What are the responsibilities and job description for the Strategic Sourcing Manager - Associate position at SMBC Group?
The anticipated salary range for this role is between $80,000.00 and $120,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
This Strategic Sourcing Manager will report to a Sourcing Category Leader(s) and is responsible for executing on category and supplier spend management strategies for third party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting. This role will be focused on professional services.
Role Objectives
- Work with internal stakeholders to define requirements
- Identify qualified suppliers
- Design and execute the competitive process
- Evaluate competitive offerings from suppliers and develop and present sourcing options that meet SMBCs business requirements
- Conduct commercial term negotiations
- Implement and govern buying channels
- Partner and collaborate with :
- Regional sourcing colleagues
- Internal stakeholders
- Internal Procurement Operations, Third Party Risk and Contract Management
- In-house Legal, Risk and Finance teams
- Maintain compliance with all policy and procedural guidelines
- Identify new opportunities that address or anticipate client needs
Qualifications and Skills
Education
This hybrid role will have a defined work location that includes work from home and assigned office days as set by the manager.
Salary : $80,000 - $120,000
