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Citizens · 5 months ago

Sourcing Lead

One Citizens Bank Way, Johnston, RI, 02919, US

Full-time

Onsite

Senior Level, Lead/Staff

Citizens is currently transforming its sourcing experience and is seeking a Sourcing Lead to partner strategically with business line executives. This role focuses on driving cost savings initiatives, overseeing spend activities, and executing sourcing strategies to improve value from third-party relationships.

BankingCredit CardsFinancial ServicesFinTechRetail

Responsibilities

Assist in the development of commodity strategies to achieve cost savings and improve quality and service levels by identifying opportunities and sourcing strategies for strategic/complex negotiations

Oversee all spend activity for assigned commodity and determine proper action plan for all purchases that meet Procurement involve threshold

Join and potentially lead cross-functional teams to execute sourcing initiatives including the competitive bidding process and contract negotiations; ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework

Provide Category Procurement subject matter expertise for the associated business/function; effectively work with functional and business groups as a trusted advisor to determine desired product/service specifications and projected demand when making recommended action plans

Maintain current with the industry supply base and industry trends with the objective to develop innovative solutions to complex problems

Proactively identify improvement opportunities for assigned category areas and recommend key actions; utilize analytical thinking and tools to identify new benefits generation; prioritize projects to ensure demonstrated impact to the business

Qualification

Strategic SourcingContract NegotiationFinancial Services KnowledgeAnalytical ThinkingCross-functional Team Leadership

Required

Bachelor's Degree and/or Equivalent Experience

Strategic Sourcing and/or Contact Center Experience

Company

Citizens

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At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.

Founded in 1828