Sourcing & Procurement: Strategic Initiatives - Vice President

Role Description

SMBC America’s Sourcing & Procurement department, as a part of the Finance organization, is undergoing an exciting transformation, and the Vice President (VP), Strategic Initiatives will be a key member responsible for supporting end-to-end delivery of strategic Sourcing and Procurement initiatives. The individual in this role will spend approximately 60-70% of their time on project management for key projects, including planning, requirements building, functional and technical team support and coordination, status reporting, and contributing to change management and training efforts. This VP is an individual contributor role reporting into the Director, Strategy & Governance, and will be a critical member of the  team. This role is based in Harborside. 

Additional  responsibilities will include development of team processes and procedures documentation, leading team-wide administrative and organizational projects, and support for priorities within Sourcing & Procurement’s Project Management Office (PMO) function.

A successful candidate for this role will have excellent communication, analytical, and project management skills. He or she must have the flexibility to respond to dynamic priorities, the ability to work independently, and the ability to collaborate across functions and corporate levels.

Role Objectives

Key objective will include, but not be limited to, the following:

• Lead project management and execution for key Sourcing & Procurement transformational initiatives

  • Delivering a range of ongoing Project status reporting within the Bank, leveraging standardized templates and communication channels.

  • Lead various Requirements gathering, prioritization, and project planning sessions with key stakeholders

  • Manage portfolio of ongoing Sourcing and Procurement Projects, leading change management and measure impacts vs targets

• Work with key business stakeholders, technology teams, and other  partners to identify improvement and efficiency opportunities, gather requirements, assess current state and future state processes, perform gap analyses, and thoroughly document business requirements 

• Ensure appropriate planning, training, and stakeholder engagement to facilitate effective adoption of new processes, procedures, operational tools, and/or technology while driving continuous improvement

• Prepare strategic business analyses, including preparing presentations and reporting materials for senior management

• Support other Sourcing & Procurement priorities, as needed

Qualifications and Skills

• 7-10 years of proven strategic project planning management and execution experience delivering streamlined solutions within a Procurement team

• Experience enabling improving and supporting operational processes and transformational initiatives

• Sourcing /Procurement knowledge and experience required exposure to procurement technology platforms Coupa Ariba etc preferred

• Exposure to various Project Management or project intake ticketing systems preferred

• Experience working closely with internal technology support teams and managing external consultants on solution delivery

• Banking/Finance industry experience preferred  management consulting strategic planning corporate planning startup or similar experience a plus  

• Self-starter who demonstrates initiative and the ability to learn quickly to work independently to complete tasks 

• Highly results-oriented with a record of successful accomplishments 

• Excellent verbal and written communication skills experience cross collaborating and building trust across the organization strong relationship management collaboration and influencing skills 

• Ability to successfully work on multiple tasks simultaneously while interacting professionally with a diverse group of executives managers and subject matter experts 

• Fluency working with Microsoft Office applications Excel PowerPoint Word