Manager, Strategic Sourcing - Treasury and Financial Services

SuperMom's LLC; Irving (TX); Hybrid; USD 130,000 - 190,000; Full time

Job summary

7‑Eleven is seeking a Strategic Sourcing Manager to lead procurement across Treasury, Payments and Financial Services, including banking partners, gift cards, kiosks, and digital payments. You will craft requirements, issue RFx, evaluate proposals, negotiate contracts, and drive value through cost reduction and risk mitigation.

The role requires strong data-driven decision making, cross-functional collaboration, and the ability to build supplier relationships while managing contract lifecycles

Qualifications

• Bachelor’s degree or equivalent experience required.
• Minimum 5+ years of relevant work experience.
• 2+ years of sourcing experience preferred.
• Experience with Treasury, payments, and financial services procurement.
• Proficient in bid analysis, pricing, and total cost of ownership.

Responsibilities

• Define sourcing priorities with cross-functional leaders.
• Develop data-driven sourcing strategies and recommendations.
• Support RFx development, proposal evaluation, and contract negotiations.
• Coordinate with banking partners, processors, tech providers for implementation.
• Monitor market trends affecting Treasury and Payments programs.
• Provide governance, reporting, and risk summaries.

Skills

Data-driven sourcing

Stakeholder coordination

Negotiation strategy

Excel proficiency

Financial modeling

Education

Bachelor’s degree or equivalent

Tools

Microsoft Office (Excel, Outlook, PowerPoint)

Job description

7‑Eleven is an iconic family of brands with over 86,000 locations, surpassing every retailer in the world. We revolutionize convenience, restaurants and fuel through cutting edge innovation — working hard to be the customer's first choice. 7‑Eleven empowers our employees to "activate awesome" and make a meaningful impact in their stores and communities every day. If you're ready to grow, lead and make a difference, come join our team and help shape the future of convenience.

JOB SUMMARY

The Strategic Sourcing Manager is an experienced sourcing professional that oversees all sourcing/procurement related activities and processes for the Treasury, Payments and Financial Services. This includes managing sourcing activities with banking, payment processing, kiosk, digital payment, and gift card partners. The role will facilitate gathering requirements, creating and issuing Requests for Proposal (RFPs), proposal evaluation, contract negotiations, process oversight, contract drafting and administration. The Sourcing Manager defines sourcing/procurement strategies, leveraging data-driven insights to support decisions that reduce costs, reduce risks, and create value for 7‑Eleven. This role is responsible for implementing procurement best practices, developing sourcing strategies, managing contract life cycles, and building supplier relationships in support of 7‑Eleven's key initiatives and objectives.

KEY DUTIES AND RESPONSIBILITES

• Facilitate alignment with Treasury, IT/Product, Finance, Legal, Accounting, Operations, and business leaders to define sourcing priorities, business requirements, technical needs, financial objectives, and compliance considerations.
• Develop data-driven sourcing strategies and recommendations using spend, supplier pricing, transaction volumes, revenue impact, payment terms, operational requirements, risk exposure, and total cost of ownership.
• Support supplier identification, market research, RFx development, proposal evaluation, supplier shortlisting, negotiation strategy, and contract development for Treasury, payments, gift card, kiosk, prepaid, loyalty, promotional, and financial services programs.
• Facilitate supplier and stakeholder coordination with banking partners, payment processors, technology providers, and program partners to support implementation, testing, certification, rollout planning, issue resolution, transition activities, supplier accountability, and business continuity.
• Monitor market, regulatory, payment, technology, and supplier trends affecting Treasury, Payments and Financial Services programs, including payment processing, stored value, prepaid products, kiosk capabilities, digital payments, fraud prevention, and financial services offerings.
• Support supplier evaluation and risk review across capabilities, financial stability, security posture, technology readiness, implementation capacity, operational fit, compliance requirements, and service, quality, certification, and timing commitments.
• Support supplier governance and executive reporting, including attending business reviews, scorecards, issue escalation, risk summaries, decision materials, approvals needed, and recommended next steps.
• Support internal collaboration, mentoring, and development of sourcing team members, as applicable, through knowledge sharing and guidance on sourcing strategy, stakeholder coordination, supplier negotiations, project execution, and professional development.

KEY LEADERSHIP COMPETENCIES

Strong communication, organization, influencing, facilitation, coaching, and stakeholder management skills, with the ability to work independently and align executive leadership, business stakeholders, external suppliers, banking partners, payment processors, technology providers, program partners, and cross-functional teams. Ability to build the case for change, support stakeholder adoption, assess risks, analyze root causes, and develop practical recommendations with internal and external stakeholders. Supports informed decision-making, demonstrates initiative, and drives progress through coordination, follow-up, and issue resolution. High level of agility and adaptability, with the ability to quickly understand new business challenges, identify dependencies, and assess impacts across Treasury, Payments, Financial Services, technology, finance, legal, and supplier workstreams. Tracks sourcing progress, risks, dependencies, milestones, and performance metrics to support timely execution and transparent reporting.

EDUCATION AND EXPERIENCE

• EDUCATION: Bachelor’s degree (or equivalent experience) strongly preferred.
• YEARS OF RELEVANT WORK EXPERIENCE: Minimum of 5+ years required
• YEARS OF SOURCING EXPERIENCE: 2+ years preferred

SPECIFIC KNOWLEDGE AND SKILLS

Experience supporting Treasury-related services, including banking, payment processing, merchant services, cash management, settlement, reconciliation, invoice flows, ACH processes, funding requirements, payment terms, working-capital impacts, and financial technology solutions. Experience supporting Payments and Financial Services programs, including proprietary and third-party gift cards, prepaid and stored value products, kiosks, loyalty-related services, promotional partnerships, customer-facing revenue programs, financial services offerings, physical card production, e-card capabilities, breakage, dormancy, escheatment, revenue recognition, and supplier economics. Experience supporting complex commercial agreements involving transaction-based pricing, rebates, revenue share, settlement timing, payment terms, service-level agreements, exclusivity provisions, implementation milestones, and supplier performance commitments. Working knowledge of payment security, PCI, fraud prevention, processor certification, device security reviews, financial controls, regulatory considerations, and data protection requirements related to payment, Treasury, kiosk, and financial services suppliers. Ability to develop bid analysis, financial models, pricing comparisons, term sheets, total cost of ownership analyses, revenue-impact assessments, payment-term evaluations, and business cases to support supplier selection and negotiation strategy. Experience supporting strategic sourcing initiatives from requirements gathering through supplier selection, negotiation, contracting, implementation planning, and supplier governance. Proficient with Microsoft Office suite, including advanced skills in Excel, Outlook, and PowerPoint.

If an hourly or salary range is included in this ad it represents the range 7‑Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

For a general description of all benefits 7‑Eleven is offering in the US for the position, please visit this link.

For a general description of all benefits 7‑Eleven is offering in Canada for the position, please visit this link.

As proud founders of the world’s first convenience store, 7‑Eleven’s top priority has always been to give customers the most convenient experience possible to consistently meet their needs. 7‑Eleven aims to be a one-stop shop for consumers – a place people can always rely on to deliver what they want, when, where and how they want it. This goal continues to shape 7‑Eleven’s ethos, driving 7‑Eleven’s expansion into operating Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits, with locations, as well as proprietary products and services including 7NOW®, 7Rewards®, Speedy Rewards® and 7‑Eleven Fleet™, throughout the U.S.