Consumer & Commercial Banking Sourcing Manager

General information

Career area

Supply Chain

Work Location(s)

500 Woodward Avenue, MI, 601 S. Tryon Street, NC

Remote?

No

Ref #

17368

Posted Date

Monday, April 8, 2024

Working time

Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that's more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You're constantly evolving, so shouldn't your opportunities be, too?

The Opportunity

As a member of the Ally Supply Chain (ASC) Sourcing organization, this position will have primary responsibility for leading sourcing & contracting initiatives across Consumer & Commercial Banking with a focus on the Deposits and Invest businesses.

Responsible for partnering with stakeholders to establish integrated sourcing teams, define business requirements, perform market analyses, complete risk assessments, formulate sourcing and category strategies, and execute objective, fact-based sourcing initiatives to optimize total cost of ownership. Manager will also ensure complete, accurate and proactive management of all contract inventories, P2P system/project updates, data quality metrics, service levels, supplier risk assessments, and sourcing events.

The Work Itself

• Responsible for formulating and driving robust sourcing, supplier and category strategies in direct support of Ally's Deposits and Invest lines of business.

• Identify and collaborate with a variety of internal colleagues and workgroups critical to implementing sourcing strategies, negotiating contracts, leading third-party relationships and onboarding/offboarding supplier partners

• Support the end-to-end management of critical supplier relationships, including constructive handling or resolution of issues and disputes, risk management, contract inventory management, performance and scorecard management, negotiation strategies, etc.

• Develop and maintain strong working relationships with internal business partners

• Lead multiple, medium to high complexity projects as an individual contributor

• Lead/facilitate effective fact-based negotiation strategies to enhance contract benefits and mitigate risk

• Work with business units to improve compliance and optimize spend against established contracts and supplier programs

• Support the management of relationships with suppliers and support constructive handling or resolution of issues and disputes

• Support and enable supplier risk management activities within the Auto Finance operations and Customer Care function

• Identify and lead continuous improvement opportunities

• Create an environment that encourages innovation, integrity and teamwork

The Skills You Bring

• Bachelor's Degree or equivalent work experience required

• 5+ years of strategic sourcing, negotiation, and other relevant procurement experience

• Extensive experience leading highly complex and challenging sourcing projects, running competitive sourcing events, facilitating agency pitches, and negotiating large, complex third-party supply contracts with best-in-class results

• Demonstrated proficiency in category management, performing business and industry analysis, financial analysis, supplier selection and management, contract negotiations, conflict management, decision making, and critical thinking

• Very strong analytical ability with relevant experience developing, analyzing and presenting complex cost models, business cases and strategic plans

• Ability to build strong relationships with internal business partners and experience working with multiple business partners in a collaborative and team-oriented manner

• Strong written and verbal communication skills with an ability to communicate effectively across business levels (both vertically and horizontally)

• Ability to support multiple assignments and stakeholders, prioritize workload and coordinate with teammates to meet deadlines

• Strong analytical skills and proficiency with Excel, including ability to build cost models

• Strong presentation skills including proficiency in PowerPoint

• Comfortable working in an evolving and dynamic environment

• Flexible and can work independently and in a team environment

• Detail-oriented, energetic, motivated, and action-oriented

How We'll Have Your Back

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)

• Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.

• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.

• Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.

• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.

• Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.

• To view more detailed information about Ally's Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

Who We Are:

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

Emerging

90000

Experienced

120000

Expert

150000

Incentive Compensation: This position is eligible to participate in our annual incentive plan.