Western Alliance Bancorporation

Third-Party Procurement & Sourcing Senior Manager

Western Alliance Bancorporation$100K — $130K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of relevant experience or equivalent education/experience combination.
  • 5+ years in supplier management, supply chain, or contracts.
  • 5+ years in category management or strategic sourcing, with a Bachelor's degree required.
  • Preferred leadership experience.
  • Advanced understanding of banking operations and regulatory compliance.
  • Proficient in Windows, Microsoft Word, and Excel.
  • Expertise in managing multiple concurrent projects.

Responsibilities

  • Design and manage effective Procurement processes for optimal pricing and quality.
  • Develop comprehensive sourcing strategies aligned with business objectives.
  • Implement advanced strategic sourcing capabilities.
  • Negotiate contracts to maximize value in designated spend categories.
  • Conduct supplier evaluations and ensure their commercial and operational performance.
  • Monitor industry trends to inform sourcing strategies.
  • Facilitate collaboration among internal stakeholders.

Benefits

  • Competitive salaries and ownership stake in the company.
  • Comprehensive medical and dental insurance.
  • Generous time-off policy and 401k matching program.
  • Tuition assistance for continued education.
  • Employee volunteer and wellness programs.
  • Hands-on experience in company operations and finance.
Full Job Description
Job Title:
Third-Party Procurement & Sourcing Senior Manager

Location:
Block 23

What you'll do:
As a Third-Party Procurement & Sourcing Senior Manager, you'll partner with business lines, third parties, Third-Party Risk & Controls, IT Business Operations, Legal, and other stakeholders to support Procurement & Sourcing enterprise framework design and enhancement as well support implementation of new processes as needed. In execution, you will be responsible for certain non-IT categories and develop and manage a Contingent Worker program.
  • Design, develop, deploy, and manage Procurement processes to ensure that all goods and services are acquired at the best possible price and quality.
  • Lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
  • Lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
  • lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
  • Elevate our strategic sourcing capabilities through competitive sourcing, market analysis, negotiations, cost management, contract management, and supplier relationship management.
  • Craft and execute a comprehensive sourcing strategy grounded in meticulous analysis of spend data, market trends, category insights, and business needs.
  • Negotiate contracts within the designated spend categories and complex deals with sellers to promote maximum value capture.
  • Conduct and assess detailed supplier evaluations, determine supplier viability, and manage supplier relationship which include commercial, contract, and operational performance.
  • Monitor and analyze market trends and stay up to date with industry trends and best practices.
  • Promote cooperation and communication between internal stakeholders, across participating departments.
  • Work closely with suppliers and internal partners to manage and enhance supplier performance and facilitate continuous improvement and innovation.
  • Demonstrate critical thinking skills with high learning agility and the capability to outline a direction and drive towards the outcomes.


What you'll need:
    • Design, develop, deploy, and manage Procurement processes to ensure that all goods and services are acquired at the best possible price and quality.
    • Lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
    • Lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
    • lead best in class Category Management in pursuit of developing comprehensive sourcing strategies to support business unit and enterprise objectives.
    • Elevate our strategic sourcing capabilities through competitive sourcing, market analysis, negotiations, cost management, contract management, and supplier relationship management.
    • Craft and execute a comprehensive sourcing strategy grounded in meticulous analysis of spend data, market trends, category insights, and business needs.
    • Negotiate contracts within the designated spend categories and complex deals with sellers to promote maximum value capture.
    • Conduct and assess detailed supplier evaluations, determine supplier viability, and manage supplier relationship which include commercial, contract, and operational performance.
    • Monitor and analyze market trends and stay up to date with industry trends and best practices.
    • Promote cooperation and communication between internal stakeholders, across participating departments.
    • Work closely with suppliers and internal partners to manage and enhance supplier performance and facilitate continuous improvement and innovation.
    • Demonstrate critical thinking skills with high learning agility and the capability to outline a direction and drive towards the outcomes.
  • Additional Job Description
    Additional Job Description
    • 8+ years of related work experience or an equivalent combination of education and experience.
    • 5+ years of experience in supplier management, supply chain, or contracts.
    • 5+ years of experience in category management or strategic sourcing. Bachelor's degree in related field required.
    • Previous leadership experience preferred.
    • Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
    • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
    • Advanced knowledge of Windows, Microsoft Word, and Excel.
    • Advanced experience managing multiple concurrent projects and delivering assignments to completion in accordance with defined instructions, prescribed routines, and standard accepted practices.
    • Advanced speaking and writing communication skills.


Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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