PNC · 2 days ago
Strategic Sourcing Director
PA - Pittsburgh (15222)
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expPNC Bank is a leading financial services institution that values its employees as its greatest asset. They are seeking a Strategic Sourcing Director to lead a team in sourcing over $1B in annual spend across various products and services, ensuring optimal supplier selection and contract negotiations to support retail banking business areas.
BankingFinanceFinancial Services
No H1B
Responsibilities
Leads the research, evaluation, negotiation, and selection of suppliers to acquire high-quality, cost-effective goods and services
Manages a team of individual contributors and managers that prepare complex purchasing assignments requiring vendor selection and pricing comparisons
Ensures that the team is consulting with vendors to obtain optimum pricing and contractual terms. Researches and negotiates highly complex organizational purchases
Oversees the team's negotiates with vendors to obtain optimum quality, cost, terms, etc
Responsible for the team's activities in developing and monitoring the effectiveness of purchasing strategies and initiates improvements as necessary
Responsible for contributing to department strategy, management, process improvements, and policy
Qualification
Required
Strategic Sourcing Process (8+ Years Experience. Expert in conducting Market Landscapes, RFIs, RFPs, and other events to optimize supplier selection)
Leadership (5+ Years of Management Experience, Demonstrated Experience Coaching and Developing Talent, etc.)
Strategic Thinking (Negotiation Strategy, Category Strategy, Supplier Strategies, etc.)
Contract Negotiation & Redlining (Cost structures, SLAs, Payment Terms, Termination Rights, etc.)
Expert Communicator including Executive Communication
Financial Analysis (Total Cost Analysis, Savings Analysis, etc.)
Customer Service (Accountability, Follow Through, Responsiveness, etc.)
Influence (Ability to obtain buy-in across a diverse group of stakeholders)
Process Improvement (Lean Six Sigma Certifications are a preferred)
Knowledge of Procurement Technologies (Source to Pay, Contract Lifecycle Management, Etc.)
Awareness of Evolving Procurement Technology Landscape
Spend Analysis
Risk Management
Proven ability to drive significant P&L benefits (Cost Savings, Cost Avoidance, Revenue Generation, etc.)
Preferred
Financial Services/ Banking Industry Experience
Procurement
Purchasing Management
Sourcing Strategies
Supplier Management
Supplier Selection
Vendor Relationships
Vendor Risk Management
Benefits
Medical/prescription drug coverage (with a Health Savings Account feature)
Dental and vision options
Employee and spouse/child life insurance
Short and long-term disability protection
401(k) with PNC match
Pension and stock purchase plans
Dependent care reimbursement account
Back-up child/elder care
Adoption, surrogacy, and doula reimbursement
Educational assistance, including select programs fully paid
A robust wellness program with financial incentives
Maternity and/or parental leave
Up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
Between 15 to 25 vacation days each year, depending on career level and years of service
Company
PNC
PNC is a financial service company providing bank deposits products and services to its community.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1975-11-17IPO
Leadership Team
Keith Hayes
SVP, PNC Aviation Finance
M
Michael Gaber
Senior Vice President - Originations
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