Charles Schwab

Vendor Sourcing Manager, Professional Services

Charles Schwab • $90K — $120K *
Lone Tree, CO 80124In-Person
Business Services
5 - 7 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5+ years of experience in professional services category management and strategic sourcing
  • Experience leading Request for Proposals (RFPs) with market intelligence and financial analysis
  • Proficiency in contract negotiations with risk review teams and Legal
  • Strong communication skills for building relationships with senior business partners
  • Ability to manage cross-functional teams for contract negotiations
  • Effective negotiation skills to explore alternatives and achieve mutually beneficial outcomes
  • Proficiency in MS Office Suite

Responsibilities

  • Provide strategic sourcing support and contract negotiation for business partners
  • Establish and maintain relationships with Schwab business partners and Legal stakeholders
  • Manage the strategic sourcing lifecycle and lead negotiations on vendor engagements
  • Collaborate with the Sourcing team to develop sourcing strategies
  • Utilize procurement services tools to support supplier and business partner relationships
  • Support administrative tasks such as contract routing and reporting

Benefits

  • Hybrid work model (4 days in office, 1 day from home)
  • Located in Westlake, TX or Lone Tree, CO
  • Opportunity to engage with a dynamic and collaborative team
  • Exposure to both large projects and administrative tasks
  • Potential for personal and professional growth in strategic sourcing practices
Full Job Description

What you’ll do:

 

The Vendor Sourcing Manager, Professional Services role plays an essential role within CVM by providing business partners with strategic sourcing support, contract negotiation and risk mitigation.  In this role you will also support the broader Sourcing team to manage routing contracts for signature and various other reporting and administrative requirements.

 

This position will be responsible for establishing strong relationships with Schwab business partners across the firm and Legal stakeholders to develop, maintain and execute contracts for IT and non-IT professional services.  This role will manage all aspects of the strategic sourcing lifecycle; lead negotiations, as well as collaborate with risk groups and legal, as required on vendor engagements.  This position will partner with the broader Sourcing team to develop sourcing strategies and ensure that industry-leading procurement services tools are utilized to support growth relationships for our suppliers and business partners.  The position will not manage people; it is an individual contributor role.

 

 

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, 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 professional services category management and strategic sourcing
  • Practice leading Request for Proposals (RFPs), including developing market intelligence reports, conducting financial analysis and thorough supplier evaluations (required)
  • Proficiency leading contract negotiations, including coordination with multiple risk review teams and Legal, in a regulated environment (required)
  • Strong oral and written communication skills with a proven track record of building effective working relationships with senior level business partners
  • The ability to partner with and project manage cross-functional teams to drive contract and price negotiations that maximize value and mitigate risks while ensuring internal stakeholders’ requirements are met
  • Strong negotiation skills, with ability to effectively explore alternatives to reach mutually beneficial outcomes
  • Proficiency in MS Office Suite

 

Preferred Qualifications:

  • Experience with Zip, PeopleSoft and/or Access
  • Ariba Cloud

 

You demonstrate these behaviors:

  • Positivity:  brings energy and optimism to our dynamic workplace; is open to both large/complex sourcing projects as well as more administrative deals and tasks
  • Strong Communication (written/verbal/interpersonal):  can easily communicate up, down and across the organization with a proven capability to make contributions to teams and initiatives
  • Analytical Thinking:  ability to analyze data, and apply it to develop and implement sourcing strategies and contract negotiations
  • Self-starter:  able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction; self-motivated to learn and take on new responsibilities and proactively seek out answers to solve problems
  • Adaptable:  comfort and ability to quickly take on new, challenging projects and also perform administrivia support to the Enterprise Services Sourcing team as required

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
Finance & Insurance
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ
SCHW
* Ladders Estimates

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