About this role
Pay range: USD $112,300.00 - $157,000.00 / Year
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 (Software, Hardware, Networks, Telecom, and Professional Services).
What you'll do:
The Sr. Sourcing Manager, Technology will play an important role within Corporate Vendor Management (CVM) managing various procurement projects that include the areas of negotiation, contracting, sourcing, and commodity management. This position will also analyze upcoming supplier opportunities for consolidation and co-termination of agreements. In this capacity this person will:
Manage multiple projects and with technology vendors in high volume work environment.Work with business and stakeholders to formulate negotiation plans to maximize value and savings.Negotiate complicated contracts such as Master Cloud Agreements with suppliers.Build and manage supplier category plans.Provide recommendations on all procurement-related issues, plans, reports, trainings and metrics.Work with internal stakeholders to determine risks and dependencies.Monitor project progress regularly to report project status to procurement management.Work with Finance, Legal, Risk and other subject matter experts within Schwab to ensure that that policies and procedures are followed. Please note: this position is Monday - Friday during standard business hours with a hybrid work model (4 days in office, 1 day working from home). It is only available in Westlake (Dallas), TX and Lone Tree, CO. Candidate must reside in or be willing to relocate on their own to one of the listed locations.
Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
What you have
To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
5+ 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 Experience negotiating complicated Technology Master Agreements and negotiating deals over $10MStrong research and analytical skillsUnderstanding of industry trends and market competitions to develop business improvement initiativesAbility to collaborate with cross-functional teams and support category management plans that maximize value and mitigate risks while ensuring internal stakeholders' requirements are metProven track record of building effective working relationships with senior level business partners and internal/ external stakeholdersSelf-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal directionStrong negotiation skills and understanding of contract law and risk requirementsFlexible and adaptable in handling/implementing change and understands how that change will impact the team, internal business partners and vendorsAbility to oversee multiple projects and work in a fast-paced environment with tight deadlinesAbility to apply change management and consulting skills/knowledge and expertiseStrong interpersonal, problem solving, conflict resolution, facilitation, and negotiation skillsExcellent verbal and written communication skillsProficiency in Excel Preferred Qualifications:
Experience with Ariba and or Zip is a plus What's in it for you
At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration-so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you - both today and in the future:
401(k) with company match and Employee stock purchase planPaid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positionsPaid parental leave and family building benefitsTuition reimbursementHealth, dental, and vision insurance