Non-IT Sourcing Lead

About the position

The Non-IT Sourcing Lead at the Federal Reserve Bank of New York plays a crucial role in managing a portfolio of spend categories including Real Estate, Cash Services, and Business Services. This position involves developing and improving sourcing strategies to maximize value and minimize risk for the Bank, while collaborating with various stakeholders to ensure effective procurement processes. The role emphasizes strategic sourcing lifecycle management, vendor evaluation, and contract negotiation, all aimed at supporting the Bank's mission and objectives.

Responsibilities
? Manage a portfolio of Real Estate, Cash Services, and Business Services spend categories.
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? Develop and improve sourcing strategies that maximize value and minimize risk.
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? Manage the strategic sourcing lifecycle for acquisitions, including defining scope and requirements.
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? Conduct competitive bidding processes and lead vendor evaluation and negotiation of pricing and contract terms.
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? Create sourcing insights based on analysis of vendor spend, renewal and contract information, and market research.
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? Advance client engagement efforts Bank wide and build strong relationships across multiple organizations.
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? Support advancement of Bank supplier diversity initiatives.
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? Adopt new procurement technology across spend analysis, sourcing and contracts, and supplier risk modules.
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? Drive category-specific planning efforts for facilities services, engineering, construction, food services, travel, and professional services.

Requirements
? Strong experience in real estate and business services strategic sourcing and contracting.
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? Expertise in spend analysis, market analysis, RFx evaluation, and contract negotiation.
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? Experience leading projects and process improvement, ensuring compliance with Bank policies.
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? Bachelor's degree in business, finance, supply chain management, or related field.

Nice-to-haves

Benefits
? Fully paid Pension plan and 401k with Generous Match
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? Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
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? Subsidized Public Transportation Program
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? Tuition Assistance Program
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? Onsite Fitness & Wellness Center

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