AVP Sourcing Manager L10

Synchrony; Hyderabad; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Synchrony is seeking an AVP, Sourcing Manager (L10) to lead global sourcing initiatives, contract negotiations, and supplier governance from Hyderabad, India. The role requires extensive experience in supplier risk management and cross‑functional leadership across US and international vendors.

You will optimize spend, ensure compliance, and drive strategic supplier relationships to support business growth. The ideal candidate will manage complex sourcing programs, collaborate with Legal and

Qualifications

• Bachelor’s degree with 8+ years in financial services or insurance domain, or 10 years experience in supplier risk/operations

Responsibilities

• Execute sourcing processes and supplier onboarding across global hubs
• Review contractual terms with suppliers and develop category strategies
• Drive productivity, cost savings, and rationalization opportunities
• Work with Legal and business owners on terms and conditions
• Ensure regulatory and reputational compliance across sourcing lifecycle
• Coordinate RFIs/RFPs, market research, and supplier qualification

Skills

Sourcing

Contract Negotiations

Supplier Management

Source to Pay

US Stakeholders

Cross-functional Leadership

Education

Bachelor’s degree

Tools

Coupa

Ariba

Oracle

Job description

Job Description:

Role Title: AVP, Sourcing Manager (L10)

Company Overview

Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.

Role Summary/Purpose

The AVP Sourcing will execute and carry out the sourcing process, ensure supplier compliance during on-boarding and engagement for renewal time periods, review contractual agreements of assigned suppliers, including developing certain sourcing category strategies for Global hubs (US and Philippines). In this role, you will manage and mitigate supplier as well as business risks and work closely with the Business leaders and Sourcing Leaders.

Key Responsibilities

• Regularly meet with business owners across Synchrony lines of businesses (LOBs) and/or Sourcing Leaders to provide guidance and direction to functional teams, with strong process responsibility to develop comprehensive plan to execute while meeting business needs (i.e., examine scope, cost, availability of products/services and market conditions to complete projects).
• Expertise on Global Supply markets (US and Philippines) in terms of supplier/products/services and local compliance requirement for suppliers.
• Drive sourcing initiatives with focus on driving productivity, cost saving benefits and identifying rationalization opportunities.
• Leverage professional expertise with Legal and business owners to review and modify contractual terms & conditions.
• Oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process.
• Conduct and assist RFIs/RFPs, market research and identification, qualification and competitive analysis of required products and services.
• Utilize Source to Pay and e-Auction tools to leverage competition and drive cost reductions.
• Work with Sourcing Team Leader to identify, streamline and support implementation of improvement to Sourcing operating plan as well as the overall Sourcing process.
• Identify, streamline and drive implementation of sourcing strategies for various commodities (majorly but not limited to Technology, Marketing, Contingent Labour, Facilities) as per Business requirement.
• Work with Supplier Management teams and the functional businesses to ensure alignment with strategies, goals, and objectives.
• Regularly monitor, track and report on Sourcing projects to ensure adherence to cycle-time performance metrics.
• Create PowerPoint/Excel materials for review with senior and executive management teams, as required.
• Support updating of all purchasing-related SOPs.
• Perform other duties and/or special projects, as assigned.
• Ability to perform in Global environment and support global working hours as per business needs.

Required Skills/Knowledge

• Bachelor’s degree with a minimum 8 years of experience in financial services or insurance (i.e., Supplier Risk Management, Operations, Customer Service, Collections) or in lieu of a degree 10 years of experience in financial services or insurance (i.e., Supplier Risk Management, Operations, Customer Service, Collections)
• Minimum of 8 years of expertise within Sourcing (including but not limited to category strategy, contract negotiations, supply chain management, supplier management, and/or logistics) with a proven track record for strong execution and delivering value.
• Experience working with Source to Pay systems (Coupa, Ariba, Oracle, or comparable solution)
• Ability to work shifts that meet business needs (mid-shift overlapping US time-zone), including weekends and holidays
• Experience working with US Stakeholders and US Suppliers is a must.

Desired Skills/Knowledge

• Experience within Financial Service or Banking Industry, Manufacturing
• Hands-on experience with executive leadership report-outs.
• Experience in Facilities and Securities Sourcing commodities.