Strategic Sourcing Manager

Yardley, PA, US

9 days ago
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Summary

Overview

As a Strategic Sourcing Manager with a background in Banking or mortgage servicing, you are at the forefront of developing, managing, and implementing sourcing category strategies across diverse business units, support functions, and shared services. With a minimum of 8 years of experience in sourcing and category management in Banking or mortgage servicing, your expertise is vital for the success of sizable operations. For more opportunities from KNM Resources, please visit https://www.knmresources.com/all-openings.



Responsibilities

  • Identify opportunities to reduce total cost of ownership through data-driven analysis.
  • Identify opportunities for process improvement and standardization by leading cross-functional teams.
  • Lead complex negotiations, contract formulation, change management initiatives, and cross-functional teams throughout the sourcing, contracting, and vendor assessment/management processes.
  • Develop/lead implementation of company-wide sourcing strategies and plans.
  • Develop vendor and fact-based negotiation strategies to manage key vendor relationships.
  • Understand business objectives, supply requirements, and strategic direction with key business partners and senior leadership.
  • Provide market and industry intelligence, innovation, and best practices.
  • Manage strategic vendor relationships based on business criticality and size of relationship.
  • Identify resource requirements and develop/validate business cases for required investments.
  • Responsible for procurement/sourcing, stakeholder engagement (internal and external), delegating tasks, and monitoring progress.
  • Ensure strategic direction, operational, and quality goals are achieved with all levels of management within the Company, regulators, and vendors.
  • Assess risk when business decisions are made.
  • Drive compliance with applicable laws, rules and regulations, adhering to Policy.



Qualifications

  • Bachelor’s Degree or equivalent experience.
  • 8+ years of relevant sourcing and category management experience for a large-scale operation.
  • Banking or mortgage servicing industry experience required.
  • Experience sourcing for call center services, default services, valuation services, claims services etc…
  • Proven success leading major strategic sourcing and vendor management programs across a range of indirect/professional/mortgage business services categories.
  • Deep category management and sourcing knowledge and experience.
  • Analytical ability to quickly gather facts, perform root cause analysis, and draw accurate conclusions.
  • Superior contract/vendor negotiation preparation and execution skills.
  • Excellent organizational, analytical, and time management skills.

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