Workforce Optimization Lead at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Financial Services, TechnologyIndustries

Bachelor’s degree in Business, Supply Chain, Technology Management, or related field required. Master’s degree preferred
Minimum of 7 years in vendor management, procurement strategy, or technology operations
Proven experience working with cross-functional teams (Technology, Procurement, Finance) to execute large-scale supplier or workforce initiatives
Experience managing external labor and supplier relationships in a complex, multi-site environment
Background in management consulting is preferred
Strong understanding of technology supplier and external labor market
Familiarity with financial analysis and risk mitigation related to supplier and workforce planning
Exceptional presentation, oral and written communication skills
Demonstrated ability to manage complex programs and deliver results on time and within budget

Develop and implement supplier footprint optimization strategy for Technology
Set targets, metrics, and reporting to track progress and results
Partner with senior tech leaders to create team roadmaps for supplier optimization
Monitor roadmap progress and coordinate with stakeholders to achieve objectives
Partner with Procurement to represent IT Strategic Spending in external labor RFP processes, ensuring objectives are aligned with business priorities
Collaborate with Tech Finance to document productivity related to external labor
Lead and coordinate quarterly strategy review meetings with designated external labor suppliers
Streamline and oversee the processes of the External Labor Oversight Group, including scheduling, action tracking, and approval management
Monitor and implement medium- and long-term optimization initiatives as requested by the External Labor Oversight Group
Manage annual furlough process with Procurement
Define reporting requirements to monitor Technology external labor headcount and spending trends
Deliver clear, concise, and effective communications to stakeholders, including executive leadership
Contribute external labor content, as needed, to monthly workforce overviews