Sourcing Manager

This is a mid-level role within Visa’s Global Sourcing organization supporting Visa’s Product, People, and Professional Services, Sourcing Team (PPP). The responsibilities range from building relationships with business and supplier stakeholders and working at all levels of the organization to drive strategic decisions and deliver savings while balancing the risks and regulatory issues from engaging third parties. You will need a strong sense of urgency and the ability to balance short vs.

long-term needs. This role will independently lead deals and relationships based on the category strategy as well as support the sourcing category leads. You are accountable for enabling strategies to deliver sustainable results across a range of subcategories by identifying new opportunities for value and process improvement.

• Deliver end to end sourcing services. Lead sourcing processes, including executing RFx processes, conduct negotiations, review contracts, and manage other sourcing-related activities. Ensure that all procurement actions are efficient, cost-effective, and compliant with Visa's policies
• Participate in supplier selection and moderately complex contract negotiations, involving legal and other departments as necessary, to achieve favorable terms on quality, delivery, and price, and ensure end-user needs are met and deliver cost savings
• Drive completion of simultaneous projects by proactively considering new alternatives and driving critical thinking to optimize results
• Build relationships and effectively partners across varied functions with internal stakeholders, external suppliers, agencies, and colleagues to foster open and collaborating communication and influence change
• Create, write, negotiate, and review supplier contracts. Work with internal business partners to establish agreements that reflect the interests of the company
• Manage and analyze large datasets, and information sources to support business cases and the development of category strategies, negotiation plans, and internal discussions
• Take part in and prepare materials for quarterly reporting, regularly recurring team meetings, and ongoing updates to peers and leaders around the organization
• Maintain external focus by leveraging industry peers, organizations, associations and by continuing to build strong relationships outside of Visa
• Provide high level education to business partners on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple partners
• Contribute significantly to the achievement of defined category performance targets and assist in driving the performance of associated suppliers, measure supplier’s performance to ensure performance meets expectations
• Communicate effectively and frequently, listen carefully, and actively seek and value the perspectives of others
• Support various category leaders in developing supplier plans with a focus on continuous improvement and innovation
• Support a high level of change management initiatives that require a strong understanding of external industry’s best practices and implementation of Visa wide policies.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

• 5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

• 6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
• Past experiences in helping develop business cases for change through leveraging business acumen, market intelligence, and insights to drive a broad strategic impact across an organization
• Demonstrated contract and agreement negotiation experience, including development of negotiating plans and strategies
• Strong stakeholder relationship-management skills and ability to communicate effectively, and collaborate with, senior-to-exec management
• Excellent…