Strategic Sourcing Lead

Responsibilities

• Lead development and execution of category strategies aligned with enterprise objectives
• Drive complex RFx events from ideation through contract execution
• Act as a subject matter expert and advise senior stakeholders on sourcing decisions
• Identify and implement innovative sourcing solutions and operational improvements
• Liaise between business units and Supply Chain Management
• Lead steering committees and governance forums
• Build relationships with internal stakeholders and external suppliers
• Negotiate high-value, complex contracts with a focus on risk management and compliance
• Oversee contract lifecycle management, renewals, and pipeline prioritization
• Research, evaluate, negotiate, and select suppliers for high-quality, cost-effective goods and services
• Request and review complex vendor proposals
• Prepare supplier strategies, deal strategies, financial analyses, category strategies, and other sourcing artifacts
• Develop and monitor purchasing strategies and initiate departmental improvements
• Manage multiple strategic projects and present recommendations to executive leadership

• University/college degree, typically a bachelor's degree
• 5+ years of industry-relevant experience
• Comparable combination of education, job-specific certifications, and experience may be considered in lieu of a degree
• Proven ability to influence and communicate effectively at all organizational levels, including executive leadership
• Proficiency with ERP, Source-to-Pay systems, preferably Ariba, and risk management tools
• Deep understanding of financial services industry products and services
• Advanced experience sourcing technology solutions, including software, SaaS, infrastructure, and network services
• Strong analytical and negotiation skills with a track record of measurable results
  
  Knowledge of procurement, purchasing management, sourcing strategies, supplier management, supplier selection, vendor relationships, and vendor risk management
• Competency in contracts review, cost-benefit analysis, decision making, critical thinking, effective communications, industry knowledge, influencing, negotiating, and procurement
• No required certification
• No required license
• Must not require employment visa sponsorship; PNC will not participate in STEM OPT
• Subject to applicable FDIA, SAFE Act, and/or FINRA requirements for registered roles

Demonstrates expertise in sourcing strategies, contract negotiation, and supplier management within the financial services industry. Proven ability to influence stakeholders and drive operational improvements through effective communication and analytical skills.

• Sourcing Technology Solutions
• Contract Negotiation
• Supplier Management
• Risk Management
• ERP Systems Proficiency

• Sourcing Strategies
• Contract Lifecycle Management
• Cost-Benefit Analysis
• Vendor Risk Management
• Financial Analysis
• Negotiation Skills
• Purchasing Management
• Decision Making
• Critical Thinking
• Analytical Skills

• Effective Communication
• Influencing Skills
• Relationship Building
• Leadership

• Financial Services
• Procurement
• Vendor Relationships
• Supplier Selection
• Governance Forums
• Steering Committees
• RFx Events
• Operational Improvements
• Departmental Improvements
• Executive Leadership

• ERP Systems
• Source-to-Pay Systems
• Ariba
• Risk Management Tools