Bachelor's degree preferred or equivalent experience
At least 7 years in IT Strategic Sourcing and Category Management at a global organization, ideally in financial services
Proven success in developing RFXs and negotiating IT contracts
Familiarity with enterprise IT vendors and emerging technology providers
Strong organizational skills to manage competing priorities
Able to adapt to organizational change and transformation
Responsibilities
Support sourcing partnerships to implement organizational sourcing strategies
Manage supplier relationships for continuous value delivery
Oversee full lifecycle of strategic sourcing, contracting, and procurement
Proactively manage renewals for savings and to reduce disruptions
Lead sourcing projects with clear financial, risk, and operational objectives
Conduct negotiations with suppliers for favorable terms and prices
Coordinate supplier onboarding and manage troubleshooting processes
Benefits
Hybrid work environment
Collaboration with business customers and key IT vendors
Opportunity to develop subject matter expertise
Involvement in value-driven strategic initiatives
Access to training and industry collaboration opportunities
Full Job Description
Role: IT Strategic Sourcing (Sr Associate)
Employment: W2 only
Experience: 7 to 12 years
Locations: Jersey City, NJ & Tampa, FL
Work mode: Hybrid
Primary Responsibilities:
Support the Sourcing team's partnership with the business customers to deliver on the organizational sourcing strategy to meet financial and operational control objectives.
Manage relationships with suppliers to foster strategic partnerships that enable continuous value-delivery.
Oversee the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.
Pro-actively manage renewals to drive savings and mitigate business disruptions.
Participate in value driven QBRs for key IT vendors
Leverage spend and contract data to identify savings and efficiency opportunities.
Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits.
Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback
Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals.
Review requests via centralized intake tool and gather requirements from business clients.
Review supplier proposals and facilitate process for final vendor selection with appropriate customers
Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals
Initiate supplier onboarding process and coordinate with suppliers to facilitate onboarding process; manage any required troubleshooting
Coordinate with customers to provide general insight to current request status and expected timeline
Work closely with corresponding Sourcing Directors to ensure comprehensive understanding of category strategy, requirements and targets
Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; increases appropriately
Qualifications:
Minimum of 6 years of related experience
Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
Minimum of 7 years of IT Strategic Sourcing and Category Mgmt. at a global organization, preferably in financial services.
Experience and proven success developing RFXs and negotiating HW, software, telecom/networking, private cloud, public cloud, and IT professional services contracts.
Knowledge of enterprise IT vendors as well as emerging technology providers.
Strong organizational competency with the ability to independently manage competing priorities.
Comfortable with organization change and transformation.
