Specialist - Senior Category Manager - Consulting

Northern Trust Procurement Consultant

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

• Develops best-in-class procurement and category management practices enterprise-wide
• Works with Category Managers to establish and communicate category strategy
• Mentors Category Managers on the approach and resources to educate themselves in their industry
• Develops, implements and communicates an overall strategy to meet both the Business Unit's and Corporation's strategic plan
• Leads and manages sourcing events and the sourcing process
• Responsible for contract review, drafting and creation of various agreements
• Supports regulatory and compliance requirements
• Manages reporting of Procurement performance metrics
• Establishes and maintains relationships with key partners
• Utilizes Contract Management System for systematic organization and classification of contracts
• Interacts with business and Partners to formulate and implement strategy and solutions

Requires specialized depth and/or breadth of expertise in Strategy Sourcing and Category Management best practices

Interprets internal/external business challenges and recommends best practices to improve products, processes or services

An experienced Procurement Consultant to provide end-to-end category management, strategic sourcing, and procurement of indirect procurement categories

Communicates difficult concepts and negotiates with others to adopt a different point of view

Ability to act as a catalyst for change and improvement

Master's Degree in Business, Supply Chain Management or Finance is preferred

Fifteen or more years' experience in Sourcing or Procurement related field or an equivalent combination of education and work experience

MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus

Excellent verbal and written communication skills are required along with ability to be highly flexible, strategic, collaborative and adaptable to change

Excellent understanding of procurement philosophies and strategies along with in-depth knowledge of supply chain management and procurement

Leadership, mentorship and organizational skills are required to develop objectives and goals

Proficiency in MS Office Suites with advanced Excel skills. Experience with ERP systems/People Soft

$114, USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity.

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at , or alternatively you can discuss your individual requirements with the recruiter you are working with.