Director of Sourcing & Supplier Management

Advisor Group•Atlanta, GA

2d•$165,000 - $185,000•Hybrid

About The Position

Osaic is seeking a Director of Sourcing & Supplier Management to provide daily oversight of all supplier engagements, processes, and systems throughout the supplier's lifecycle. This includes supplier sourcing, requests for proposals, supplier selection, contract negotiations, supplier relationship management, and supplier termination or offboarding. The role requires demonstrating best-in-class practices in managing supplier relationships, resolving supplier issues, and monitoring supplier performance. The Director will manage supplier intake with stakeholders on category of spend strategies to ensure alignment with preferred suppliers and overall supplier management strategies. Additionally, the role ensures supplier engagements have a complete cost of ownership and cost model for stakeholders and decision-making, and that supplier contracts align with business requirements.

Requirements

Bachelor’s Degree from accredited university in a Business or Finance Related Field
10-15 years of experience leading supplier management, commodity management, or managing categories of spend functions
10-15 years of experience leading Supplier Management functions in the financial services industry
10-15 years of experience directing sourcing and contract life cycle management systems
Certifications in Supplier Management, Supply Chain Management, or Commodity Management (e.g., ASCM (APICS), CPSM, CSMP, etc.)

Nice To Haves

15 plus years of experience leading supplier management, commodity management, or managing categories of spend functions
15 plus years of experience leading Supplier Management functions in the financial services industry
15 plus years of experience directing sourcing and contract life cycle management systems
Additional certifications in project management, stakeholder management, contract negotiations, and the like
Additional certifications with Vendor Risk Management, Project Management Office

Responsibilities

Directing the personnel, systems, workflows, standards, and processes for the sourcing to contracting lifecycle.
Managing a team that supports the organization with the sourcing to contracting lifecycle, ensuring alignment with strategies and organizational goals.
Ensuring best-in-class Sourcing and Supplier Management standards are implemented, maintained, and adjusted as necessary to achieve goals and strategies.
Providing oversight and direction with contracting, contract negotiations, contracting issues, TCO and cost models to ensure an efficient process and end-user experience.
Providing direction and oversight across the Organization with best practices including root cause analysis with supplier management issues and challenges including supplier performance.
Establishing and maintaining stakeholder expectations with business leaders and ensuring the team exceeds expectations with delivering services.
Establishing and maintaining a category of spend strategy and incorporating it throughout the sourcing to contracting lifecycle that results in reducing our supply base and optimizing our existing suppliers.
Ensuring sourcing and supplier management processes, workflows, and standards are aligned with vendor risk, project management, legal, and technology stakeholder requirements.
Supporting merger and acquisition activities by aligning supplier bases and achieving cost reductions.
Thriving in a fast-paced, ever-evolving work environment.
Utilizing logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Communicating to others to convey information effectively as well as communicating effectively in writing as appropriate for the needs of the audience.
Incorporating knowledge of shared services industry trends, directions, major issues, regulatory considerations, and trendsetters.
Incorporating knowledge of and ability to utilize processes, tools, and techniques for detecting, addressing, and preventing fraudulent situations.
Utilizing creativity and alternative thinking to develop new ideas for and answers to work-related problems.
Considering the relative risks and benefits of potential actions to choose the most appropriate one.
Acting as a financial steward on how money will be spent to get the work done, accounting for expenses compared to budget and potential budget impacts.
Understanding motivating, developing, and directing people as they work, identifying the best people for the job.
Utilizing the ability to develop constructive and cooperative working relationships with others and maintaining them over time.
Incorporating a customer service-oriented function, actively looking for ways to help people.
Utilizing knowledge of functions, features, and applications of Microsoft Office; ability to use the cross-functional features of its applications to enhance overall organizational efficiency.