Sourcing & Procurement Head (Financial Services)

We are looking for an experienced Sourcing professional to lead and execute strategic sourcing initiatives, oversee supplier onboarding and compliance, manage contractual agreements, and develop sourcing strategies across global business hubs in the United States and the Philippines.

The successful candidate will partner with business leaders, legal teams, and sourcing stakeholders to mitigate supplier risks, drive cost savings, optimize procurement processes, and ensure alignment with business objectives and regulatory requirements.

Key Responsibilities

• Partner with business owners and sourcing leaders to develop and execute sourcing plans aligned with business needs, cost targets, and market conditions.
• Leverage knowledge of US and Philippine supply markets, suppliers, products, services, and local compliance requirements.
• Drive sourcing initiatives focused on cost optimization, productivity improvements, supplier rationalization, and value creation.
• Collaborate with Legal and business stakeholders to review, negotiate, and modify contractual terms and conditions.
• Ensure supplier compliance with regulatory, reputational, and risk management requirements throughout the sourcing lifecycle.
• Lead and support Requests for Information (RFIs), Requests for Proposals (RFPs), market research, supplier qualification, and competitive analysis.
• Utilize Source-to-Pay systems and e-auction tools to enhance competition and achieve cost reductions.
• Develop and implement sourcing strategies across various categories, including Technology, Marketing, Contingent Labor, and Facilities.
• Collaborate with Supplier Management teams and business units to ensure alignment with organizational strategies, goals, and objectives.
• Monitor sourcing projects, track progress, and report performance against cycle-time metrics and established targets.
• Prepare presentations, reports, and analytical materials using Microsoft PowerPoint and Excel for senior and executive management.
• Identify process improvement opportunities and support the implementation of sourcing operational plans.
• Maintain and update purchasing-related standard operating procedures (SOPs).
• Manage multiple initiatives across teams and platforms while supporting global business operations and working hours.

Qualifications and Requirements

• Bachelor's degree in a relevant field.
• At least 8 years of experience in Sourcing, including category strategy, contract negotiations, supply chain management, supplier management, and/or logistics.
• Minimum of 8 years of experience in financial services or insurance-related functions, such as Supplier Risk Management, Operations, Customer Service, or Collections.
• Proven track record of executing sourcing initiatives and delivering measurable business value.
• Experience with Source-to-Pay platforms such as Coupa, SAP Ariba, Oracle, or equivalent systems.
• Mandatory experience working with US stakeholders and US suppliers.
• Willingness to work a shift aligned with US business hours, including weekends and holidays when required.
• Ability to work effectively in a global, fast-paced environment and adapt to changing business priorities.

Preferred Qualifications

• Experience in the financial services, banking, or manufacturing industries.
• Experience preparing executive-level reports and presenting business insights to senior leadership.
• Exposure to Facilities and Securities sourcing categories.
• Strong project management, facilitation, and presentation skills.
• Excellent quantitative, analytical, and problem-solving abilities.
• Strong written and verbal communication skills, with the ability to engage stakeholders at all organizational levels.
• Demonstrated ability to manage complex initiatives involving multiple teams and platforms.
• Ability to work independently, prioritize competing demands, and deliver results with minimal supervision.
• Proficiency in Microsoft Office applications, particularly Excel, PowerPoint, Word, and Outlook.

Benefits:

• Company car
• Company Christmas gift
• Company events
• Free parking
• Health insurance
• Life insurance
• Opportunities for promotion
• Paid training

Work Location: In person