Strategic Sourcing Manager

FIS

About The Position

At FIS, our technology and our people are moving forward. We advance the way the world pays, banks and invests. We believe in building inclusive, diverse teams. Together, we innovate to help our colleagues, clients and communities succeed. If you’re ready to grow your career and make an impact in fintech, we have one question: Are you FIS? About the role: The Strategic Sourcing Manager will select and monitor vendors/suppliers to ensure performance meets requirements in a cost-effective manner. This position is key to ensuring client activities and/or corporate functions are managed effectively.

Requirements

Bachelor’s degree or the equivalent combination of education, training, or work experience.
Typically requires three to five years of contract negotiation, financial management, and vendor relationship experience.
Knowledge of strategic sourcing or vendor management functions and procedures
Knowledge of client or vendor relations
Knowledge of project management methods and techniques
Proficiency to supervise, lead and manage staff members effectively
Excellent verbal and written communication skills to technical and non-technical audiences of various s levels in the organization, e.g., executive, management, individual contributors
Excellent problem solving, team and time management skills managing multiple deadlines for self and others
Proficiency in evaluating the performance capabilities of subordinates as well as counsel subordinates in development and/or corrective discipline
Proficiency in making projections of future expenses based on analysis of cost effectiveness of past expenditures
Proficiency to operate independently

Responsibilities

Facilitates development of relationships with vendors/suppliers and maintains relationships for long-term contracts.
Establishes systems and procedures to ensure and enhance overall quality.
Establishes requirements for suppliers to achieve process and quality standards.
Reviews, analyzes, and monitors supplier contract performance and compliance.
Negotiates and coordinates additions, deletions, and modifications to agreements.
Develops and maintains vendor relationships including tracking and analysis of vendor spend and performance.
Maintains solutions to ensure purpose and functionality of suppliers closely aligns with business procedures, directions and strategies.
Manages the selection process to evaluate products based on user requirements, makes recommendations and ensures purchases are in alignment with current standards and strategy.
Train, develop, and monitor lower level staff.
May manage staff or line of business.