Senior Director Procurement/Strategic Sourcing

Global Technology Services (GTS) is Aegon's global IT partner that provides infrastructure services, information security and global/corporate application support for Aegon's businesses around the world. From 6 locations in the US, the Netherlands, UK, and Hungary, we support 20+ country units and 24000+ employees in the world. Our support consists of a wide range of centralized global IT services such as programming, database management, project management, agile/dev/ops, and more. We continue to maximize the value from having a clear digital and data technology platform strategy that extends our ecosystem, as an approach to digitization, enhancing customer experience, and improving operational efficiency. All of these teams work closely together to provide innovative and digital solutions as well as critical technology support. This is essential for enabling Aegon's businesses around the globe to be innovative, digital and competitive, efficient, and effective, and to provide the best solutions and customer experience for our customers and shareholders.

The Senior Director Procurement and Strategic Sourcing will provide strategic leadership in driving continuous improvement of the overall sourcing end to end lifecycle by implementing industry best practices to reduce spend, reduce risk, and increase process efficiency and effectiveness for our internal business partners and strategic relationships. Manage the Strategic Sourcing team to successfully execute all enabling activities including negotiations, contracting, and communications.

Responsibilities:

• Collaborate with key stakeholders to develop and implement indirect sourcing strategies
• Provide leadership to the Sourcing team, including performance coaching and developmental opportunities to build strong, qualified subject matter experts knowledgeable of industry leading practices to enable achievement of the organization’s objective.
• Develop high performing sourcing professionals through internal and external training (formal and informal),and exposure to leading practices to strengthen the team’s procurement acumen.
• Assess the current state of the negotiations and contracting practices and recommend and implement changes to align with best practices
• Develop sourcing/deal strategy and lead negotiations for high complexity, high risk or otherwise critical contracts
• Continually identify and implement new opportunities for cost savings, cost avoidance, and value creation and proactively tracks progress towards these objectives. Develop innovative approaches to delivering benefit to the organization beyond traditional performance measures. Continually refine these programs to deliver optimal results for the company.
• Prepare and presents business cases, return on investment models, and change management programs to stakeholders and senior management.
• Instill a culture of continuous improvement within the team and foster a bias for root cause problem solving
• Lead complex, high risk, or critical negotiations with suppliers, contractors and partners
• Oversee the contracting process and work closely with the Legal, Risk, Compliance, and other matrix partners, to drive efficiencies in the end-to-end purchasing process.
• Provide leadership for all phases of the sourcing process, including project identification and start up, data collection and analysis, option development and recommendation preparation, implementation and supplier management.
• Anticipate unfavorable events through data analysis; prepare control environment for preventative, detective, manual and wherever possible automated controls.
• Develop and maintain relationships with key stakeholders and matrix partner functions as well as the vendor community; interact with senior management levels, which involves negotiating and influencing on significant matters such as addressing and resolving service issues, complaints, and concerns.
• Provide consultation, recommendations and assistance with reporting, data input, and data collection.
• Work with internal stakeholders and sourcing partners to identify bottlenecks and drive solutions.
• Champion, sponsor and participate in key project initiatives.
• Build collaboration among diverse groups, through effective communication, consensus and team building.
• Work with key stakeholders to develop actionable reporting packages that enables leadership to take appropriate action for risk reduction and effective spend management.
• Identify opportunities that enable the organization to exploit combined purchasing leverage across business units.
  
  

Qualifications:

• Bachelor’s or Master’s degree in Accounting, Finance, Vendor or Business Management, Supply Chain or equivalent work experience.
• Ten years of sourcing and negotiations experience, including significant experience with technology (software, SaaS, hardware, network, telecom, Cloud, etc.) and managed service/outsourcing deals
• Eight years of management experience.
• Experience working with insurance and financial services regulators and governance bodies in the US and Europe as it relates to third party directives.
• Strong negotiation skills with vendors, contractors, and customers.
• Deep understanding of information security, data security and privacy regulatory requirements.
• Outstanding communication skills and ability to interact with all levels, across all disciplines of the organization.
• Analytical approach to problem solving, with a focus on managing a team environment with attention to results and with a sense of urgency.
• Demonstrated experience with procurement/AP industry systems like Ariba, Concur, Fieldglass, etc.
  
  

Preferred Qualifications:

• Lean Six Sigma, Kaizen or other Business Process Improvement methodology experience.
• Active participation in Sourcing and Procurement Industry Associations.
• Experience negotiating global and multinational contracts.
• Experience leading teams that span multiple countries.
  
  

Working Conditions:

• Office or Remote environment
• Occasional travel, including some international.
  
  

Compensation:

• **Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
• The Salary for this position generally ranges between $165,000 - $245,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
• Bonus Eligibility: This position is also typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion.
  
  

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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