Sr. Sourcing Manager

Corebridge Financial•Houston, TX
•Hybrid

About The Position

Corebridge Financial is seeking an experienced Sr. Sourcing Manager to lead strategic sourcing of complex software, including SaaS, on-premises software, AI, proofs of concept, and pilots, as well as associated services across a global supply chain. The role covers category assessment and planning, vendor due diligence, RFx processes, negotiations, contracting, and participation in vendor management activities across multiple Lines of Business. It also indirectly manages a team of software sourcing managers. The position works within the Chief Operating Officer organization, which partners with business and functional teams to advance operational excellence. It is based in Corebridge Financial’s Houston, Texas office and follows a hybrid working policy. Estimated travel is up to 25%.

Requirements

  • 10+ years of sourcing experience.
  • 6+ years of experience sourcing software.
  • 3+ years of experience managing personnel.
  • Strong analytical and problem-solving skills.
  • Strong entrepreneurial, interpersonal, and team skills.
  • Demonstrated ability to work independently and in teams to deliver results.
  • Excellent communication, writing, facilitation, collaboration, and interpersonal skills.
  • Ability to develop reporting to track initiative progress.
  • Excellent experience with Ariba, Fieldglass, and Microsoft Office products.
  • Ability to work in a fast-paced environment with minimal supervision.
  • Ability to work with global cross-functional teams and operate with a flexible work schedule.
  • Bachelor’s degree in Business, Supply Chain, or an equivalent field.

Responsibilities

  • Competitively bid and negotiate prices and business terms, translating negotiated terms into clear contracts compliant with policies, procedures, and contracting principles.
  • Provide negotiation and pricing advice to assigned Lines of Business, emphasizing financial savings and risk minimization.
  • Manage complex projects, including stakeholder expectations, leadership involvement, communications, deliverable timing, and executive reporting.
  • Manage workload, training, and performance for a team of software sourcing managers, including employees, augmented staff, and managed service workers.
  • Work effectively across internal and external matrixed environments and at all organizational levels, including with CXOs.
  • Partner with legal, risk, and finance teams on negotiations and initiatives.
  • Partner with business stakeholders, develop and share category-specific operational measurements, and respond to requests promptly.
  • Maintain sourcing system data, metrics, and spend and savings analytics for departmental reporting and policy requirements.
  • Ensure consistency in supplier engagements and complete required supplier due diligence.
  • Work with regional teams and clients on local, regional, and global project activities.
  • Maintain subject matter expertise and stay current on competition, category trends, and industry practices.
  • Participate in or lead initiatives to continuously improve Corebridge’s Sourcing function.
  • Understand clients’ businesses, objectives, and constraints, and respond with appropriate urgency.
  • Build trusted relationships with internal clients and vendors and develop a portfolio approach for selected key spend categories.
  • Collaborate with Supplier Diversity teams.
  • Achieve cost reduction and savings targets.
  • Use effective project management techniques and incorporate differing perspectives to generate ideas, solve problems, and improve performance.

Benefits

  • Medical, dental, and vision insurance plans.
  • Mental health support and wellness initiatives.
  • 401(k) plan with dollar-for-dollar company matching contributions of up to 6% of eligible pay and a company contribution equal to 3% of eligible pay; contributions vest immediately, subject to plan terms and applicable limits.
  • Employee Assistance Program with confidential counseling services and resources.
  • Matching charitable donations to tax-exempt organizations, 1:1 up to $5,000.
  • Up to 16 annual volunteer hours.
  • At least 24 PTO days for eligible employees.
  • Discretionary bonus in accordance with the applicable incentive plan.
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