The posting
A leading global financial services organization operating through a centralized shared services model that supports multi-regional business operations. The company delivers insurance, asset management, and wealth solutions worldwide, with a strong focus on governance, operational excellence, and sustainable growth.
Role Overview:
The Sourcing Manager – Indirect Procurement is a strategic procurement leader responsible for shaping and executing category strategies across enterprise-wide indirect spend. This role drives commercial value, strengthens supplier governance, and ensures risk-managed, cost-effective sourcing solutions aligned with business priorities.
Operating within a global shared services environment, the role partners with senior stakeholders across Technology, Operations, Finance, HR, and Corporate Functions to deliver sustainable savings, optimize vendor performance, and elevate procurement maturity.
Responsibilities:
• Develop and execute multi-year sourcing strategies across key indirect categories (e.g., IT, professional services, facilities, marketing, BPO, and corporate services). • Conduct market intelligence and supplier benchmarking to inform sourcing decisions. • Identify cost optimization and value-creation opportunities beyond price reduction. • Lead complex sourcing initiatives, including RFP/RFQ design, commercial evaluations, negotiations, and contract execution. • Structure competitive events to maximize leverage, innovation, and service quality. • Deliver measurable savings, cost avoidance, and improved contractual terms. • Establish and manage vendor performance frameworks, including SLAs and KPIs. • Mitigate financial, operational, and compliance risks across the supply base. • Support contract lifecycle management and renewal strategies. • Act as a trusted advisor to business leaders on procurement strategy and commercial structuring. • Challenge demand specifications where necessary to drive efficiency and standardization. • Collaborate cross-functionally with Legal, Risk, and Finance to ensure governance compliance. • Strengthen procurement governance, policies, and internal controls. • Drive continuous improvement and digital enablement within sourcing operations. • Promote ethical sourcing and regulatory compliance standards.
Qualifications:
• Bachelor’s degree in Business, Supply Chain, Finance, or related discipline. • 7–10+ years of experience in strategic sourcing or indirect procurement within a multinational environment. • Proven success leading high-value negotiations and enterprise-level sourcing projects. • Strong commercial and financial acumen with experience managing multi-year contracts. • Familiarity with procurement platforms (e.g., SAP Ariba, Coupa, Oracle) preferred.



