AVP Sourcing

Cobden & Carter International; Muntinlupa; Hybrid; PHP 1,500,000 - 2,200,000; Full time

Job summary

A leading company is looking for an AVP Sourcing in Muntinlupa. The role involves overseeing supplier compliance, driving sourcing initiatives, and engaging with various business units. Ideal candidates will have a Bachelor's degree, extensive experience in sourcing, and strong project management skills, ready to thrive in a fast-paced environment.

Qualifications

• Minimum 8 years of experience in financial services or insurance.
• Proven track record in sourcing and delivering value.

Responsibilities

• Manage supplier compliance and sourcing initiatives.
• Conduct RFIs/RFPs and market research.
• Track and report on sourcing projects effectively.

Skills

Project Management

Supplier Risk Management

Analytical Skills

Negotiation

Communication

Education

Bachelor's degree

Tools

Source to Pay Systems

Microsoft Suite

Job description

Role:

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.

Responsibilities:

• Regularly meet with business owners across company 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.

Qualifications:

• Bachelors degree with a minimum 8 years of experience in financial services or insurance (i.e., Supplier Risk Management, Operations, Customer Service, Collections).
• Minimum of 8 years of experience within Sourcing (including but not limited to category management, contract negotiations, supply chain management, supplier management, and/or logistics) with a proven track record for strong execution and delivering value.

Desired Characteristics:

• Experience within Financial Service or Banking Industry
• Experience in Facilities and Securities Sourcing commodities.
• Demonstrated project management skills
• Must have proven strong facilitation skills and experience delivering presentations
• Must have proven quantitative and analytical skill set
• Experience providing outstanding oral and written communication skills at all levels of the organization
• High enthusiasm and desire to work in fast paced, ever changing environment
• Proven ability to manage complex initiatives across multiple teams/platforms
• Ability to work independently and effectively manage multiple priorities with little supervision
• Experience working with Source to Pay systems (Coupa, Ariba, Oracle, or comparable solution)
• Strong PC proficiency (Microsoft Suite including: Word, Excel, PowerPoint, and

Work setup:

• Work shift: 3PM to 12AM PHT
• Hybrid work set-up
• Location: Muntinlupa

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