About the role
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Director , Sourcing & Supplier ManagementOverview• Manages the full scope of Mastercard’s supply chain to effectively meet its business needs while mitigating risk.
• This includes the development and execution of global sourcing strategies, assessing and managing supplier risk, providing payment solutions, and growing supplier diversity.
Responsibilities
• Manages the supply base across designated category, business unit, market, and/or regions to reduce cost and maximize value
• Provides expertise on market conditions, industry trends, category/product knowledge and emerging supply options
• Partners across the Sourcing and Third Party Risk Management functions as well as all business and finance functions to understand historical spend data, future demands, obligations, business needs and consequently develops sourcing strategy and implementation plans for the regions
• Strengthens relationships with key suppliers and stakeholders
• Progress and administer procure-to-pay policies through trainings and providing transparency through communications and reporting.
• Contributing to the strategic sourcing process by analyzing spend, defining requirements, developing strategies, authoring RFx's and negotiating contracts while improving supplier performance and mitigating risk.
• Manages improvement initiatives
• Deep knowledge and understanding of sourcing, risk, and legal processes
• Negotiates large transactions
Experiences
• Experience in Real Estate Management a plus
• Experience developing & managing senior & key stakeholder category and regional relationships
• Experience managing supply chains within business units, reducing costs and risks while improving value and efficiencies
• Experience successfully developing & implementing business unit strategies, enabling spend management, supplier performance and risk mitigation
• Experience executing sourcing transformation projects and supporting strategic initiatives
• Experience managing sourcing processes and operations
• Experience with Risk ManagementMastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard’s security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
Pay Ranges
O'Fallon, Missouri: $109,000 - $180,000 USDPurchase, New York: $125,000 - $207,000 USDAplyr's read
Mastercard is a leader in the payments industry, attracting talent passionate about innovative financial solutions and global market impact.
What's promising
- •Strong global brand presence enhances career opportunities and professional growth.
- •Diverse roles across technology and consulting offer varied career paths.
- •Focus on innovation in payments technology provides a dynamic work environment.
What to watch
- •Highly competitive industry may pressure employees to perform at high levels.
- •Regulatory challenges in different markets can impact business operations.
- •Rapid technological changes require continuous skill development and adaptation.
Why Mastercard
- •Mastercard's global network connects millions of consumers and businesses worldwide.
- •Commitment to digital transformation drives cutting-edge payment solutions.
- •Strong emphasis on data analytics enhances decision-making and strategy.
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About Mastercard
Mastercard is a global technology company in the payments industry, providing a range of payment solutions and services to consumers, businesses, and governments.