Senior Category Manager Contingent Labor

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Major Duties :

Develops best-in-class procurement and category management practices enterprise-wide including: effective sourcing and overall procurement strategies; processes and infrastructure to effectively manage procurement activities across all spending categories; sustainable purchasing methods delegating tactical and administrative tasks as appropriate.
Works with Category Managers to establish and communicate category strategy and provide updates on adherence to strategy
Mentors Category Managers on the approach and resources to educate themselves in their industry and expand their knowledge base
Develops implements and communicates an overall strategy to meet both the Business Units and Corporations strategic plan
Establishes periodic strategic reviews with executive leadership to promote top down alignment and best practices with clients
Leads and manages sourcing events (e.g. Request for Proposal Request for Information Request for Quote Renewals New Product negotiations) and the sourcing process including project management development of RFx negotiations and award process.
Responsible for contract review drafting and creation of various agreements including NDAs Master Agreements Statements of Work etc. and leading all aspects of contract & price negotiations and ongoing contract administration.
Responsible for adherence to procurement processes and procedures.
Supports supplier adherence to contracts manages suppliers via supplier activity reporting and business/performance reviews supports supplier scorecards supplier rationalization and demand management opportunities.
Supports regulatory and compliance requirements (e.g. OFAC FCPA Spend Analysis Client Relationships).
Manages reporting of Procurement performance metrics and provides ongoing support for internal and external audit requests
Establishes and maintains relationships with key partners education on policy/guidelines and resolving related purchasing issues.
Utilizes Contract Management System for systematic organization and classification of contracts.
Interacts with business and Partners to formulate and implement strategy and solutions to enhance existing services create new services or improve processes. Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the solution.

Knowledge :

Requires specialized depth and/or breadth of expertise in Strategy Sourcing and Category Management best practices
Interprets internal/external business challenges and recommends best practices to improve products processes or services

An experienced Procurement Consultant to provide end-to-end category management strategic sourcing and procurement of contingent labor and outsourced/technology services on a global scale under general supervision (but will work independently most of the time).
Communicates difficult concepts and negotiates with others to adopt a different point of view
Ability to act as a catalyst for change and improvement

Experience :

Masters Degree in Business Supply Chain Management or Finance is preferred.
Fifteen 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.
Excellent verbal and written communication skills are required along with ability to be highly flexible strategic collaborative and adaptable to change
Excellent understanding of procurement philosophies and strategies along with in-depth knowledge of supply chain management and procurement
Leadership mentorship and organizational skills are required to develop objectives and goals
Proficiency in MS Office Suites with advanced Excel skills. Experience with ERP systems/PeopleSoft

Salary Range:

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .

We hope youre 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.