Company Overview
Hiring for a leading Investment Bank
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Job Description
Strategic Sourcing:
Develop and execute category strategies while managing the entire procurement process resulting in the best possible terms for value, quality, service and delivery
Lead complex strategic initiatives through a holistic and systematic sourcing process; develop and review effective project plans and negotiation strategies; evaluate supplier business proposals; provide recommendations for business strategy awards; negotiate complex agreements. Develop and present negotiation strategies and deal summaries to executives.
Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies; work collaboratively with team members to prioritize and drive successful implementations
Oversee governance and control programs to ensure business continuity, protect company assets, mitigate risks and comply with corporate and regulatory policies
Act as subject matter expert and drive process improvement for suppliers under management
Business Engagement
Develop and maintain positive relationships with internal customers, executive management, peers, business partners and direct reports
Provide coaching and guidance to deepen GSP’s functional excellence abilities with particular attention to business acumen, negotiation, risk, issue and opportunity management and other program management best practices
Closely align with Legal, Operations, HR, Marketing, and Finance teams on alignment of the strategic sourcing vision cross functionally
Leadership
Lead and collaborate with team members in aligning to business strategies and achieving objectives
Interface and advise with senior management to align business priorities and manage issues
Value Creation:
Establish and promote aggressive value creation targets, committing to, and delivering on annual cost saving targets for the GSP organization
Develop annual cost savings programs and implement business strategies that directly affect company financial results and growth plans.
Identifies and increases the addressable spend that procurement drive costs savings. Drives a culture of cost savings and value driving metrics to drive value add to the firm