Truist · 10 hours ago
Category Manager-Technology Infrastructure
Atlanta, GA
Full-time
Onsite
Senior Level
6+ years expTruist is a financial corporation seeking a Category Manager to oversee demand and supply management activities for technology infrastructure categories. The role involves developing strategies to optimize costs and managing relationships with suppliers and business leaders to ensure effective sourcing and risk management.
BankingFinanceFinancial Services
Responsibilities
Implements category strategies with medium spend levels, complexity, and strategic importance within his/her portfolio to optimize business efficiency and drive maximum value
Develops an understanding of the current category activity within Truist and determines where SSM can have a greater involvement and drive value
Specializes by developing deep expertise within the category(s)
Maintains deep understanding of global supply markets, competitors and product innovations
Builds strong relationships with ‘internal customers’ and industry suppliers
Partners with Business Leaders and Executives to ensure that sourcing strategies/category plans and execution are aligned with the Business and MoE/ecosystem Goals
Leads cross functional teams in the development of category specifications, RFIs, RFPs, contracts, and sourcing project plans
Performs market data analysis for negotiations and supplier selection, and leads high-complexity sourcing events
Compiles commodity profile details such as supplier performance, volume forecasts, and design specifications
Analyzes trends and dynamics of supply markets, and prepares commodity-specific performance metrics & dashboards
Ensures that best practices in the sourcing process are followed
Execute the full sourcing process which includes development of scope, supplier selection, commercial negotiation, third party risk acceptance and contract execution
Engages risk stakeholders as needed for sourcing activity
Drive to remedy inconsistent vendor performance across the enterprise and improve vendor performance/optimizing allocation of spend
Promote risk excellence and sound risk management as the first line of defense by driving and owning bank-wide policies including sourcing and purchasing, travel and expense reimbursement and contingent workforce
Also ensure compliance with Bank policies for regulatory directives and other firm-wide policies
Actively manage pipeline of projects for team and ensure project delivery to agreed upon timelines and expectations
Participates in special projects and performs other duties as assigned
Qualification
Required
A Bachelor's degree is required
6 to 8 years of relevant experience in sourcing (and related functions) with regulated organizations known for the strength of their operational, customer service, and risk excellence
Knowledge of the market, suppliers and cost drivers
Demonstrated experience with managing matrixed supplier relationships
Ability to learn content quickly and apply a strategic lens to category spend
Ability to engage and communicate with internal and external stakeholders
Track record of success in supplier consolidation and driving spend to preferred suppliers
Subject Matter Expertise in strategic sourcing methodology and techniques
Demonstrated ability to develop client relationships
Proficient analytical skills
Proficient written and verbal communication skills
Proficient project management and time management skills
Proficient business acumen
Proficient negotiation and influencing skills
Proficient interpersonal skills with the ability to communicate effectively at all levels, particularly at the management level
Self-motivated, with executive presence and presentation skills
Preferred
An MBA, Masters in Supply Chain and industry certifications are preferred. Ideally, this experience should be broad based involving several of the following functions: procurement, sourcing and third party management
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
Vacation
Sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
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