Manager, Global Strategic Sourcing - Marketing

Visa•Foster City, CA

2d•$129,200 - $206,700•Hybrid

About The Position

Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid. At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world. Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you. Job Summary The Manager of Strategic Sourcing leads by example, and through partnership, to drive competitive advantage and value for Visa Inc. As a Sourcing Manager, you are accountable for developing negotiation strategies to deliver sustainable results across certain Marketing Categories by identifying new opportunities for value and process improvement. You will need a strong sense of urgency and the ability to succinctly frame issues and recommendations to drive decisions forward. This role will report into the Sr. Director – Strategic Sourcing Marketing and be a part of the broader Global Procurement Organization. For Media, Martech and Events & Sponsorships, Manager will lead engagements across media planning & buying, marketing technology and experiential to enable supply market solutions for various business needs.

Requirements

5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Nice To Haves

6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
5 – 7 years leading the development and management of category plans or sourcing strategies specific to marketing categories.
In-depth understanding of the agency and production marketplace; deep industry and/or professional relationships with suppliers and agencies
Deep understanding of marketing math/measurement and associated metrics
Past experiences challenging the status quo by developing recommendations for change through leveraging business acumen, market intelligence, and insights to drive a broad strategic impact across an organization
Demonstrated contract and agreement negotiation experience, including development of negotiating plans and strategies for various marketing categories
Strong relationship-management skills and ability to communicate effectively, and collaborate with, senior-to-exec management.
You need to be able to tell compelling stories through insights and data
Undergraduate degree required, graduate degree preferred
Experience in contract and agreement negotiation, including development of negotiation plans and strategies for business and commercial contracts.
Experience developing category strategies working closely with the business to drive efficiencies a plus.
Knowledge and understanding of merger and acquisition activities to support contract lifecycle management and migration.
Experience working independently and collaboratively with partners at all levels on a global scale.
Experience managing multiple projects/initiatives and work streams simultaneously.

Responsibilities

Engages and establishes business partnerships with cross functional leadership across Visa to collaborate, influence, and drive sourcing strategies
Manages complex sourcing strategies, scope requirements, Business Partnerships, and navigates complexity within a large global matrixed organization
Leads the supplier selection and negotiation process. Acts as primary liaison to Legal to negotiate contractual terms in partnership with business owners.
Collaborates with legal and other company departments and functional stakeholders to analyze risks and develop language to minimize exposure
Leads highly complex sourcing events (E-Auctions, RFx, etc) and provide final analysis on value achieved to finance business partners
Creates a shared vision by embedding and integrating the role of strategic sourcing into various parts of the business
Provides high level guidance on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple media agencies
Performs and organizes market analysis, benchmark analysis, and financial analysis that is illustrated in a storytelling format to drive insights and decision making
Is a champion for change that can act decisively to drive decisions, while demonstrating agility to support the evolution of business needs
Communicates effectively and frequently, listens carefully, and actively seeks and values the perspectives of others
Develops and manages category wide SRM plans with a focus on continuous improvement and innovation
Supports the implementation of Global Sourcing policies and procedures.