VP Procurement - Construction Sourcing Miami, FL ics

VP Procurement - Construction SourcingMiami, FLJob Type: Direct PlacementRef No: 22-00640Date: January 28, 2022Who we are looking forOur client is a global finance company that's looking for a VP Procurement – Category Manager/Strategic Sourcing will be a key hire for the Miami office. You will play a key role working on Construction projects globally. The role is expected to bring strong sourcing subject matter knowledge and best practice techniques to manage and lead the "end to end” sourcing and negotiation on strategic deals across Professional Services and support the development & implementation of Category Strategy plans. HR, Legal, Marketing are the primary categories the role will be responsible for but will also cover Consulting where needed. This role will report to the Head of Professional Services Procurement and be part of the Global Procurement Services (GPS) function.Why this role is important to usThe team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.What you will be responsible forManage and motivate a small team of individuals (direct and matrix) with varying levels of Category Strategy and Sourcing knowledge and experience; support, train and develop key talent where applicable; establish cross-functional teams for major projects and change initiativesDrive annual savings and productivity improvements via Strategic Request for Proposals (RFPs), demand and process managementCoordinate, prepare and manage RFx/competitive bids to optimize cost and servicePerform direct negotiations and manage sometimes large and complex agreements incl. pricing negotiation using the five levers that incentivize a supplierHeavily contribute to P&L and Cost Avoid savings for the team and find saving opportunities via stakeholder engagement and data analysisSupport/lead the development and implementation of multi-year Category Strategy plans which align with Business Unit / functional stakeholdersDevelop and manage a positive relationship with difficult stakeholders and ensure client satisfaction with service, cycle time, and strategic value-addSupport the use of preferred supplies, pricing / rate-cards, discounts, and buying channelsSolution requests and issues timely and perform daily problem solvingAssess adherence to plans / guidelines and help address leakage or knowledge gapsPerforms all duties in accordance with prescribed regulatory compliance guidelines; quickly learn the State Street end to end process, and work within the guidelines to gain savings and deliver resultsWhat we valueThese skills will help you succeed in this role:Proven self-starter who can work independently and within a team while effectively juggling multiple prioritiesPersonal resilience to work within an extremely fast-paced and ambiguous environmentExperienced strategic thinker and problem solver with attention to detailStrong communication skills with ability to manage challenging stakeholders diplomaticallyEducation & Preferred QualificationsBachelor's Degree in a related field preferred7 plus years strategic sourcing experience for Professional Services spend is a mustCore experience in HR, Legal, and Marketing categories is a must, with Consulting experience desirableProven track record of delivering P&L saving projectsTop level commercial negotiation skills with ability to influence cross-functionallyPrior in-depth experience negotiating with large and difficult Professional Service providersExperience of and ability to develop and implement category strategy plans for Professional Services sourcingUnderstanding of best-in-class Procurement, Risk, Information Security and payable processes

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