Senior Director, Strategic Sourcing- Marketing & Professional Services
College Board -Finance
Location:This is a remote role. Candidates who live near CB offices have theoptionof being fully remote or hybrid (Tuesday and Wednesday in office). All CB employeesare required tooccasionally travel to meet in person for business purposes.
Role Type: This is a full-time position
About the Team
The Strategic Sourcing team is a dynamic, collaborative group that partners with leaders across the organization to drive decisions that maximize value and impact. We combine market insight, strong supplier relationships, and strategic sourcing practices to ensure every dollar we spendadvancesthe College Board’s mission. Our work strengthens operations, promotes sustainability, and ensures that the organization’s resources are used thoughtfully and effectively inserviceof students everywhere.
The Strategic Sourcing team at College Board is embarking on an exciting transformation, shifting from transactional procurement to a model centered on strategic engagement. This role will join a team of sourcing leaders dedicated to delivering meaningful, measurable value to the organization, directly supporting our mission and the students we serve.
About the Opportunity
TheSeniorDirector, Strategic Sourcing- Marketing & Professional Servicesis responsible fordefining and executing College Board’s enterprise strategy for sourcingMarketing & Professional Services,leading enterprise-wide procurement initiatives, supplier relationship management, and contract management activitiesacross multiple spend subcategories. In this role, you will develop and implement sourcing strategies, conduct market and supplier research, manage RFI/RFP/RFQ processes, oversee supplier evaluation and selection, and drive contract negotiations.
You will work within theStrategic Sourcing team and will be responsible for developing and executing sourcing strategies forMarketing and Professional Servicesrelated products and services (e.g.Advertising & Media Buying, Creative & Content Services, Print & Production Services, Consulting Services, Legal & Advisory Services).
You will also partner closely with cross-functional stakeholders includingEngagement and Reach and Global Policy and External Relations, as well as partners in Governance Risk and Compliance, Legal, Finance, and suppliers to align sourcing strategies with organizational goals, mitigate risk, manage supplier relationships and ensure compliance with policies and regulations. This role requires strong leadership, strategic thinking, and the ability to foster supplier and stakeholder partnerships that drive measurable value to College Board.
In this role, you will:
Strategic Sourcing & Category Management (70%)
Lead the development and execution ofMarketing & Professional Servicessourcing strategies to optimize spend, reduce risk, and enhance value in alignment with organizational objectives
Identify, evaluate, and make recommendations onselectionof suppliersacross marketing and professional services categories
Manage a team of strategic sourcingdirect reports,establishing teamand individual targets for cost savings, process improvements, and professional development of the team
Understand the current supplier landscape and identify opportunities to consolidate demand and drive cost savings while maintaining service quality
Proactively update sourcing strategies based on market analysis and risk assessment, aligning with organizational goals and industry trends
Supplier & Contract Management (15%)
Lead supplierselection, performance management, and relationship development in partnership with internal stakeholders
Lead negotiations of commercial terms, service-level agreements (SLAs), and licensing models to achieve favorable cost, risk, and performance outcomes
Partner with Legal,GRCand Information Security teams to ensure all security and business term requirements are included in contracts
Manage ongoing supplier relationships, performance reviews, and escalation processes.
Data & Process Excellence (10%)
Gather and analyze spend data to benchmark and identify opportunities for savings and efficiency
Create category specific cost models, including TCO analyses, to support data driven sourcing recommendations and track impact against organizational goals and metrics
Adopt andleverageexisting Procurement tools and platforms, as well as enterprise AI tools, to deliver value driven insights and recommendations
Cross-Functional Leadership & Collaboration (5%)
Serve as a trusted advisor to business units on category related procurement and sourcing matters, delivering market insights, improving supplier performance, and ensuring contract and policy compliance.
Proactively engage with stakeholders to understand their goals and planned initiatives, translating insights into category sourcing strategies that anticipate needs, align with enterprise objectives, and deliver strategic value
Facilitate cross-functional collaboration to improve contract compliance, supplier performance, and policy adherence
About You
Qualifications
Bachelor’s degreerequired; MBA or advanced degree preferred
10+years of experience in strategic sourcing, procurement, or supplier management, with at least4yearsfocused on Marketing and Professional Services categories
3+ yearsof experienceleading procurement or strategic sourcingdirect reports
Demonstrated experience negotiating high-value, complex contracts
Familiarity with ERP systems, supplier management systems, and contract lifecycle management tools
CPSM,
collegeboard