A global financial services organization operating a centralized shared services model, delivering insurance, wealth, and asset management solutions with strong governance and operational discipline.
Role Overview:
The Sourcing Specialist executes tactical and mid-level sourcing initiatives across Corporate, Business, and Technology categories. Focused on high-volume, low-to-moderate complexity engagements, the role ensures efficient delivery while maintaining governance, risk, and compliance standards. The position partners with internal stakeholders to drive sourcing, contract negotiation, and third-party risk alignment.
Key Responsibilities:
- Manage sourcing for lower-spend, high-volume categories (e.g., professional services, HR, marketing, finance, IT).
- Lead the full sourcing lifecycle: intake, competitive events, negotiation, and contract execution.
- Review and negotiate contracts in collaboration with Legal and business stakeholders.
- Coordinate third-party risk assessments, AML checks, and compliance approvals.
- Ensure adherence to governance checkpoints and regulatory requirements.
- Resolve procurement issues and supplier escalations efficiently.
- Build and maintain strong relationships with internal clients.
- Drive process improvement and adoption of standardized procurement workflows and systems.
Qualifications:
- 3+ years in sourcing or procurement within a governance-driven environment.
- Experience managing sourcing events, negotiations, and contract execution.
- Strong stakeholder management and influencing skills.
- Knowledge of vendor contracts and procurement platforms (e.g., SAP Ariba).
- Understanding of third-party risk in regulated industries preferred.
- Strong analytical and financial skills, including advanced Excel.
- Excellent communication skills and ability to work independently or within a team.
- Comfortable navigating ambiguity with a results-driven mindset.
