New

Director, Sourcing & Contracting

McKinsey & Company
parental leave, paid time off
United States, New York, New York
Feb 21, 2025
Procurement Director, Sourcing & Contracting Job ID: 95232 Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place. Your Impact Developing talent is the foundation of this role. You will build deep sourcing expertise, upskill colleagues, and create a culture of continuous improvement to ensure long-term impact. Strengthening regulatory compliance will be a key priority, embedding strong controls, supplier due diligence, and targeted training to ensure alignment with internal policies and external regulations. Delivering value to the categories will require ensuring that all spend follows a structured sourcing process and that negotiated benefits are fully realized. Driving operational efficiencies will focus on simplifying processes, streamlining sourcing and contracting handoffs, and leveraging AI, automation, and outsourcing to improve execution and reduce cycle times. Your Growth You will be based in Miramar or New York as part of the Global Procurement Department, overseeing Sourcing and Contracts. Reporting to the Director of Global Procurement Operations, you will lead efforts to develop talent, strengthen regulatory compliance, deliver value to the categories, and drive operational efficiencies through outsourcing, automation, and AI. Your primary focus will be on the sourcing and contracting team, ensuring they have the expertise, tools, and development opportunities to drive success. To keep the team's expertise sharp and continuously evolving, you will actively engage with the Product Development & Procurement (PDP), drawing insights from industry trends, best practices, and external benchmarks. Collaboration with Ethics & Compliance, Legal, Risk, and ESG will be essential to ensure sourcing practices remain aligned with evolving regulatory requirements and responsible procurement standards. Additionally, you will partner with Technology & Digital teams to optimize sourcing operations, leveraging automation and AI to enhance efficiency and streamline workflows. Your qualifications and skills Education & Experience: A university degree in STEM, supply chain, or a related field with at least fifteen years of relevant experience; an advanced degree or MBA is preferred. Leadership & Talent Development: At least five years as a Sourcing Director or an equivalent leadership role with a proven track record in mentoring, upskilling, and fostering a high-performance culture. Regulatory & Compliance Expertise: Deep understanding of regulatory frameworks, supplier due diligence, and risk management in sourcing. Business & Financial Acumen: Strong knowledge of financial principles, market trends, and procurement best practices, with the ability to assess and drive measurable ROI. Negotiation & Relationship Management: Proven ability to structure complex contracts, manage supplier relationships, and collaborate with senior leadership and cross-functional teams. Process & Efficiency Focus: Experience designing and implementing sourcing processes that optimize execution, integrate automation and AI, and improve procurement Change Management & Strategy Execution: A strategic mindset with the ability to lead transformation, influence stakeholders, and drive continuous improvement in sourcing and contracting. Please review the additional requirements regarding essential job functions of McKinsey colleagues. Apply Now Apply Later FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $213,000 - $284,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - CSSA Job Skill Code - DPRC - Director of Procurement Function - Industry - Post to LinkedIn - Yes Posted to LinkedIn Date - Mon Feb 24 00:00:00 GMT 2025 LinkedIn Posting City - Miramar LinkedIn Posting State/Province - Florida LinkedIn Posting Country - United States LinkedIn Job Title - Director, Sourcing & Contracting LinkedIn Function - Purchasing;Supply Chain LinkedIn Industry - Logistics and Supply Chain LinkedIn Seniority Level - Director