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Cost & Supplier Management Consultant

Truist Inc, Richmond, VA, United States


Job Title

The purpose of this role is to contribute to the development of sustainable solutions that advance Enterprise Technology (ET) Supplier and Financial management processes by working cross-functionally with internal stakeholders, utilizing strong analytics and data-driven problem-solving skills. Serves as the relationship manager for internal or external supplier relationships, including offshore services. Handles matters relating to supplier management processes including but not limited to, sourcing engagement, contract administration, process management and/or relationship financial and performance management. Essential Duties And Responsibilities Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Manages stakeholder's day-to- day needs. Monitors internal and external service relationships to ensure quality of service delivery, client satisfaction, operational efficiencies and achievement of target cost savings. Serves as first line, tactical conduit for communication between LOBs/teammates and the service provider(s). Performs sourcing request entry, due diligence and ongoing monitoring activities related to supplier onboarding and performance Typically leads moderately complex projects and participates in larger, more complex initiatives. Solves complex technical and operational problems. May have team lead/mentorship responsibilities (not managing teammates) Acts as a resource for teammates with less experience. Qualifications Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's degree and five years of IT service delivery with experience managing complex, IT vendor relationships; or an equivalent combination of education and work experience. In-depth knowledge in information systems and ability to identify, apply, and implement best practices. Understanding of key business processes and competitive strategies related to the IT function. Ability to plan and manage projects. Ability to solve complex problems by applying best practices. Ability to interpret and convey complex, difficult, or sensitive information. Ability to provide direction and mentor less experienced teammates. Preferred Qualifications: 1. Bachelor's degree and six years of experience or an equivalent combination of education and work experience. 2. Banking or financial services experience. 3. Experience with third-party suppliers and/or remote or offshore or outsourced activities. Other Job Requirements / Working Conditions Sitting Constantly (More than 50% of the time) Visual / Audio / Speaking Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone. Manual Dexterity / Keyboarding Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers. Availability Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need. Travel Minimal and up to 10% Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.