Senior Strategic Sourcing Lead

Citizens Bank
United States
Workplace: OnsiteFull timeUSD 123,000 - 161,000 annuallyFunction: Procurement & SourcingEducation: bachelorsSkills: ["Strategic thinking","Cross-functional collaboration","Building relationships","Contract negotiation","Organizational project management"]

Own strategic sourcing initiatives to drive cost savings and improve quality, service levels, and total cost of ownership across assigned categories. Leverage spend data and forward-looking market intelligence to partner with business executives, oversee procurement actions within spend thresholds, and lead cross-functional teams through competitive bidding and contract negotiations. Provide category subject matter expertise and maintain relationships with industry supply bases to identify innovative solutions and measurable benefits.

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FursaFursa
Citizens Bank
Citizens Bank
3 days ago

Senior Strategic Sourcing Lead

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Source: Company careers pageValidated by: Fursa AI
Last checked: 22 hours agoStatus: Live

Job Summary

Own strategic sourcing initiatives to drive cost savings and improve quality, service levels, and total cost of ownership across assigned categories. Leverage spend data and forward-looking market intelligence to partner with business executives, oversee procurement actions within spend thresholds, and lead cross-functional teams through competitive bidding and contract negotiations. Provide category subject matter expertise and maintain relationships with industry supply bases to identify innovative solutions and measurable benefits.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Procurement & Sourcing
Seniority: Mid level

Key Responsibilities

  • •Develop commodity strategies to achieve cost savings and improve quality and service levels for strategic and complex negotiations.
  • •Oversee all spend activity for assigned commodities and determine proper action plans for purchases within Procurement thresholds.
  • •Lead cross-functional teams to execute sourcing initiatives, including competitive bidding and contract negotiations.
  • •Negotiate, including contract redlining for corporate transactions using an Agile contracting framework.
  • •Provide category procurement subject matter expertise and partner with business owners to align sourcing recommendations to business goals.

Pay and Benefits

Salary: USD 123,000 - 161,000 annually
Perks:MedicalDentalVisionRetirement BenefitsWellness StipendFlexible WorkPaid Leave

Key Requirements

  • •Develop commodity strategies that drive cost savings and improve quality and service through sourcing strategies for complex negotiations.
  • •Oversee spend activity for assigned commodities and determine appropriate procurement action plans within defined thresholds.
  • •Lead cross-functional sourcing teams to execute competitive bidding and contract negotiations.
  • •Negotiate and manage contract redlining for corporate transactions using an Agile contracting framework.
  • •Serve as a category procurement subject matter expert and advise business partners on specifications and projected demand.
Education:Bachelor's
Skills:Strategic thinkingCross-functional collaborationBuilding relationshipsContract negotiationOrganizational project management

Company Brief

Citizens Bank
Regional bank offering retail and commercial banking, mortgage lending, wealth management, and payment services to individuals and businesses across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Providence, United States
Founded: 1828
Website