Manager – Sourcing Category Management
State Employees' Credit Union
Manager – Sourcing Category Management
State Employees' Credit Union
Provides consumer financial services and planning
If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
Duties & Responsibilities:
Utilize Strategic Sourcing Process (SSP) Methodology and robust Supplier Relationship Management (SRM) practices and tools to source and manage the assigned spend categories.
Lead, supervise & develop team members as required.
Work with internal teams to understand overall requirements and assumptions related to new engagements to ensure the contractual obligations are aligned.
Leads RFP engagements, understanding project requirements, evaluating potential bidders, and creating the RFP package for submission, reviews supplier submittals, and proactively takes steps in the negotiation process to mitigate risk and guarantee performance by the suppliers.
Partner with Business Owners, Third Party Risk Management (TPRM) and Legal to establish standards for contract language, supplier negotiations, overall management, and dispute resolution. Ensures all agreements are reviewed, following appropriate approval processes and approved by Legal.
Review of new and existing contracts, agreements for assigned categories, and statements of work to achieve optimal terms and pricing as well as mitigate overall risk and ambiguity.
Contribute to and support organizational goals focused on identification, qualification, development, and management of a diverse supply base.
Leads all phases of contracting from initiation, negotiations, maintenance, and regular review, proactively driving Sourcing and Procurement’s company-wide initiatives at the business level.
Develop timelines for contractual reviews based on complexity and provide overall status of contract reviews and escalations.
Leverage interpersonal relationships with business, suppliers and internal partners.
Ensure that SLAs are well documented and can be accurately tracked. Ensure documents and agreements are filed appropriately and ensure stakeholders understand scope, risks, termination clauses and performance guarantees.
Proactively manages all contracts to ensure maintenance of contract term dates, renewal clauses, termination details and non-disclosure agreement dates, issues and escalations with status and resolution dates.
Achieve and exceed metrics including, cost savings and avoidance, cycle time, customer service, invoicing compliance, and total cost of ownership.
Works with Business Owners to establish standards for company, product, service, and integration protocols.
Resolve local supply and supplier related issues.
Train employees in our procurement systems and processes.
Leverage interpersonal relationship strengths to manage disputes and drive change in supplier behaviors.
Works effectively with cross-functional teams to find opportunities for improved supplier/contract management and drive continuous process improvement.
Requirements:
Experience
Practical experience with spend management (e.g., Ariba, ZYCUS, Bravo Solution, Analysis & Reports) and/or procurement enterprise resource planning systems and tools (e.g., Workday/Scout/SAP/Oracle).
Demonstrated experience and highly skilled at time management, prioritization, project management, negotiations, risk management, communications, and change management.
Prior Strategic Sourcing Process (SSP) Methodology and robust Supplier Relationship Management (SRM) practices experience is desirable.
Independent thinker, able to adapt and shift paradigms while executing aggressively, handling challenges and ability to work with minimal supervision in cross-cultural and diverse environments.
Education
Bachelor’s degree in supply chain management, business, finance, accounting. Master’s degree preferred (MBA, MS, etc.).
5 -7 years of Procurement/Accounting/Finance experience, preferably in the Financial Services industry.
Certifications in accounting, purchasing, procurement, project management, and/or process improvement methodology would be highly beneficial. (CPA, CFA, CPSM, C.P.M., PMP, Lean/Six Sigma Green Belt or higher, etc.)
SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.
Disclaimer
State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.
Provides consumer financial services and planning
State Employees' Credit Union is a not-for-profit financial cooperative owned by its members, serving North Carolina state employees and their families with consumer financial services and financial advisory offerings. Its products include checking, savings, loans, mortgages, credit, and payments, plus retirement and education planning, tax preparation, insurance, trust and estate planning, and investments through partners, accessible through 273 branch offices, 1,100+ ATMs, 24/7 member services by phone, a website, and a mobile app. It differentiates itself by being member-owned rather than shareholder-owned and by combining a broad set of financial products with extensive planning services through partnerships, supported by a wide geographic footprint. Its goal is to help its more than 2.6 million members obtain affordable, accessible financial services and trusted guidance to meet both short- and long-term financial goals.
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