Strategic Sourcing Category Manager – Banking Industry

3 hours ago

🌲 North Carolina – Remote

Although this job is listed in North Carolina, this company may be open to hiring remote in other states.

💵 $99.7k - $164.6k / year

⏰ Full Time

🟠 Senior

🔴 Lead

🛒 Procurement

🦅 H1B Visa Sponsor

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Flagstar Bank

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Banking • Finance • Real Estate

Flagstar Bank is a diversified commercial bank focused on building relationships to help clients on their financial journeys, whether for personal or business needs. The bank offers a wide range of financial services including personal and business banking, loans, mortgages, wealth management, and investment services. Flagstar is committed to community involvement and meeting the banking needs of diverse neighborhoods, including low- and moderate-income areas, while promoting diversity, equity, and inclusion within its operations.

5001 - 10000 employees

🏦 Banking

💸 Finance

🏠 Real Estate

📋 Description

• Responsible for leading and building best in class strategic category support which includes: developing strategy; leading in support of categories; establishing category plans for the collective group of spend categories to drive total cost of ownership savings • leading the development and execution of reporting and tracking mechanisms; reporting on category strategies and performance; driving cross-functional category teams in change management and supply/service continuity; defining procurement requirements • Charged with implementing the strategic vision and direction of Strategic Supply Management in support of and alignment with Bank objectives • Identify savings opportunities; research and understand trends within the markets; conduct analytical reporting • Collaborate with Operations, Legal, TPRM/SMEs, Tax, Finance, the Business Units, and other stakeholders as needed to champion enterprise wide cross-functional category initiatives

🎯 Requirements

• High School diploma, GED, or foreign equivalent required • Bachelor’s Degree Preferred in Supply Chain Management, Accounting, Finance, or Business Administration • Master’s degree or JD degree preferred • 8+ years experience in supply chain management, contract negotiation, vendor management, and third-party management within a highly regulated environment for large scale financial/banking, mortgage origination/servicing organizations • Specific and deep current category knowledge and experience in Information Technology and/or Facilities/Corporate Real Estate • 6+ years working knowledge and experience with OCC, FFIEC and/or other regulatory guidelines • Ability to productively interact with internal and external levels of management that will include: senior bank officers, vendor account relationship managers, FSB senior and executive level individuals, and/or vendor principles and ownership • Analytical and passionate in thinking and building vendor spend and opportunity analyses to drive meaningful cost savings across the Bank • Experience with Contract Lifecycle Management, Category, Procurement and/or ERP related systems and tools • Proficient to advanced skills with Excel, Word, Powerpoint and Outlook.

🏖️ Benefits

• medical • dental • vision • life • disability insurance • comprehensive leave program