Senior Category Manager, Contingent Labor

Northern Trust • Chicago, IL

1d

About The Position

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Looking for an experienced Senior Procurement individual to provide end-to-end category management, strategic sourcing, and procurement of contingent labor and outsourced/technology services on a global scale under general supervision (but will work independently most of the time). This person will work on a global team, with teammates in the UK, APAC, and the US, supporting a ~$650M category of spend.

Requirements

• 8+ years of relevant procurement category management experience (emphasis on contingent labor/professional services strongly preferred)
• Understanding of procurement best practices
• Experience developing and implementing process improvements
• Advanced negotiation skills
• Success working with cross functional and diverse teams
• Excellent communication and presentation skills
• Strong time and project management skills
• Detail-oriented
• Ability to breakdown complex problems and resolve them through independent research and analysis
• Past experience presenting to executive and senior leadership
• Experience with sourcing and procurement applications, Coupa, Workday, PeopleSoft ERP, MS Office Suite and advanced Excel skills

Nice To Haves

• Bachelor’s Degree in Business, Supply Chain Management or Finance (MBA preferred)
• Previous experience with vendor management system (VMS) Beeline, and working with a Managed Service Provider
• Experience with Labor Contracts, managed services contracts including large outsourcing contracts is desired, but not required

Responsibilities

• Contingent labor category management
• Collaborate with technology partners to develop and execute sourcing and procurement strategies
• Analyze industry and vendor data / trends and make recommendations to technology partners about key insights, trade-offs, and risks
• Collect requirements and specifications from technology partners and lead competitive bidding processes (e.g. RFx, eAuctions, etc.)
• Negotiate commercial arrangements, SOWs, and MSAs with vendors
• Present negotiation strategies and opportunities to technology partners and management
• Assist with forecasting / planning processes, demand management, and developing contracts that scale future enterprise needs
• Provide thought-leadership around improvements of global policies, operations, programs and processes
• Drive vendor quality and performance improvement initiatives and harness vendor innovation ideas
• Serve as a key subject matter expert
• Carry out complex activities with significant financial, client, and/or internal business impacts

Benefits

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Senior