Vice President - Technology Sourcing
CurrentResponsible for overall management of the bank's Strategic Technology Sourcing function and strategic direction to ensure alignment with organization objectives. Developed and implemented sourcing policies and procedures in conjunction with business and compliance mandates. Executed complex negotiations across versatile business segments by utilizing the seven-step strategic sourcing process. Led project management negotiations related to pricing, business and legal terms and conditions, and product customization as required for new contracts, contract renewals, and amendment of existing contracts. Partnered with executive leadership teams to manage budgets and strategic planning for contracting and acquisitions. • Manage annual spending and deliver expert advice on business terms and conditions. Identified and communicated business risks and developed negotiation strategies for Cloud, IT Security, professional services, IT outsourcing, BPO, software, hardware, application development, maintenance and support services, SaaS, and on-premise software solutions.• Facilitate and spearhead banks Supplier Diversity Council to increase and improve supplier engagement and spend• Delivered 7-10% Annual cost savings against the budget.• Recommended best practices and resolved complex procurement, sourcing, and contracting issues. Received recognition as a Subject Matter Expert (SME)