Director - Sourcing and Contracts

McKinsey & Company; Newark (NJ); On-site; USD 213,000 - 284,000; Full time

Benefits offered by this job

Comprehensive benefits package

Opportunities for continuous learning

Value-driven work culture

Job summary

McKinsey & Company is seeking a Sourcing Director in Newark, NJ. The role involves leading sourcing operations, developing talent, and strengthening compliance while utilizing automation for improved operational efficiency.

Qualified candidates will have over 15 years of experience and a strong track record in fostering high-performance cultures. You will collaborate with cross-functional teams to ensure effective procurement practices and measurable ROI. A comprehensive benefits package is included, reflecting the company's commitment to employee wellness.

Qualifications

• 15+ years of relevant experience.
• 5+ years as a Sourcing Director or equivalent leadership role.
• Deep understanding of regulatory frameworks and risk management.
• Strong knowledge of financial principles and procurement best practices.

Responsibilities

• Lead development efforts in sourcing and contracts.
• Drive operational efficiencies leveraging AI and automation.
• Strengthen regulatory compliance and supplier due diligence.

Skills

Sourcing leadership

Risk management expertise

Financial principles knowledge

Regulatory framework understanding

Contract structuring

High-performance culture fostering

Complex problem-solving

Education

University degree in STEM, Supply Chain, Business, or a related field; advanced degree or MBA preferred

Job description

• Atlanta
• Connecticut - Darien
• London
• Miramar
• New Jersey
• New York City
• Philadelphia
• Washington DC

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place.

YOUR IMPACT

Yourprimary focuswill be on the sourcing and contracting teams, ensuring they have theexpertise, tools, and development opportunities to drive success.

You will be part of the Global Procurement Operations Department, overseeing Sourcing and Contracts. Reporting to the Director of Global Procurement Operations, you will lead efforts to develop talent, strengthen regulatory compliance, partner with Category Management to deliver value for the firm, deliver value to the categories, and drive operational efficiencies through outsourcing, automation, and AI.

To keep the team'sexpertisesharp and continuously evolving, you will actively engage with theProduct Development & Procurement(PDP) practice, drawing insights from industry trends, best practices, and external benchmarks. Collaboration withEthics & Compliance, Legal, Risk, and ESGwill be essential to ensure sourcing practicesremainaligned with evolving regulatory requirements and responsible procurement standards. Additionally, you will partner withTechnology & Digital teamstooptimizesourcing operations and contract management,leveragingautomationand AI to enhance efficiency and streamline workflows.

Developing talent is the foundation of this role. You will build deep sourcingexpertise, upskill colleagues, and create a culture of continuous improvement to ensure long-term impact. Strengthening regulatory compliance will be a key priority, embedding strong controls, supplier due diligence, and targeted training to ensure alignment with internal policies and external regulations. Delivering value to the categories will require ensuring that all spend follows a structured sourcing process and that negotiated benefits are fully realized. You willdrive operational efficiencies to focus on simplifying processes, streamlining sourcing and contracting handoffs, andleveragingAI, automation, and outsourcing to improve execution and reduce cycle times.

YOUR GROWTH

You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference.

When you join us, you will have:

• Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
• A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
• Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
• Exceptional benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

YOUR QUALIFICATIONS AND SKILLS

• A university degree inSTEM, Supply Chain, Business, or a related field; an advanced degree or MBA is preferred
• 15+ years of relevant experience
• 5+ years as a Sourcing Director or an equivalent leadership role with a proven track record in mentoring, upskilling, and fostering a high-performance culture
• Demonstrated success operating in fast-paced, complex, and evolving business environments, with the ability to manage competing priorities, navigate ambiguity, make sound decisions under pressure, and consistently deliver results
• Deep understanding of regulatory frameworks, supplier due diligence, and risk management in sourcing
• Strong knowledge of financial principles, market trends, and procurement best practices, with the ability to assess and drive measurable ROI
• Proven ability to structure complex contracts, manage supplier relationships, and collaborate with senior leadership and cross‑functional teams
• Experience designing and implementing sourcing and contract management processes that optimize execution, integrate automation and AI, and improve procurement operations
• A strategic mindset with the ability to lead transformation, influence stakeholders, and drive continuous improvement in sourcing and contracting

Please review the additional requirements regarding essential job functions of McKinsey colleagues.

Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.

FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

Certain U.S. jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role.

To help you understand what you can expect, the salary range for new joiners in this role in United States, including all office locations where the job may be performed, is $213,000 - $284,000 USD gross per year. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance.

Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.