Senior Sourcing Manager

Posted 22 hours ago

This is a fully remote position, open to applicants in Alabama, +27 more locations.

πŸ“‹ Description

β€’ Develop and sustain relationships for business-aligned services with First Citizens Bank.

β€’ Act as an individual contributor and a reliable advisor to business owners.

β€’ Source, acquire, and deliver business support for cost-effective products and services from vendors.

β€’ Provide client service and nurture collaborative relationships.

β€’ Offer innovative, timely, and precise solutions that align with the Bank's risk appetite.

β€’ Conduct sourcing events (RFx) for products and services that support the Bank's business initiatives.

β€’ Structure and negotiate terms and pricing for services, software, hardware, staffing, consulting, and outsourcing contracts.

β€’ Achieve cost savings, price reductions, and cost avoidance for both new and renewed contracts.

β€’ Collaborate with Third Party Risk Management (TPRM) to ensure contract terms meet risk management standards and regulatory expectations.

β€’ Guarantee compliance with industry regulations, ethical sourcing practices, and corporate policies.


⛳️ Requirements

β€’ A Bachelor's Degree with 10 years of experience in Vendor Management and the Financial Services industry, OR a High School Diploma or GED/Equivalent with 14 years of experience in Vendor Management and the Financial Services industry.

β€’ Extensive experience in redlining and negotiating agreements for various services is preferred.

β€’ Proficiency in relationship management.

β€’ Familiarity with supply base and sourcing business practices specific to financial services is preferred.

β€’ Advanced skills in contract negotiation.

β€’ Strong capabilities in contract review enforcement.

β€’ Exceptional communication and influencing abilities.

β€’ Strong leadership qualities, with the capacity to lead and motivate vendors and colleagues within the organization.

β€’ Customer-service orientation and the ability to establish and maintain trust and confidence.

β€’ Self-motivated individual with a keen attention to detail.

β€’ Ability to achieve results through credibility and earned influence.


🏝️ Benefits

β€’ Competitive, thoughtfully designed, and quality benefits program.

β€’ Benefits information available at https://jobs.firstcitizens.com/benefits.

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