Senior Sourcing Specialist
TruistAbout the role
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The Senior Sourcing Specialist is expected to manage complex sourcing activities. These include but not limited to, statement of work, work authorization, change orders, renewals, amendments, Non-Disclosure Agreements and Master Agreements. The Senior Sourcing Specialist coordinates with Risk team to ensure compliance with banking regulations. In addition, teammate builds relationships with business partners, suppliers, Contract Manager, Procurement Legal, Category Directors/Managers and Procurement Operations.Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Manages all aspects of and drives request through the Truist procure to pay process. Coordinates with Truist stakeholders, including but not limited to contract management. Legal and other SMEs concerning supplier’s contractual provisions related to business as usual requests (i.e. non-strategic requests). Negotiate contract spend which is reasonable and competitive within market, amount of goods and services procured, term of the agreement and business budgetary needs. Strives to achieve cost avoidance or cost out during negotiations, as well as, the bank’s total enterprise spend with the supplier Ensures contract terms and conditions align with business needs and appropriate parent agreement. Develops relationships with business partners, suppliers, Contract Managers, Legal, Category Directors/Managers and Procurement Operations. Guarantees department procedures are followed including: managing business expectations and dates, weekly status updates, and legal/contract manager assignment. Reviews contract request for potential Purchase Order Procurement method. Ensures request meets Purchase Order requirements and obtains manager approval. Acts as a resource for business on Purchase Requisition process. Coordinates project kick-off and Third Party Risk Assessments calls with proper SME teammates and verifies risk ratings are correct in system of record prior to contract signature. Serves as a mentor to and assist with training of more junior teammates. Complies with company policies, procedures, and regulatory standards.
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree in a relevant business field of study or 4-6+ years of experience in organizational Sourcing/Procurement or equivalent experience Expert in procurement and supply chain management Skilled with contractual structure Identify legal and business issues and risks Ability to interact tactfully with numerous stakeholders Adept at prioritizing own workload to meet competing deadlines Excellent verbal and written communication skills along with organization skills Proficient in Microsoft Word, Excel, Outlook, and PowerPoint Strong relationship management skills and the ability to quickly gain trust and confidence of senior leaders within Truist
4 days in office/1 day remote
Atlanta, GA additional option to location.
Preferred Qualifications:
Experience with SAP - Ariba or other similar procurement software Experience with Archer or other similar risk software Specific knowledge of one or more of the following categories: Banking Services, General & Admin, Human Resources, Professional Service
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s