Title and Summary
Director , Sourcing & Supplier Management
Overview
• Manages the full scope of Mastercard’s supply chain to effectively meet its business needs while mitigating risk.
• This includes the development and execution of global sourcing strategies, assessing and managing supplier risk, providing payment solutions, and growing supplier diversity.
Responsibilities
• Manages the supply base across designated category, business unit, market, and/or regions to reduce cost and maximize value
• Provides expertise on market conditions, industry trends, category/product knowledge and emerging supply options
• Partners across the Sourcing and Third Party Risk Management functions as well as all business and finance functions to understand historical spend data, future demands, obligations, business needs and consequently develops sourcing strategy and implementation plans for the regions
• Strengthens relationships with key suppliers and stakeholders
• Progress and administer procure-to-pay policies through trainings and providing transparency through communications and reporting.
• Contributing to the strategic sourcing process by analyzing spend, defining requirements, developing strategies, authoring RFx's and negotiating contracts while improving supplier performance and mitigating risk.
• Manages improvement initiatives
• Deep knowledge and understanding of sourcing, risk, and legal processes
• Negotiates large transactions
Experiences
• Experience in Real Estate Management a plus
• Experience developing & managing senior & key stakeholder category and regional relationships
• Experience managing supply chains within business units, reducing costs and risks while improving value and efficiencies
• Experience successfully developing & implementing business unit strategies, enabling spend management, supplier performance and risk mitigation
• Experience executing sourcing transformation projects and supporting strategic initiatives
• Experience managing sourcing processes and operations
• Experience with Risk Management
In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
O'Fallon, Missouri: $109,000 - $180,000 USD
Purchase, New York: $125,000 - $207,000 USD
