Strategic Sourcing Director

PNC • Pittsburgh, PA

3d

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Strategic Sourcing Director within PNC's Supply Chain organization, you will be based in Pittsburgh, PA. PNC is seeking an experienced senior leader with a proven ability to lead teams to deliver the best collective business outcomes for PNC, our clients, and our shareholders. The role will manage a team of approximately 5-10 Sourcing team members with responsibility for Sourcing over $1B in annual spend across various products and services in support of our retail banking business areas including Credit Card, Debit Card, ATM, Digital Banking, Deposits, and others. This leader will be expected to interact with executive leadership regularly, understanding and enabling strategic priorities, and proactively advising team members and business partners on Sourcing, Procurement, Contracting, and general business best practices. This leader and their team will be responsible for sourcing categories across technology, hardware, physical goods, and services in support of the various retail businesses. Some specific categories examples include Card Processing, Card Network Agreements, Card Plastics Manufacturing and Personalization, ATM Hardware, ATM Maintenance, Print, Mailing, Banking Core Solutions, Merchant Services, Fraud, Digital Payments, Rewards, and others. Further this individual will be a member of the Sourcing Leadership Team and expected to play a role in continually evaluating the Sourcing Process at PNC, making recommendations for improvements, and leading improvement efforts in pursuit of continuous improvement.

Requirements

• Strategic Sourcing Process (8+ Years Experience. Expert in conducting Market Landscapes, RFIs, RFPs, and other events to optimize supplier selection)
• Leadership (5+ Years of Management Experience, Demonstrated Experience Coaching and Developing Talent, etc.)
• Strategic Thinking (Negotiation Strategy, Category Strategy, Supplier Strategies, etc.)
• Contract Negotiation & Redlining (Cost structures, SLAs, Payment Terms, Termination Rights, etc.)
• Expert Communicator including Executive Communication
• Financial Analysis (Total Cost Analysis, Savings Analysis, etc.)
• Customer Service (Accountability, Follow Through, Responsiveness, etc.)
• Influence (Ability to obtain buy-in across a diverse group of stakeholders)
• Process Improvement (Lean Six Sigma Certifications are a preferred)
• Knowledge of Procurement Technologies (Source to Pay, Contract Lifecycle Management, Etc.)
• Awareness of Evolving Procurement Technology Landscape
• Spend Analysis
• Risk Management
• Proven ability to drive significant P&L benefits (Cost Savings, Cost Avoidance, Revenue Generation, etc.)
• Financial Services/ Banking Industry Experience Preferred
• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree.
• Industry-relevant experience is typically 8+ years.
• At least 5 years of prior management experience is typically required.
• Proven leadership experience with a moderate to large scope of responsibility is required.

Nice To Haves

• Procurement
• Purchasing Management
• Sourcing Strategies
• Supplier Management
• Supplier Selection
• Vendor Relationships
• Vendor Risk Management
• Higher level education such as a Masters degree, PhD, or certifications is desirable.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Responsibilities

• Leads the research, evaluation, negotiation, and selection of suppliers to acquire high-quality, cost-effective goods and services.
• Manages a team of individual contributors and managers that prepare complex purchasing assignments requiring vendor selection and pricing comparisons.
• Ensures that the team is consulting with vendors to obtain optimum pricing and contractual terms.
• Researches and negotiates highly complex organizational purchases.
• Oversees the team's negotiates with vendors to obtain optimum quality, cost, terms, etc.
• Responsible for the team's activities in developing and monitoring the effectiveness of purchasing strategies and initiates improvements as necessary.
• Responsible for contributing to department strategy, management, process improvements, and policy.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.
• PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees