Sr. Director, Strategic Sourcing - Marketing

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

The Senior Director of Strategic Sourcing leads by example, and through partnership to drive competitive advantage and value for Visa Inc. As the lead of a category group, you are accountable for developing strategies to deliver sustainable results across multiple marketing categories by identifying new opportunities for value and process improvement. As a leader within the Strategic Sourcing Organization, you are responsible for developing strong and effective business partner relationships with senior leaders across multiple functions and regions, while directly enabling and inspiring a team of 6 marketing sourcing professionals.  The Senior Director will manage a portfolio of categories (Creative Agencies, Production, Market Research and Events) and have accountability to delivery against department and functional goals. You will need a strong sense of urgency and the ability to succinctly frame issues and alternatives to drive decisions forward.

 Essential Functions:

• Engages and establishes business partnerships with cross functional leadership across Visa to collaborate, influence, and drive sourcing strategies

• Manages multiple complex sourcing strategies, scope requirements, Business Partnerships, and navigate complexity within a large global matrixed organization

• Builds and develops strategic sourcing professionals across both technical and leadership capabilities while creating an environment that is diverse, inclusive, and encouraging

• Partner very closely with Visa’s Agency Management COE to measure and evaluate performance vs. negotiated KPIs and industry benchmarks

• Creates a shared vision by embedding and integrating the role of strategic sourcing into various parts of the business

• Supports broader strategic sourcing leadership team on goal setting and annual planning

• Develops long term portfolio category strategies that are directly linked to Marketing’s functional objectives and Visa Inc. level goals with a focus on Creative Services, Production, Events and Market Research

• Provides high level guidance on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple marketing categories

• Maintain strong external focus by leveraging industry peers, organizations, associations and by continuing to build strong relationships outside of Visa

• A champion for change that can act decisively to drive decisions, while demonstrating agility to support the evolution of business needs

• Communicates effectively and frequently, listens carefully, and actively seeks and values the perspectives of others

• Builds effective strategic relationships with external suppliers to drive and execute category strategies

• Develop and manage category wide SRM plans with a focus on continuous improvement and innovation

• Support the implementation of Global Sourcing policies and procedures.

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.

Qualifications

Basic Qualifications:
• 12 or more years of work experience with a Bachelor’s Degree or at least 10 years of work experience with an Advanced degree (e.g. Masters/MBA /JD/MD), or a minimum of 5 years of work experience with a PhD

Preferred Qualifications:
• 15 or more years of experience with a Bachelor’s Degree or 12 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, or MD), PhD with 9+ years of experience
• 15+ years of experience in Marketing Strategic Sourcing, Performance Marketing, or within a Marketing Agency
• 10+ years leading the d