Sourcing Manager (Remote)

First Citizens Bank; Raleigh (NC); Remote; USD 80,000 - 100,000; Full time

Job summary

A leading bank is seeking a Sourcing Manager to lead sourcing activities and negotiate complex vendor contracts. This remote role requires strong contract negotiation skills and experience in vendor management. The ideal candidate will support strategic initiatives and mentor less experienced associates, ensuring effective vendor relationships and compliance with market trends.

Qualifications

• 8 years experience in contract structuring and negotiation for services, software, and consulting.
• Certifications preferred include: Certified Regulatory Vendor Program Manager.

Responsibilities

• Leads sourcing activities for assigned critical/strategic vendor portfolio.
• Manages business support, sourcing, and contract structuring.
• Provides coaching and support to associates on complex contract negotiations.

Skills

Contract Structuring

Negotiation

Vendor Management

Education

Bachelor's Degree

High School Diploma/GED

Job description

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Overview

This is a remote role that may only be hired in the following location(s): AL, AR, CT, DE, IA, ID, IN, KS, KY, LA, ME, MS, MT, NC, NE, NH, NM, NV, OH, OK, OR, PA, RI, SC, SD, UT, VA, VT, WV.

This position is part of the Enterprise Critical, Strategic, and Preferred Vendor Program, within the Strategic Sourcing Team.

The role involves structuring and negotiating complex, long-term vendor contracts of strategic importance to the Bank. Acts as a trusted advisor to internal business partners, supporting short and long-term roadmaps. Maintains strong knowledge of market trends to structure and negotiate a wide range of contract types such as software, services, staffing, consulting, and outsourcing. Provides support and guidance for less experienced associates and leads complex projects to deliver key results.

Responsibilities

• Leads sourcing activities for assigned critical/strategic vendor portfolio.
• Manages business support, sourcing, contract structuring and negotiation, collaboration with Third Party Risk Management (TPRM), and other sourcing activities.
• Leads projects for strategic initiatives involving multiple vendors, providing analysis, action plans, and cost containment strategies.
• Provides coaching and support to associates on complex contract negotiations.
• Manages enterprise-wide vendor relationships, overseeing ongoing requirements and vendor road mapping, and participates in industry events to build a professional network.

Qualifications

Bachelor's Degree with 8 years of experience in contract structuring and negotiation for services, software, staffing, SaaS, consulting, and outsourcing OR High School Diploma/GED with 12 years of relevant experience.

Preferred Education: Bachelor's Degree.

Certifications preferred include: Certified Regulatory Vendor Program Manager, Contract and Commercial Management certification, and Certified Professional in Supply Management.

Additional Information

Benefits are part of total rewards; more details at https://jobs.firstcitizens.com/benefits.

Job Details

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Purchasing and Supply Chain
• Industries: Banking and Financial Services