IT Strategic Sourcing (Sr Associate) - Jersey City, NJ & Tampa, FL at StradIT

Role: IT Strategic Sourcing (Sr Associate)

Employment: W2 only

Experience: 7 to 12 years

Locations: Jersey City, NJ & Tampa, FL

Work mode: Hybrid

Primary Responsibilities

• Support the Sourcing team’s partnership with the business customers to deliver on the organizational sourcing strategy to meet financial and operational control objectives.
• Manage relationships with suppliers to foster strategic partnerships that enable continuous value-delivery.
• Oversee the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.
• Pro-actively manage renewals to drive savings and mitigate business disruptions.
• Participate in value driven QBRs for key IT vendors
• Leverage spend and contract data to identify savings and efficiency opportunities.
• Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits.
• Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback
• Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals.
• Review requests via centralized intake tool and gather requirements from business clients.
• Review supplier proposals and facilitate process for final vendor selection with appropriate customers
• Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with goals
• Initiate supplier onboarding process and coordinate with suppliers to facilitate onboarding process; manage any required troubleshooting
• Coordinate with customers to provide general insight to current request status and expected timeline
• Work closely with corresponding Sourcing Directors to ensure comprehensive understanding of category strategy, requirements and targets
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; increases appropriately

Qualifications

• Minimum of 6 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success

• Minimum of 7 years of IT Strategic Sourcing and Category Mgmt. at a global organization, preferably in financial services.
• Experience and proven success developing RFXs and negotiating HW, software, telecom/networking, private cloud, public cloud, and IT professional services contracts.
• Knowledge of enterprise IT vendors as well as emerging technology providers.
• Strong organizational competency with the ability to independently manage competing priorities.
• Comfortable with organization change and transformation.