Director , Sourcing & Supplier Management

Reposted Yesterday
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Harrison, NY, USA
Hybrid
109K-207K Annually
Mid level
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
We are a global technology company in the payments industry.
The Role
The Manager, Sourcing & Supplier Management oversees Mastercard's supply chain, develops sourcing strategies, mitigates supplier risk, and manages supplier relationships to enhance value and efficiency.
Summary Generated by Built In
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Director , Sourcing & Supplier Management
Overview• Manages the full scope of Mastercard's supply chain to effectively meet its business needs while mitigating risk.• This includes the development and execution of global sourcing strategies, assessing and managing supplier risk, providing payment solutions, and growing supplier diversity.
Responsibilities• Manages the supply base across designated category, business unit, market, and/or regions to reduce cost and maximize value• Provides expertise on market conditions, industry trends, category/product knowledge and emerging supply options• Partners across the Sourcing and Third Party Risk Management functions as well as all business and finance functions to understand historical spend data, future demands, obligations, business needs and consequently develops sourcing strategy and implementation plans for the regions• Strengthens relationships with key suppliers and stakeholders• Progress and administer procure-to-pay policies through trainings and providing transparency through communications and reporting. • Contributing to the strategic sourcing process by analyzing spend, defining requirements, developing strategies, authoring RFx's and negotiating contracts while improving supplier performance and mitigating risk.• Manages improvement initiatives• Deep knowledge and understanding of sourcing, risk, and legal processes• Negotiates large transactions
Experiences• Experience in Real Estate Management a plus• Experience developing & managing senior & key stakeholder category and regional relationships• Experience managing supply chains within business units, reducing costs and risks while improving value and efficiencies• Experience successfully developing & implementing business unit strategies, enabling spend management, supplier performance and risk mitigation• Experience executing sourcing transformation projects and supporting strategic initiatives• Experience managing sourcing processes and operations• Experience with Risk Management
Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact [email protected] and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
  • Abide by Mastercard's security policies and practices;
  • Ensure the confidentiality and integrity of the information being accessed;
  • Report any suspected information security violation or breach, and
  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
O'Fallon, Missouri: $109,000 - $180,000 USD
Purchase, New York: $125,000 - $207,000 USD

Skills Required

  • Experience in supply chain management
  • Experience managing supplier relationships
  • Experience executing sourcing transformation projects
  • Deep knowledge of sourcing and risk management
  • Experience in Real Estate Management

What the Team is Saying

Jenny
Mastercard

Mastercard Compensation & Benefits Highlights

  • Retirement Support Retirement programs include an employer match up to 10% (401k or local equivalent), consistently highlighted in careers materials. Feedback suggests this is a standout component of total rewards.
  • Parental & Family Support A global minimum of 16 weeks paid new‑parent leave is offered for birth, adoption, or foster placements, with financial assistance for fertility, adoption, and surrogacy where allowed. Feedback suggests these provisions are robust relative to many large employers.
  • Flexible Benefits Flexibility features include hybrid work, a four‑week “work from elsewhere” program, quarterly meeting‑free days, and five paid volunteer days. Feedback suggests these options support work/life balance across many roles.

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The Company
HQ: Purchase, NY
38,800 Employees
Year Founded: 1966

What We Do

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Why Work With Us

We live the Mastercard Way: creating value in the communities we touch, growing together through the opportunities we see, and moving fast to innovate and scale. Our collaborative culture and our passionate people are the key to what we do, driving meaningful change as one team and connecting everyone to priceless possibilities.

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

In our ongoing workplace evolution, we’ve introduced hybrid work, Work-From-Elsewhere Weeks and Meeting-Free Days.

Typical time on-site: 3 days a week
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