Description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

The Senior Sourcing Category Manager - Software, will be a senior member of the Technology Sourcing team within Northern's Global Procurement function. Responsible for procurement of IT Software, this role will play a critical role in the development and execution of sourcing strategies to support Northern's strategic sourcing goals.

Major Duties

• Responsible for development and execution of sourcing strategies to procure and/or renew Technology products and services.
• Identify potential suppliers and negotiate to ensure that cost optimization and quality goals are met within business timelines.
• Establish and maintain relationship with key partners, education on policy/guidelines and resolve related purchasing issues.
• Responsible for contract review, including review of NDAs, Master Agreements, SaaS Agreements, Statements of Work, Order Forms, etc. and lead all aspects of contract & price negotiations and ongoing contract administration.
• Responsible for maintenance of procurement processes and procedures.
• Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
• Manages and supports regulatory and compliance requirements.
• Manages reporting of Procurement performance metrics.
• Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities.
• Utilize and maintain Contract Management System Coupa, including loading of final agreements.
• Serves as technical expert with in-depth knowledge in area of procurement and supply chain management.

Knowledge :In depth knowledge of supply chain management and procurement. Demonstrated experience in sourcing for IT, preferably software. Strong analytical, sourcing, negotiation, and communication skills. Technically adept with procurement software; proficient in MS Office Suites with advanced Excel skills. Demonstrated success in time management; superior project management skills, attention to detail; thorough and organized. Strong stakeholder management skills.

Experience :Bachelor's degree in business, Supply Chain Management or Finance and eight or more years' experience in Sourcing or Procurement related field or an equivalent combination of education and work experience. MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus.

Salary Range:
$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.