FIS

Strategic Sourcing Manager Senior - Professional Services

Posted on: 11 Apr 2021

Cincinnati, OH

Job Description

Are you curious, motivated, and forward-thinking? At FIS youu2019ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About the Position

The Strategic Sourcing Manager Senior is responsible for acquiring, structuring, and negotiating contracts for Professional Services and Non-Employee categories such as IT and Technical Services Consulting, Temporary and Contingent Labor, and other Outsourced and Managed Services.u00A0 This role serves as a Sourcing subject matter expert, partnering with business leaders to optimize financial and operational benefits as well as working with risk managers to mitigate the risks associated with third-party relationships.

What You Will Be Doing

The Strategic Sourcing Manager Senior leads the charge in establishing and implementing company policies and procedures towards internal purchases.u00A0 This individual will also work with suppliers to ensure the company secures the best price possible, while reducing incidental and extraneous cost, all while providing maximum support and value to internal stakeholders.

* Leads and manages procurement engagements with cross-functional internal teams, including needs analysis, market analysis, competitive intelligences, RFI and RFP development, cost and proposal analysis, deal structuring, contract negotiation, and implementation development
* Facilitates development of relationships with vendors/suppliers and maintains relationships for long-term contracts
* Establishes systems and procedures to ensure and enhance overall quality
* Establishes requirements for suppliers to achieve process and quality standards
* Reviews, analyzes, and monitors supplier contract performance and compliance
* Negotiates supplier agreements, statements of work, order forms and other partnering arrangements
* Tracks and analyzes vendor spend and performance
* Maintains solutions to ensure purpose and functionality of suppliers closely aligns with business procedures, directions, and strategies
* Manages the selection process to evaluate products based on user requirements, makes recommendations, and ensures purchases are in alignment with current standards and strategy
* In partnership with business leaders, develop short and long term sourcing category strategies, and execute multiple, medium to high risk and complex projects concurrently
* Develop relationships with key stakeholders to identify current and future business requirements and strategies for third party provider relationships
* Continually maintain knowledge of market and industry trends and professional best practices
* Network externally with industry and international experts to facilitate effective strategic intelligence
* Ensures compliance to contract changes and/or updates based on corporate guidelines and regulatory compliance
* Train, develop, and monitor staff
* May manage staff or line of business

What You Bring

* Bacheloru2019s degree or equivalent combination of education, training, or work experience
* Five or more years of contract negotiation, financial management, and vendor relationship experience
* Extensive understanding of all strategic sourcing policies and procedures
* Knowledge of strategic sourcing or vendor management functions and procedures
* Knowledge of client or vendor relations
* Knowledge of project management methods and techniques
* Broad knowledge of risk management practices and principles
* Excellent verbal and written communication skills to technical and non-technical audiences of various s levels in the organization, e.g., executive, management, individual contributors
* Excellent problem solving, team and time management skills managing multiple deadlines for self and others
* Proficiency in evaluating the performance capabilities of subordinates as well as counsel subordinates in development and/or corrective discipline
* Proficiency in making projections of future expenses based on analysis of cost effectiveness of past expenditures
* Proficiency to operate independently
* Remote location may be considered for this role

Added Bonus If You Have

* 5 years of current sourcing experience with a focus on professional services is highly preferred
* Proficiency to supervise, lead and manage staff members effectively

What We Offer You

* A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
* A modern, international work environment and a dedicated and motivated team
* The chance to work on some of the most challenging, relevant issues in financial services & technology
* A fantastic range of benefits designed to help support your lifestyle and wellbeing
* A work environment built on collaboration, flexibility, and respect

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Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

FIS

Jacksonville, FL

FIS is a leader in technology and services that helps businesses and communities thrive by advancing commerce and the financial world.

For over 50 years, FIS has continued to drive growth for clients around the world by creating tomorrow’s technology, solutions and services to modernize today’s businesses and customer experiences. By connecting merchants, banks and capital markets, we use our scale, apply our deep expertise and data-driven insights, innovate with purpose to solve for our clients’ future, and deliver experiences that are more simple, seamless and secure to advance the way the world pays, banks and invests.

Headquartered in Jacksonville, Florida, FIS employs more than 55,000 people across 50+ countries, dedicated to helping our clients be ahead of what’s next. FIS offers more than 450 solutions and processes over $75b of transactions around the planet. FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.

For a better understanding of how FIS evolved into a world-renowned financial services technology leader, one needs to look back at the company's history.

The company was founded in 1968 as Systematics™, which was later acquired by ALLTEL Information Services, and then bought by title insurance giant Fidelity National Financial® in 2003, who renamed it Fidelity Information Services (FIS). Over the course of the next few years, FIS acquired several other financial technology firms, including Certegy® in 2006, eFunds® in 2007 and Metavante® in 2009.

These acquisitions broadened its reach across the globe, earned FIS a place on the Fortune 500 listing, and positioned the company as the largest technology provider to the global financial industry.

In 2015, FIS acquired SunGard, whose complementary offerings brought FIS into new markets for financial technology services, including asset managers, traders, custodians, treasurers, third-party administrators and clearing agents.

In Q3 2019, FIS acquired Worldpay, a global leader in e-commerce and payments, greatly expanding FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increasing Worldpay’s distribution footprint.

This combination of organic and external growth has positioned FIS among the world's leading technology providers to the capital markets, retail banking and merchant industries. We connect the value chain and use our scale to develop solutions that enable our clients to grow confidently. We help our clients seamlessly adapt to innovations. We share insights and data with one another. We shape better experiences for clients and their customers alike. And we do all of this because at FIS we’re out to lift economies and communities across the world by relentlessly advancing the interests of commerce and the financial world.

 

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