Corporate Planning & Management, Strategic Sourcing, Associate - Dallas

Corporate Planning & Management, Strategic Sourcing, Associate

The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm.  CPM have 5 operating pillars. 

Role Overview

Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds. This role sits within the Spend Management pillar.

The role requires collaboration with different functions across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. It also entails in-depth analysis and reporting for senior management, requiring diligence and a commercial mindset. The candidate is required to work closely with global counterparts. Should have excellent verbal and written communication skills. 

Job responsibilities will include, but are not limited to: 

• Work collaboratively to deploy category management techniques to develop multi-year global strategies which support the delivery of the firm’s commercial and operational objectives 
• Partner with business and functional leadership to understand short, medium, and long-term third-party requirements including demand management 
• Support Procurement strategy creation and execution of key initiatives
• Identify and implement best practices in procurement, commercial and vendor management
• Drive supply side initiatives to reduce or contain risk, and / or create commercial and revenue generating opportunities 
• Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors 
• Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as required
• Manage compliance with and provide reporting on the firm’s commitments in relation to ESG
• Facilitate sharing knowledge, experiences and best practice within and across global Strategic Sourcing team 
• Support compliance to the Firmwide Third Party Risk and Control Framework and associated programs
• Engage with Risk Partners across the organization (e.g., compliance, technology), as needed, to review control requirements and drive resolution of Strategic Sourcing issues
• Role based Dallas with potential for travel as required

Qualifications:

• Bachelors
• Minimum five years’ experience in Strategic Souring and Category management, particularity in the indirect spend with a preference in corporate services sourcing, including but not limited to workplace-related services such as hospitality, property management and document management services. 
• Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, project management vendor management legal and contracting or operational risk management

Competencies:

• Functional Expertise – Understanding of strategic procurement, category management approach and procurement value proposition
• Strategic Mindset – Needs to be able to effectively create category strategies with the ability to influence and guide key stakeholders with sourcing decisions. Needs to clearly understand and articulate the Procurement value proposition and demonstrate clear strategic thinking / intent within work product
• Technical Skills – Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills 
• Drive and Motivation – Successfully handles multiple tasks, operates at pace, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus – Strong stakeholder engagement skills. Effectively handles difficult requests, builds trust, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
• Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions

Preferred Qualifications:

• Experience of successfu