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 met.
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.