Sourcing Manager

Job description

At Early Warning, we’ve powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle®, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses. Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment. Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship. Overall Purpose This position performs sourcing activities for goods and services, ensuring internal business requirements are met in a cost effective and efficient manner. Applies understanding of general business, finance and technical operational requirements. Initiates and drives vendor contractual and pricing negotiations to achieve optimal procurement results. Evaluates market conditions and performs benchmarking activities to ensure efficient cost structures for required goods and services. Essential Functions Initiates and leads sourcing activities to identify, select and contract with industry leading and/or high quality, trustworthy vendor partners. Execute and manage purchases within Early Warning Services policies and guidelines, including high-dollar value and high complexity purchases for goods and services, as well as technical hardware, software, and services for internal business use. Evaluate, negotiate and execute vendor contracts to support organizational product and service needs. Maximize opportunities to create cost efficiencies and improve service levels with vendors while ensuring high quality products and services are provided. Continually evaluate vendor relationships, making recommendations and managing changes as appropriate. Utilize Strategic Sourcing processes to optimize spend. Investigate and recommend alternate sources for technology product and services as necessary to support new business product & service development, cost reduction requirements, and/or address vendor performance issues. Develop and maintain effective working relationships with all departments and leadership at all levels. Represent the company in a professional manner and maintain a high level of confidentiality and integrity in all business interactions. Maintain current knowledge of advanced purchasing methods, procurement trends, current technology, market conditions, and applicable laws and regulations including the Uniform Commercial Code to maximize efficiency, effectiveness and regulatory compliance. Support the company's commitment to protect the integrity and confidentiality of systems and data. Minimum Qualifications Bachelor’s degree in business, Procurement or related field Typically, a minimum of 8 years progressive procurement or related experience Strong negotiation skills and effective written and verbal communication skills. Demonstrated expertise in supporting high-impact business requirements such as Marketing, Technology and Professional Services. Strong skills in evaluating and negotiating contractual language and pricing associated with master agreements, vendor services agreements, statements of work (SOW), subscriptions and licensing agreements within compliance framework. Effective collaboration and communication skills within and across both internal and external teams and constituents. Demonstrated effectiveness in analyzing business needs or procurement opportunities for significantly improving expense, service and quality. Effective organizational, project and planning skills. Knowledge of laws and regulations guiding procurement practices. Demonstrated expertise in independently drafting and analyzing RFP’s, RFQ’s, RFI’s Demonstrated high level of proficiency in the Microsoft suite of productivity applications such as Word, Excel, PowerPoint, Outlook and Visio. Familiarity with enterprise financial systems along with finance and accounting requirements relating to budgets and procurement. Background and drug screen. The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow instructions and perform other related duties as assigned by their supervisor. Preferred Qualifications Master’s degree or MBA degree in business or related field preferred. Knowledge of e-procurement technologies. Experience with Dynamics GP and/or Coupa. Experience with workflow management Additional related education and/or experience preferred 5-7 years of technology sourcing experience, including but not limited to technology and professional services category management Physical Requirements Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling and reaching. Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and/or external customers. Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation. The base pay scale for this position in: Phoenix, AZ/ Chicago, IL in USD per year is: $104,000 - $130,000. Additionally, candidates are eligible for a discretionary incentive plan and benefits. This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate’s education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes. Some of the Ways We Prioritize Your Health and Happiness Healthcare Coverage – Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses. 401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility. Paid Time Off – Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day. 12 weeks of Paid Parental Leave Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work. And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process! Early Warning Services, LLC (“Early Warning”) considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees. Early Warning Services LLC is a proud participant in E-Verify, a federal program to help ensure a legal and authorized workforce. As part of our hiring process, we electronically verify the employment eligibility of all new hires through E-Verify. For more information on your rights and responsibilities under E-Verify please visit Home | E-Verify .