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Director, Enterprise Sourcing

Wellington Management
United Statesfull_timeVerifiedPosted 7 Feb 2025
💰 $225,000/yr($100,000/yr$225,000/yr)

About the role

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

The Director, Enterprise Sourcing is a key leadership role responsible for global procurement strategy for Wellington Management, overseeing vendor sourcing, contract management, and category management. This leader will manage complex, high-value technology-related contracts, drive strategic supplier relationships, and ensure compliance with the firm’s operational and financial objectives. This role requires a deep understanding of procurement needs, global market dynamics, and technology-driven procurement solutions.

The ideal leader has operated successfully at a global level, having a desire to develop, mentor and coach a team.  In alignment with company’s overarching business strategy and corporate business goals, this leader will create a strategic vision and direction for the enterprise sourcing function.  This will necessarily entail building strong business partnerships across the organization and ensuring strategic business decisions are underpinned by strong analytics.

Candidates should enjoy being part of a dynamic leadership team that seeks to innovate, and constantly look for opportunities to increase the value of our interactions and deliverables to our business partners. Characteristics of successful team members include the ability to: i) bring others along through an evolution of the business, ii) identify and develop talent; iii) communicate and execute upon a compelling vision and roadmap iv) ‘connect the dots’ and v) challenge the status quo. 

RESPONSIBILITIES

Strategic Sourcing & Vendor Management

  • Develop and execute a global vendor sourcing strategy to identify, assess, and onboard suppliers that align with the firm’s operational and financial goals

  • Build and maintain strong relationships with key vendors, ensuring high-quality delivery and performance

  • Manage relationships with strategic and critical vendors to promote opportunities and innovation

Contract Management

  • Oversee the drafting, negotiation, and execution of contracts, including complex technology agreements, ensuring alignment with legal and regulatory standards

  • Manage contract renewals, terminations, and amendments while mitigating risk and optimizing value

Enterprise Sourcing Lifecycle Oversight

  • Establish and implement a streamlined global enterprise sourcing lifecycle, ensuring consistency, efficiency, and compliance across all regions

  • Lead procurement planning, budgeting, and execution for strategic initiatives

  • Oversight of the RFP/RFI process, including screening and meeting potential vendors

  • Effectively work with business groups as a trusted leader and advisor to determine desired product/service specifications  

Leadership & Stakeholder Collaboration

  • Lead and mentor an enterprise sourcing team, fostering professional growth and high performance

  • Collaborate with cross-functional teams, including legal, finance, IT, and operations, to achieve organizational objectives

Change Management and Transformation

  • Lead enterprise sourcing transformation initiatives, including adoption of new technologies, processes, and best practices to enhance efficiency and performance 

  • Develop and execute change management plans to support the adoption of new systems, tools, and workflow across the enterprise sourcing function

  • Build reporting and metrics to ensure objectives are being met and to drive enhanced stakeholder engagement and data-driven recommendations and decision making

  • Foster a culture of innovation and continuous improvement, ensuring the team adapts to evolving industry trends and market conditions


QUALIFICATIONS

  • A Bachelor’s degree is required; advanced academic credentials (such as a MBA or JD) are highly desirable

  • Demonstrable (15+ years) relevant work experience in procurement / enterprise sourcing leadership experience, ideally within a global environment

  • Proven experience in vendor sourci

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Company

Wellington Management

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