Strategic IT Sourcing & Vendor Manager

Talentify; Minneapolis (MN); Hybrid; USD 105,000 - 124,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) matching retirement plan

Paid vacation

Job summary

U.S. Bank is seeking a professional to develop and execute sourcing and vendor management strategies for assigned spend categories and supplier portfolios. The role leads competitive sourcing events, evaluates supplier proposals, and negotiates contracts to optimize value and risk.

Responsibilities include partnering with business lines, preparing management reports, and ensuring compliance with contract procedures and standards. The role is hybrid and requires collaboration across teams in U.S.

Qualifications

• Six or more years of experience with design, development and utilization of formal IT vendor contracts.
• High school diploma or equivalent.
• Experience with governance, standards and procedures for vendor relationships.

Responsibilities

• Develop and execute sourcing and vendor management strategies for assigned spend categories and supplier portfolios.
• Lead competitive sourcing events, evaluate supplier capabilities and commercial proposals, and negotiate contracts.
• Partner with business line stakeholders to define requirements, mitigate risk, optimize supplier relationships, and deliver value through sourcing and negotiation strategies.
• Prepare management reporting and recommendations to support sourcing decisions and supplier investment strategies.

Skills

Vendor management

Sourcing

Contract negotiation

Education

High school diploma or equivalent

Tools

Vendor contract management tools

Job description

U.S. Bank is seeking a professional to develop and execute sourcing and vendor management strategies for assigned spend categories and supplier portfolios. The role leads competitive sourcing events, evaluates supplier proposals, and negotiates contracts to optimize value and risk.

Responsibilities include partnering with business lines, preparing management reports, and ensuring compliance with contract procedures and standards. The role is hybrid and requires collaboration across teams in U.S.