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Job Description
VisaGlobal SourcingGlobal Sourcing is part of the Finance organization and manages Visa’s end-to-end sourcing and procurement of goods and services. Sourcing is responsible for partnering with technology and business owners to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality, while minimizing risk to Visa.Overview:Reporting to the Sourcing - Senior Director of Corporate Applications & Data, this Sr. Manager will serve as an individual contributor and own a portfolio in support of Visa’s Technology organization. Year-over-year, this person will oversee approximately $40M+ in spend across a broad range of key suppliers. The specific focus on this role will involve consulting with Technology stakeholders to define a vision, then delivering upon that vision through execution of Sourcing activities. This role will partner closely with key stakeholders within Visa’s Technology, Finance, and other organizations, including, but not limited to E/SVP-level leaders globally. In this role, he/she will provide subject matter expertise, deep market insights and strategic guidance to business leaders by understanding their strategy, initiatives and plans. This person will be expected to deliver against an annual savings target.
Essential Functions:This is a mid-level role within Visa’s Global Technology Sourcing organization and the responsibilities range from building relationships with Technology executives and working with stakeholders at all levels of the organization to drive strategic decision, to leading sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties. Key responsibilities include, but are not limited to the following:
Relationship Building- This role supports several Visa Technology leaders including Corporate Information Technology, Data Platform and Data Warehousing as well as other key stakeholders within Visa IT.
- Build strong relationships with business partners to drive Sourcing engagements and increase the influence/role of Sourcing within the various business teams. This person can expectdirect visibilityto senior executives including, but not limited to, Visa’s EVP of Technology, and Technology Leadership Team members.
- Regularly update executives at all levels of the company on deal status, category reporting, etc. Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal.
- Take a global view to ensure that Visa leverages its scale domestically and internationally.
- Collaborate with Category teams and Visa Technology to establish the Supplier / Product Strategy for Software as a category of spend at Visa.
- Understand the Visa Technology footprint, the long and short-term strategies and the suppliers within that landscape.
- Oversee the aligned categories. Understands the supplier impacts and effectively communicate to Sourcing executives and Technology stakeholders to inform risk/reward decision-making.
- Perform market analysis to support recommendations to the Technology teams.
- Drive a sustainable pipeline of activity and proactively engages Technology Business Partners to ensure proper runway.
- Maintain an understanding of the regulatory market as it impacts Visa Technology’s Software and Data strategies and market approach.
- This role will have global reach, high impact, and will be responsible for delivery of key program-level initiatives. The preferred candidate will bring an understanding of software licensing and have a can-do attitude.
- Manage escalations. Support the Sourcing and Technology teams to negotiate and drive best-in-class deals for Visa. This role requires a strategic view and the willingness to execute on the day-to-day.
- Drive multi-vendor strategies to optimize Visa’s leverage and reduce operational risk. Execute RFx events to support Visa’s Technology organization.
- Perform savings tracking and report realized savings on a continual basis.
- Negotiate contract terms and conditions as a first line of defense, in partnership with Visa Legal, Data Privacy, Cybersecurity, and other teams.
- Take part in quarterly reporting, regularly recurring team meetings, and ongoing updates to direct reports, peers and leaders around the organization.
Qualifications
Basic Qualifications:5 or more years of relevant work experience with a Bachelor’s Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhDPreferred Qualifications:6 or more years of work experience with a Bachelor’s Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD 4+ years of experience as a sourcing and/or procurement professional, preferably with a focus on Technology and Software supplier relationships. Demonstrated understanding of software licensing, including the ability to converse with, and influence, key IT and Procurement executives on supplier strategy, sales models, market/Visa levers, and financial modelling. Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action. Demonstrated technology and software negotiation experience. Experience supporting technology and other stakeholders with a passion to deliver outstanding customer service, forge lasting relationships, and approach goals with team interests in mind. Demonstrated ability to manage vendor relationships and influence key vendor account executives. High level of self-motivation and initiative, and ability to operate as a team player. Willingness to offer thought leadership, to think creatively, and to offer new ways of approaching old problems. Undergraduate degree required, preferable in business, economics, computer science or engineering-related field; graduate degree in business, economics or engineering a plus.Additional Information
Visa has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees and visitors. As a condition of employment, all employees based in the U.S. are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by lawWork Hours: Varies upon the needs of the departmentTravel Requirements: This position requires travel5-10% of the time.Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
Vacancy expired!