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Chase · 2 months ago

Category Sourcing Manager - Global Technology, Vice President

1111 Polaris Pkwy, Columbus, OH, 43240, US

Full-time

Onsite

Mid, Senior Level

$124K/yr - $200K/yr

7+ years exp

Chase is a leading financial services firm, and they are seeking a Category Sourcing Manager within their Global Technology team. In this role, you will manage an annual budget of $18 billion, focusing on sourcing top-tier technology suppliers and negotiating contracts to optimize commercial relationships while managing third-party risk.

BankingFinancial Services

Responsibilities

Lead the development and execution of multi-year category and supplier spend management strategies, focusing on digital consumer-facing categories and products

Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives

Drive sourcing events: work with stakeholders to define requirements, identify qualified suppliers, execute competitive selection processes, and negotiate contracts

Partner and collaborate with internal business & technology stakeholders, in-house Legal, Risk and Finance teams, and your colleagues in Sourcing

Develop subject matter & market expertise; provide thought leadership

Proactively engage with clients to identify and develop value added opportunities and comprehensive sourcing strategies

Drive cost reduction and savings, supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification

Qualification

Category ManagementMarket ResearchRisk ManagementSourcing MethodologyNegotiationFinancial Services ExperienceLegal AcumenCommunication Skills

Required

7+ years of experience in managing technology categories and spend, with exceptional delivered results

Commercial mindset and negotiation ability, especially relating to software (both on-premise and SaaS) and cloud

Communication skills: ability to communicate effectively with stakeholders and senior management. Explain commercial and contractual concepts, and how value is being delivered

Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format

Risk Management: knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required

Sourcing Methodology: strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process

Bachelor's Degree