Synchrony

Compensation

Full Description

Job Description: Role Summary/Purpose: The Sourcing Commodity Team Leader – Software will lead a team of Sourcing Commodity professionals and be responsible for developing and executing sourcing commodity and supplier strategies for Software areas that span across sourcing. This leader will partner with the business teams and be an integral part of developing the sourcing strategy to deliver on cost reductions, supplier consolidation, supplier oversight, and manage/mitigate supplier and business risks. This leader will need to drive a supplier strategy across Synchrony to optimize cost savings and develop strong cross functional team relationships. The Sourcing Team Leader will also be responsible for managing their own suppliers, including developing sourcing strategies, executing the sourcing process ensuring supplier compliance during on-boarding and renewal time periods and negotiating the contractual agreements of assigned suppliers. Our Way of Working We’re proud to offer you flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events. Essential Responsibilities: Provide overall sourcing leadership to the Software sourcing team to ensure compliance to key processes, timely negotiation of contracts and create tracking to measure workload and through put Provide coaching, mentorship and development to a team of direct reports Develop, implement, and lead the Software supplier strategy for assigned suppliers ensuring sourcing process integrity, business protections, productivity optimization and supplier performance Develop and implement a commodity sourcing operating plan/growth playbook for assigned suppliers working cross functionally to ensure alignment with business strategies, goals, and objectives Develop and execute business sourcing strategies, this is at least a process that is executed and documented twice a year. This will include aligning with the business functions and finance representatives Develop and track KPI’s to ensure goals are met Utilize Coupa to optimize the sourcing process, including competitive sourcing and benchmarking Partner with the balance of the Source to Pay team to optimize purchases and processes Develop strategies to utilize competitive leverage across business functions and Synchrony Provide functional leadership for the suppliers you own and ensure a strong process to develop comprehensive supplier / buyer contractual relationships to meet the business needs and leverage professional expertise with Legal and business owners to negotiate and draft comprehensive commercial agreements Provide oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process Utilize competitive tools to leverage competition and drive cost reductions Perform other duties and/or special projects as assigned Qualifications/Requirements: Bachelor’s degree and 10+ years of progressive leadership experience within Sourcing/Supply Chain or related function and demonstrated strength in leadership, execution, and proven cost reduction contributions In lieu of a degree, 14+ years of progressive leadership experience within Sourcing/Supply Chain or related function and demonstrated strength in leadership, execution, and proven cost reduction contributions 8+ years of experience managing processes and/or projects Desired Characteristics: Proven strong facilitation and team leadership skills Outstanding written and oral communication skills at all levels of the organization High enthusiasm and desire to work in fast paced, ever changing environment Proven ability to work cross functionally and influence teams Proven ability to manage complex initiatives across multiple teams/platforms and work with little supervision Strong commercial skills and ability to interact with suppliers Demonstrated project management skills Proven quantitative and analytical skill set Strong PC proficiency (Microsoft Suite including: Word, Excel, PowerPoint, and Outlook) or comparable software application Experience with Coupa, Ariba, or other Source to Pay applications. Grade/Level: 13 The salary range for this position is 130,000.00 - 210,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance. Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge. Salaries are adjusted according to market in CA, NY Metro and Seattle. 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 18 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 an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow. 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 age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We’re proud to have an award-winning culture for all. 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 Time Job Family Group: Sourcing We’re on a mission to build a future where every ambition is within reach. We’re doing this by creating financial and technology solutions that move people forward. When you join us, whether you work in an office or from your home, you’ll experience support and encouragement at all levels of the organization— you’ll be provided with the tools and technology to grow your career here.