Procurement Sourcing Manager Associate - Jersey City, United States - Sumitomo Mitsui Banking Corp

Sumitomo Mitsui Banking Corp Jersey City, United States

1 week ago

Description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $77,000.00and $115, The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

ThisStrategic Sourcing Manager will report to a Sourcing Category Leader(s) and is responsible for executing on category and supplier spend management strategies for third party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting. This role will be focused on professional services.

Role Objectives

Complete the following activities for material sourcing events, as appropriate:
* Work with internal stakeholders to define requirements
* Identify qualified suppliers
* Design and execute the competitive process
* Evaluate competitive offerings from suppliers and develop and present sourcing options that meet SMBCs business requirements
* Conduct commercial term negotiations
* Implement and govern buying channels
* Partner and collaborate with:
* Regional sourcing colleagues
* Internal stakeholders
* Internal Procurement Operations, Third Party Risk and Contract Management
* In-house Legal, Risk and Finance teams
* Maintain compliance with all policy and procedural guidelines
* Identify new opportunities that address or anticipate client needs

Priorities
Ability to effectively challenge the status quo and "build an alliance" to deliver change. Proactive engagement with clients to identify and develop value added opportunities and comprehensive sourcing strategies.

Qualifications and Skills

What we are looking for...
* Bachelor's Degree required with experience in the financial services industry a plus
* 3 to 5 years of professional services sourcing experience

Preferred Qualifications...
* Collaborator and leadership skills
* Ability to adapt and thrive in an evolving environment
* Strong business acumen.
* Strong issue resolution, negotiation, and project management skills.
* Strong people skills.
* Ability to engage with all management levels
Initiative-taking /self-starter with ability to work independently.
* Experience with PowerPoint and Excel pivot tables.
* High level of comfort working with technology.
* Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
* Experience and proven ability to drive change with management direction by influencing others at all levels within the organization.
* Ability to communicate effectively with internal sourcing and client stakeholders
* Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures to derive a TCO
* Experience in drafting and redlining contracts. Strong knowledge of the key aspects of the RFI/RFP/RFQ and the sourcing process
This hybrid role will have a defined work location that includes work from home and assigned office days as set by the manager.

SMBC's employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at

Associate Manager

1 week ago

J New York, United States

Our Story · We make timeless clothes that last a lifetime then pair them with of-the-moment styles season after season, decade after decade. We think that distinct heritage pairs perfectly with modern design and fabric technology. We believe in feel-good colorEven if black or nav ...
Associate Manager

1 week ago

Orveon Global US LLC New York, United States

**About Us** · Orveon is a new kind of beauty company launched in December 2021 when we acquired our three iconic brands - bareMinerals, BUXOM, and Laura Mercier. With more than 1,000 employees and operating in 40+ countries, we're a truly global business. Our headquarters are in ...
Associate Director, Project Management

1 week ago

Royal Bank of Canada Jersey City, United States

**Job Summary** · The Associate Director within U.S. CFO Operations Office, Data Strategy & Analytics group will drive various strategic initiatives across all verticals within the US Finance team. In addition, this role will help transform business processes while partnering acr ...
Procurement Sourcing Manager Associate

1 week ago

Sumitomo Mitsui Banking Corporation Jersey City, United States

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...
Asset Management Associate

20 hours ago

NYC Careers Manhattan, United States

**Asset Management Associate**: · - Apply**Asset Management Associate**: · - Agency: OFF OF PAYROLL ADMINISTRATION · - Posted on: 05/17/2024- Job type: Full-time · Location · MANHATTAN · - Title Classification: Exam may be required · Department · Special Projects · - Salary range ...
Associate Service Manager

1 day ago

Morgan Stanley New York, United States

Associate Service Manager · Job Number: · 3252561 · POSTING DATE: May 16, 2024 · PRIMARY LOCATION: Americas-United States of America-New York-New York · JOB: Wealth Management · EMPLOYMENT TYPE: Full Time · JOB LEVEL: Assistant Vice President · DESCRIPTION · -: · Service Managers ...
Associate Manager, Programs

1 week ago

Urban Green Council New York, United States

_**Join NYC's most impactful team working to decarbonize buildings for healthy and resilient communities.**_ · Urban Green Council is seeking an experienced, driven and knowledgeable **Associate Manager for Programs** to join our Education team. Reporting to the Senior Director o ...
Care Management Associate

1 week ago

MetroPlusHealth New York, United States

**Position Overview**: · The Care Management Associate, under the direction of the CMA Supervisor, is responsible for the daily activities of the member case intake functions and associated workflow, as well as for performing other duties associated with the coordination of membe ...
Associate Account Manager

3 days ago

Millwork Holdings Co., Inc. New York, United States

Are you a movement maker? Are you seeking new and exciting career opportunities? · Here is what you need to know about the job: · We are seeking a highly skilled and customer-centric Associate Account Manager with expertise in costing within the swimwear industry to join our team ...
Event Management Associates

4 days ago

Sintra Technologies New York, United States

**Event Management Associate** · **Worksite Address 383 Madison Avenue, #1, New York, NY % onsite)** · **6 months of contract with possible extension and potentially will go full time** · - Coordinate meetings and events within designated center. Work with internal partners in ca ...
Associate, Asset Management

1 day ago

Oxford Properties New York, United States

Why join us? · Are you looking to join an innovative, global real estate company who builds communities and connects people to exceptional places? If so, we would love to tell you our story. · At Oxford, our culture is truly one of a kind. Across business lines and around the wor ...
Associate Account Manager

2 days ago

Adswizz New York, United States

New York, New York · - Advertising · - Regular Employee Full-Time · - R · **Who We Are**: · SiriusXM and its brands (Pandora, SiriusXM Media, AdsWizz, Simplecast, and SiriusXM Connect) are leading a new era of audio entertainment and services by delivering the most compelling su ...
Associate Client Management

20 hours ago

HSBC New York, United States

-Job description · Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the peo ...
Business Management Associate

1 week ago

PSEG Newark, United States

**Requisition**: 78023 · **PSEG Company**: Public Service Electric & Gas Co. · **Salary Range**: $ 56,100 - $ 84,200 · **Incentive**: PIP 5% · **Work Location Category**: Hybrid · PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow ...
Product Management Associate

4 days ago

The Metropolitan Museum of Art New York, United States

About the Metropolitan Museum of Art · The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The M ...
Associate Product Manager

1 week ago

Capital Rx New York, United States

Location: Remote (For Non-Local) or Hybrid (Local to NYC area) · **Position Summary**: · This high-performing individual will be responsibility for delivering on formulary. · **Position Responsibilities**: · - Collaborate with other PMs, engineers, UX designers, and other stakeho ...
Associate Manager, Experiences

1 day ago

Conde Nast New York, United States

Condé Nast is a global media company producing the highest quality content with a footprint of more than 1 billion consumers in 32 territories through print, digital, video and social platforms. The company's portfolio includes many of the world's most respected and influential m ...
Associate Account Manager

4 days ago

Shipfusion York, United States

Shipfusion gives brands the best tools possible for building a successful eCommerce operation. We were founded by a team of long-time eCommerce and logistics professionals who believe retailers should be able to trust their fulfillment partners as much as their in-house team. · A ...
Associate, International Asset Management

1 week ago

QuadReal New York, United States

**About QuadReal Property Group** · QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $73.8 billion. From its foundation in Canada as a full-service real es ...
Associate Director, Project Management

3 days ago

Ogilvy New York, United States

Ogilvy · - New York, New York · - Job Posted Date: 04/11/2024 · Associate Director, Project Management · About Ogilvy · Ogilvy was founded in 1948 by David Ogilvy. David created a culture that deeply respects and cares about its people and clients. Our mission is to inspire peopl ...