Citizens has recently transformed the sourcing experience to the business. As a Marketing & Customer Collateral, Sourcing Team Manager, you will be responsible to lead a team of sourcing professionals that drive and implement tailored sourcing strategies with Business Stakeholders. This team will also execute sourcing events to deliver commercial benefits and mitigate risk, resulting in market aligned contracts.
In addition to leading the team, the successful candidate will partner and execute with Business Line Executives to understand strategic plans, identify market and economic trend opportunities and continually improve the value derived from third party relationships. All Sourcing Professionals will have access to key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to drive shorter cycle times, increased savings opportunities, and a strong strategic partnership with business line executives. The Sourcing Team Manager will report to the Sr. Sourcing Team Lead within Procurement.
Primary responsibilities include
- Lead team of professionals in the execution of sourcing projects that deliver commercial benefits, comply with bank policies and regulatory requirements and have sound business principles; challenge the status quo related to negotiation strategies to generate positive outcomes.
- Analyze sourcing and contract negotiation strategies to challenge and provide guidance to team members to maximize financial benefits to the Bank.
- Become a strategic advisor to the Lines of Business by building and maintaining strong relationships with the business line and shared services management teams.
- Oversee the creation of commodity strategies that compliment bank and business line specific strategies to meet company goals and objectives.
- Ensure that all sourcing projects and contracts meet the minimum requirements of the standard process with all appropriate evidence completed.
- Utilize risk-based approach, ensure that third party vendor contracts mitigate risk for the enterprise; continuously monitor sourcing processes for opportunities to increase efficiencies and decrease risk.
- Provide leadership to direct reports to develop talent through engagement and observation; engage team members to identify learning forums (seminars, training, etc.) to strengthen skills and expand knowledge base.
Qualifications, Education, Certifications and/or Other Professional Credentials
- Required Qualifications
- Experience in Marketing Sourcing &/or Marketing Agency Management
- Knowledge/experience with Ariba and other commonly used Procurement applications
- Experience in team management and development
- Strong analytical ability
- Preferred Qualifications
- Experience leveraging Marketing agency forums (like ANA, 4A's)
- Extensive experience across key Indirect Categories
- Financial Services industry experience
Hours & Work Schedule
- Hours per Week: 40
- Work Schedule: M-F 8-5
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What We Do
As one of the oldest and largest financial services firms in the United States with a history dating back to 1828, we’re committed to providing solutions and expertise that support our customers, clients, colleagues, and communities in what’s next on their own unique journey. We invest in the humans who build the logic, ideas, and innovations that bring new technologies to life. Investments in AI, cloud computing, machine learning and automation provide our engineers the tools that enable us to remain competitive and win in today’s environment. At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do. Whether you’re considering banking with us or looking to work with us, you’ll find a customer-centric culture and a supportive, collaborative workforce at Citizens. You’re made ready and so are we. If you're ready to advance your career in technology and security, learn more about opportunity's Citizens offers here: https://jobs.citizensbank.com/digital-transformation
Why Work With Us
We empower the colleagues that power our tech. With growth & upskilling opportunities and sought-after benefits, plus a diverse culture of people and perspectives, we help our colleagues achieve career goals. Because innovation can’t happen without the minds and hearts of our people. Technology is constantly evolving, and we believe you can too.
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