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Head of Procurement Operations

Company: Sumitomo Mitsui Banking Corporation
Location: White Plains
Posted on: September 12, 2020

Job Description:

SMBC Group is a member of Sumitomo Mitsui Financial Group

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Posting Date 3 weeks ago (8/6/2020 5:16 PM)

Career Category Corporate Services

Position ID DJOB

Corporate Title DIR

Type Fulltime-Regular

Overview The Head of Procurement Operations will report into the Regional Chief Procurement Officer and will manage a team of procurement operations analysts. Key Procurement objectives include: • Increase purchasing power & leverage across SMBC businesses and regions

• Improve vendor/supplier governance and performance management

• Centralize and automate back-office procurement, contract management and invoicing operations to drive cost and operational efficiency

• Reduce vendor/supplier related legal, regulatory, financial and operational risk to the Firm

• Drive significant and sustainable savings across businesses

• Maximize visibility and control of vendor/supplier spend across businesses and regions

The Head of Procurement Operations will lead a centralized shared services team in support of day-to-day procurement operations for SMBC businesses across the Americas Division. The Procurement Operations team will support a wide range of activities across the source-to-pay lifecycle to ensure the timely delivery of quality goods/services to SMBC businesses and in alignment with category and buying channel strategies and operational procedures. Day-to-day Procurement Operations will include the following: • Vendor/supplier onboarding

• Sourcing tasks/administration

• Contract execution support

• Invoice exception processing

• Procurement tools, templates, and technology management and support

• Project, change management and training support

• Procurement scorecards, dashboards, reporting & analytics

Responsibilities Develop and maintain procurement scorecards, dashboards, reporting & analytics

Develop and maintain procurement processes, policies, procedures, tools and templates to ensure compliance, best practices and sourcing excellence for all procurement processes

Implementation and support of direct buying channels i.e. shopping catalogues, P-Cards, etc.

Oversight and support of procurement tools, templates, and technologies

Support Procurement project execution and change management efforts

Improve programs (i.e. supplier management, supplier diversity etc.) within the department to continuously improve performance and value to the organization

Partner with business users and leadership to identify opportunities to improve procurement processes

Conduct benchmarking and communicate understanding of ‘best in class’ industry practices, as well as action plans on how to transition the department to a world class operating state

Qualifications Proven track record leading business process re-engineering activities to reduce end to end non-value activities and total cost ownership experience

Execution focused while being strategically oriented

Excellent communication skills and ability to build trust across the organization

Change management/influencing skills; ability to build relationships and credibility; facilitate working sessions with large and small internal teams and external stakeholders

Strong analytical capabilities and problem-solving skills; ability to translate data into decision making

Project management: able to set/change agendas, deliver increased performance levels and routinely implementing improvements across multiple activities

Experience and exposure to different project and change methodologies, e.g. Waterfall, Agile

Drive a culture of continuous improvement and transformation

Experience and exposure to different procurement source-to-pay technologies

Lean Six Sigma principles for continuous improvement

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SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

SMBC is an EO employer – M/F/Veteran/Disability

Keywords: Sumitomo Mitsui Banking Corporation, White Plains , Head of Procurement Operations, Other , White Plains, New York

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