Senior Sourcing Manager

Description

The Senior Sourcing Manager creates innovative and strategic sourcing strategies for indirect spend categories such as technology, operational banking services, and corporate professional services. Drives efficiency and operational excellence in deal execution, increasing profitability while reducing risk.  Acts as trusted advisor to key stakeholders.

 Duties & Responsibilities:

• Work with senior corporate and business segment management in developing sourcing strategies in support of the strategic priorities of the business
• Educate internal stakeholders in understanding process to engage third parties
• Lead cross functional team to deliver medium and high risk, medium and high complexity sourcing transactions, and competitive events in compliance with corporate procedures
• Create and maintain sourcing project records and documentation
• Execute contracts accurately specifying supplier responsibilities and SLAs
• Identify savings opportunities for assigned business segment or category
• Identify and implement process efficiencies, procedural changes, and best practices
• Monitor and manage contract renewal and expiration to ensure sufficient time for renegotiation, termination, and conversion to new supplier as desired by the business.
• Facilitate third party risk due diligence assessments and third-party risk action plans
• Other duties as assigned

Basic Qualifications:

• Bachelor’s degree
• A minimum of 10 years of experience in indirect strategic sourcing and financial services experience in spend responsibility.
• A minimum of 3 years of management or team leadership experience.

 Preferred Qualifications:

• Project Management
• Service-oriented team player
• Strong communications, presentation, and negotiation skills
• Ability to consolidate and analyze data, draw conclusions, and clearly communicate recommendation
• Strategic thinker
• Detail oriented
• Resilience in ambiguous and stressful situations
• Proficiency in procurement tools
• Experience with licensing of software both conventional and SaaS
• Experience working in a regulated environment

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Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Workplace Type:

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

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