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Synchrony Financial

Provides consumer credit cards and financing

Assistant Vice President - Sourcing

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeMuntinlupa, Metro Manila, PhilippinesNo salary listed

About the Job

Requirements

  • A bachelor's degree and at least 8 years of experience in financial services or insurance, such as Supplier Risk Management, Operations, Customer Service, or Collections.
  • At least 8 years of sourcing expertise, including category strategy, contract negotiations, supply chain management, supplier management, and/or logistics, with a record of execution and value delivery.
  • Experience working with Source to Pay systems such as Coupa, Ariba, Oracle, or a comparable solution.
  • Ability to work shifts meeting business needs, including a mid-shift overlapping the US time zone, weekends, and holidays.
  • Experience working with US stakeholders and US suppliers is required.
  • Internal applicants must have been in their current role for at least 24 months and must not be on Formal or Final Formal corrective action.

Responsibilities

  • Meet regularly with business owners across Synchrony lines of business and/or sourcing leaders to guide functional teams and develop comprehensive execution plans that meet business needs, considering scope, cost, product or service availability, and market conditions.
  • Apply expertise in global supply markets in the US and Philippines, including suppliers, products, services, and local supplier compliance requirements.
  • Drive sourcing initiatives focused on productivity, cost savings, and rationalization opportunities.
  • Work with Legal and business owners to review and modify contractual terms and conditions.
  • Oversee supplier compliance with regulatory and reputational requirements throughout the sourcing process.
  • Conduct and assist with requests for information and proposals, market research, and identification, qualification, and competitive analysis of products and services.
  • Use Source to Pay and electronic auction tools to leverage competition and reduce costs.
  • Work with the Sourcing Team Leader to identify, streamline, and support implementation of improvements to the sourcing operating plan and overall sourcing process.
  • Identify, streamline, and implement sourcing strategies for commodities including Technology, Marketing, Contingent Labour, and Facilities, based on business requirements.
  • Work with Supplier Management teams and functional businesses to align strategies, goals, and objectives.
  • Monitor, track, and report sourcing projects to ensure adherence to cycle-time performance metrics.
  • Create PowerPoint and Excel materials for senior and executive management reviews as required.
  • Support updates to purchasing-related standard operating procedures.
  • Perform other assigned duties and special projects.
  • Work in a global environment and support global working hours as required by business needs.

Desired Qualifications

  • Experience in the financial services or banking industry or manufacturing.
  • Hands-on experience preparing executive leadership report-outs.
  • Experience in Facilities and Securities sourcing commodities.
  • Project management skills.
  • Facilitation skills and experience delivering presentations.
  • Quantitative and analytical skills.
  • Oral and written communication experience at all levels of an organization.
  • Enthusiasm and ability to work in a fast-paced, changing environment.
  • Ability to manage complex initiatives across multiple teams and platforms.
  • Ability to work independently and manage multiple priorities with little supervision.
  • Proficiency with Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook, or comparable software.

About the Company

Synchrony Financial

Provides consumer credit cards and financing

Synchrony Financial provides consumer financing solutions in the United States, mainly through credit cards and other lending options. It helps consumers buy goods and services by offering credit lines issued to partner merchants, paid back with interest and fees. The company differentiates itself through a broad network of merchants across sectors like retail, health, and wellness, enabling financing at many points of sale. Its goal is to make financing accessible for everyday and larger purchases while helping partner businesses grow by expanding payment options.

Company size
10,001+
Company stage
IPO
Headquarters
Stamford, CT
Founded
1932

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