execute and carry out the sourcing process, ensure supplier compliance during onboarding and engagement for renewal time periods
review contractual agreements of assigned suppliers
develop certain sourcing category strategies for Global hubs (US and Asia)
manage and mitigate supplier as well as business risks
work closely with the Business leaders and Sourcing Leaders
regularly meet with business owners across Synchrony lines of businesses (LOBs) and/or Sourcing Leaders to provide guidance and direction to functional teams
examine scope, cost, availability of products/services and market conditions to complete projects
drive sourcing initiatives with focus on driving productivity, cost saving benefits and identifying rationalization opportunities
leverage professional expertise with Legal and business owners to review and modify contractual terms & conditions
oversee supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process
conduct and assist RFIs/RFPs, market research and identification, qualification and competitive analysis of required products and services
utilize Source to Pay and e-Auction tools to leverage competition and drive cost reductions
support implementation of improvement to Sourcing operating plan as well as the overall Sourcing process
create PowerPoint/Excel materials for review with senior and executive management teams, as required
support updating of all purchasing-related SOPs
utilize the Synchrony AI tool to enhance operational efficiency and drive data-driven decision-making.
Requirements
Minimum of 7 years of experience within Sourcing (including but not limited to category management, contract negotiations, supply chain management, supplier management, and/or logistics) with a proven track record for strong execution and delivering value.
Experience within Financial Service or Banking Industry
Demonstrated project management skills
Must have proven strong facilitation skills and experience delivering presentations
Must have proven quantitative and analytical skill set
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
Proven ability to manage complex initiatives across multiple teams/platforms
Ability to work independently and effectively manage multiple priorities with little supervision
Experience working with Source to Pay systems (Coupa, Ariba, Oracle, or comparable solution)
Strong PC proficiency (Microsoft Suite including: Word, Excel, PowerPoint, and Outlook) or comparable software application.
Tech Stack
Oracle
Benefits
best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
career advancement and upskilling opportunities for all to take up leadership roles.