Director Market Data Sourcing
Director Market Data Sourcing
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$ 150000 - 162000
1 Vacancy
Job Description
Get to know the business
Our Global Sourcing & Procurement Services (GS&PS) colleagues manage all AIG third party spend ensuring maximized productivity and quality. Our global team includes Category Strategy Negotiations and Transformation Operations Productivity Environmental Sustainability Supplier Diversity Analytics Tools and Program Governance. GS&PS is committed to providing value to our stakeholders through building trust providing a bestinclass procurement experience maximizing profit minimizing risk and enabling sustainable growth for AIG.
About the role
Reporting to the Vice President of Global Sourcing (Indirect) the Director of Market Data Sourcing is responsible for gathering and analyzing information about the market key suppliers and industry trends to develop our global strategies for this category that support our sourcing decisions contract negotiations and procurement processes. This role will partner and collaborate with AIGs strategic suppliers and senior leaders across business functions IT Finance and Operations to ensure overall alignment and robust governance of strategic initiatives.
Responsibilities
Own all aspects of complex strategic sourcing processes and relationships for the Market Data category
Lead a team of sourcing professionals to develop robust strategies for key suppliers focused on cost reduction supplier accountability and partnership
Drive the Market Data forum to manage the Demand for key suppliers and to better anticipate future demand and aggregate spend for buying efficiency and consolidated negotiations
Plan and execute large complex RFPs and facilitating stakeholder inputs and involvement and following a robust source board process for key deals
Effectively interface with all levels of within the firm and ensure sourcing processes are completed in a manner that is consistent with AIGs acquisition policy
Develop and execute a global strategy and framework to partner / evolve relationships with strategic suppliers
Integrate SRM program objectives across GS&PS business stakeholders and global functions including Finance Legal Risk Compliance Audit HR and Insurance groups
Identify and Assess compliance risks and innovative opportunities through business reviews
Execute program initiatives including effective routines to mitigate risks and drive results robust reporting cadences and change management practices
Leverage supplier performance to address potential issues and operational risks ensuring alignment of suppliers with AIGs evolving business goals
Lead key activities including the coordination and development of Supplier Quarterly Business Reviews Satisfaction Surveys Segmentation and Symposiums
Partner with business stakeholders to measure suppliers contribution service levels breaches and document / monitor plans to remedy and improve performance
Perform supplier audits to actively review and measure policy / contract compliance
Research and identify suppliers based on experience in the market within the Market Data category space to adapt to objectives or to streamline costs
Provide strategic leadership with respect to the development alignment and of SRM objectives to drive change and deliver on transformation gaining competitive advantage and added value to both parties
Prepare Executive Briefings construct and deliver presentations tailored to targeted audiences including the Executive Leadership team
Provide leadership in a manner that contributes to a culture built on principles of innovation collaboration client focus continuous improvement and empowerment
Drive market analysis peer to peer industry benchmarking and networking to ensure best in class practices
Provide support as needed across the global GS&PS team
Requirements
BA/BS in Supply Chain Management/Business/Finance or related field required
10 years of extensive industry experience and working knowledge of the Market Data category/supply base
Effective risk and control stakeholder management
Strong understanding of cost risk and service parameters
Experience managing performance of large/strategic thirdparty suppliers
Crossfunctional leadership in an environment of change with a focus on innovation collaboration client focus continuous improvement and empowerment
Resultsoriented Strong Collaborative Skills Positive Attitude High Energy
Comfort/familiarity with constructing presentations organization communications and business cases
Strong ability to build relationships and networks with multiple functions and at all levels within the organization
Data driven with strong influencing skills and proven track record aligning stakeholders and team members to project outcomes delivering value
Change leadership business acumen and strategic thinking in a highly matrixed complex organization
Demonstrated ability in building managing and leading global inperson and virtual teams
Serve as a role model by demonstrating a commitment to AIGs values high performance standards workplace diversity and driving results
For positions based in NYC the base salary range is $150000 $162000. In addition the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Were proud to offer a range of competitive benefits a summary of which can be viewed here: AIG Benefits Overview
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At AIG we value inperson collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most farreaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver everbetter solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race color religion age gender gender expression national origin veteran status disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .
Functional Area:
Required Experience:
Director
Employment Type
Full-Time
