Strategic Sourcing Director - Lead $900M in Value

The Western Union Company

Denver (CO)

Hybrid

USD 150,000 - 210,000

Full time

11 days ago

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Benefits offered by this job

Medical, Dental, Vision insurance
401K Plan
Paid Time Off
Tuition Assistance Program
Parental Leave

Job summary

The Western Union Company is seeking a Director of Strategic Sourcing to lead the development and execution of enterprise sourcing and category strategies for approximately $900 million in annual third‑party spend. The role drives measurable financial, operational, and supplier‑performance outcomes while aligning with the organization’s strategic priorities.

Lead and develop a high‑performing sourcing team, advise senior leaders on complex commercial decisions, and partner with Finance, Legal,

Qualifications

  • Bachelor’s degree in business, Finance, Accounting, or related field (or equivalent work experience).
  • Minimum of 10+ years of experience in general business, financial, accounting, or related disciplines.
  • 7+ years of leadership experience in procurement and contract negotiation in a strategic sourcing or procurement function.

Responsibilities

  • Lead the development and execution of sourcing strategies aligned with business goals.
  • Analyze business needs and market trends to identify cost‑saving opportunities and sourcing efficiencies.
  • Drive the proposal process, vendor selection, and contract negotiations.
  • Oversee procurement activities across multiple categories, ensuring compliance and value delivery.
  • Negotiate business and contract terms to optimize financial and operational outcomes.
  • Maintain expertise in specified commodities and track profitability.
  • Manage and mentor a high‑performing sourcing team.
  • Foster a culture of continuous improvement, innovation, and accountability.
  • Support employee development and succession planning.
  • Solicit new business opportunities and partnerships.
  • Build and maintain strong relationships with key suppliers and stakeholders.
  • Monitor vendor performance and ensure alignment with company standards.
  • Engage proactively with internal stakeholders—including Finance, Legal, Operations, and Business Units—to understand needs, align sourcing strategies, and ensure seamless collaboration.
  • Serve as a trusted advisor to senior leadership, providing insights and recommendations on sourcing initiatives and risk management.
  • Facilitate cross‑functional communication to resolve issues, drive consensus, and support organizational objectives.

Skills

Leadership experience
Negotiation skills
Analytical skills
Stakeholder engagement
Cross-functional leadership
Vendor relationship management
Strategic thinking
Communication skills

Education

Bachelor's degree in business/Finance/Accounting or related field

Job description

The Western Union Company is seeking a Director of Strategic Sourcing to lead the development and execution of enterprise sourcing and category strategies for approximately $900 million in annual third‑party spend. The role drives measurable financial, operational, and supplier‑performance outcomes while aligning with the organization’s strategic priorities.

Lead and develop a high‑performing sourcing team, advise senior leaders on complex commercial decisions, and partner with Finance, Legal,

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