Senior Sourcing Manager

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First Citizens BankFinancial services
This is a remote role that may only be hired in the following location(s): AL, AR, AZ, DE, FL, GA, IA, ID, IN, KS, KY, LA, MS, MT, NC, ND, NE, NH, NM, OK, OR, PA, RI, SC, SD, TN, TX, UT, WV, WI, WYFull-TimeManager
Salary not disclosed
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Job Details

Experience
Bachelor's Degree and 10 years' experience OR High School Diploma or GED/Equivalent and 14 years' experience in Vendor Management and Financial Services industry
Required Skills
Relationship management

Requirements

  • Have a bachelor's degree and 10 years' experience, or a high school diploma/GED or equivalent and 14 years' experience.
  • Have experience in vendor management and the financial services industry.
  • Demonstrate advanced contract negotiation skills.
  • Demonstrate advanced contract review and enforcement skills.
  • Bring significant experience redlining and negotiating agreements for various services (preferred).
  • Have relationship management experience (preferred).
  • Bring knowledge of supply base and sourcing business practices specific to financial services (preferred).
  • Be able to engage and align stakeholders at all levels.
  • Demonstrate attention to detail and a customer-service orientation.

Responsibilities

  • Develop understanding of vendor contracts and services for assigned business owners and act as a trusted advisor.
  • Support business-line objectives, cost savings, efficiency, and vendor value delivery.
  • Oversee RFx sourcing events for products and services supporting business initiatives.
  • Manage complex contract negotiations to meet business-owner needs.
  • Collaborate with Third Party Risk Management on contract structuring and negotiation.
  • Negotiate prices for cost savings, price reductions, and cost avoidance on new and renewed contracts.
  • Ensure procurement complies with industry regulations, ethical sourcing practices, and corporate policies.
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