VP Procurement

VP Procurement - Construction Sourcing Miami, FL ics Job Type: Direct Placement Ref No: 22-00640 Date: January 28, 2022 APPLY WITH ICS Job Description - VP Procurement - Construction Sourcing Who we are looking for

Our client is a global fiancé company that's looking for a VP Procurement – Category Manager/Strategic Sourcing will be a key hire for the Miami office. You will play a key role working on Construction projects globally. The role is expected to bring strong sourcing subject matter knowledge and best practice techniques to manage and lead the "end to end” sourcing and negotiation on strategic deals across Professional Services and support the development & implementation of Category Strategy plans. HR, Legal, Marketing are the primary categories the role will be responsible for but will also cover Consulting where needed. This role will report to the Head of Professional Services Procurement and be part of the Global Procurement Services (GPS) function.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Professional Services Sourcing Lead you will

· Manage and motivate a small team of individuals (direct and matrix) with varying levels of Category Strategy and Sourcing knowledge and experience; support, train and develop key talent where applicable; establish cross-functional teams for major projects and change initiatives

· Drive annual savings and productivity improvements via Strategic Request for Proposals (RFPs), demand and process management

· Coordinate, prepare and manage RFx/competitive bids to optimize cost and service

· Perform direct negotiations and manage sometimes large and complex agreements incl. pricing negotiation using the five levers that incentivize a supplier

· Heavily contribute to P&L and Cost Avoid savings for the team and find saving opportunities via stakeholder engagement and data analysis

· Support/lead the development and implementation of multi-year Category Strategy plans which align with Business Unit / functional stakeholders

· Develop and manage a positive relationship with difficult stakeholders and ensure client satisfaction with service, cycle time, and strategic value-add

· Support the use of preferred supplies, pricing / rate-cards, discounts, and buying channels

· Solution requests and issues timely and perform daily problem solving

· Assess adherence to plans / guidelines and help address leakage or knowledge gaps

· Performs all duties in accordance with prescribed regulatory compliance guidelines; quickly learn the State Street end to end process, and work within the guidelines to gain savings and deliver results

What we value

These skills will help you succeed in this role

· Proven self-starter who can work independently and within a team while effectively juggling multiple priorities

· Personal resilience to work within an extremely fast-paced and ambiguous environment

· Experienced strategic thinker and problem solver with attention to detail

· Strong communication skills with ability to manage challenging stakeholders diplomatically

Education & Preferred Qualifications

· Bachelor's Degree in a related field preferred

· 7 plus years strategic sourcing experience for Professional Services spend is a must

· Core experience in HR, Legal, and Marketing categories is a must, with Consulting experience desirable

· Proven track record of delivering P&L saving projects

· Top level commercial negotiation skills with ability to influence cross-functionally

· Prior in-depth experience negotiating with large and difficult Professional Service providers

· Experience of and ability to develop and implement category strategy plans for Professional Services sourcing

· Understanding of best-in-class Procurement, Risk, Information Security and payable processes

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