Sourcing Specialist

Description

Citizens has recently transformed the sourcing experience to the business. In the role of Sourcing Specialist, you will be armed with key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher level strategic discussions and increased savings opportunities. The Sourcing Specialist will report to the Sourcing Team Manager as part of the Sourcing Group within Procurement. The successful candidate will partner with other Sourcing professionals to identify market and economic trend opportunities and execute against them to continually improve the value derived from third party relationships. Primary focus is to align with the business lines in a way that generates a positive impact to them in achieving their business goals, while optimizing value to the overall organization.

Primary responsibilities include

• Contribution to comprehensive commodity and sourcing strategies for strategic/complex negotiations.
• Ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework.
• Working with Senior Sourcing Lead by performing market analysis, benchmark analysis and spend analysis for assigned commodity projects.
• Working with Line of Business partners to establish specifications for product/service being purchased.
• Lead or facilitate the supplier selection and negotiation process. Put in place contracts for strategic purchases.
• Maintaining close relations with the industry supply base and industry experts with the objective to develop innovative solutions to complex problems.

Qualifications, Education, Certifications and/or Other Professional Credentials

• 1-3 years of relevant experience in sourcing and contract negotiation, preferable in highly regulated industry (Financial Services preferred), including managed services contracts, cloud services and SaaS deals.
• Experience in sourcing engagements using best practice 7-step sourcing process (or equivalent) with negotiation skills.
• Strong project management and analytics skills, with experience in root cause analysis
• Knowledge of Ariba, Oracle, and advanced skills in Excel and PowerPoint
• Bachelor's degree in relevant field is preferred

Hours & Work Schedule

Hours per Week: 40

Work Schedule: Monday through Friday

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

Benefits

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.

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Awards We've Received

Disability Equality Index Best Places to Work for People with Disabilities

Fair360 Top Regional Company

FORTUNE's World's Most Admired Companies

Human Rights Campaign Corporate Equality Index 100 Award

Military Friendly Employer

Age-Friendly Institute's Certified Age-Friendly Employer

Bloomberg Gender Equality Index, Standout

Dave Thomas Foundation's Best Adoption-Friendly Workplace

Forbes America's Best Large Employers