Sourcing Manager

Genworth Financial•Stamford, CT

8d•$80,200 - $158,200•Hybrid

About The Position

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities, Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. Our four values guide our strategy, our decisions, and our interactions: • Make it human. We care about the people that make up our customers, colleagues, and communities. • Make it about others. We do what’s best for our customers and collaborate to drive progress. • Make it happen. We work with intention toward a common purpose and forge ways forward together. • Make it better. We create fulfilling purpose-driven careers by learning from the world and each other. SOURCING MANAGER POSITION LOCATION Richmond/Lynchburg, VA/Stamford CT This role is not eligible for employment visa sponsorship. This role is responsible for selecting, contracting, and managing quality suppliers to protect Genworth and ensure stakeholder commitments are met. The Sourcing Manager will focus on specific categories of spend and partner with business leaders to maximize value while minimizing risk by leading requests for proposal, contract negotiations, and ensuring due diligence practices are followed. Primary categories include Technology Professional Services, Value Added Resellers (VARS), Hardware, and Software.

Requirements

BS/BA in Business, Finance or equivalent work experience.
5+ years of experience in a Sourcing and or Supply Management role or Program Management role
Strong Analytical skills
Inquisitive – desire to continuously learn and grow
Passion for increasing opportunities for diverse businesses.
Demonstrated effective influencing and team building skills with ability to drive results and gain commitment at all levels across the organization
Comfortable with conflict – creating, managing, and resolving
Attention to detail and willingness to read and review documentation
Strong interpersonal, communication (oral and written), and presentation skills.
Knowledgeable on Microsoft suite of office products (Word, Excel. PowerPoint, etc).

Responsibilities

Collaborating closely with business clients, select and contract with suppliers offering the most value (for example, cost savings, cost avoidance, agreement to key terms) to Genworth.
Use the supplier risk tools to determine the service's risk tier and lead the business through the Supplier Life-Cycle stages: selection, contracting, management, and exit.
Manage and maintain strategic relationships with VARs and to drive performance, contract compliance, and value delivery.
Collaborate closely with internal departments to understand their sourcing needs, specifications, and requirements.
Develop and issue complex Request for Proposals, manage the selection process and lead contract negotiations.
Work with the Sourcing Operations and Supplier Management Leader to drive adherence to Sourcing and Supplier Management Policy.
Manage a pipeline of sourcing projects, ensuring prioritization aligns with enterprise goals.

Benefits

Medical, Dental, Vision, Flexible Spending Account options beginning your first day
Generous Choice Time Off your first full year
12 Paid Holidays
40 hours of volunteer time off
401K Account with matching contributions
Tuition Reimbursement and Student Loan Repayment
Paid Family Leave
Child Care Subsidy Program
Competitive Compensation & Total Rewards Incentives
Comprehensive Healthcare Coverage
Multiple 401(k) Savings Plan Options
Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
Disability, Life, and Long Term Care Insurance
Training & Certification Support
Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
Caregiver and Mental Health Support Service