Director - Supplier Management
Principal Financial Group, Des Moines, Iowa, United States, 50319
Overview
What You'll Do We’re looking for a Director- Supplier Management to join the Global Sourcing team. In this role you'll own the enterprise Supplier Management program and are accountable for risk, performance, and value management in the supply base. This role leads a team of Supplier Relationship Managers who focus on our highest impact suppliers. Through management plans, score cards, and strong governance, the supplier management function drives value for Principal. Responsibilities
Effectively lead a team of supplier management professionals helping them prioritize focus areas within the supply base through segmentation and proactive issue and opportunity identification. Partner with risk leaders and risk subject matter experts to efficiently complete supplier risk assessments and implement controls to mitigate the identified risks. Ensure the risk rigor aligns with the Principal risk appetite. Collaborate with Sourcing leaders and Sourcing Consultants to cleanly transition suppliers from contracting to ongoing management. Ensure that business and commercial terms are well understood by first line engagement managers for our most impactful suppliers. Collaborate with Engagement managers, risk and business partners to ensure strategic suppliers are managed well for maximization of value and risk mitigation. Educate and train first line engagement managers on effective supplier management. The depth of training should reflect the risk and impact of the supplier that is being managed. Develop and continuously implement a vision for the supplier management function taking into account emerging trends in procurement, technology, and risk. Continuously improve the adopted procurement tools and technologies to make the supplier management function more efficient and effective. Develop and implement a roadmap for inclusion and sustainability. Who You Are
Bachelor's degree in business or equivalent experience required; 10+ years of supplier management experience with 5+ years people leader experience. Ability to build relationships and influence others. Must be able to deal with conflicting goals and points of view. Knowledge of Supplier Management Program including TPRM (third party risk management). Experience with technology and tools that enable Supplier Management. Knowledge and experience in strategic sourcing and supply chain management preferred. Strong business acumen and executive presence, including the ability to tactfully push back on senior leaders. Strong analytical and critical thinking skills. Ability to work independently solving problems and challenging/influencing internal and external stakeholders. Ability to design processes. Very strong written and verbal communication skills. Ability to multi-task and juggle many competing demands. Compensation and Benefits
Salary Range Information Salary ranges below reflect targeted base salaries. Non-sales positions may participate in a bonus program; sales positions may be eligible for incentives. Actual compensation will be based on location, experience, education, licensure requirements, and skill level and finalized at offer. Salary Range (Non-Exempt hourly; Exempt yearly) $141000 - $191000 / year Time Off Program Flexible Time Off (FTO) is provided to salaried employees and provides time away with pay for vacation, personal or short-term illness. No accrual bank of time off under FTO and no set number of days. Pension Eligible Yes Work Environments This role offers in-office and hybrid work arrangement in Des Moines, IA or Charlotte, NC. Work Authorization
Work Authorization/Sponsorship At this time, we’re not considering applicants who need immigration sponsorship now or in the future to work in the United States. This includes, but is not limited to: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. Ethics and Equal Opportunity
Investment Code of Ethics For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct. These requirements may also apply to other positions across the organization. Principal is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Posting Window We will accept applications for 3 full days after the Original Posting Date, with continuation based on applications received. If reposted, we will accept applications for at least 1 full day following the Most Recently Posted Date. Original Posting Date 1/16/2026 Most Recently Posted Date 1/16/2026
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What You'll Do We’re looking for a Director- Supplier Management to join the Global Sourcing team. In this role you'll own the enterprise Supplier Management program and are accountable for risk, performance, and value management in the supply base. This role leads a team of Supplier Relationship Managers who focus on our highest impact suppliers. Through management plans, score cards, and strong governance, the supplier management function drives value for Principal. Responsibilities
Effectively lead a team of supplier management professionals helping them prioritize focus areas within the supply base through segmentation and proactive issue and opportunity identification. Partner with risk leaders and risk subject matter experts to efficiently complete supplier risk assessments and implement controls to mitigate the identified risks. Ensure the risk rigor aligns with the Principal risk appetite. Collaborate with Sourcing leaders and Sourcing Consultants to cleanly transition suppliers from contracting to ongoing management. Ensure that business and commercial terms are well understood by first line engagement managers for our most impactful suppliers. Collaborate with Engagement managers, risk and business partners to ensure strategic suppliers are managed well for maximization of value and risk mitigation. Educate and train first line engagement managers on effective supplier management. The depth of training should reflect the risk and impact of the supplier that is being managed. Develop and continuously implement a vision for the supplier management function taking into account emerging trends in procurement, technology, and risk. Continuously improve the adopted procurement tools and technologies to make the supplier management function more efficient and effective. Develop and implement a roadmap for inclusion and sustainability. Who You Are
Bachelor's degree in business or equivalent experience required; 10+ years of supplier management experience with 5+ years people leader experience. Ability to build relationships and influence others. Must be able to deal with conflicting goals and points of view. Knowledge of Supplier Management Program including TPRM (third party risk management). Experience with technology and tools that enable Supplier Management. Knowledge and experience in strategic sourcing and supply chain management preferred. Strong business acumen and executive presence, including the ability to tactfully push back on senior leaders. Strong analytical and critical thinking skills. Ability to work independently solving problems and challenging/influencing internal and external stakeholders. Ability to design processes. Very strong written and verbal communication skills. Ability to multi-task and juggle many competing demands. Compensation and Benefits
Salary Range Information Salary ranges below reflect targeted base salaries. Non-sales positions may participate in a bonus program; sales positions may be eligible for incentives. Actual compensation will be based on location, experience, education, licensure requirements, and skill level and finalized at offer. Salary Range (Non-Exempt hourly; Exempt yearly) $141000 - $191000 / year Time Off Program Flexible Time Off (FTO) is provided to salaried employees and provides time away with pay for vacation, personal or short-term illness. No accrual bank of time off under FTO and no set number of days. Pension Eligible Yes Work Environments This role offers in-office and hybrid work arrangement in Des Moines, IA or Charlotte, NC. Work Authorization
Work Authorization/Sponsorship At this time, we’re not considering applicants who need immigration sponsorship now or in the future to work in the United States. This includes, but is not limited to: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. Ethics and Equal Opportunity
Investment Code of Ethics For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct. These requirements may also apply to other positions across the organization. Principal is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Posting Window We will accept applications for 3 full days after the Original Posting Date, with continuation based on applications received. If reposted, we will accept applications for at least 1 full day following the Most Recently Posted Date. Original Posting Date 1/16/2026 Most Recently Posted Date 1/16/2026
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