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SENIOR MANAGER, GLOBAL SOURCING AND PROCUREMENT

Home » Senior Manager, Global Sourcing and Procurement


BUSINESS UNIT:

Global Sourcing & Corporate Services

Salary Range:

$120,000 USD – $150,000 USD

Specific compensation will be based on candidate’s experience, skills,
qualifications, commercial considerations, and other job-related factors
permitted by law. At Russell Investments, salary is just one part of our
compensation package. Our total rewards approach includes an annual performance
bonus (subject to eligibility criteria) in addition to participation in our
competitive benefits programs including healthcare, retirement, vacation, and
wellbeing programs.

Job Description:

Global Sourcing and Procurement (GSP), within the Global Operations organization
at Russell Investments, has an exciting new opportunity for a Manager or Senior
Manager (depending on the candidate), in IT/Services Procurement to join our
team. The GSP organization is responsible for the procurement, sourcing, and
contracting of various categories of spending across the global enterprise.

To be successful in this role you should bring varied experience that will
empower you to deliver significant cost reduction, supplier validation, and the
ability to continually benchmark procurement practices to improve business
efficiencies while building strong relationships within the organization and
with suppliers alike. This is an exciting chance to be a part of a team whose
collective experience spans many areas of expertise. We pride ourselves on
performance and diversity.

This role will collaborate with other highly talented individuals supporting the
procurement and sourcing of several key categories, including services related
to auditing, marketing, management consulting, employee development and public
relations. In addition to committing Russell Investment resources to purchase
goods and services, this role is responsible for developing supplier strategies,
fee negotiations and bid packages (RFI/RFQ/RFP).

The responsibilities of the individual in this position include:
Strategic Sourcing:

 * Develop and execute category strategies while managing the entire procurement
   process resulting in the best possible terms for value, quality, service and
   delivery
 * Lead complex strategic initiatives through a holistic and systematic sourcing
   process; develop and review effective project plans and negotiation
   strategies; evaluate supplier business proposals; provide recommendations for
   business strategy awards; negotiate complex agreements. Develop and present
   negotiation strategies and deal summaries to executives.
 * Identify metrics, tools, and processes to optimize sourcing, supplier
   activities, and efficiencies; work collaboratively with team members to
   prioritize and drive successful implementations
 * Oversee governance and control programs to ensure business continuity,
   protect company assets, mitigate risks and comply with corporate and
   regulatory policies
 * Act as subject matter expert and drive process improvement for suppliers
   under management

Business Engagement

 * Develop and maintain positive relationships with internal customers,
   executive management, peers, business partners and direct reports
 * Provide coaching and guidance to deepen GSP’s functional excellence abilities
   with particular attention to business acumen, negotiation, risk, issue and
   opportunity management and other program management best practices
 * Closely align with Legal, Operations, HR, Marketing, and Finance teams on
   alignment of the strategic sourcing vision cross-functionally

Leadership

 * Lead and collaborate with team members in aligning to business strategies and
   achieving objectives
 * Interface and advise with senior management to align business priorities and
   manage issues

Value Creation:

 * Establish and promote aggressive value creation targets, committing to, and
   delivering on annual cost-saving targets for the GSP organization
 * Develop annual cost savings programs and implement business strategies
   directly affecting company financial results and growth plans.
 * Identifies and increases the addressable spend that procurement drives cost
   savings. Drives a culture of cost savings and value-driving metrics to drive
   value add to the firm

 

The successful candidate will have extensive demonstrable skills and experiences
including the following:

 * Bachelor’s degree or higher in Business, Finance, Operations, Supply Chain,
   Science, Mathematics, Engineering, or a related field. MBA preferred.
 * 4+ years of experience in procurement, including developing and negotiating
   contracts
 * Advanced knowledge of eProcurement practices, Contract Lifecycle Management
   (CLM) applications, spend analytics tools and electronic invoicing options
 * Proven experience building trust and strong cross-functional relationships in
   a fast-paced environment
 * Ability to influence business partners, peers and senior leaders across
   functional organization
 * Experience proactively focused on and delivering cost savings, driving the
   team to deliver as well
 * Certified Professional in Supply Management (CPSM), Certified Purchase
   Manager (C.P.M.) or equivalent certification preferred
 * Proven complex contract negotiation and supplier relationship management
   skills
 * Builds capacity of individuals and teams through effective employee
   development, involvement, communication, and supervision efforts
 * Excellent analytical, presentation, communication, interpersonal and
   influencing skills.
 * Strong analytical/data skills: fluent in Excel and able to apply a
   mathematical lens to business problems.
 * Strategic planning: ability to define, and execute on, long-term strategic
   sourcing strategies.

 


EQUAL EMPLOYMENT OPPORTUNITY

Russell Investments is committed to providing equal employment opportunities for
all associates and employment applicants regardless of race, religion, ancestry,
creed, color, gender (including gender identity which refers to a person’s
actual or perceived sex, and includes self-image, appearance, behavior or
expression, whether or not different from that traditionally associated with a
person’s biological sex), age, national origin, citizenship status, disability,
medical condition, military status, veteran status, marital status, sexual
orientation,  past or present unemployment status , or any other characteristic
protected by law.

Job Details

Posted By

Kaila Flynn

Location

Seattle, WA

Company Name

Russell Investments

Company Website



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