Sourcing & Contracts Negotiator, AVP
MUFGAbout the role
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.Job Summary:
Part of Corporate Strategic Sourcing, the Contracts and Sourcing Negotiator, AVP is responsible for the enterprise-wide sourcing and category management execution and delivery of specific spend categories, delivering the best value to the corporation while building and sustaining mutually beneficial relationships with suppliers. Provide subject matter expertise and strategic guidance within the vendor sourcing and purchasing areas to business owners; develop and instill appropriate sourcing and purchasing process and procedures, as well as ensuring compliance with the overall program; influence and support business owners and other groups across the Bank; lead cross-functional teams in support of the Strategic Sourcing and Procurement programs.
Major Responsibilities:
Sourcing Execution – Design, implementation and execution of bank-wide Strategic
Sourcing and Procurement for various spend categories and commodities. Responsible for strategic sourcing execution of commodity categories across the Bank.
Understand business partner's objectives and business drivers and closely collaborate with business partners while leading the development and delivery of spend category strategies relating to commodity purchasing. Provide category intelligence and maintain knowledge of market trends including analysis of market drivers, cost structures and technical improvements across many commodity categories.
Responsible for pipeline (value, savings) delivery; in addition to measuring and track performance relating to spending and budgetary impact; Strategic Sourcing bi-directional integration with Business Owners – Effectively influence stakeholders and business owners, facilitating the Strategic Sourcing process and compliance with Bank policy and practices.
Ensure Strategic Sourcing efforts support business objectives; Establish key internal and external relationships enabling multi-year planning and category strategies, supporting sustainable spend management; Lead cross-functional teams in the execution of sourcing initiatives end-to-end. Support provided includes (but not limited to); Purchase Orders, Blanket Orders, Ariba Contract Compliance, electronic Requests for Proposal, requests for quote, and reverse auctions, (collectively eRFx). Additionally, supporting Vendor activity on a day-to-day basis for key categories under management by the Purchasing group (e.g. Office Supplies, Warehouse, business cards, etc.).
Qualifications
5+ years of strategic sourcing and supplier relations experience and/or equivalent education
Bachelor's degree in Business Administration/Finance or equivalent business experience
Experience in managing eSourcing tools and technology preferred
Ability to drive performance improvement across a team; strong teamwork and collaboration skills
Analytical skills, continuous improvement mind-set
Excellent technical strategic sourcing, negotiations and project management skills
Excellent business / financial acumen; understands cost structures and drivers
Ability to prioritize and work on multiple activities at one time
Strong written, graphical and oral communication skills with internal clients, external partners and team members; strong influencing and relationship skills; polished interpersonal skills
Ability to work independently in a dynamic, ambiguous and newly forming organization.
The typical base pay range for this role is between $85K - $105K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary
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