Senior Strategic Sourcing Manager

4 days ago


Los Angeles, California, United States City National Bank Full time
Job Title: Senior Strategic Sourcing Manager

City National Bank is seeking a highly skilled Senior Strategic Sourcing Manager to join their Procurement department. This role will be responsible for leading complex negotiations and drafting contracts for commodities and services to be purchased by the bank.

Key Responsibilities:
  • Lead negotiations and contract drafting for commodity/service to be purchased by the bank.
  • Work with Legal, compliance, finance, the business and other departments to minimize risk and obtain favorable terms for the bank.
  • Proactively identify and recommend category sourcing options and partner with stakeholders to implement them.
  • Analyze business plans, spend data, supplier and market data to determine optimal sourcing strategies across businesses and assigned suppliers and/or commodities.
  • Contribute to the achievement of defined category performance targets and participate in or lead competitive RFPs as necessary.
Requirements:
  • Bachelor's Degree or equivalent.
  • Minimum 7 years Procurement experience required.
  • Minimum 5 years of experience working for a bank or financial services company required.
  • Knowledge of negotiation principles & practices, and procurement practices.
  • Ability to adapt to change and think systematically and strategically to analyze issues, develop and create short and long-term actionable plans.
What We Offer:
  • Starting base salary: $101,231 - $172,355 per year.
  • Eligible for bonus and/or commissions.
  • A comprehensive benefits package, including medical, dental, and vision insurance.
  • A 401(k) plan with company match.
  • Generous paid time off and holidays.

City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.



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