Sr. Manager - Technology Sourcing

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Visa Global Sourcing 
Global Sourcing is part of the Finance organization and manages Visa’s end to end sourcing and procurement of goods and services. Sourcing is responsible for partnering with business owners to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality, while minimizing risk to Visa.
Overview

Reporting to the Senior Director of Technology Sourcing, this Sr. Manager will serve as an individual contributor and own a portfolio in support of Visa’s Technology organization.  Year over year, this person may oversee approximately USD 20M in spend across a number of key suppliers.  The specific focus on this role will involve consulting with Technology stakeholders to define a vision, then delivering upon that vision through execution of Sourcing activities.  This role will partner closely with key stakeholders within Visa’s Technology, Finance, and other organizations, including, but not limited to E/SVP level leaders globally.  In this role, he/she will provide subject matter expertise, deep market insights and strategic guidance to business leaders by understanding their strategy, initiatives and plans. This person will be expected to deliver against an annual savings target.

Responsibilities

This is a mid level role within Visa’s Global Technology Sourcing organization and the responsibilities range from building relationships with Technology executives and working with stakeholders at all levels of the organization to drive strategic decision, to leading sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties. Key responsibilities include, but are not limited to the following.

Relationship Building

• This role supports Visa’s Technology Sourcing Strategy and key stakeholders, both within and outside of Visa IT.
• Build strong relationships with business partners to drive Sourcing engagements and increase the influence/role of Sourcing within the various business teams.  This person can expect direct visibility to senior executives including, but not limited to, Visa’s EVP of Technology, Technology Leadership Team members, product & client executives, and more.
• Regularly update executives at all levels of the company on deal status, category reporting, etc.  Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal.
• Take a global view to ensure that Visa leverages its scale domestically and internationally.

Category Expertise

• Collaborate with Category teams and Visa Technology to establish the Supplier / Product Strategy for disciplines including software, hardware, and data center facilities across various categories of spend at Visa.
• Understand the Visa Technology footprint, the long and short term strategies, and the suppliers within that landscape. 
• Oversee the aligned categories. Understands the supplier impacts and effectively communicate to Sourcing executives and Technology stakeholders to inform risk/reward decision making.
• Perform market analysis to support recommendations to the Technology teams.
• Drive a sustainable pipeline of activity and proactively engages Technology Business Partners to ensure proper runway.
• Maintain an understanding of the regulatory market as it impacts Visa Technology strategy and market approach.  
• This role will have global reach, high impact, and will be responsible for delivery of key program level initiatives.  The preferred candidate will bring a deep subject matter expertise in hardware, software, and data center facilities sourcing.

Sourcing Capabilities - Commercial & Contract Negotiations

• Manage escalations.  Support the Sourcing and Technology teams to negotiate and drive best in class deals for Visa.  This role requires a strategic view and the willingness to execute on the day to day.
• Drive multi vendor strategies to optimize Visa’s leverage and reduce operational risk. Execute RFx events to support Visa’s Technology organization.
• Perform savings tracking and report realized savings