Sourcing Lead - Technology

Citizens Bank • Johnston, RI

4h • Onsite

About The Position

Citizens is currently in the process of delivering a transformed Digital
Experience to our customers. In the as a Software Sourcing Lead, you will be
armed with key spend data, forward looking market intelligence and a fully
integrated source to pay process, enabling you to be a strong strategic partner
with business line executives. This will help you drive shorter cycle times,
increased market intelligence, higher level strategic discussions and increased
savings opportunities.

The Sourcing Lead will report to the Sourcing Team Manager in Strategic Sourcing
within Procurement. The Lead will drive cost savings initiatives for the
software commodity and consider the total cost of ownership across Citizens. The
successful candidate will partner with business owners to identify market and
economic trend opportunities and execute against them to continually improve the
value derived from third party relationships. The Sourcing Lead will exhibit
strong business acumen, technical knowledge and understanding of the financial
services industry. The primary focus is to align with the business lines in a
way that generates a positive impact to them achieving their business goals,
while optimizing value to the overall organization.

Requirements

• Bachelor's degree or 4 years equivalent experience in technology sourcing

Nice To Haves

• Experience with software negotiations and complex software licensing models
• Strong technology background
• Knowledge of testing, development and integration software
• Experience with contracting lifecycle from Concept to Contract
• Ability to lead difficult conversations
• Clear & concise communications
• Ability to take on project independently
• Ariba and Icertis contact management experience

Responsibilities

• Assist in the development of software strategies to achieve cost savings and improve quality and service levels by identifying opportunities and sourcing strategies for strategic/complex negotiations.
• Oversee all spend activity for assigned software commodity and determine proper action plan for all purchases that meet Procurement involve threshold.
• Join and potentially lead cross-functional teams to execute sourcing initiatives including the competitive bidding process and contract negotiations; ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework.
• Provide subject matter expertise for the associated business/function; effectively work with functional and business groups as a trusted advisor to determine desired product/service specifications and projected demand when making recommended action plans.
• Maintain current with the industry supply base and industry trends with the objective to develop innovative solutions to complex problems.
• Proactively identify improvement opportunities for assigned category areas and recommend key actions; utilize analytical thinking and tools to identify new benefits generation; prioritize projects to ensure demonstrated impact to the business.
• Partner with Legal, business lines and policy owners to mitigate risk and deliver strong contractual protections.

What This Job Offers

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