Title: Sourcing Manager/ 3rd Party Management Location: PHX, DEN, Westlake or Orlando Duration – 12 months Possibility of conversation
Job Description:
The Sourcing Manager, will play an essential role within Bank Vendor Management (BVM) by providing business partners with category management leadership, planning and expertise.
This position will be responsible for fostering strong relationships with senior Schwab stakeholders in several core business units; developing, maintaining and executing; leading all aspects of the strategic sourcing lifecycle; as well as collaborating with Risk groups and Corporate Legal Services, as required, on vendor engagements.
The Sourcing Manager will lead competitive sourcing events to identify competitive vendors or alternative solutions that will generate leverage and drive favorable pricing.
The Sourcing Manager will lead the review, analysis, and negotiation of strategic projects, identify competitive vendors or other alternatives to generate advantages and drive favorable pricing and terms and conditions. Gather business and technical requirements and produce necessary documentation in support of RFx events. Develop internal presentations and business cases to support management approvals of multi-year vendor agreements. Additionally develop, review, and handle any ad hoc documents requiring special risk and legal reviews.
Provide economic analysis of vendor proposals and various internal management inquiries for existing or potential vendor expenditures. Identify and document both internal and external risks associated with financial services, market data, digital assets, crypto infrastructure, custody, blockchain technology, and related fintech transactions.
Support sourcing and procurement activities for digital asset and cryptocurrency-related vendor engagements, including custodians, sub-custodians, transfer capabilities, blockchain infrastructure providers, wallet technology vendors, trading platforms, compliance tools, data providers, and other crypto ecosystem service providers.
Partner with Legal, Risk, Compliance, Information Security, Finance, and business stakeholders to evaluate digital asset and crypto vendor risk considerations, including regulatory requirements, data security, operational resiliency, audit rights, KYC/AML obligations, confidential supervisory information, indemnity, limitation of liability, and bankruptcy remoteness considerations.
Work with Finance, Legal, Risk and other subject matter experts within Schwab to ensure that that policies and procedures and followed and met.
The Sourcing Manager will also ensure that industry-leading procurement services and tools are utilized to support growth and evolution of relationships for our suppliers and business partners.
Required Skills:
5+ years of experience in category management expertise, strategic sourcing, consulting, vendor management, risk management and/or procurement (required)
Experience sourcing, procuring, negotiating, or supporting vendor engagements involving digital assets, cryptocurrency, blockchain infrastructure, crypto custody, fintech platforms, or related technology services
The ability to lead cross-functional teams and to build and manage category management plans that maximize value and mitigate risks while ensuring internal stakeholders’ requirements are met
Consistent and proven track record of building effective working relationships with senior level business partners and internal stakeholders as well as supplier counterparts
Self-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction
Strong negotiation skills and understanding of contract law and risk requirements
Expertise in sourcing policy, procedures and processes
Flexible and adaptable in handling/implementing change and understands how change will impact the team, internal Business Partners and vendors
Ability to lead all aspects of multiple projects and work in a fast-paced environment with tight target dates
Ability to apply organizational change management and consulting skills / knowledge and expertise
Strong oral and written communication skills
Strong research and analytical skills
Strong interpersonal, problem solving, conflict resolution, facilitation, and negotiation skills
Required proficiency in Word, PowerPoint and Excel; Experience with Ariba and Tableau is a plus
Nice to Have Skills:
Familiarity with digital asset market structure, crypto custody models, blockchain analytics, wallet infrastructure, stablecoins, tokenized assets, and evolving regulatory expectations applicable to financial institutions
Education/ Experience Required:
Bachelor’s degree or equivalent experience; Supply chain management, technology, fintech, digital assets, or related financial services experience is a plus
Applicant Notices & Disclaimers
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At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.This position's pay range is $45.00/hr - $50.00/hr.
