OverviewThis is a remote role that may only be hired in the following location(s):AL, AR, AZ, CT, DE, FL, GA, IA, ID, IN, KS, KY, LA, ME, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, RI, SC, SD,TN, TX, UT, VA, WV, WI, WY
The Strategic Sourcing team within Enterprise Sourcing is seeking a Sourcing Manager to build and maintain strategic relationships for a select portfolio of critical vendors providing services to First Citizens Bank. In this role as an individual contributor, the Strategic Sourcing Manager will be the primary point of contact for all sourcing activities, contract negotiations, and enterprise-level relationship oversight activities across an assigned portfolio of vendors.
ResponsibilitiesSpecific Responsibilities
- Successfully and independently manage complex contract negotiations for assigned portfolio of vendors
- Lead cross-functional teams to identify, quantify, and implement processes with vendors for improved total cost of ownership in the assigned portfolio
- Lead strategic sourcing initiatives to meet business line objectives, deliver cost savings, improve efficiency, and ensure overall vendor value delivery
- Conduct comprehensive market and spend analysis to identify cost-saving opportunities and leverage scale
- Coordinate and lead ongoing routines with vendors and internal stakeholders
- Act as conduit between business stakeholders and vendor community to foster communication and innovation in offerings and business processes that result in greater quality and efficiency
- Ensure compliance with industry regulations, ethical sourcing practices, and corporate policies during the procurement process
Personal Characteristics
- Exceptional communicator and influencer, with the ability to engage and align stakeholders at all levels
- Strong leadership skills. Ability to lead and motivate vendors and others within the company
- Customer-service orientation. Skilled in establishing and maintaining a high level of trust and confidence
- Must be a self-starter with high levels of attention to detail
- The successful candidate must possess the sophistication, communication, and interpersonal relationship skills to achieve results through credibility and earned influence
QualificationsBachelor's Degree and 8 years of experience in Contract structuring and negotiation for services, software, staffing, software as a service, consulting, and outsourcing services contracts OR High School Diploma or GED and 12 years of experience in Contract structuring and negotiation for services, software, staffing, software as a service, consulting, and outsourcing services contracts
Preferred Qualifications
- Significant experience redlining and negotiating technology- related agreements, including application software, SaaS, professional services, etc.
- Supplier relationship management
- Knowledge of supply base and sourcing business practices specific to financial services preferred
Preferred Education: Bachelor's Degree
License or Certification Type: Certified Regulatory Vendor Program Manager Preferred, Member of Contract and Commercial Management certification by the International Association for Contract and Commercial Management Preferred, Certified Professional in Supply Management Preferred
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Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
