Strategic Sourcing Lead

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As a(n) [position title] within PNC's [name of division] organization, you will be based in [city/state location of position].



Job Profile

Position Overview

This position will manage the corporation’s strategic sourcing process and leads process direction, oversight and methods for company contracts. Experience with large, complex contract negotiations with enterprise suppliers (i.e. IBM, Microsoft, Dell, etc.) is critical to success in this role. Directs work flow, assigning work responsibilities and providing assistance and technical guidance to both business partners and Sourcing leaders. In addition, the employee is responsible for increasing shareholder value through significant dollar savings impact to the Company’s bottom line and limiting the Company’s risk and liability exposure through appropriate contract development. The incumbent will work with a high level of autonomy and will provide feedback and updates to Strategic Sourcing Manager; as well ensuring their job responsibilities are performed in a manner consistent with corporate and technology risk management standards

In this role you will manage and execute best-in-class sourcing strategies to include: identification of sourcing projects, conducting risk management/due diligence, leveraging electronic tools and technology, regularly participating in and/or leading price negotiations, contract preparation and execution, and providing information and influence to facilitate award decisions. Responsible for understanding details and general market knowledge of assigned commodity products and services.

Provides value added consultation and recommends process reengineering and efficiencies where applicable. Interfaces with all levels of management and frequently serves as a liaison between external providers and internal business partners for moderate to complex situations/projects and decisions that may have a significant impact to the Company.

Lead, coordinate and facilitate cross-functional commodity teams in the execution of the corporate strategic sourcing process for projects related to assigned Technology commodities; Overall outcome intended is to meet or exceed commodity plan performance objectives. Influence decisions that may have a significant impact to the company. Understand, and negotiate terms advantageous to the company in order to develop well-written and legally binding contracts to secure goods and services throughout the company. Determine and implement supplier performance and cost reduction programs. Evaluate and measure vendor performance to ensure they are meeting expectations, including price, lead time, responsiveness, and contract commitment.

Build strong service partner relationships by establishing a leadership role in the focus on satisfying customer requirements, gaining strategic alignment, effectively monitoring and measuring results, and being cognizant of cross-organizational impacts. Meet formally on a regular basis with key executive business partners.

Conduct market research and detailed data analysis to identify areas in which to develop annual cost savings programs; Develop, advocate, and implement sourcing and negotiation strategies for those key spend areas to achieve short and long term savings targets; Execute and manage the development of sourcing strategies that are aligned with organizational objectives and brand goals.

Job Description

• Researches and negotiates our most significant, strategic and complex sourcing initiatives related to major organizational contracts and procurements. These initiatives typically involve more time due to complexity and require high levels of strategic agility often interacting with multiple levels of executives across multiple lines of business.
• Prepares the most complex purchasing assignments having the most extensive business requirements and selection criteria.
• Consults with vendors to obtain optimum pricing and availability information. Researches and negotiates highly complex organizational purchases.
• Negotiates with vendors to obtain optimum quality, cost, terms, etc., in conjunction with contract construction to effectuate the potentially complex development of enterprise agreements
• Develops and monitors effectiveness of purchasing strategies and effectiveness; initiates improvements as necessary.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Competencies

Accuracy and Attention to Detail – Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Effective Communications – Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Industry Knowledge – Knowledge of the organization's industry group, trends, directions, major issues, regulatory considerations, and trendsetters; ability to apply this knowledge appropriately to diverse situations.

Negotiating – Knowledge of successful negotiation concepts and techniques; ability to negotiate successfully across the organization and with external vendors and clients in a constructive and collaborative manner.

Process Management – Knowledge of business process improvement tools and techniques and ability to understand, monitor, update, or enhance existing business or work processes.

Work Experience

Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Education

Bachelors

Disability Accommodations Statement:

The PNC workplace is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the PNC Careers website or submission process, please call 877-968-7762 and select Option 4: Recruiting or contact us via email at pathfinder@pnc.com.

The Human Resources Service Center hours of operation are Monday - Friday 9:00 AM to 5:00 PM ET.

Equal Employment Opportunity (EEO):

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

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