Talent.com
Sourcing Manager Associate
Sourcing Manager AssociateSMBC Group • Jersey City, NJ, US
No longer accepting applications
Sourcing Manager Associate

Sourcing Manager Associate

SMBC Group • Jersey City, NJ, US
16 hours ago
Job type
  • Full-time
Job description

Join to apply for the Sourcing Manager Associate role at SMBC Group

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history. The Group offers a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance and operates in nearly 40 countries with more than 130 offices and 80,000 employees worldwide.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru and offers commercial and investment banking services to corporate, institutional, and municipal clients through its operating companies in the region.

Role Description

This Strategic Sourcing Manager will report to a Sourcing Category Leader(s) and is responsible for executing category and supplier spend management strategies for third-party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting. The role will focus on general services and Market Data Services.

Role Objectives

  • Work with internal stakeholders to define requirements
  • Identify qualified suppliers
  • Design and execute the competitive process
  • Evaluate competitive offerings from suppliers and develop and present sourcing options that meet SMBC's business requirements
  • Conduct commercial term negotiations
  • Implement and govern buying channels
  • Partner and collaborate with :

Regional sourcing colleagues

  • Internal stakeholders
  • Internal Procurement Operations, Third Party Risk and Contract Management
  • In-house Legal, Risk and Finance teams
  • Maintain compliance with all policy and procedural guidelines
  • Identify new opportunities that address or anticipate client needs and proactively engage with clients to develop value-added opportunities and comprehensive sourcing strategies

    • Qualifications And Skills

  • Bachelor's Degree required with experience in the financial services industry a plus
  • 3 to 5 years of professional services sourcing experience

    • Preferred Qualifications

  • Collaborator and leadership skills
  • Ability to adapt and thrive in an evolving environment
  • Strong business acumen
  • Strong issue resolution, negotiation, and project management skills
  • Strong people skills
  • Ability to engage with all management levels
  • Initiative-taking / self-starter with ability to work independently
  • Experience with PowerPoint and Excel pivot tables
  • High level of comfort working with technology
  • Ability to conduct market / industry / supplier analysis and synthesize data into a consumable format
  • Experience and proven ability to drive change with management direction by influencing others at all levels within the organization
  • Ability to communicate effectively with internal sourcing and client stakeholders
  • Cost modeling : ability to understand value streams, cost drivers and how to break down cost structures to derive a TCO
  • Experience in drafting and redlining contracts and strong knowledge of the key aspects of the RFI / RFP / RFQ and the sourcing process

    • Hybrid Work Schedule

    This hybrid role will have a defined work location that includes work from home and assigned office days as set by the manager. SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

    SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

    J-18808-Ljbffr

    Create a job alert for this search

    Sourcing Manager • Jersey City, NJ, US