BNY offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what is all about.
Position Summary: Leads a global team of category and commodity sourcing leads & negotiators responsible for all needs specific to the category and commodity sourcing. Has responsibility for the assigned categories, which may be global in nature. Leads professional staff indirectly through more junior managers. Develops the sourcing strategy, serves as the primary sourcing contact and is responsible for negotiation outcomes for all categories and commodities. Acts as the senior leader for the teams based in the United States.
Primary Responsibilities
Leads a team of category and commodity sourcing leads responsible for all needs specific to category and commodity sourcing. Leads professional staff indirectly through more junior managers.
Works closely with the head of contracting and sourcing, along with global category leads to develop sourcing strategy and manage sourcing activities. Takes ownership of and is responsible to delivery commercial value while enabling a seamless experience for internal customers and vendor partners.
Oversees the implementation of the sourcing strategy, policies and processes for categories and commodities that are supported from the region. Ensures sourcing methodologies are in alignment with the global/regional strategy of the organization.
Ensures all sourcing methodologies are in alignment with the regional and global sourcing strategies.
Maintains broad knowledge of all category and commodity sourcing needs specific to different regions and serves as the sourcing point of contact. Is accountable for outcomes resulting from high dollar and/or high risk sourcing negotiations.
When needed, will lead the development of standard commodity savings metrics and supplier consolidation and cost reduction policies/ strategies based on recommendations from category owners.
Leads sourcing category leads in conducting industry, emerging market, supplier and sourcing methodology research in order to inform and complete supplier selection. Recruits, directs, motivates and develops negotiators & sourcing managers, maximizing their individual contribution, their professional growth and their ability to effectively lead their teams.
Ownership of all people related matters concerning the India/APAC teams including recruitment, performance, bandwidth and talent management.
Maintains relationships with global business leaders and senior stakeholders, to ensure sourcing needs are met and managed in accordance with global sourcing policies.
A successful candidate would be required to play the role of a change catalyst to drive efficiency and maximized commercial value while balancing global processes and local requirements/nuances.
Experience: 18+ years of total work experience, with 8+ years of management experience, preferred. Demonstrated experience managing and leading large, complex projects, extensive knowledge and understanding of global procurement and sourcing processes and practices preferred. Demonstrated experience negotiating successful results, managing global spend preferred.
Education: Bachelor's degree or equivalent combination of education and work experience required.
At BNY, our inclusive culture speaks for itself. Here’s a few of our awards:
Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg’s Gender Equality Index (GEI)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
Best Places to Work for Disability Inclusion , Disability: IN – 100% score.
100 Best Workplaces for Innovators, Fast Company
CDP’s Climate Change ‘A List’
Our Benefits
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
About Us
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
About The Team
Global Operations is a client-service-driven organization whose talented and engaged team is dedicated to providing the most competitive services with the highest standards of ethics, quality and efficiency to our clients worldwide.
Seniority level
Director
Employment type
Full-time
Job function
Purchasing and Supply Chain
Industries
Financial Services
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