Cost and Supplier Management Senior Manager

Truist • Raleigh, NC

2d • Onsite

About The Position

The Cost and Supplier Management Senior Manager leads a team of strategists and consultants focused on cost optimization and supplier management for TD&O Wholesale divisions, including Payments, Wealth, Investment Banking, Lending, Sales Enablement, Digital, Treasury, and Production Support.

Requirements

• Bachelor’s degree and thirteen years of cost and supplier management experience with experience managing complex, IT vendor relationships; or an equivalent combination of education and work experience.
• Deep specialized and/or broad functional knowledge. Sound understanding of business and organizational strategies and processes.
• Ability to interpret internal and external business challenges and recommend best practices. Ability to lead complex projects.
• Sophisticated analytical skills and the ability to solve complex technical and business problems.
• Ability to influence others at senior levels to adopt a new perspective.

Nice To Haves

• Master’s degree or MBA and fifteen years of experience or an equivalent combination of education and work experience, including five years of management experience.
• Banking or financial services experience.
• Experience in leading large-scale complex projects from beginning to end.

Responsibilities

• Strategic Leadership and Vision:
• Oversight of Supplier Management Function:
• Cost Management and Financial Oversight:
• Performance Monitoring and Continuous Improvement:
• Risk Management and Compliance:
• Cross-Functional Collaboration and Influence:
• Talent Management and Development:
• Reporting and Strategic Communication:
• Innovation and Market Intelligence:

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees