Sourcing Commodity Specialist - Technology
Company: Citizens
Location: Fairfield
Posted on: August 5, 2022
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Job Description:
Description
Sourcing Commodity Specialist - Technology
Citizens Bank is currently in the process of delivering a
transformed sourcing experience to the business. - In the role of
-Sourcing Commodity Specialist, you will -be armed with key spend
data, forward looking market intelligence and a fully integrated
source to pay process, enabling you to be a strong strategic
partner with business line executives. - This will help you drive
shorter cycle times, increased market intelligence, higher level
strategic discussions and increased savings opportunities.
The Sourcing Commodity Specialist will report to the Sourcing Team
Manager as part of the Sourcing Group within Procurement. - The
successful candidate will partner with other Sourcing professionals
to identify market and economic trend opportunities and execute
against them to continually improve the value derived from third
party relationships. - -The Sourcing Commodity Specialist will
exhibit business acumen with a proven track record for executing
strategic sourcing projects to take advantage of savings
opportunities across the Bank. - -Primary focus is to align with
the business lines in a way that generates a positive impact to
them in achieving their business goals, while optimizing value to
the overall organization.
Responsibilities include:
Contribution to comprehensive commodity and sourcing strategies for
strategic/complex negotiations. - Ability to negotiate, including
contract red lining for all types of corporate transactions using
an Agile contracting framework.
Working with Sourcing Commodity Lead by performing market analysis,
benchmark analysis and spend analysis for assigned commodity
projects.
Working with Line of Business partners to establish specifications
for product/service being purchased; Lead or facilitate the
supplier selection and negotiation process; put in place contracts
for strategic purchases.
Maintaining close relations with the industry supply base and
industry experts with the objective to develop innovative solutions
to complex problems.
Qualifications
1-3 years of relevant experience in sourcing and contract
negotiation, preferable in highly regulated industry (Financial
Services preferred), including managed services contracts, cloud
services and SaaS deals.
Experience in sourcing engagements using best practice 7-step
sourcing process (or equivalent) with negotiation skills.
Strong project management and analytics skills, with experience in
root cause analysis
Knowledge of Ariba, Oracle, and advanced skills in Excel and
PowerPoint
#LI-Sourcer3
Why Work for Us
At Citizens, you'll find a customer-centric culture built around
helping our customers and giving back to our local communities.
When you join our team, you are part of a supportive and
collaborative workforce, with access to training and tools to
accelerate your potential and maximize your career growth.
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies provide
equal employment and advancement opportunities to all colleagues
and applicants for employment without regard to age, ancestry,
color, citizenship, physical or mental disability or perceived
disability, ethnicity, gender, gender identity or expression,
genetic information, genetic characteristic, marital or domestic
partner status, victim of domestic violence, family
status/parenthood, medical condition, military or veteran status,
national origin, pregnancy/childbirth/lactation, colleague's or a
dependent's reproductive health decision making, race, religion,
sex, sexual orientation, or any other category protected by
federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens is a brand name of Citizens Bank, N.A. and each of its
respective affiliates.
Keywords: Citizens, Fairfield , Sourcing Commodity Specialist - Technology, IT / Software / Systems , Fairfield, Connecticut
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