Strategic Sourcing Manager

Reposted 10 Days Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
eCommerce • Fintech • Information Technology • Payments • Software
We are the leader in financial technology and services for financial institutions and businesses of all sizes, globally.
The Role
The Strategic Sourcing Manager manages vendor relationships, negotiates contracts, and ensures compliance with performance standards. Responsibilities include monitoring supplier performance, establishing quality procedures, and managing staff development.
Summary Generated by Built In

Job Description

At FIS, our technology and our people are moving forward. We advance the way the world pays, banks and invests. We believe in building inclusive, diverse teams. Together, we innovate to help our colleagues, clients and communities succeed. If you’re ready to grow your career and make an impact in fintech, we have one question: Are you FIS?
 

About the role:

The Strategic Sourcing Manager will select and monitor vendors/suppliers to ensure performance meets requirements in a cost-effective manner.  This position is key to ensuring client activities and/or corporate functions are managed effectively.

What you will be doing:

• Facilitates development of relationships with vendors/suppliers and maintains relationships for long-term contracts.
• Establishes systems and procedures to ensure and enhance overall quality.
• Establishes requirements for suppliers to achieve process and quality standards.
• Reviews, analyzes, and monitors supplier contract performance and compliance.
• Negotiates and coordinates additions, deletions, and modifications to agreements.
• Develops and maintains vendor relationships including tracking and analysis of vendor spend and performance.
• Maintains solutions to ensure purpose and functionality of suppliers closely aligns with business procedures, directions and strategies.
• Manages the selection process to evaluate products based on user requirements, makes recommendations and ensures purchases are in alignment with current standards and strategy.
• Train, develop, and monitor lower level staff.
• May manage staff or line of business.

What you will need:

Bachelor’s degree or the equivalent combination of education, training, or work experience.  Typically requires three to five years of contract negotiation, financial management, and vendor relationship experience.
• Knowledge of strategic sourcing or vendor management functions and procedures
• Knowledge of client or vendor relations
• Knowledge of project management methods and techniques
• Proficiency to supervise, lead and manage staff members effectively
• Excellent verbal and written communication skills to technical and non-technical audiences of various s levels in the organization, e.g., executive, management, individual contributors
• Excellent problem solving, team and time management skills managing multiple deadlines for self and others
• Proficiency in evaluating the performance capabilities of subordinates as well as counsel subordinates in development and/or corrective discipline
• Proficiency in making projections of future expenses based on analysis of cost effectiveness of past expenditures
• Proficiency to operate independently
 

What we offer you:
At FIS, you can grow your career as far as you want to take it. Here’s what else we offer:
• Opportunities to make an impact in fintech
• Personal and professional learning
• Inclusive, diverse work environment
• Resources to give back to your community
• Competitive salary and benefits
• An inclusive workspace built on collaboration, flexibility and respect.
• A salary and benefits package that reflects your hard work.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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The Company
HQ: Jacksonville, FL
57,000 Employees
Year Founded: 1968

What We Do

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry, globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, proven performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

Why Work With Us

The world of fintech is changing fast. Our core values and behaviors give us the power to have a positive impact on the world we share. We work together, connecting to achieve outcomes with speed. We are inclusive and embrace our diverse strengths. We make things happen and celebrate together

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