Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups.
Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve.
We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility.
This means investing in talent, technologies, and tools that empower you to own your career.Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.
A member of our recruitment team will provide more details.Job Summary:The Strategic Sourcing Specialist (AVP) is responsible for the successful execution of sourcing and/or category strategies to drive greater efficiency, value, and quality across the organization.
In support of this work, this position will be responsible for building sustained value-based relationships with stakeholders and vendors, negotiating commercial contract terms and conditions (including pricing), gathering market data (including benchmarking), facilitating the execution of strategies implemented by sourcing leadership.
The primary objective of this position is to efficiently negotiate savings and mitigate risk while maintaining accountability of work product throughout sourcing contract life cycle.Major Responsibilities:High focus on accountability for assigned projectsParticipate in the end-to-end sourcing process and help facilitate analysis and collaboration of a cross-functional team, leveraging market/industry insights to assist in making strategic recommendationsExecute on negotiation strategies & assist in negotiations where needed for moderately complex contracts and vendor relationshipsSupport and assist development of negotiation strategies & lead negotiations for moderate complexity contracts, including catalogue, punchout, and other automation initiativesBuild and maintain value-measured relationships with key stakeholders to drive sustained results while ensuring strategies remain in alignment with business goalsUnderstand business partner's objectives and business drivers and integrate into the commodity/category/vendor strategy with input from key stakeholders and sourcing leadershipProvide information and data where necessary that helps facilitate business reviews with key vendors and stakeholdersEnsure compliance with contract deliverablesMarket Research & Analysis Participate in gathering "market intelligence" by performing high level analysis, understanding macro market drivers, and cost structures across the category, commodity, or vendorEducation, Licensure, Year of Experience (and type of work experience):•Bachelor's Degree and typically 5-7 years sourcing/procurement experienceKnowledge, Skills, Abilities:Understanding of indirect sourcing and contracts experienceExperience working with and negotiating with vendorsExperience in managing competitive and single source RFX Experience in reporting, analytics and/or aggregation of reporting in supply chainStrong analytical and financial skillsProficiency in Microsoft Word, Power Point, Project and ExcelExperience in SAP Ariba (or other similar procurement system)Excellent written, verbal and presentation skillsStrong teamwork and collaboration skillsAbility to work with and learn from strategic sourcing managers and strategic sourcing leadership for further coaching and development of procurement/sourcing skillsThe typical base pay range for this role is between $80K - $117K depending on job-related knowledge, skills, experience and location.
This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation.
Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.
For more information on our Total Rewards package, please click the link below.MUFG Benefits SummaryWe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA).
The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed.
They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business.
We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.