Sourcing Manager

LOCAL CANDIDATES ONLY - 3 DAYS ONSITE in VIENNA, VA

Required Skills

- Bachelor’s degree in Business Administration or related field

- 7 years in procurement, IT strategic sourcing, or vendor management

- Experience with RFPs, RFIs, SOWs, and vendor evaluation

- Strong data analytics and manipulation skills

- Advanced negotiation and contract management (SLAs, MSAs)

- Ability to translate business goals into IT capabilities

- Excellent communication, presentation, and relationship-building skills

- Proven ability to manage multiple priorities and resolve conflicts

- Experience with change management and organizational transformation

- Knowledge of strategic sourcing in financial services

The final salary or hourly wage, as applicable, paid to each candidate/applicant for this position is ultimately dependent on a variety of factors, including, but not limited to, the candidate’s/applicant’s qualifications, skills, and level of experience as well as the geographical location of the position.

Applicants must be legally authorized to work in the United States. Sponsorship is not available.

Responsible for the development and execution of sourcing strategies that support strategic vision and goals and to support efficient business operations. Individuals in this role will effect change and drive change management for new methodologies, solutions and approaches to sourcing and technology within. Individuals in this role will generate high-quality work product and strategize vendor approach in a collaborative manner to support cost savings with beneficial contractual terms that effectively manage risk. The SSM leverages best in class practices and sound sourcing processes that drive reliable and innovative Total Cost of Ownership initiatives.

Responsibilities:

• Collaborate with partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights

• Preparation, issuance and management of a RFP’s/ RFIs

• Build and maintain relationships with lines of business, team members, management, key stakeholders and external contacts (e.g., vendors, etc.)

• Identify and work collaboratively with the client and other stakeholder groups (Operations, PVM, EPMO, OGC, Information Security, etc.) to achieve objectives and ensure alignment with Navy Federal’s strategy and business operations

• Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement/sourcing processes and building relationships with key stakeholders

• Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works

• Manage a competitive RFP process that is standardized with consistent language, evaluation criteria

• Participates in collaborative handoffs with PVM staff to ensure effectively negotiated contracts that meet desirable financial terms and conditions

• Administer Non-disclosure agreements, Risk Assessments and the supplier due diligence process in collaboration with P&VM Risk team

• Support P&VM contracts teams in negotiating MSAs and other agreements

• Support periodic performance review meetings with vendors

• Provide regular feedback on supplier performance

• Analyze business unit requirements for leveraging opportunities, supplier recommendations, acquisition planning

• Consult with business unit partners to provide sourcing strategy advice to maximize favorable results and support client strategy and goals

• Lead source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources

• Obtain and analyze vendor performance and delivery data for to ensure quality, consistency, and fairness to inform sourcing activities

• Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results

• Ability to develop the overall strategy for a product category and researches new product options in the category to drive TCO savings and achieve targets

• Provide Category insight by analyzing market data and monitoring relevant market conditions

• Perform other related duties as assigned or appropriate Qualifications and Education Requirements:

• Bachelor’s Degree in Business Administration or a related field, or the equivalent combination of education, training, and experience

• Significant experience in preparing and reviewing RFPs, RFIs, SOWs

• Significant experience in IT strategic sourcing, category management, subcontracts management or procurement

• Significant experience in managing a formalized process of selecting, monitoring and evaluating IT vendors/vendor contracts

• Advanced skill translating business goals and objectives into IT capabilities

• Significant experience developing, negotiating, and managing service level agreements

• Advanced skill exercising initiative and using good judgment to make sound decisions

• Advanced skill resolving conflicting requests and meeting changing requirements managing multiple priorities independently and/or in a team environment to achieve goals

• Advanced skill communicating complex processes to senior leadership, strong presentations skills

• Advanced skill relationship building, negotiation and facilitation skills

• Strong Data Analytics and data manipulation skills

• Significant experience with change management and organizational transformation

• Working knowledge of procedures or strategic sourcing experience in financial services

• 7 years procurement experience

Benefits/Other Compensation

This position is a contract/temporary role where Hays offers you the opportunity to enroll in full medical benefits, dental benefits, vision benefits, 401K and Life Insurance ($20,000 benefit).

Why Hays?

You will be working with a professional recruiter who has intimate knowledge of the industry and market trends. Your Hays recruiter will lead you through a thorough screening process in order to understand your skills, experience, needs, and drivers. You will also get support on resume writing, interview tips, and career planning, so when there’s a position you really want, you’re fully prepared to get it.

Nervous about an upcoming interview? Unsure how to write a new resume?

Visit the Hays Career Advice section to learn top tips to help you stand out from the crowd when job hunting.

Hays is committed to building a thriving culture of diversity that embraces people with different backgrounds, perspectives, and experiences. We believe that the more inclusive we are, the better we serve our candidates, clients, and employees. We are an equal employment opportunity employer, and we comply with all applicable laws prohibiting discrimination based on race, color, creed, sex (including pregnancy, sexual orientation, or gender identity), age, national origin or ancestry, physical or mental disability, veteran status, marital status, genetic information, HIV-positive status, as well as any other characteristic protected by federal, state, or local law. One of Hays’ guiding principles is ‘do the right thing’. We also believe that actions speak louder than words. In that regard, we train our staff on ensuring inclusivity throughout the entire recruitment process and counsel our clients on these principles. If you have any questions about Hays or any of our processes, please contact us.

In accordance with applicable federal, state, and local law protecting qualified individuals with known disabilities, Hays will attempt to reasonably accommodate those individuals unless doing so would create an undue hardship on the company. Any qualified applicant or consultant with a disability who requires an accommodation in order to perform the essential functions of the job should call or text 813.336.5570.

Drug testing may be required; please contact a recruiter for more information.