US Bank

U.S. Bank is seeking a Sourcing Manager with vendor management and contractual negotiation experience to contribute toward the success of our vendor expense initiatives for a large Business Line. Responsible for development and support of processes and practices necessary to source and manage suppliers to produce quality products/services and manage risk.. - Thorough knowledge of category management in areas such as consulting, temporary labor, business process outsourcing. Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work.. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

strategic sourcing

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One. Job Description U.S. Bank is seeking a Sourcing Manager with vendor management and contractual negotiation experience to contribute toward the success of our vendor expense initiatives for a large Business Line. Responsible for development and support of processes and practices necessary to source and manage suppliers to produce quality products/services and manage risk. Performs strategic and tactical planning for sourcing initiatives and strategic spend management for a portfolio of spend. Project work includes recommendations relating to sourcing strategy, vendor choice, business requirements definition, focusing on vendor negotiations with medium to large vendors. Regular interactions with business line subject matter experts and support functions, continually seeking opportunities to create value. Periodic work focused on identifying and assisting in the deliverance of cost savings, pricing negotiations, consolidation opportunities, demand management, etc. Additional responsibilities:
Negotiates to optimize client's budget and other financial responsibilities;
Performs sourcing and planning;
Reviews business standards for vendor performance;
Coordinates activities related to anticipating, negotiating, and executing the managed contracts;
Assists with contractual negotiation activities to ensure quality and compliance with contract procedures and standards;
Collaborates with business line clients to establish plans, standards, and procedures that will add value to strategic vendor relationships and mitigates any risks to the company Successful applicants will exemplify US Bank's ethical principles of uncompromising integrity, respect for others, accountability for decisions and actions, and good citizenship. Leaders at U.S. Bank consistently demonstrate integrity and ethics, maturity and resilience, and inspire trust and confidence among their teams. Our leaders are strong communicators who promote collaborative relationships, influence others, and value the diversity of backgrounds and ideas among their employees. Basic Qualifications
- Bachelor's degree in business, finance, supply chain management or logistics, or equivalent work experience
- Five or more years of related experience Preferred Skills/Experience
- Experience in creation and/or implementation of a category strategy for enterprise-wide expenditures
- Thorough knowledge of category management in areas such as consulting, temporary labor, business process outsourcing
- Ability to manage relationships with large, strategic vendors
- Well-developed critical thinking and analytical skills
- Ability to work effectively with individuals and senior level executives inside and outside the organization
- Excellent verbal and written communication skills Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits: Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law EEO is the Law U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $102,340.00 - $120,400.00 - $132,440.00 Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

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