Strategic Sourcing Analyst
M&T BankSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BiotechnologyIndustries
Requirements
Candidates must have 7+ years of professional experience in strategic sourcing, vendor management, or a similar role, with direct experience managing contracts and vendor lifecycles. Essential qualifications include demonstrated ability to identify and drive cost savings and process efficiencies, strong negotiation skills, and experience with contract processes. A builder mentality, proven ability to influence stakeholders, and strong ownership and prioritization skills are also key competencies.
Responsibilities
The Senior Strategic Sourcing Manager will reinvent the vendor and contract management framework, defining processes and creating templates for efficient execution. This role involves acting as a trusted advisor to business partners, leading RFP processes for critical vendors, and identifying opportunities for cost savings and risk mitigation within the vendor portfolio. The manager will also partner closely with legal and risk teams, lead negotiations, and educate stakeholders on process value.
Skills
Strategic Sourcing
Vendor Management
Contract Management
RFP Process
Cost Savings
Risk Mitigation
Process Improvement
Cross-functional Collaboration
Negotiation
Mission Lane
Provides transparent credit solutions and education
About Mission Lane
Mission Lane LLC offers credit cards designed to help individuals build or rebuild their credit, particularly those with limited credit history or financial setbacks. Their products feature no hidden fees, no security deposits, and instant approval decisions, making them more accessible than traditional credit cards. The company stands out by providing free access to credit scores and educational resources, helping clients improve their creditworthiness. Mission Lane's goal is to promote responsible credit use by rewarding good financial behavior with higher credit limits over time.
Richmond, VirginiaHeadquarters
2018Year Founded
$687.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees
Benefits
Full health, dental, and vision benefits
FSA
Paid parental leave
401k with company match
Generous PTO
Flexible work schedule
Risks
Increased competition from fintechs could erode Mission Lane's market share.
Economic downturns may lead to higher default rates, impacting profitability.
Rapid tech advancements require continuous updates, straining Mission Lane's resources.
Differentiation
Mission Lane offers credit cards with no hidden fees or security deposits.
Instant credit card application decisions reduce customer anxiety and waiting times.
Partnership with Plaid enhances access to over 7,000 financial apps and services.
Upsides
Recent $150 million investment supports aggressive expansion and product development.
Credit Builder Account offers unique value with no fees or interest for credit improvement.
Brandon Black's appointment as CEO brings strategic growth and operational excellence.
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