Sr. Sourcing Manager

Posted on Sep 25, 2024 by Visa
Foster City, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Job Description

Global Sourcing is part of the Finance organization and manages Visa’s end-to-end sourcing and procurement of goods and services. Sourcing is responsible for partnering with business owners relevant to assigned categories such as Corporate Real Estate (CRE) and others to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality, while minimizing risk to Visa.

Overview:

Reporting to the Sourcing - Senior Director of Corporate Services, this Sr. Manager will serve as an individual contributor and own a portfolio in support of Visa’s Sourcing organization. Year-over-year, this person will oversee approximately USD 100M in facility management spend across a broad range of key suppliers.  The specific focus on this role will involve Corporate Services real estate, facility management etc. stakeholders to define a vision, then delivering upon that vision through execution of Sourcing activities.  This role will partner closely with key stakeholders within Visa’s facility management, Finance, and other organizations, including, but not limited to SVP, VP-level leaders globally. This role will provide facility management subject matter expertise, deep market insights and strategic guidance to business leaders by understanding their strategy, initiatives and plans. This person will be expected to deliver against an annual savings target.

Essential Functions:

This is a mid-level role within Visa’s Global Sourcing organization and the responsibilities range from building relationships with business and supplier executives and working with stakeholders at all levels of the organization to drive strategic decision, to leading sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties. Key responsibilities include, but are not limited to the following:

Relationship Building

This role supports several Visa CRE leaders including CRE Facility Management, Physical Security as well as other key stakeholders within Visa CRE.

Build strong relationships with business partners to drive Sourcing engagements and increase the influence   role of Sourcing within the various business teams.  This person can expect direct visibility to senior executives including, but not limited to, Visa’s SVP of CRE, and CRE Leadership Team members.

Regularly update executives at all levels of the company on deal status, category reporting, etc.  Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal.

Take a global view to ensure that Visa leverages its scale domestically and internationally.

Category Expertise

Collaborate with Category teams and Visa CRE to establish the Supplier Strategy for Facility Management (FM) and Physical Security and Transaction Management as a category of spend at Visa.

Understand the Visa CRE footprint, the long and short-term strategies and the suppliers within that landscape.

Oversee the aligned categories. Understands the supplier impacts and effectively communicate to Sourcing executives and CRE stakeholders to inform risk reward decision-making.

Perform market analysis to support recommendations to the CRE teams.

Drive a sustainable pipeline of activity and proactively engages CRE Business Partners to ensure proper runway.

Maintain an understanding of the regulatory market as it impacts Visa CRE’s Software and Data strategies and market approach. 

This role will have global reach, high impact, and will be responsible for delivery of key program-level initiatives.  The preferred candidate will bring a deep passion for the CRE industry, leading practices in FM, trends in digital FM and supplier management and have a can-do attitude. 

 Sourcing Capabilities - Commercial & Contract Negotiations

Manage escalations. Support the Sourcing and CRE teams to negotiate and drive best-in-class deals for Visa. This role requires a strategic view and the willingness to execute on the day-to-day.

Drive multi-vendor strategies to optimize Visa’s leverage and reduce operational risk. Execute RFx events to support Visa’s CRE organization.

Perform savings tracking and report realized savings on a continual basis.

Negotiate contract terms and conditions as a first line of defense, in partnership with Visa Legal, Data Privacy, Cybersecurity, and other teams.

Take part in quarterly reporting, regularly recurring team meetings, and ongoing updates to direct reports, peers and leaders around the organization. 

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Reference: 202389210

https://jobs.careeraddict.com/post/95562356

Sr. Sourcing Manager

Posted on Sep 25, 2024 by Visa

Foster City, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Job Description

Global Sourcing is part of the Finance organization and manages Visa’s end-to-end sourcing and procurement of goods and services. Sourcing is responsible for partnering with business owners relevant to assigned categories such as Corporate Real Estate (CRE) and others to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality, while minimizing risk to Visa.

Overview:

Reporting to the Sourcing - Senior Director of Corporate Services, this Sr. Manager will serve as an individual contributor and own a portfolio in support of Visa’s Sourcing organization. Year-over-year, this person will oversee approximately USD 100M in facility management spend across a broad range of key suppliers.  The specific focus on this role will involve Corporate Services real estate, facility management etc. stakeholders to define a vision, then delivering upon that vision through execution of Sourcing activities.  This role will partner closely with key stakeholders within Visa’s facility management, Finance, and other organizations, including, but not limited to SVP, VP-level leaders globally. This role will provide facility management subject matter expertise, deep market insights and strategic guidance to business leaders by understanding their strategy, initiatives and plans. This person will be expected to deliver against an annual savings target.

Essential Functions:

This is a mid-level role within Visa’s Global Sourcing organization and the responsibilities range from building relationships with business and supplier executives and working with stakeholders at all levels of the organization to drive strategic decision, to leading sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties. Key responsibilities include, but are not limited to the following:

Relationship Building

This role supports several Visa CRE leaders including CRE Facility Management, Physical Security as well as other key stakeholders within Visa CRE.

Build strong relationships with business partners to drive Sourcing engagements and increase the influence   role of Sourcing within the various business teams.  This person can expect direct visibility to senior executives including, but not limited to, Visa’s SVP of CRE, and CRE Leadership Team members.

Regularly update executives at all levels of the company on deal status, category reporting, etc.  Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal.

Take a global view to ensure that Visa leverages its scale domestically and internationally.

Category Expertise

Collaborate with Category teams and Visa CRE to establish the Supplier Strategy for Facility Management (FM) and Physical Security and Transaction Management as a category of spend at Visa.

Understand the Visa CRE footprint, the long and short-term strategies and the suppliers within that landscape.

Oversee the aligned categories. Understands the supplier impacts and effectively communicate to Sourcing executives and CRE stakeholders to inform risk reward decision-making.

Perform market analysis to support recommendations to the CRE teams.

Drive a sustainable pipeline of activity and proactively engages CRE Business Partners to ensure proper runway.

Maintain an understanding of the regulatory market as it impacts Visa CRE’s Software and Data strategies and market approach. 

This role will have global reach, high impact, and will be responsible for delivery of key program-level initiatives.  The preferred candidate will bring a deep passion for the CRE industry, leading practices in FM, trends in digital FM and supplier management and have a can-do attitude. 

 Sourcing Capabilities - Commercial & Contract Negotiations

Manage escalations. Support the Sourcing and CRE teams to negotiate and drive best-in-class deals for Visa. This role requires a strategic view and the willingness to execute on the day-to-day.

Drive multi-vendor strategies to optimize Visa’s leverage and reduce operational risk. Execute RFx events to support Visa’s CRE organization.

Perform savings tracking and report realized savings on a continual basis.

Negotiate contract terms and conditions as a first line of defense, in partnership with Visa Legal, Data Privacy, Cybersecurity, and other teams.

Take part in quarterly reporting, regularly recurring team meetings, and ongoing updates to direct reports, peers and leaders around the organization. 

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Reference: 202389210

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