VP, Sourcing - Senior Supplier Management Leader

Company: Synchrony
Location: Charlotte
Posted on: January 26, 2023

Job Description:

Job Description:Role Summary/Purpose:The Senior Supplier Management Leader (SSML) role provides direct support to Synchrony's functions across the entire lifecycle of supplier engagements and partners closely with the Source to Pay team to ensure that supplier deals are onboarded swiftly while mitigating risk. Support includes supplier risk profiling, advice on identification and resolution of risks, communications to functional management and assistance to functional teams on execution of all Supplier Management Program activities. Additionally, this role is responsible for identifying and championing Supplier Management process improvement opportunities.We're proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.Essential Responsibilities:

• Advise, monitor and ensure accuracy of the functions' execution of all aspects of supplier management ensuring quality performance of completion of supplier engagement descriptions, categorization and inherent risk profiling
• Support the Source to Pay community (including Supplier Managers and Functional Designees) with training and guidance ensure appropriate execution of supplier management activities
• For high priority and/or urgent supplier deals, partner with Supplier Managers and Sourcing to drive completion of required supplier risk-related activity (e.g. evaluations, risks, risk acceptances, country evaluation) to ensure that the deal is ready for signature.
• Partner with Sourcing, 2nd Line of Defense, Legal, Functional Management and others in Source to Pay to proactively address deficiencies in the control environment and respond to supplier failure events
• Leverage supplier management workflow and reporting tools to guide the functions in documenting, remediating and escalating supplier risks that exceed program tolerance thresholds
• Recommend and drive actions to mitigate supplier risk
• Maintain ongoing awareness of regulatory guidelines, emerging issues, industry trends, and evaluations required of suppliers and supplier managers.
• Partner with bank leadership and supplier management program stakeholders to understand those trends and drive simplicity in execution wherever possible and value in process delivery for optimal success
• Create a culture of performance excellence and compliance by performing training, coaching and mentoring of key stakeholders, driving understanding and awareness of bank policy and the regulatory requirements that govern the vendor risk management process
• Lead efforts for SSML team to compile feedback on S2P risk-related activities (including running the regular Source to Pay Office Hours). In response to that feedback, champion development and adoption of best practices to identify, communicate and manage risk throughout the supplier lifecycle, including developing requirements to improve the Source to Pay technology solution.
• Perform other duties and/or special projects as assignedQualifications/Requirements:
  • 5+ years financial services industry experience with a bachelor's degree; in lieu of a bachelor's degree 8+ years financial services industry experience
  • 3+ years experience with Supplier Management and Supplier Management business tools; prior Supplier Surveillance/Management/Functional Specialist/Sourcing/Procurement experienceDesired Characteristics:
    • Goal-oriented and must be self-motivated and able to work undirected
    • Ability to influence and work across matrix organization
    • Strong Communication skills, including ability to communicate to all levels of the organization including senior leaders
    • Strong facilitation and problem solving
    • Ability to demonstrate leadership, execution, and significant business and/or bottom line contributions
    • Willingness to work in alignment with standard workday, US Eastern Standard Time
    • Proficient in Excel and PowerPoint
    • Experience operating in a financial regulated-compliance environment
    • Customer service mindset. Excellent team skills and proven ability to work cross functionally as well as within own function
    • Project Management and process improvement experience
    • Ability to influence peers and leaders to deliver work
    • Ability to innovate and find creative solutions to meet business goals
    • Experience defining technical requirements
    • Prior experience in audit or business process testing
    • Team player in fast-paced, high-energy environment
    • Demonstrated success in managing time in a varied and high pressure work environmentGrade/Level: 12The salary range for this position is 85,000.00 - 170,000.00 USD AnnualSalaries are adjusted according to market in CA and Metro NY and some positions are bonus eligible.Eligibility Requirements:
      • You must be 18 years or older
      • You must have a high school diploma or equivalent
      • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
      • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
      • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 24 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Our Commitment:When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Reasonable Accommodation Notice:
        • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
        • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard TimeJob Family Group:Sourcing

Keywords: Synchrony, Charlotte , VP, Sourcing - Senior Supplier Management Leader, Executive , Charlotte, North Carolina