Senior Category Director – Sourcing Strategy, Enablement

Role Overview

• Effectively manage a direct team of Strategic Sourcing Category Directors and Managers within assigned categories
• Oversees the implementation of category strategies within his/her portfolio to optimize business efficiency and ensure the highest level of service delivery, and institutionalizes best-practice processes and policies knowledge sharing with team
• Provide clear direction and expectations of indirect reports across all support groups within the end to end sourcing process and Sourcing Objectives
• Partner with Business Leaders and Executives to ensure that sourcing strategies/category plans are aligned with the Business Goals
• Attracts, retains, and promotes top talent, with a strong focus on diversity and builds a robust slate of credible successors for key leadership positions and for opportunities across Truist
• Promote risk excellence and sound risk management as the first line of defense by driving and aligning with bank-wide policies
• Partners with the Truist executive leaders to improve efficiency, effectiveness, and productivity, control, consumption and material cost reductions as measured and compared with world class benchmarks
• Represent Truist in dealings with clients/balance of trade and external bodies such as regulators and government agencies
• Implement process improvements in all phases of the source-to-pay life cycle, supplier rationalization, volume aggregation, preferred vendor programs, product/service requirements and demand management to reduce supplier costs and proactively manage third party related risks
• Establish and drive supplier diversity sourcing and supplier relationship management programs to maximize performance, value and ensure contract terms and outcomes are me.

Requirements

• Bachelor’s degree
• 15 years of increasingly progressive Procurement, AP, third party risk, corporate services, spend management, consulting, and Strategic Sourcing experience
• Direct management experience of a function with strategic development responsibilities
• Demonstrated leadership capabilities in team development and thought leadership
• Strong analytical skills
• Strong program and transformation management skills
• Strong business acumen
• Exceptional negotiation and influencing skills
• Exceptional interpersonal skills with the ability to communicate effectively at all levels; particularly at the management level
• Executive presence and effective presentation skills
• Proven track record of delivering material cost savings
• Highly self-motivated with the ability to drive change in a matrixed organization with minimum supervision.

Benefits

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• 10 days of vacation
• 10 sick days
• paid holidays