Sourcing Execution

Hsbc; Xico; Presencial; MXN 600,000 - 800,000; Jornada completa

Descripción de la vacante

A leading bank in Xico, Mexico seeks a Sourcing Execution Senior Manager to lead sourcing strategies optimizing vendor relationships and reducing costs. This role involves collaboration with global procurement teams and managing sourcing activities for IT services and more. Candidates must have strong negotiation and risk management skills. The ideal candidate will demonstrate experience in global procurement environments and a deep understanding of banking regulations. Competitive package offered with potential career growth opportunities.

Formación

• Strong understanding of banking regulations, compliance, and risk management as they relate to procurement.
• Experience working in global procurement environments.
• Excellent negotiation and contract management skills.

Responsabilidades

• Develop and implement sourcing strategies for key categories.
• Collaborate with global teams to align sourcing strategies.
• Analyze supplier markets to drive procurement decisions.
• Lead supplier evaluation and contract negotiations.
• Track and report on cost savings and supplier performance.

Conocimientos

Negotiation skills

Supplier relationship management

Analytical skills

Leadership skills

Communication skills

Descripción del empleo

Job Description

The Sourcing Execution Senior Manager is responsible for leading sourcing strategies that support the bank's procurement of goods and services.

This role focuses on optimizing vendor relationships, reducing costs, ensuring regulatory compliance, and aligning procurement activities with the bank's strategic goals.

The position requires close interaction with global procurement teams to ensure strategic alignment, as well as collaboration with the bank's procurement outsourcing vendor (Genpact), which manages all tactical procurement activities.

Key Responsibilities

• Develop and implement sourcing strategies for the bank's key categories, such as IT services, facilities, marketing, and professional services.
• Collaborate with global procurement teams to ensure sourcing strategies are aligned with the bank's overall global goals and procurement best practices.
• Analyze supplier markets and industry trends to make data-driven procurement decisions.
• Work with cross-functional teams, including finance, legal, and compliance, to ensure sourcing aligns with the bank's business objectives.
• Lead supplier evaluation, selection, and contract negotiations to ensure optimal service levels, quality, and cost.
• Establish and maintain strong relationships with key vendors to ensure long-term partnerships and effective delivery of services.
• Oversee supplier performance management, ensuring adherence to service-level agreements (SLAs), compliance requirements, and continuous improvement.
• Serve as the key point of contact between the bank's strategic sourcing function and global procurement teams, ensuring that sourcing strategies are integrated and aligned globally.
• Collaborate with the bank's procurement outsourcing vendor (Genpact), who manages all tactical procurement activities, to ensure seamless operations and execution of procurement strategies.
• Ensure that the bank's procurement processes benefit from global synergies and are continuously optimized through coordination with both internal and external procurement stakeholders.
• Identify cost-saving opportunities across the bank's procurement categories while maintaining or enhancing service levels.
• Collaborate with internal stakeholders to streamline procurement processes and leverage economies of scale.
• Track and report on cost savings, procurement performance metrics, and supplier efficiency.
• Ensure procurement activities comply with banking regulations, corporate governance policies, and external legal requirements.
• Mitigate risk in the supply chain by adhering to the Third Party Risk Management (TPRM) framework, supporting audits and risk reviews, and implementing all identified initiatives for continuous improvement.
• Support the development of risk management frameworks to ensure continuity in critical supply areas.
• Foster collaboration within the team and across departments to drive procurement best practices and innovation.
• Partner with internal departments such as IT, legal, operations, and finance to align sourcing strategies with the bank's strategic initiatives.
• Coordinate with risk and compliance teams to ensure all vendor relationships and contracts meet regulatory standards.
• Support project teams in procurement activities related to major bank initiatives.

Qualifications

• Strong understanding of banking regulations, compliance, and risk management as they relate to procurement.
• Experience working in global procurement environments and aligning local procurement strategies with global objectives.
• Excellent negotiation, contract management, and supplier relationship management skills.
• Strong leadership, communication, and analytical skills.