Sourcing Manager (Remote)

Summary:

The Sourcing Manager will execute and carry out the sourcing process, ensure supplier compliance during on-boarding and engagement for renewal time periods, review contractual agreements of assigned suppliers, including developing certain sourcing category strategies. In this role, you will manage and mitigate supplier as well as business risks and work closely with the business leaders and as needed with the VP Category Managers to do so.

Essential Responsibilities:

Regularly meet with business owners across Synchrony lines of businesses (LOBs) and/or VP Category Leaders to provide guidance and direction to functional teams, with strong process responsibility to develop comprehensive plan to execute while meeting business needs (i.e., examine scope, cost, availability of products/services and market conditions to complete projects).

Drive sourcing initiatives with focus on driving productivity, cost saving benefits and identifying rationalization opportunities.

Leverage professional expertise with Legal and business owners to review and modify contractual terms & conditions.

Oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process.

Conduct RFIs/RFPs, market research and identification, qualification and competitive analysis of required products and services.

Utilize e-Auction tools where appropriate to leverage competition and drive cost reductions.

Identify, streamline and drive implementation of sourcing strategies for categories.

Work with Supplier Management teams to ensure alignment with Procurement strategies, goals, and objectives.

Create PowerPoint/Excel materials for review with senior and executive management teams, as required.

Support updating of all purchasing-related SOP s.

Perform other duties and/or special projects, as assigned.

Basic Requirements

Bachelor s degree with a minimum 5 years of experience in financial services (i.e. Supplier Risk Management, Operations, Customer Service, Collections)

In lieu of degree, High School/GED diploma with a minimum of 7 years of experience preferably in financial services (i.e. Supplier Risk Management, Operations, Customer Service, Collections)

Minimum of 3 years experience within Sourcing (including but not limited to category management, contract negotiations, supply chain management, supplier management, and/or logistics) with a proven track record for strong execution

Must be able to travel up to 10%

Desired Characteristics:

Demonstrated project management skills

Must have proven strong facilitation skills and experience delivering presentations

Must have proven quantitative and analytical skill set

Experience providing outstanding oral and written communication skills at all levels of the organization

High enthusiasm and desire to work in fast paced, ever changing environment

Proven ability to manage complex initiatives across multiple teams/platforms

Ability to work independently and effectively manage multiple priorities with little supervision

Experience working with reporting and analytics systems (COUPA, Tableau, SAS, or comparable software)

Strong PC proficiency (Microsoft Suite including: Word, Excel, PowerPoint, and Outlook) or comparable software application