Director, Procurement Sourcing
Raymond James Financial, Inc.
**Job Description**
**Responsibilities:**
+ Management and development of Sourcing and Supplier Relationship strategies for Non-IT related categories such as Travel, Professional Services, Corporate Realty, Marketing, Facilities and Print; as well as IT-related categories such as Hardware, Software.
+ Leads, assigns and evaluates the work of others to include performance management. Further adhering to the culture of the firm, coaches and mentors subordinates, identifies training needs and recommends development programs
+ Leads and develops a high-performing team, fostering a culture of collaboration and continuous improvement
+ Identifies, develops, and manages strategic business relationships gaining a comprehensive understanding of business requirements by working closely with stakeholders and team members to develop strategies/plans through execution.
+ Facilitates joint meetings with internal business clients to assist in Procurement forecasting, demand management, requirements development, supplier selection, and identification of possible purchasing channels and sources
+ Promotes procurement best practices across the organization to enhance value delivery
+ Leads cross-functional teams through gathering requirements, category strategy development, strategic sourcing, and supplier negotiation, contracting and onboarding processes.
+ Manages governance and control programs with respect to Non-IT related categories to ensure business supply continuity, protect company assets, and comply with corporate and regulatory policies and contractual compliance
+ Conducts periodic performance reviews with management of key suppliers and business stakeholders across the firm based on an understanding of the Total Cost of Ownership over the lifecycle of both products and services
+ Develops and executes communication plans with the Business Units and functional areas to drive adoption of P2P procedures and system utilization for managed categories.
+ Identifies opportunities for Catalog and Punch-out development, adoption, and management across categories
+ Ensures compliance to Raymond James and Procurement policies, procedures, and processes
+ Maintains appropriate technical and industry knowledge for Procurement.
+ Analyze market trends, industry benchmarks, and regulatory changes to optimize procurement decisions
+ Performs all other duties as assigned
**Knowledge of:**
+ Strategic Sourcing and Strategies
+ Sourcing, negotiation, and contracting best practices
+ Procurement processes, policies, governance, and compliance mechanisms within the Financial Services regulated framework
+ End to end P2P and procurement processes, controls, and technologies, including eSourcing tools
+ Change management
+ Project Management methodology
+ Financial markets, their required products and services, and corresponding regulations
+ Leadership best practices to include coaching and performance management
**Skill in**
+ Provide leadership, directions, and influence for internal and external stakeholders inclusive of the value of center-led Procurement strategies
+ Motivating, mentoring and leading others
+ Thinking critically and structuring analysis to solve poorly defined problems
+ Establishing personal credibility
+ Interpreting and applying policies and procedures
+ Establishing departmental and/or category(s) objectives
+ Identifying trends and implementing appropriate corrective action
+ Familiarity with financial regulations impacting procurement, including third-party risk management requirements
**Ability to**
+ Benchmark current state and develop plans for leading effective Procurement engagement
+ Represent organizational business needs to a diverse supply base
+ Work and drive change in complex team, growth and entrepreneurial environments
+ Interface, influence, articulate, and present at the highest corporate levels inside and outside of the company
+ Comprehend the big picture and communicate a clear visionary business plan
+ Convert complex ideas into real executable action steps with a focus on results
+ Work independently or lead team(s)
+ Communicate effectively, both orally and in writing, with all organizational levels, including executive management
+ Lead meetings and contribute to team efforts by ensuring all relevant information is included in the outcomes
+ Identify training needs and develop subordinates
+ Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment with frequent interruptions
+ Solicit and respond to customer feedback
**Education**
Bachelor’s: Business Administration
**Work Experience**
General Experience – 10 to 15 years
**Certifications**
Certified Professional in Supply Management (CPSM) - Institute for Supply Management (ISM)
**Travel**
Less than 25%
**Workstyle**
Hybrid
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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