Senior Category Manager - Contingent Labor at Northern Trust

Chicago, Illinois, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Master’s Degree in Business, Supply Chain Management or Finance is preferred
Fifteen or more years’ experience in Sourcing or Procurement related field or an equivalent combination of education and work experience
MBA or other advanced degree and a professional Procurement/Supply Chain Management certification preferred
Specialized depth and/or breadth of expertise in Strategic Sourcing and Category Management best practices
Ability to interpret internal/external business challenges and recommend best practices to improve products, processes or services
Experience as a Procurement Consultant providing end-to-end category management, strategic sourcing, and procurement of contingent labor and outsourced/technology services on a global scale under general supervision (but working independently most of the time)
Ability to communicate difficult concepts and negotiate with others to adopt a different point of view
Ability to act as a catalyst for change and improvement

Responsibilities

Develops best-in-class procurement and category management practices enterprise-wide, including effective sourcing and overall procurement strategies; processes and infrastructure to effectively manage procurement activities across all spending categories; sustainable purchasing methods, delegating tactical and administrative tasks as appropriate
Works with Category Managers to establish and communicate category strategy and provide updates on adherence to strategy
Mentors Category Managers on the approach and resources to educate themselves in their industry and expand their knowledge base
Develops, implements and communicates an overall strategy to meet both the Business Unit's and Corporation's strategic plan
Establishes periodic strategic reviews with executive leadership to promote top down alignment and best practices with clients
Leads and manages sourcing events (e.g. Request for Proposal, Request for Information, Request for Quote, Renewals, New Product negotiations) and the sourcing process, including project management, development of RFx, negotiations and award process
Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements, Statements of Work, etc. and leading all aspects of contract & price negotiations and ongoing contract administration
Responsible for adherence to procurement processes and procedures
Supports supplier adherence to contracts, manages suppliers via supplier activity reporting and business/performance reviews, supports supplier scorecards, supplier rationalization and demand management opportunities
Supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships)
Manages reporting of Procurement performance metrics, and provides ongoing support for internal and external audit requests
Establishes and maintains relationships with key partners, education on policy/guidelines and resolving related purchasing issues
Utilizes Contract Management System for systematic organization and classification of contracts
Interacts with business and Partners to formulate and implement strategy and solutions to enhance existing services, create new services or improve processes. Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the solution