Grow your career at State Street

From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. We’re a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have – on our clients, our communities and each other.

We’re committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.

Job Responsibilities:

• Support the growth of the a Best-in-Class SRM program at State Street;
• Establish relationships with key strategic suppliers including data review and analysis, performance management and development, and improvement of the end-to-end value and bring innovation to State Street;
• Be accountable for the full profile (spend, performance, governance) of assigned strategic suppliers;
• Schedule and conduct regular business reviews (e.g. QBRs), leading discussions from State Street’s side, and working with business units to present a unified message to the supplier;
• Build supplier profile presentations (slide decks, working documents, executive presentations);
• Manage supplier disruptions, including performance problems (SLA/KPI underperformance), using superior negotiation skills – working directly with the supplier’s leadership team;
• Contracting knowledge – understanding of core contract elements and how they relate to supplier management;
• Formulate supplier enablement strategies based on internal demand and strategy; deliver on goals relating to supplier performance, value, and savings;
• Develop supplier communication materials to promote capabilities internally and drive supplier consolidation (rationalization) plans and economies of scale;
• Mitigate risk by routinely evaluating supplier performance and risk factors; develop mitigation plans;
• Gathering and addressing supplier feedback;
• Support supplier segmentation analysis (tiering), collaborating with category sourcing teams and business units to validate supplier rankings.

Qualifications:

• Proven track of records in managing suppliers;
• Experience managing large strategic suppliers;
• Sourcing Experience with 1 or more of the following categories: Information Technology, Professional Services (Consulting, Legal, Audit, and/or BPO);
• Broad understanding of business operating and practices, and how procurement supports corporate goals;
• Supplier negotiation experience with understanding of standard procurement contract elements;
• Strong communication and interpersonal skills, proven ability to work independently and within a team;
• Demonstrated ability to develop strong business relationships; excellent stakeholder management skills;
• Strong analytic skills; able to think creatively and pull together information from multiple sources to generate a complete view and communicate it;
• Ability to work well under tight deadlines in a fast-paced, team-oriented environment; ability to priority demands;
• Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment;
• Technically proficient on standard business applications and able to learn new technologies as they relate to this role.

We offer:

• Employee savings plan;
• Premium life insurance package;
• VIP medical package;
• International operating environment;
• Language classes;
• Soft skills trainings;
• Technical workshops;
• Development sessions with a mentor;
• Diversity of opportunities across a range of challenging and highly complex activities;
• Technical or leadership career pathway.