Onsite Senior Category Director – Sourcing Strategy, Enablement

Posted 6 hours ago

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About the role

  • Senior Category Director managing sourcing strategy for Truist's procurement team. Overseeing strategic sourcing processes and optimizing supplier relationships while ensuring compliance and risk management.

Responsibilities

  • Effectively manage a direct team of Strategic Sourcing Category Directors and Managers within assigned categories
  • Oversees the implementation of category strategies within his/her portfolio to optimize business efficiency and ensure the highest level of service delivery, and institutionalizes best-practice processes and policies knowledge sharing with team
  • Provide clear direction and expectations of indirect reports across all support groups within the end to end sourcing process and Sourcing Objectives
  • Partner with Business Leaders and Executives to ensure that sourcing strategies/category plans are aligned with the Business Goals
  • Attracts, retains, and promotes top talent, with a strong focus on diversity and builds a robust slate of credible successors for key leadership positions and for opportunities across Truist
  • Promote risk excellence and sound risk management as the first line of defense by driving and aligning with bank-wide policies
  • Partners with the Truist executive leaders to improve efficiency, effectiveness, and productivity, control, consumption and material cost reductions as measured and compared with world class benchmarks
  • Represent Truist in dealings with clients/balance of trade and external bodies such as regulators and government agencies
  • Implement process improvements in all phases of the source-to-pay life cycle, supplier rationalization, volume aggregation, preferred vendor programs, product/service requirements and demand management to reduce supplier costs and proactively manage third party related risks
  • Establish and drive supplier diversity sourcing and supplier relationship management programs to maximize performance, value and ensure contract terms and outcomes are me.

Requirements

  • Bachelor’s degree
  • 15 years of increasingly progressive Procurement, AP, third party risk, corporate services, spend management, consulting, and Strategic Sourcing experience
  • Direct management experience of a function with strategic development responsibilities
  • Demonstrated leadership capabilities in team development and thought leadership
  • Strong analytical skills
  • Strong program and transformation management skills
  • Strong business acumen
  • Exceptional negotiation and influencing skills
  • Exceptional interpersonal skills with the ability to communicate effectively at all levels; particularly at the management level
  • Executive presence and effective presentation skills
  • Proven track record of delivering material cost savings
  • Highly self-motivated with the ability to drive change in a matrixed organization with minimum supervision.

Benefits

  • medical
  • dental
  • vision
  • life insurance
  • disability
  • accidental death and dismemberment
  • tax-preferred savings accounts
  • 401k plan
  • 10 days of vacation
  • 10 sick days
  • paid holidays

Job title

Senior Category Director – Sourcing Strategy, Enablement

Job type

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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