Senior Vendor Sourcing Manager

Smart IMS•Phoenix, AZ

10d•Onsite

About The Position

The Senior Vendor Sourcing Manager will provide category management leadership, planning, and expertise to business partners within Bank Vendor Management. The role builds relationships with senior stakeholders across core business units and leads the strategic sourcing lifecycle, collaborating with Risk groups and Corporate Legal Services as needed. It leads competitive sourcing events and the review, analysis, and negotiation of strategic projects to identify vendors or alternatives that provide value and favorable pricing and contract terms. The position gathers business and technical requirements and prepares documentation for RFx events, internal presentations, and business cases supporting management approval of multi-year vendor agreements. It also handles ad hoc documents requiring special risk or legal review and provides economic analysis of vendor proposals and expenditure inquiries. The role identifies and documents risks associated with financial services, market data, digital assets, cryptocurrency, custody, blockchain technology, and related fintech transactions. It supports sourcing and procurement for digital asset and cryptocurrency vendors, partnering with Legal, Risk, Compliance, Information Security, Finance, and business stakeholders to assess vendor and regulatory considerations. The Sourcing Manager works with internal subject matter experts to ensure policies and procedures are followed and uses industry-leading procurement services and tools to support supplier and business-partner relationships.

Requirements

Bachelor's degree or equivalent experience.
At least 5 years of experience in category management, strategic sourcing, consulting, vendor management, risk management, and/or procurement.
Familiarity with digital asset market structure, crypto custody models, blockchain analytics, wallet infrastructure, stablecoins, tokenized assets, and evolving regulatory expectations applicable to financial institutions.
Experience sourcing, procuring, negotiating, or supporting vendor engagements involving digital assets, cryptocurrency, blockchain infrastructure, crypto custody, fintech platforms, or related technology services.
Ability to lead cross-functional teams and develop and manage category management plans that maximize value, mitigate risks, and meet internal stakeholder requirements.
Proven ability to build effective working relationships with senior business partners, internal stakeholders, and supplier counterparts.
Self-starter able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction.
Strong negotiation skills and understanding of contract law and risk requirements.
Expertise in sourcing policy, procedures, and processes.
Flexible and adaptable when handling and implementing change, with an understanding of its impact on teams, business partners, and vendors.
Ability to lead multiple projects in a fast-paced environment with tight target dates.
Ability to apply organizational change management and consulting skills and knowledge.
Strong oral and written communication skills.
Strong research and analytical skills.
Strong interpersonal, problem-solving, conflict-resolution, facilitation, and negotiation skills.
Proficiency in Word, PowerPoint, and Excel.

Nice To Haves

Supply chain management, technology, fintech, digital assets, or related financial services experience.
Experience with Ariba and Tableau.

Responsibilities

Provide category management leadership, planning, and expertise to business partners.
Build and maintain relationships with senior stakeholders in core business units and supplier counterparts.
Lead all aspects of the strategic sourcing lifecycle and competitive sourcing events.
Review, analyze, and negotiate strategic projects to identify competitive vendors or alternatives and secure favorable pricing and terms.
Gather business and technical requirements and prepare documentation in support of RFx events.
Develop internal presentations and business cases to support management approvals of multi-year vendor agreements.
Develop, review, and handle ad hoc documents that require special risk and legal reviews.
Provide economic analysis of vendor proposals and internal inquiries about existing or potential vendor expenditures.
Identify and document internal and external risks related to financial services, market data, digital assets, crypto infrastructure, custody, blockchain technology, and fintech transactions.
Support sourcing and procurement for digital asset and cryptocurrency vendor engagements, including custodians, sub-custodians, transfer capabilities, blockchain infrastructure providers, wallet technology vendors, trading platforms, compliance tools, data providers, and other crypto ecosystem service providers.
Partner with Legal, Risk, Compliance, Information Security, Finance, and business stakeholders to evaluate vendor risk considerations, including regulatory requirements, data security, operational resiliency, audit rights, KYC/AML obligations, confidential supervisory information, indemnity, limitation of liability, and bankruptcy remoteness.
Work with Finance, Legal, Risk, and other subject matter experts to ensure policies and procedures are followed.
Use industry-leading procurement services and tools to support the growth and evolution of supplier and business-partner relationships.
Lead cross-functional teams and manage multiple projects in a dynamic environment with tight target dates.