Sourcing Generalist

GBTO•Jersey City, NJ

About The Position

Global Banking Technology & Operations (GBTO) delivers day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. With IT & Operations teams working side by side under the same leadership, the goal of GBTO is to meet the evolving needs of its clients and market requirements, as well as anticipate technological advances to accelerate and support the transformation of GBIS activities. GBTO is at the very heart of this technological and operational challenge The Sourcing Generalist of the SG Americas Sourcing Department supports the overall goals of the SG global Sourcing Department in Paris (ACHA/DIR) of reducing and controlling SG’s cost structure and commercial and legal risks within the Americas region. The Sourcing Generalist will be responsible for sourcing mid to low level business requirements across multiple categories of spend (HR, Real Estate, IT HW/SW, Services, Consulting etc….). The position requires a skilled, experienced sourcing professional with general knowledge of Industry and related practices, with excellent negotiation and contract drafting skills. A qualified candidate will possess a strong sourcing acumen and be capable of generally applying sourcing strategy and techniques across a variety of spend. Additionally, the individual is required to have experience collecting business requirements, testing the market, negotiating/drafting commercial and to some extent legal terms of an agreement and must have strong communication and interpersonal skills. Day to day responsibilities include but not limited to: Support the sourcing category leads by applying the sourcing process to mid to low level projects/agreements. Negotiate/Draft mid to low level agreements including, but not limited Master Agreement, Schedules, SOWs, Amendments, NDAs etc... Reduce cost, increase quality, and improve service by reducing number of suppliers and consolidating purchasing power (supplier rationalization) and/or optimization of the services or service delivery. Develop and administer supplier RFXs and analyze proposals. Draft contractual terms with the assistance of the Legal department to ensure optimal contractual arrangements and best practices are achieved, which may include responsibility for management of document templates Coordinate and participate in Global/Regional/Local contract negotiations which directly impact SG profit margins. Completes, stores and shares administrative documents and logistical contract signature duties related to specific commodity group Ensuring sourcing policies and procedures are adhered to. Ensure that objectives of key company stakeholders/customers are met. Develop professional relationships with supplier and manage related activities (supplier management). Develop professional relationships with business owners and internal clients, managing related activities (customer management) and participating in monthly and as requested strategy meetings with internal clients. Independently gather and analyze market/financial data from internal and external sources in order to effectively manage assigned commodity area (Benchmarking). Proactively seeks new/alternate sources of supply while establishing alliances and managing supplier relations. Other responsibilities may include\: Liaison with other groups while negotiating a contract (Legal, Third Party Risk, Compliance etc…) Participate in group projects (i.e. contribute to the Souring Transformation, process improvement etc…)

Requirements

Must have strong general experience and knowledge of the sourcing process.
Proficiency in contract terms and condition negotiations and drafting.
Excellent analytical and strategic skills.
Excellent oral and written communication skills (including presentation skills).
Influential with regards to Internal Stakeholders and External Suppliers
Must be a self-starter and be able to operate independently in an aggressive environment.
Excel at analyzing the commodity of spend for savings opportunities and/or service improvement, develop actionable plans, solicit necessary stakeholder support, execute the plan through sourcing/negotiation.
Must have the ability to work well within a team, with global involvement
Basic Office Applications, MS Excel, MS Word, etc.
Experience with Procurement/Sourcing related applications
Minimum of (5) years’ sourcing experience with relevant category knowledge
Strong overall sourcing acumen
Experience equivalent to a BS degree

Nice To Haves

B.S. in Business or other related field of Study
Legal background or degree
Bilingual Skills (French and English)

Responsibilities

Support the sourcing category leads by applying the sourcing process to mid to low level projects/agreements.
Negotiate/Draft mid to low level agreements including, but not limited Master Agreement, Schedules, SOWs, Amendments, NDAs etc...
Reduce cost, increase quality, and improve service by reducing number of suppliers and consolidating purchasing power (supplier rationalization) and/or optimization of the services or service delivery.
Develop and administer supplier RFXs and analyze proposals.
Draft contractual terms with the assistance of the Legal department to ensure optimal contractual arrangements and best practices are achieved, which may include responsibility for management of document templates
Coordinate and participate in Global/Regional/Local contract negotiations which directly impact SG profit margins.
Completes, stores and shares administrative documents and logistical contract signature duties related to specific commodity group
Ensuring sourcing policies and procedures are adhered to.
Ensure that objectives of key company stakeholders/customers are met.
Develop professional relationships with supplier and manage related activities (supplier management).
Develop professional relationships with business owners and internal clients, managing related activities (customer management) and participating in monthly and as requested strategy meetings with internal clients.
Independently gather and analyze market/financial data from internal and external sources in order to effectively manage assigned commodity area (Benchmarking).
Proactively seeks new/alternate sources of supply while establishing alliances and managing supplier relations.
Liaison with other groups while negotiating a contract (Legal, Third Party Risk, Compliance etc…)
Participate in group projects (i.e. contribute to the Souring Transformation, process improvement etc…)