A Brief Overview

This position has the global responsibility to develop and mature a company-wide center-led procurement capability. This also includes being the key owner of developing and recommending a Vendor Management Strategy, including vendor identification, vendor qualification and governance (including risk-based supplier management), vendor contract management, vendor onboarding, and vendor performance management.

What you will do

• Responsible for establishing and maintaining the Global Vendor Management Strategy, including: Implementing a Center-Led Procurement Model; Establishing Governance Model that is consistent, transparent, and efficient; Creating consistent and repeatable workflows that provide an enhanced level of control; Unifying data by creating a centralized Vendor Inventory; Leads a multi-year systems improvement plan in support of the strategy; Improving the efficiency of Third-Party on-boarding processes; Establishing a process to manage ongoing relationships with Third-Parties and Third-Party Administrators; Drives collaboration and process improvement by creating intuitive processes and tools; Enhances visibility through feedback loops
• Responsible for leading and managing the Global Procurement department, including IT purchases, contract labor, facilities purchases, etc.
• Develops and maintains relationships with senior functional leaders to further develop and mature their purchasing processes; Responsible for expanding the program and coordinating with additional departments and regions where procurement support is needed.
• Establishes and implements purchasing policies, procedures and best practices.
• Communicates and educates stakeholders on procurement policies, practices and abilities to increase awareness and engagement.
• Provides oversight and monitoring of overall procurement performance and identification and implementation of continuous improvement.
• Develops, coordinates and implements strategies to optimize contract negotiations with suppliers and ensure appropriate oversight for key categories of purchases. Develops negotiation strategies and closes deals with optimal terms.
• Enhances the procurement capability by helping to develop and deliver processes, training, and procurement technology and knowledge management tools.
• Identification and realization of cost-saving and cost reduction opportunities.
• Supervises members of the expanded corporate purchasing staff.

Qualifications

• Bachelor’s Degree in Arts/Sciences (BA/BS) in related field (supply chain management, economics, finance, engineering) required
• Master’s degree in Arts/Sciences (MA/MS) preferred
• 10+ Years of management experience in leading a global procurement organization (5+ in a center-led structure) required
• 5+ Years operational management experience required
• Greenfield start-up, acquisition integration or business process re-design experience required
• Experience with modern sourcing and procurement systems. required
• Financial Services/Insurance industry experience preferred
• Motivate and influence others within organizational hierarchy and among differing cultures. required
• Ability to work with senior management to develop an improved control environment required
• Solid operational management and general business skills and savvy. required
• Strong negotiation skills required
• Familiarity with relevant and emerging legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions required
• Demonstrated ability to develop long range supplier relationships. required
• Ability to assess source to settle risk and develop effective mitigation plans. required
• Proven sourcing and cost reduction strategy development. required
• Developed high performance strategic purchasing and transaction processing teams. required
• Benchmark and scorecard development to drive continuous improvement. required
• Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc. required
• Knowledge of global vendor regulations including third party requirements preferred
• Certified Professional in Supply Management (CPSM) preferred

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Compensation Range:

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.