IpsoJobs

Worldwide Jobs

Vendor Management Sourcing Manager

Admin/Office/RRHHPosted 34 days 4 hours 3 minutes ago. Viewed: 27 times.

Description

Vendor Management Sourcing Manager/Heavy Contract Negotiation Experience Required!

 

The Sourcing Manager will work with internal partners at all stages of the supplier sourcing process from communicating needs to contract negotiation to post-contracting relationship review. In so doing, this person will craft tactical and strategic sourcing approaches to ensure the company enjoys attractive quality, costs, and results from its contractual relationships. This person will work with internal business managers; the company’s sourcing organization, and Corporate Counsel to enter into contracts that ensure the company successfully meets all of its business objectives at an appropriate cost. In addition, this person will support efforts to measure, monitor and manage supplier risk and continually document, communicate, and improve their processes.

 

Position Responsibilities:

 

Identifying sourcing opportunities by developing strong relationships within the company, instituting processes and systems, and shaping the culture

 

Addressing strategic sourcing opportunities, including challenging their build vs. buy thinking, rethinking existing approaches and suppliers, ‘right-sizing’ demand, and conducting negotiation efforts

 

Conducting “triage” on non-strategic sourcing efforts

 

Assisting in the refinement of their VMO building blocks: spending database, contract database, compliance systems, supplier relationship management, supplier risk tracking

 

Reviewing and “auditing” all contracts for the firm (except recruiter contracts) and ensure sound business terms

 

Reviewing and “auditing” all fees and fee structures (except for recruiter contracts) and ensure that the due diligence done by the business user is rationale and that the rates are aligned with current market rates

 

Documenting current processes and executing against SLAs

 

Working closely with functional partners (legal, finance) in completing reviews/audits

 

Identifying and creating incremental improvements to make the VMO vetting process more streamlined

 

Identifying and creating incremental improvements to educate/empower users to negotiate sounds contracts

  

Working closely with functional partners to make incremental changes to the process to improve efficiency and/or effectiveness

 

Participating as a stakeholder in technology initiatives

 

Interacting with all departments in the firm and providing high quality customer service

 

Position Requirements:

 

Bachelor’s degree

 

Experience sourcing a wide range of categories is a must; specific knowledge of software/hardware, market/exchange data, back office operations, consulting services, outsourcing, facilities management, and human resources are all a plus

 

Experience negotiating a wide variety of commercial terms in complex transactions

 

Self starter, hard-working individual who has a strong customer service focus

 

Process oriented, highly organized with a strong attention to detail

 

Ability to prioritize and process a high volume of work while maintaining the highest quality

 

Excellent verbal and written communication skills, able to operate effectively in a cross departmental function

 

Ability to build relationships and develop internal and external partnerships

 

Capable of excelling in the company’s culture of meritocracy, transparency, constant improvement, and excellence

 

Preferred candidates would also meet the following criteria:

 

A law degree is a plus, but not required

 

Familiarity with investment management or “the lifecycle of a trade”

 

Familiarity with contract database/administration tools

 

Experience managing contracting on the sales side is a plus

 

 

Industry: Financial Services
Discipline: Purchasing & Procurement
Experience: 5 - 7 Years
Level: Manager
Compensation: $100K+
Company: Financial Company

Contact information

Apply Online at TheLadders.com