Senior Category Strategist
Bread Financial - Plano, TX
posted 4 days ago
About the position
Global Sourcing partners with internal team members and external suppliers of goods and services to ensure optimized cost, favorable contractual business terms, statements of work that ensure successful services engagements, and overall risk mitigation related to the use of third parties to fulfill both direct and indirect procurement objectives for the organization. The Senior Category Strategist works with minimal supervision to develop, champion, implement, and communicate strategies aligned with business requirements, while maximizing optimized value from the overall spend. This position oversees many categories including, but not limited to IT, Facilities, HR, Travel, etc. and will report directly to a Senior Manager or Director in the organization.
Responsibilities
- On-going planning and analyzing for multiple categories, using internal and external category spend data, market trends and insights.
- Develop robust category strategy that identifies key areas of opportunities.
- Collaborate with both internal and external procurement stakeholders, while fostering long-term partnerships.
- Develop and implement strategies to track and monitor the progress of the initiatives across categories to ensure savings are achieved.
- Manage the commercial issues relating to contracts (SOW, SLA development, etc.) payments and non-performance.
- Drive project closure from a procurement perspective, escalating issues at appropriate times to ensure resolution among stakeholders and/or suppliers.
- Support the procurement process for RFX's, identify suppliers, develop evaluation methodologies, and communicate with stakeholders.
Requirements
- Bachelor's Degree or equivalent experience in Finance, Business Administration, Business Analytics, Procurement, Project Management.
- Seven or more years understanding budget cycles, lowest cost of ownership, lease/buy analyses, analytics tools such as OBIEE, Tableau, Expert level Excel user (pivot tables, Macros, etc.)
Nice-to-haves
- Masters in Business Administration, Finance, Business Analytics, Procurement, Project Management.
- Seven or more years experience in a banking, insurance or other regulatory environment.
Benefits
- Medical, prescription drug, dental, vision, and other voluntary benefits.
- Six weeks of 100% paid parental leave for eligible parents.
- 11 paid holidays.
- Flexible Time Off (FTO) program.
- Paid Sick and Safe Time (PSST).
- 401(k) plan with immediate enrollment.
- Annual incentive bonus based on individual and company performance.
