developing RFXs and negotiating HW, software, telecom/networking, private cloud, public cloud, and IT professional services contracts.
- Knowledge of enterprise IT vendors as well as emerging technology providers.
- Strong organizational competency with the ability to independently manage competing priorities.
- Comfortable with organization change and transformation.