Principal Enterprise Supplier Management

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors : We Play to Win, We Get Better Every Day & We Succeed Together.

And we mean it we want you to grow and make a difference at one of the world's leading digital banking and payments companies.

We value what makes you unique so that you have an opportunity to shine.

Remember to check your CV before applying Also, ensure you read through all the requirements related to this role.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description :

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

Responsible for developing cohesive vendor relationships that improve vendor costs, risks, and performance metrics across the organization.

Oversees key vendor relationships to ensure consistent delivery of best-in-class services. Leverages supplier capabilities for all procurement categories, while delivering on cost reduction targets and maintaining the quality of vendor performance.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

What You’ll Do

Ensures compliance with regulatory requirements. Monitors supplier positions within the marketplace to mitigate risks. Reduces supply risk exposure through the identification of new suppliers.

Manages Preferred Vendor transactions including : assisting engagement owners and managers with Inherent Risk Assessment questionnaires, the remediation of issues, vendor scorecards, the facilitation of periodic risk reviews by subject matter experts, and the deactivation and termination of completed engagements.

Partners with TPRM on risk assessments and scorecards.

Oversees key vendor relationships to centralize and consistently deliver best-in-class services. Collaborates with internal stakeholders to improve relationships.

Executes business unit and procurement alignment strategies. Shares demand forecasts to support optimal vendor performance.

Identifies vendor performance gaps and drives the completion of improvement activities or vendor action plans. Develops, maintains, and generates vendor performance reports for management.

Reviews historical data to analyze, draw conclusions, and make recommendations that address and / or capitalize on trends.

Identifies volatile commodity prices and alerts business leaders. Partners with management to identify and maximize opportunities to use information, technology, and reporting to improve performance and business processes.

Develops and conducts tactical and reporting strategies to support vendor placement goals including : financial, quality, production, customer service, and operational efficiency.

Analyzes vendor activities and trends. Compares vendor performance against standards and best practices. Identifies strategic opportunities and provides recommendations to management.

Partners with team members on vendor negotiations. Delivers on cost reduction targets while balancing and maintaining the quality of vendor performance.

Qualifications You’ll Need

The Basics

Bachelor’s Degree in Business Administration and Management, Arts or related field

6+ years of experience in Sourcing or related experience

Preferred

Master’s Degree in Business, Arts or related field

8+ years of experience in Sourcing or related experience

Project Management

Lean Six Sigma

Application Deadline : The application window for this position is anticipated to close on Sep-09-2024. We encourage you to apply as soon as possible.

The posting may be available past this date, but it is not guaranteed.

Compensation : The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package.

Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits :

We also offer a range of benefits and programs based on eligibility. These benefits include :

Paid Parental Leave

Paid Time Off

401(k) Plan

Medical, Dental, Vision, & Health Savings Account

STD, Life, LTD and AD&D

Recognition Program

Education Assistance

Commuter Benefits

Family Support Programs

Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status.

Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations.

If you require a reasonable accommodation to search for a position, to complete an application, and / or to participate in an interview, please email HireAccommodation@discover.

com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

What are you waiting for? Apply today!

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