Sr. Director, Strategic Sourcing

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 serves as a beacon of leadership, fostering partnerships to enhance Visa Inc competitive edge and value. As a category group leader, you are accountable for developing strategies that yield sustainable outcomes across various business leaders and corporate functions. This involves identifying new opportunities for value and process improvement.  As an integral part of the Strategic Sourcing Organization, your role encompasses building robust, effective relationships with senior leaders across multiple functions and regions. Your leadership will be pivotal in enabling, empowering, and inspiring your team. The Senior Director will oversee a direct team of 4 based in the U.S., as well as an indirect team of 5 in our regional offices, managing a portfolio exceeding 300MM in categories such as Consulting, Finance, Risk & Outsourced Services. This leader will be accountable for meeting departmental and functional objectives.  The ideal leader for this role will exhibit a strong sense of urgency and agility, with the capability to succinctly articulate issues and alternatives to propel decision-making processes.

Essential Functions:

• Builds and nurtures business partnerships with leadership across multiple functions within Visa to collaborate, influence, and drive sourcing strategies.
• Leads multiple global complex sourcing strategies for various subcategories across Consulting and Outsourcing services including scope requirements, Business Partnerships, and navigate complexity within a large global matrixed organization.
• Leads, develops and mentors strategic sourcing professionals directly and indirectly across both technical and leadership capabilities while creating an environment that is diverse, inclusive, and encouraging.
• Delivers business results, including cost savings and supplier driven innovation, using deep understanding of the supply market for complex advisory & delivery services.
• Creates and fosters a shared vision as OneVisa by seamlessly integrating the role of strategic sourcing into various parts of the business.
• Supports broader business leadership teams on goal setting and annual planning by developing a trusted advisor relationship with key stakeholders across the Visa business units Visa Consulting & Analytics and Visa Business Solutions and the global corporate functions Finance, Strategy, Risk, External Affairs, Social Impact and Legal.
• Serves as a champion for change that can act decisively to drive decisions, while demonstrating agility to support the evolution of business needs.
• Provides high level guidance and coaching on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple corporate services categories.
• Builds effective strategic relationships with external suppliers to drive and execute category strategies.
• Develops and manages category wide SRM plans with a focus on strategic partnerships, continuous improvement and innovation

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 Strategic Sourcing in a large matrixed global organization or in the consulting industry