Associate Director - Technology Procurement
OneMain Financial · Irving, TX · 2 wk ago
Information TechnologyFull-time
About the role
The Associate Director of Procurement at OneMain oversees the end-to-end sourcing process within the Technology category. This role involves developing and executing category strategies that optimize cost, quality, and supplier performance while aligning with the company’s overall business objectives. The Associate Director will lead large-scale procurement initiatives, negotiate favorable terms with suppliers, and collaborate with internal stakeholders and external suppliers to drive category performance improvements.
Responsibilities
- Develop and implement category strategies that align with company goals and drive value, cost savings, quality improvements, and innovation.
- Conduct thorough market analysis to understand industry trends, supplier capabilities, and the competitive landscape within the category.
- Lead competitive sourcing events, including RFIs, RFPs, RFQs, supplier evaluations, and negotiations.
- Identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships to ensure alignment with category strategy.
- Lead the end-to-end sourcing process for modern cloud services and supplier relationships (SaaS, PaaS, IaaS), including RFP preparation, supplier selection, and contract negotiations.
- Manage the full contract lifecycle, including contract negotiations, renewals, amendments, and compliance with contractual obligations.
- Serve as the primary procurement advisor and strategic business partner for business units, fostering strong stakeholder relationships and promoting early procurement engagement.
- Monitor and manage supplier performance, ensuring suppliers meet quality, cost, and delivery requirements; resolve supplier performance issues and develop corrective action plans.
- Develop and maintain strong relationships with key suppliers to ensure long-term partnership and continuous improvement.
- Deliver measurable cost savings, cost avoidance, and value creation initiatives while increasing spend under management and supporting financial objectives.
- Collaborate with Legal, Finance, Accounts Payable, Technology, and internal stakeholders to ensure effective execution of procurement strategies and contracts.
Requirements
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; a master’s degree is preferred.
- 6+ years of experience in Procurement, category management, or strategic sourcing, with a proven track record of success.
- Deep expertise in RFP drafting and completing all necessary sourcing reviews, including vetting for security, data, and compliance safeguards.
- Experience with Cloud Hyperscaler and demonstrated ability to drive optimal savings through new contractual relationships.
- Proven negotiation skills with experience in managing high-value contracts and supplier relationships.
- Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
- Expertise in helping teams identify redundant or overlapping functionality among SaaS products and preventing multi-sourced spending.
- Experience managing supplier relationships and collaborating with cross-functional stakeholders.
- Strong analytical and project management skills, with the ability to analyze complex data, manage multiple priorities, and develop actionable insights to meet deadlines in a fast-paced environment.
- Proficiency in Procurement software and tools; experience with platforms like Coupa, Oracle, and SAP is preferred.
- High level of integrity and professionalism, with a commitment to ethical Procurement practices.
Schedule
Required hybrid work schedule: Tuesdays, Wednesdays, and Thursdays in the office (Irving, TX).
Benefits
- Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances.
- Up to 4% matching 401(k).
- Employee Stock Purchase Plan (10% share discount).
- Tuition reimbursement.
- Paid time off (15 days’ vacation per year, plus 4 personal days, prorated based on start date).
- Paid sick leave as determined by state or local ordinance, prorated based on start date.
- Paid holidays (7 days per year, based on start date).
- Paid volunteer time (3 days per year, prorated based on start date).