Indirect Sourcing Specialist, Negotiator

Join Voya

Together we fight for everyone's opportunity for a better financial future. We will do this together with customers, partners and colleagues. We will fight for others, not against : We will stand up for and champion everyone's access to opportunities. The status quo is not good enough we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with and those we acquire throughout our lives are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage Apply Now

Position Summary

Leads cross-functional teams to develop and implement Voya sourcing strategies for complex indirect purchases / contracts in order to minimize risk and maximize value in the acquisition of goods and services. Perform spend analysis, market and vendor analysis, and supplier selection activities. Create and clearly articulate category and initiative specific negotiation strategies, managing contract drafting and leading contract negotiations of terms and conditions and pricing. Lead other activities to drive cost savings include but not limited to : demand management initiatives, vendor rationalization programs. Provide thought leadership and procurement subject matter expertise to partners across the business. Develop strong, value added relationships with business partners in order to establish Sourcing as a trusted strategic advisor.

Position Description

Recommend and implement category specific sourcing methodologies and processes to achieve Voya's enterprise objectives and specific business unit's strategic plans. Drive action across functional organizations and across business units to affect policies, practices, processes and procedures having an impact on revenue and profitability.

Provide guidance for procurement and contract activities for assigned categories.

Create sourcing strategies that support the strategic goals of customers and Voya as a whole.

Lead the implementation / execution of proposals (RFX), strategies, initiatives, contracts / programs for complex, high-risk transactions. Understand spend analytics required to support the strategic objectives.

Negotiate terms and conditions and pricing for purchases. Draft, redline and negotiate contract documents including but not limited to master agreements, license agreements, Statements of Work, Order Forms, NDAs, etc.

Act as a resource to organization and senior management across multiple functions, divisions and geographic locations.

Interact with internal / external third parties at all levels of management to support resolution of complex business issues requiring a balance of assertiveness, tact, business acumen and diplomacy.

Achieve annual savings targets and other performance metrics as assigned.

Other duties as assigned.

Minimum Knowledge & Experience

Bachelor's degree or equivalent required. Advanced degree preferred.

Minimum 4 years extensive, broad-based experience in contracting and strategic procurement of high complexity categories and / or projects. Acts with a sense of urgency with ability to simultaneously lead multiple complex initiatives while consistently meeting timelines and milestones.

Previous strategic sourcing experience for assigned categories is highly desired.

Comprehensive knowledge of business principles such as purchasing, consulting services, business and contract law, licensing, intellectual property, financing and accounting.

Ability to read and interpret contracts. Ability to draft contract language / documents including, for example, Statements of Work, Service Level Agreements, etc.

Strong technology skills i.e. PC, internet / intranet, e-procurement; advanced Excel and PowerPoint skills required.

This individual must be able to effectively negotiate pricing, legal, business terms and conditions with suppliers, financing institutions, consultants and service companies primarily on a domestic basis. By virtue of breadth and / or depth of experience, is recognized as a key technical advisor highly capable of translating business objectives into finite project management plans with clearly defined roles, responsibilities, and completion targets. Demonstrates knowledge of cost and price analysis techniques, proposal / contracting skills, project management, business management and strategic category management techniques.

Strong interpersonal, oral and written communication skills are required. Strong team building skills are essential.

Compensation Pay Disclosure : Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and / or long-term incentives) based on the role to reward the achievement of annual performance objectives. Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and / or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. $84,930 - $141,560 USD

Be Well. Stay Well. Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind : To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan with generous company matching contributions (up to 6%)
• Voya Retirement Plan employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250 / year
• Paid time off including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time 40 hours per calendar year

Critical Skills

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law. Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.