Visa鈥檚 Global Procurement organization is part of the Global Finance function and manages the end-to-end sourcing and procurement of goods and services. The team is responsible for partnering with the business owners to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality while minimizing risk to Visa. The team also provides support to the business with risk management, supplier contracting and purchase order processes to ensure compliance with regulatory requirements and corporate policies and procedures. The team plays an essential role in delivering cost savings and providing the most efficient path for procuring goods and services.
Position Summary:
Reporting to the Vice President of Global Technology Sourcing, the Senior Director manages a team of Category Leads who support Corporate Applications. This includes on-prem and SaaS agreements. Annual spend fluctuates based on contracting cycles but averages $250M across hundreds of suppliers. Works closely with key stakeholders within the Technology organization, including CTO, CIO, Technology CFO and extended members of the Technology Leadership Team (TLT) reporting to the CIO of Corporate Information Technology. In this role, he/she will provide subject matter expertise, deep market insights and strategic guidance to the business leaders by understanding their strategy, initiatives, and plans. As the leader of the Corporate Applications Software Sourcing team, he/she will manage the sourcing staff designated to support all relevant technology purchases globally and is expected to provide a material contribution to annual savings.
Responsibilities:
- This is a leadership role within Visa鈥檚 Global Technology Sourcing organization and the responsibilities range from building relationships with Technology executives and working with stakeholders at all levels of the organization to driving strategic decision, to leading the sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties. Key responsibilities include, but are not limited to the following:
- Owning a broad book of business and managing a multitude of priorities in support of senior technology leaders.
- Building and enhancing relationships with the TLT and developing sourcing strategies to meet their requirements while managing risk and achieving cost efficiencies at Visa.
- Assisting the VP Technology Procurement in communicating status to the Technology Business Office on behalf of the entire Technology Procurement team. Examining process improvement opportunities for the entire team focused on stream-lining end-to-end times, reducing overhead and improving engagement.
- Ensuring Global Procurement enhances its buying power based on cross functional and geographic activities across all areas, leveraging Visa's global buying power and ensuring improvement opportunities at all times.
- Collaborating with business leaders to evaluate Technology investment plans and identify sourcing opportunities and strategies to drive the sourcing pipeline to deliver cost savings.
- Managing suppliers and plans for the use of suppliers in connection with the implementation of Technology strategies and goals.
- Leading a high performing team of category leads responsible for proactively managing supplier relationships in defined categories to deliver cost savings and enhanced services for Visa.
- Leading a multi-location team responsible for conducting various highly complex analysis, including opportunity assessments for selecting spend categories to source, market-benchmarking and spend analysis, category and supplier cost models and financial impact analysis from cost savings.
- Leading and facilitating supplier selection and highly complex contract negotiations, involving Legal, Finance, Risk and other stakeholder departments as necessary, to achieve favorable terms on quality, delivery and price, ensuring end-user needs are met and delivering substantial cost savings on a consistent basis.
This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.