VP, Sourcing - Technology

SynchronyAlpharetta, GA
Hybrid

About The Position

The VP Sourcing, IT will develop the sourcing strategy, execute the sourcing process, ensure supplier compliance during the onboarding and engagement renewal time periods and negotiate the contractual agreements of assigned suppliers. In this role, you will deliver bottom line savings to the business, manage and mitigate supplier risk as well as business risks and work closely with the IT functional leaders and their teams.

Requirements

  • Bachelor’s degree with a minimum of 7 years’ of progressive leadership experience within IT Sourcing/Supply Chain or related function with ability to demonstrate strong leadership, execution, and significant business and bottom-line contributions.
  • Able to travel up to 25%
  • Ability and flexibility to travel for business as required
  • You must be 18 years or older
  • You must have a high school diploma or equivalent
  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
  • Legal authorization to work in the U.S. is required.

Nice To Haves

  • Experience working in the Financial Services Industry.
  • 4+ years experience managing IT processes/projects.
  • Proven strong facilitation skills and experience delivering presentations.
  • Experience providing outstanding oral and written communication skills at all levels of the organization.
  • High enthusiasm and desire to work in fast paced, ever changing environment.
  • Ability to work independently and effectively manage multiple priorities with little supervision.
  • Proficiency in Microsoft Office applications, including Word, Excel, and PowerPoint.
  • Proven ability to manage complex initiatives across multiple teams/platforms.
  • Must have demonstrated project management skills.
  • Proven quantitative and analytical skill set.

Responsibilities

  • Lead category sourcing (Hardware, Telecom, Network, Cloud) with high autonomy and accountability over buy and cost reduction targets.
  • Develop, implement, and lead overall supplier strategy for assigned suppliers ensuring sourcing process integrity, business protections, optimizing productivity, and supplier performance.
  • Provide leadership to IT functional teams with strong process responsibility to develop comprehensive supplier / buyer contractual relationships to meet the business needs.
  • Leverage professional expertise with Legal and business owners to negotiate and draft comprehensive commercial agreements.
  • Oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process.
  • Conduct RFPs, vendor research and identification, qualification and competitive analysis of required products and services.
  • Utilize e-Auction tools where appropriate to leverage competition and drive cost reductions
  • Develop and implement sourcing operating plan and growth playbook information for assigned categories and suppliers working closely with IT functional teams to ensure alignment with business strategies, goals, and objectives.
  • Perform other duties and/or special projects as assigned

Benefits

  • Annual bonus based on individual and company performance.
  • Flexibility to work from home near one of our Hubs or come into one of our offices.
  • Inclusive culture where individual skills, experience, and voice are valued.
  • Access to Employee Resource Groups (ERGs) for community, learning, and growth.
  • Tools and technology to grow your career.
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