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Specialist, Sourcing Strategic Sourcing Category Manager - Business

Job in Tempe, Maricopa County, Arizona, 85285, USA
Listing for: Northern Trust Corp
Full Time position
Listed on 2026-10-30
Job specializations:
  • Supply Chain/Logistics
  • IT/Tech
Salary/Wage Range or Industry Benchmark: 108965 - 185155 USD Yearly USD 108965.00 185155.00 YEAR
Job Description & How to Apply Below
About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) 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.

  • Responsible for development of sourcing strategy and performing category analytics within the Business Applications Category (Software Technology and Banking Platforms).
  • Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
  • Responsible for contract review of various technology agreements, including NDA’s, Master Agreements, Statements of Work, etc. and leading all aspects of contract & price negotiations and ongoing contract administration.
  • Responsible for compliance with procurement processes and procedures.
  • Supports and manage Non-Traditional 3rd party supplier relationships through TPMO due diligence processes, may include expertise and advisor support for commercial pricing negotiations.
  • Supports supplier activity reporting and internal BU supplier deal reviews, supplier rationalization and demand management opportunities.
  • Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships).
  • Manages reporting of Procurement performance metrics.
  • Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues.
  • Utilize Coupa (ERP) and maintain Contract Management System, including loading of final agreements.
  • Interacts with business and Partners to formulate and implement strategy and solutions to enhance existing services, create new services or improve processes. Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the solution.
  • Serves as technical expert with in-depth knowledge in area of Technology Software and Banking/Treasury platforms and supply chain management with strong knowledge of other areas Knowledge :

    In depth knowledge of supply chain management and procurement. Demonstrated experience in sourcing for indirect categories (e.g. IT). Strong analytical, sourcing, negotiation and communication skills. Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills. Experience with ERP system/ Peoplesoft. Demonstrated success in time management; superior project management skills, attention to detail; thorough and organized.
  • Knowledge :

    In depth knowledge of supply chain management and procurement. Demonstrated experience in sourcing for indirect categories (e.g. IT). Strong analytical, sourcing, negotiation and communication skills. Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills. Experience with ERP system/ Peoplesoft. Demonstrated success in time management; superior project management skills, attention to detail; thorough and organized.

    Experience :

    Bachelors Degree in Business, Supply Chain Management or Finance and six 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.

    Salary Range: $108, 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.

    Work Authorization Applicants must be authorized to work in the U.S. without the need for…

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