Strategic Sourcing / Vendor Management Specialist

Genesis10 is currently seeking a Strategic Sourcing / Vendor Management Specialist for a contract position with a Major Financial Services Company located in Milwaukee, WI. This is a contract opportunity.

Pay Rate: $29.00 - $31.00 depending on skill level and experience

This role is responsible for executing the entire vendor lifecycle, from contract development and negotiation to post-signature management. The specialist will partner with business leaders on strategic sourcing initiatives, execute RFx activities, and negotiate various technology and service agreements.

We are a team of 5 that support the Wealth, Institutional Investments, and Field functions within Sourcing and Procurement

Responsibilities:

• Accountable for the execution of all processes and procedures encompassing the entire vendor lifecycle and framework, such as contract development, negotiation, execution and post-signature management
• Partner with and provide consultation to business partners and functional area leadership identifying vendor management opportunities and initiatives supporting the balance of risk and maximization of the supplier value proposition
• Support multiple spend category strategies and sourcing engagement strategies; oversee key strategic vendor sourcing initiatives; execute RFx activities and negotiate technology and service agreements (Licensing, SAAS, BPO, etc.)
• Direct the overall evaluation, selection, transition and monitoring of contractual agreements
• Manage the process to ensure that proper level of due diligence is performed in preventing and mitigating/managing risk by engaging appropriate stakeholders
• Direct the process of measuring and monitoring vendor performance, ensuring effective vendor relationships
• Develop negotiation strategies using cost/benefit analysis, should-cost modeling, market research, etc., and lead negotiation efforts on new deals
• Manage, minimize and mitigate supply/contractual/regulatory risk using key functions where appropriate (Legal, Compliance, Data Privacy, Cybersecurity, Audit etc.)
• Build strong working relationships with various cross functional groups across the enterprise

Requirements:

• Bachelor's Degree with an emphasis in Business, Accounting/Finance, MIS, Engineering or related field, or an equivalent combination of education and work experience
• 3-5 years of relevant category management, strategic sourcing, and vendor management experience
• Operational and/or procurement experience in technology or services is preferred
• Proven ability to arrive at unique solutions to complex issues
• Demonstrated ability to identify, analyze, and effectively advise on strategic issues to senior and department management
• Proven ability to cultivate and manage relationships with key internal personnel, external clients and vendors
• Strong problem solving and critical thinking skills
• Superior verbal and written communication skills
• Located within the greater Milwaukee metro area (preferred)

Only candidates available and ready to work directly as Genesis10 employees will be considered for this position.

If you have the described qualifications and are interested in this exciting opportunity, please apply!

About Genesis10:
Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.

For contract roles, Genesis10 offers the benefits listed below. If this is a perm-placement opportunity, our recruiter can talk you through the unique benefits offered for that particular client.

Benefits of Working with Genesis10:

• Access to hundreds of clients, most who have been working with Genesis10 for 5-20+ years.
• The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
• Access to an experienced, caring recruiting team (more than 7 years of experience, on average.)
• Behavioral Health Platform
• Medical, Dental, Vision
• Health Savings Account
• Voluntary Hospital Indemnity (Critical Illness & Accident)
• Voluntary Term Life Insurance
• 401K
• Sick Pay (for applicable states/municipalities)
• Commuter Benefits (Dallas, NYC, SF, and Illinois)

For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as a Best Company for Work-Life Balance, as a Best Company for Career Growth, for Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website www.genesis10.com.

Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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