Description
Citizens has recently transformed the sourcing experience to the business. In the role of Sourcing Specialist, you will be armed with key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher level strategic discussions and increased savings opportunities. The Sourcing Specialist will report to the Sourcing Team Manager as part of the Sourcing Group within Procurement. The successful candidate will partner with other Sourcing professionals to identify market and economic trend opportunities and execute against them to continually improve the value derived from third party relationships. Primary focus is to align with the business lines in a way that generates a positive impact to them in Citizens Bank is seeking candidates with technology experience for the role of Sourcing Commodity Specialist. This position will support various business lines in the technology space, including contracting and sourcing of existing and new IT hardware and software to enable our co-workers to deliver a competitive product offerings to our customers. As a Sourcing Commodity Specialist, you will be equipped with key spend data, forward-looking market intelligence, and a fully integrated source-to-pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher-level strategic discussions, and increased savings opportunities
The Sourcing Commodity Specialist will report to the Sourcing Team Manager as part of Strategic Sourcing Group within Procurement. The successful candidate will partner with other Sourcing professionals to identify market and economic trend opportunities and execute against them to continually improve the value derived from third party relationships. The Sourcing Commodity Specialist will exhibit business acumen with a proven track record for executing strategic sourcing projects to take advantage of savings opportunities across the Bank as well as a strong grasp of Technology Sourcing. Primary focus is to align with the business lines in a way that generates a positive impact to them in achieving their business goals, while optimizing value to the overall organization.
Primary responsibilities include
+ Contribution to comprehensive commodity and sourcing strategies for strategic/complex negotiations. Ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework.
+ Working with Sourcing Commodity Lead by performing market analysis, benchmark analysis and spend analysis for assigned commodity projects.
+ Working with Line of Business partners to establish specifications for product/service being purchased; Lead or facilitate the supplier selection and negotiation process; put in place contracts for strategic purchases.
+ Maintaining close relations with the industry supply base and industry experts with the objective to develop innovative solutions to complex problems.
Qualifications
+ 1-3 years of technology procurement experience in sourcing and contract negotiation, preferable in highly regulated industry (Financial Services preferred), including managed services contracts, software, end-user hardware and SaaS deals.
+ Experience in sourcing engagements using best practice 7-step sourcing process (or equivalent) with negotiation skills.
+ Strong project management and analytics skills, with experience in root cause analysis
+ Knowledge of Ariba, Oracle, and advanced skills in Excel and PowerPoint
Education, Certifications and/or Other Professional Credentials
+ Associates Degree or Relevant experience
Hours & Work Schedule
+ Hours per Week: 40 M-F
Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Why Work for Us
At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.