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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Reporting to the Head of Strategic Sourcing, the Senior Category Director - Technology is responsible for leading a team of Strategic Sourcing professionals managing all demand and supply management activities for multiple categories of spend, with the goal of optimizing the total cost of ownership, managing supplier execution risk through negotiated contract terms and SLA’s, translate technology strategy into commercial value, manage risk at enterprise scale, and continuously evolve the supplier ecosystem to support business growth. In collaboration with Technology stakeholders, responsible for formulating market-informed, multi-year category strategies in his/her assigned categories of spend including enterprise software, hardware, cloud services, telecom/network, and IT services.

The Senior Category Director serves in a senior relationship management role with key Technology executives to drive collaboration, influencing adoption of sourcing best practices, prioritization of business needs for contract support, and ensure engagement of appropriate resources across Truist Enterprise Corporate Services to deliver supply value with effective risk mitigation.

Using a ‘player/coach’ mindset, this role may also actively manage a pipeline of projects and ensure project delivery to agreed upon timelines and expectations. This individual has a proven track record for successfully driving third party savings programs, and has a deep understanding of the specific dynamics of Technology Contract strategy, leveraging benchmark information, negotiations, and deal structuring (including complex, multi year tech deals).

The Senior Category Director - Technology works across all stakeholder groups including Legal / Contract Management, P2P / Procurement Operations, Spend Analytics, Third Party Risk Operations, and AP / Payment controls. The incumbent will also have a part in ‘RISE’ our multi-year Supply Chain Management transformation program.

The Senior Category Director role is engaged for responsible categories but not limited to the following areas: Contracting / Contract Management, P2P / Procurement Operations, Spend Analytics, Third Party Risk Management and AP / Payment controls. The incumbent will also have experience with driving third party engagements as a key leader in our Truist firm-wide transformation Building for Better (B4B) program.

Responsibilities:

1.    Effectively manage a direct team of Strategic Sourcing Category Directors and Managers within assigned categories.
2.    Oversees the implementation of category strategies within his/her portfolio to optimize business efficiency and ensure the highest level of service delivery, and institutionalizes best-practice processes and policies knowledge sharing with team.
3.    Provide clear direction and expectations of indirect reports across all support groups within the end to end sourcing process and Sourcing Objectives.
4.    Partner with Business Leaders and Executives to ensure that sourcing strategies/category plans are aligned with the Business Goals
5.    Attracts, retains, and promotes top talent, with a strong focus on diversity and builds a robust slate of credible successors for key leadership positions and for opportunities across Truist.
6.    Promote risk excellence and sound risk management as the first line of defense by driving and aligning with bank-wide policies. 
7.    Partners with the Truist executive leaders to improve efficiency, effectiveness, and productivity, control, consumption and material cost reductions as measured