Charles Schwab

Senior Sourcing Manager, Technology

Charles Schwab$100K — $130K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • > 5 years in technology procurement and vendor management
  • Experience with complex contracts over $10 million
  • Strong analytical and research abilities
  • Knowledge of market trends and business improvements
  • Skilled in cross-functional collaboration and stakeholder engagement
  • Proven relationship-building with senior stakeholders
  • Self-motivated and able to manage multiple projects
  • Excellent negotiation and contract law understanding
  • Adaptable and flexible in dynamic environments
  • Strong communication skills, both verbal and written
  • Proficiency in Excel

Responsibilities

  • > Manage multiple procurement projects with technology vendors
  • Develop negotiation plans with stakeholders to enhance value
  • Negotiate complex Master Cloud Agreements with suppliers
  • Create and manage supplier category plans
  • Provide procurement-related recommendations and metrics
  • Identify risks and dependencies with internal teams
  • Monitor project progression and report status to management
  • Collaborate with Finance, Legal, and Risk teams to ensure compliance

Benefits

  • Hybrid work model (4 days in office, 1 day home)
  • Work within a supportive, dynamic team environment
  • Opportunity for professional development in procurement
  • Engage with senior leaders and cross-functional teams
  • Involvement in high-impact technology negotiations
Full Job Description

What you’ll do:

 

The Sr. Sourcing Manager, Technology will play an important role within Corporate Vendor Management (CVM) managing various procurement projects that include the areas of negotiation, contracting, sourcing, and commodity management. This position will also analyze upcoming supplier opportunities for consolidation and co-termination of agreements. In this capacity this person will:

 

  • Manage multiple projects and with technology vendors in high volume work environment.
  • Work with business and stakeholders to formulate negotiation plans to maximize value and savings.
  • Negotiate complicated contracts such as Master Cloud Agreements with suppliers.
  • Build and manage supplier category plans.
  • Provide recommendations on all procurement-related issues, plans, reports, trainings and metrics.
  • Work with internal stakeholders to determine risks and dependencies.
  • Monitor project progress regularly to report project status to procurement management.
  • Work with Finance, Legal, Risk and other subject matter experts within Schwab to ensure that that policies and procedures are followed.

 

 

Please note: this position is Monday - Friday during standard business hours with a hybrid work model (4 days in office, 1 day working from home). It is only available in Westlake (Dallas), TX and Lone Tree, CO. Candidate must reside in or be willing to relocate on their own to one of the listed locations.

 

Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

What you have

To ensure that we fulfill our promise of challenging the status quo, this role has specific qualifications that successful candidates should have.

 

Required Qualifications:

 

  • 5+ years of experience in the procurement of Technology (Hardware, Software, Telecom and Networks) category management, strategic sourcing, consulting, vendor management, risk management and/or procurement
  • Experience negotiating complicated Technology Master Agreements and negotiating deals over $10M
  • Strong research and analytical skills
  • Understanding of industry trends and market competitions to develop business improvement initiatives
  • Ability to collaborate with cross-functional teams and support category management plans that maximize value and mitigate risks while ensuring internal stakeholders9 requirements are met
  • Proven track record of building effective working relationships with senior level business partners and internal/ external stakeholders
  • Self-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction
  • Strong negotiation skills and understanding of contract law and risk requirements
  • Flexible and adaptable in handling/implementing change and understands how that change will impact the team, internal business partners and vendors
  • Ability to oversee multiple projects and work in a fast-paced environment with tight deadlines
  • Ability to apply change management and consulting skills/knowledge and expertise
  • Strong interpersonal, problem solving, conflict resolution, facilitation, and negotiation skills
  • Excellent verbal and written communication skills
  • Proficiency in Excel

 

Preferred Qualifications:

 

  • Experience with Ariba and or Zip is a plus

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

Similar Jobs

More Jobs at Charles Schwab

More Enterprise Technology Jobs

Find similar Senior Sourcing Manager, Technology jobs: