Sr. Director, Global Technology Sourcing
- Full-time
- Job Family Group: Engineering and Technology
Company Description
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.
When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.
Join Visa: A Network Working for Everyone.
Job Description
Visa’s Global Procurement organization is part of the Global Finance function and manages the end-to-end sourcing and procurement of goods and services. The team is responsible for partnering with the 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. The team also provides support to the business with risk management, supplier contracting and purchase order processes to ensure compliance with regulatory requirements and corporate policies and procedures. The team plays an essential role in delivering cost savings and providing the most efficient path for procuring goods and services.
Essential Functions:
This is a leadership 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 driving strategic decision, to leading the 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:
• Owning a broad book of business and managing a multitude of priorities in support of senior technology leaders.
• Building and enhancing relationships with the TLT and developing sourcing strategies to meet their requirements while managing risk and achieving cost efficiencies at Visa.
• Assisting the VP Technology Procurement in communicating status to the Technology Business Office on behalf of the entire Technology Procurement team. Examining process improvement opportunities for the entire team focused on stream-lining end-to-end times, reducing overhead and improving engagement.
• Ensuring Global Procurement enhances its buying power based on cross functional and geographic activities across all areas, leveraging Visa's global buying power and ensuring improvement opportunities at all times.
• Collaborating with business leaders to evaluate Technology investment plans and identify sourcing opportunities and strategies to drive the sourcing pipeline to deliver cost savings.
• Managing suppliers and plans for the use of suppliers in connection with the implementation of Technology strategies and goals.
• Leading a high performing team of category leads responsible for proactively managing supplier relationships in defined categories to deliver cost savings and enhanced services for Visa.
• Leading a multi-location team responsible for conducting various highly complex analysis, including opportunity assessments for selecting spend categories to source, market-benchmarking and spend analysis, category and supplier cost models and financial impact analysis from cost savings.
• Leading and facilitating supplier selection and highly complex contract negotiations, involving Legal, Finance, Risk and other stakeholder departments as necessary, to achieve favorable terms on quality, delivery and price, ensuring end-user needs are met and delivering substantial cost savings on a consistent basis.
This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
Qualifications
• 12 or more years of work experience with a Bachelor’s Degree or at least 10 years of work experience with an Advanced degree (e.g. Masters/MBA /JD/MD), or a minimum of 5 years of work experience with a PhD
Preferred Qualifications:
• 15 or more years of experience with a Bachelor’s Degree or 12 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, or MD), PhD with 9+ years of experience
• Bachelor’s degree required, advanced business or legal degree highly preferred.
• Minimum of 12 years of progressively responsible technology sourcing management experience.
• 5+ years of technology sourcing experience.
• Extensive experience in contract negotiations and drafting required.
• Excellent planning and organization skills and business judgment, including the ability to anticipate the impact of decisions/initiatives.
• Demonstrated project management skills with ability to drive consensus and influence leaders in cross regional and cross functional teams.
Additional Information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% 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.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 157,100.00 to 216,000.00 USD, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy apply