Strategic Sourcing, Vice President

Do you want your voice heard and your actions to count

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, 150,000 colleagues strive to make a difference for every client organization and community we serve. We stand for our values: building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas, and collaborate toward greater innovation, speed, and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client site four days per week and work remotely one day. A member of our recruitment team will provide more details.

The Strategic Sourcing Manager is responsible for several key areas focused on (1) the development and execution of comprehensive sourcing and category strategies and (2) the successful execution of those strategies to drive greater efficiency, value, and quality. The role also builds sustained value‑based relationships with stakeholders and suppliers, provides subject matter expertise, strategic guidance, and leadership in contract negotiations to achieve defined business objectives.

The primary objective is to efficiently save the bank money while maintaining acceptable risk levels and sustaining value-based interdepartmental relationships.

• Develop a comprehensive strategic sourcing strategy for various lines of business in alignment with defined business objectives and overall corporate objectives
• Lead the end‑to‑end sourcing process and facilitate analysis and collaboration of a cross‑functional team leveraging market/industry insights to make strategic recommendations
• Develop negotiation strategy and lead negotiations to maximize total value and minimize risk
• Achieve cost savings and customer satisfaction targets
• Manage RFx/Contract processes
• Lead and execute on commodity/category/supplier strategy to deliver maximum value
• Integrate business partners’ objectives and drivers into the commodity/category/supplier strategy with input from key stakeholders

• Build and maintain value‑measured relationships with key stakeholders to drive sustained results while ensuring strategies remain aligned with business goals
• Conduct regular business reviews with key suppliers to ensure compliance with contract deliverables

• Provide full and accurate category market intelligence by leading and performing in‑depth analysis to understand market drivers and cost structures across the category level
• Maintain industry and market awareness trends through research and networking
• Create commodity or supplier‑specific sourcing strategies to optimize the supply base, diversity spending, and total cost of ownership

• Bachelor’s Degree and typically 10+ years of relevant experience
• MBA or advanced degree in a related discipline preferred
• Strong leadership, management, planning, organizational, analytical and continuous improvement skills
• Management and supervisory skills including team building, influencing, motivating, developing and managing onsite and offsite staff
• Provide oversight, coaching and mentoring to other sourcing managers within the organization
• Interaction with Executive Committee members of the company
• Experience influencing cross‑functional leaders in a large organization, some of whom may have different priorities and goals
• Proven ability to produce results that impact a broad portfolio of spend or change across the organization
• Ownership of delegated authority from the sourcing leadership team for decision‑making and/or strategic planning
• Experience managing a budget, workload, headcount, and team
• Strong business acumen and ability to provide…