A top Fortune 50 financial institution in Vienna, VA is currently seeking a Strategic Sourcing Manager to join their team. This is a highly visible hybrid role responsible for developing and executing sourcing strategies that drive cost savings, mitigate risk, and support enterprise operations across technology and business services.
About the Opportunity:
- Hybrid: On site in Vienna, VA 2–3 days per week
- Schedule: Standard business hours
- Setting: Corporate headquarters
- Industry: Financial Services
- Department: Strategic Sourcing / Procurement
- Level: Senior / Individual Contributor
Responsibilities:
The Strategic Sourcing Manager
will be responsible for:
- Developing and implementing sourcing strategies aligned with organizational goals
- Leading and managing end-to-end RFPs, RFIs, and supplier selection processes
- Partnering with internal stakeholders to gather requirements and build Statements of Work (SOWs)
- Negotiating vendor contracts, including MSAs and SLAs, to ensure favorable financial and risk terms
- Conducting market research and supplier due diligence to identify opportunities for Total Cost of Ownership (TCO) savings
- Facilitating ongoing vendor performance management and compliance tracking
- Maintaining comprehensive sourcing documentation and performance records
- Collaborating cross-functionally with teams such as Procurement, Legal, InfoSec, and Operations
- Supporting change management and transformation initiatives across sourcing functions
Qualifications:
- 7+ years of experience in strategic sourcing, procurement, IT category management, or vendor management
- Bachelor’s Degree in Business Administration or related field (or equivalent experience)
- Proven experience developing and managing RFPs, RFIs, SOWs, and supplier contracts
- Deep knowledge of IT sourcing and vendor selection processes
- Strong data analytics and market research capabilities
- Advanced negotiation and contract development skills
- Excellent interpersonal, communication, and stakeholder engagement skills
- Demonstrated ability to manage competing priorities and deliver results in a matrixed environment
Desired Skills:
- Experience in financial services sourcing or procurement environments
- Exposure to organizational transformation and change management
- Proficiency with procurement platforms (e.g., SAP Ariba, Coupa)
- Strong presentation skills and experience interfacing with senior leadership
