Senior Strategic Sourcing Leader – Banking Contracts

City National Bank; Los Angeles (CA); On-site; USD 61,000 - 105,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition reimbursement

Generous time away benefits

Career development resources

Job summary

City National Bank is seeking a Strategic Sourcing Manager to join Enterprise Procurement in North America. Lead complex negotiations, draft contracts, and drive cost savings through strategic sourcing across multiple lines of business.

You will collaborate with Legal, Compliance, Finance and stakeholders to implement sourcing strategies, manage supplier relationships, and mentor team members. A strong background in procurement processes and negotiation is essential.

Qualifications

• Bachelor's Degree or equivalent is required.
• Minimum 5 years procurement experience.
• Minimum 2 years in banking/financial services or indirect procurement.

Responsibilities

• Lead mid to high level negotiations and procurement projects.
• Draft and negotiate contracts with vendors.
• Coordinate with Legal, Compliance, Finance and business units.
• Identify category sourcing options and collaborate with stakeholders.
• Analyze spend, supplier and market data to determine sourcing strategies.
• Lead or participate in competitive RFx processes.

Skills

Negotiation

Contract drafting

Procurement process

Stakeholder management

Education

Bachelor's Degree or equivalent

Tools

Procurement systems

Job description

City National Bank is seeking a Strategic Sourcing Manager to join Enterprise Procurement in North America. Lead complex negotiations, draft contracts, and drive cost savings through strategic sourcing across multiple lines of business.

You will collaborate with Legal, Compliance, Finance and stakeholders to implement sourcing strategies, manage supplier relationships, and mentor team members. A strong background in procurement processes and negotiation is essential.