Senior Sourcing Manager - Technology

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

Corporate Vendor Management (CVM) at Charles Schwab & Co. is responsible for implementing a firm-wide, end-to-end vendor relationship management process to maximize vendor performance and value. CVM identifies, mitigates, monitors, and manages vendor risk; and assists Schwab in meeting regulatory and compliance requirements.  The CVM organization also provides category management and demonstrates strategic sourcing capabilities in the Technology space (Hardware, Software, Telecom and Networks).

What you have

• 7+ years of experience in the procurement of Technology (Hardware, Software, Telecom and Networks) category management, strategic sourcing, consulting, vendor management, risk management and/or procurement (required)
• The ability to lead cross-functional teams and build category management plans that maximize value and mitigate risks while ensuring internal stakeholders’ requirements are met
• Proven track record of building effective working relationships with senior level business partners and internal/ external stakeholders
• Self-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction
• Strong negotiation skills and understanding of contract law and risk requirements
• Expertise in sourcing policy, procedures and processes
• Flexible and adaptable in handling/implementing change and understands how that change will impact the team, internal Business Partners and vendors
• Ability to oversee multiple projects and work in a fast-paced environment with tight deadlines
• Ability to apply change management and consulting skills/knowledge and expertise

What you'll do:

The Sr. Manager, Technology (Hardware, Software, Telecom, and Networks), will play an essential role within Corporate Vendor Management (CVM) by providing business partners with category management leadership, planning and expertise. 

This position will be responsible for fostering strong relationships with senior Schwab stakeholders; developing, maintaining and executing Technology category plans; managing all aspects of the strategic sourcing lifecycle; as well as collaborating with risk groups and legal, as required, on vendor engagements.   The Sr. Manager will also ensure that industry-leading procurement services tools are utilized to support growth relationships for our suppliers and business partners. 

The Sr. Manager will lead the review, analysis, and negotiation of strategic technology projects, identify competitive vendors or other alternatives to generate leverage and drive favorable pricing and terms and conditions.

• Gather business and technical requirements and produce necessary documentation in support of RFx events.  Develop internal presentations and business cases to support management approvals of multi-year vendor agreements.  Additionally develop, review, and manage any ad hoc documents requiring special circumstances and legal reviews.
• Provide economic analysis of vendor proposals and various internal management inquiries for existing or potential vendor expenditures.  Identify and document both internal and external risks associated with technology purchase transactions.
• Work with internal stakeholders to determine risks and dependencies.
•  Work with Finance, Legal, Risk and other subject matter experts within Schwab to ensure that that policies and procedures and followed and met.

In addition to the salary range, this position is also eligible for bonus or incentive opportunities