Procurement Vendor Manager Indirect Category

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Acanthus, Nipissing, ON, CAN
In-Office
Fintech • Payments • Financial Services
The Role

At ING, procurement is about collaboration, innovation, and creating strategic impact that drives sustainable growth. We are a global organization in the CFO domain with a presence in more than 20 countries. We embed responsible practices, and deliver solutions that touch every part of the organization. If you thrive in a dynamic environment, approach challenges with curiosity, and want to help shape what’s next, this is your opportunity to make a real difference.

The team
Procurement Netherlands is led by the Head of Procurement (HOP) and forms part of the Group Procurement organization. The function maximizes the value ING gets from suppliers and safeguards the integrity of our supply chain, operating efficiently and with sustainability at the heart of everything we do. We enable business partners to realize future changes and contribute to ING’s strategic goals by:

  • Understanding business demand and helping stakeholders choose solutions that fit.
  • Selecting and managing qualified suppliers for high-impact outcomes.
  • Acting in full compliance with internal and external regulators.

Change, renewal, and transformation are in our DNA, with a single goal: delivering the best customer experience.

Join us if you want to be part of the next chapter of our procurement journey at ING.

Roles and responsibilities

The Vendor Manager is responsible for the execution of the Source-to-Contract processes, specifically the contract Life Cycle Management activities on a strategic level and must ensure that the process always runs seamlessly. Responsible for developing the vendor plans containing clear objectives, important (contractual) focus areas, development items to support value creation and continuous improvement. Ensure accomplishment of the defined objectives as included in the vendor plan, manages and monitors the vendor performance (commercially and third-party risk), monitors completion of contract obligations, negotiating contracts and disputes. Responsible to manage critical and strategic assigned contracts in close alignment with Business Contract Owner.

Your key responsibilities include:

Category Management

  • For assigned categories, identify business needs, category specifications and requirements as input for category plans.
  • Advise category manager with the development of category strategies, approaches and improvement areas.
  • Analysing of spend data, benchmark suppliers, track procurement performance and help to deliver value through insightful reporting and impactful work.

Sourcing Management

  • Identify business needs, category specifications and requirements as input for sourcing projects.
  • Responsible for developing the sourcing event and the management of the RFX process. Prepare sourcing documentation and train suppliers, design and issue the RFX and consolidate RFX responses.
  • Conduct contract negotiations with suppliers. Agree and document terms & conditions and finalize the approved contract.
  • Manage contract approvals and start onboarding process and content creation. Send the contract to the supplier and retrieve signatures from both parties. Provide input for the Back Office team with performing KYS checks and onboarding suppliers.
  • Support the Procurement Operations team with approving and reviewing vendor master data. Provide all information to operational tools during the supplier onboarding process and support contract management with supplier phase-out.
  • Provide input for the Leadership team with evaluating available supplier innovations and strategies. Function as a senior sourcing SME and possess deep category knowledge to execute complex sourcing initiatives for assigned categories.
  • Providing support to the category managers for business partnering activities, such as establishing stakeholder relationships, managing strategic initiatives, managing business innovations and assessing innovation opportunities.
  • Support category managers with identifying suppliers in scope during supplier segmentations. Support category management with proposal negotiations and selecting suppliers.
  • Drive contract and third-party risk compliance.

Project Management:

  • Execute complex sourcing initiatives and projects, communicate and advise senior stakeholders and manage global projects.

Strategic challenges:

  • Manage sourcing projects in the context of a multi-disciplinary stakeholder landscape consisting of business contract owner(s), multiple support functions, and Supplier by finding the optimal balance between value add, flexibility, and third-party risk management.

How to succeed
We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

Bring the right mix of experience, expertise, and mindset to make an impact:

Work Experience

  • 3-6 years in procurement area, preferably at strategic level and preferably in an international financial services provider organisation.
  • Experience with purchasing on larger sourcing and contracting projects on Facility Management, included Real Estate and Workplace services.
  • Experience working with offshore teams.

Competencies

  • Master English business language/communication perfectly (spoken as well as written). Dutch language required for role.
  • Proven track record in delivering procurement value.
  • Strategic mindset: develop best in class sourcing strategies with involvement of business stakeholders.
  • Supplier and contract management experience
  • Experience and local NL market knowledge in the Indirect Category, Marcom, Facility, Travel and Car lease
  • Strong Project management and analytical skills.
  • Legal acumen
  • Influencing and conflict resolution skills.
  • Agile and self-driven
  • Drive sustainable procurement.

Rewards & benefits  

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here.  

The benefits of working with us at ING include: 

  • A salary indication tailored to your qualities and experience within global job grade 18

  • Individual leave: 24+2 individual holiday days based on 36 hr workweek

  • Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)

  • CSR days: up to 2 days per year to actively engage in society by volunteering

  • 13th month salary

  • 8% Holiday payment

  • Individual Savings Contribution (BIS), 3.5% of your gross annual salary

  • Mobility card

  • Attractive pension scheme

  • Hybrid working to blend home working for focus and office working for collaboration and co-creation

Interested? Apply Today!
Are you currently based in the Netherlands and have relevant work experience? Ready to take the next step in your career and fuel your ambitions in a fast-paced environment where growth is encouraged? If so, we’d love to hear from you! Please upload your most recent CV along with a cover letter explaining the expertise and knowledge you bring to our team and the areas where you’d like to expand your skills and grow professionally! We’re excited to meet you and explore how you can make an impact with us!

About us 

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us and apply today!

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The Company
Amsterdam, North Holland
65,710 Employees

What We Do

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

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