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Executive Director, IT Strategic Sourcing Specialist

2 months ago

Jersey City, New Jersey, United States Dtcc Full time
About the Role

We are seeking an experienced IT Strategic Sourcing Executive to join our Chief Financial Office team at DTCC. As a key member of our organization, you will be responsible for developing and executing the company's overall IT Sourcing strategy, ensuring alignment with business needs while meeting financial and operational control objectives.

Key Responsibilities
  • Partner with IT leadership to create a sourcing strategy that drives value and mitigates risk.
  • Develop and maintain strategic partnerships with key vendors, fostering continuous value delivery.
  • Ensure compliance with policy, process, and systems for all IT categories spend.
  • Lead the full lifecycle of strategic sourcing, including RFx, contracting, and procurement workflow.
  • Proactively handle renewals to drive savings and mitigate business disruptions.
  • Evangelize the sourcing and procurement function to ensure business owners understand the value proposition and how to effectively partner with the Sourcing team.
  • Develop and lead a value-driven QBR process for key IT vendors.
  • Leverage spend and contract data to identify savings and efficiency opportunities.
  • Drive training and adoption across the organization on the importance of IT Category Management.
  • Leverage experience to enhance the impact of sourcing levers, including spend analysis, RFx tools and templates, contract management, and preferred supplier programs.
  • Develop, report on, and analyze KPIs and OKRs to drive a culture of process improvement across the IT sourcing category.
  • Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits for DTCC.
  • Collaborate with IT Leadership and other key partners to ensure the Sourcing model always meets the changing needs of the organization.
  • Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback.
  • Lead, mentor, and develop members of the IT sourcing team by providing coaching, feedback, and individual development plans for direct reports.
Requirements
  • 10-15 years of IT Strategic Sourcing and Category Management experience at a global organization.
About Us

DTCC is a global leader in the financial services industry, providing innovative technologies that improve efficiency, lower cost, and bring stability and certainty to the post-trade lifecycle. We are committed to creating a workplace that looks like the world we serve, fostering a diverse and inclusive culture that values collaboration, innovation, and continuous learning.

We offer a competitive compensation package, comprehensive health and life insurance, pension/retirement benefits, paid time off, and a flexible/hybrid work model. If you are a motivated and experienced IT Strategic Sourcing Executive looking for a challenging role in a dynamic organization, we encourage you to apply.