Cost & Supplier Management Consultant

Truist Bank•New York, NY

1d•Onsite

About The Position

The purpose of this role is to contribute to the development of sustainable solutions that advance Enterprise Technology (ET) Supplier and Financial management processes by working cross-functionally with internal stakeholders, utilizing strong analytics and data-driven problem-solving skills. Serves as the relationship manager for internal or external supplier relationships, including offshore services. Handles matters relating to supplier management processes including but not limited to, sourcing engagement, contract administration, process management and/or relationship financial and performance management. Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position.

Requirements

Bachelor's degree and five years of IT service delivery with experience managing complex, IT vendor relationships; or an equivalent combination of education and work experience.
In-depth knowledge in information systems and ability to identify, apply, and implement best practices. Understanding of key business processes and competitive strategies related to the IT function.
Ability to plan and manage projects. Ability to solve complex problems by applying best practices. Ability to interpret and convey complex, difficult, or sensitive information.
Ability to provide direction and mentor less experienced teammates.
English (Required)

Nice To Haves

Bachelor’s degree and six years of experience or an equivalent combination of education and work experience.
Banking or financial services experience.
Experience with third-party suppliers and/or remote or offshore or outsourced activities.
Sensus among different stakeholders.
Ability to provide direction and mentor less experienced teammates.

Responsibilities

Manages stakeholder’s day-to- day needs. Monitors internal and external service relationships to ensure quality of service delivery, client satisfaction, operational efficiencies and achievement of target cost savings.
Serves as first line, tactical conduit for communication between LOBs/teammates and the service provider(s).
Performs sourcing request entry, due diligence and ongoing monitoring activities related to supplier onboarding and performance.
Typically leads moderately complex projects and participates in larger, more complex initiatives. Solves complex technical and operational problems.
May have team lead/mentorship responsibilities (not managing teammates).
Acts as a resource for teammates with less experience.