General information

Ref # 17356

Remote? No

Ally and Your Career

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Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?

The Opportunity

The Sr Sourcing Analyst is responsible for supporting the assigned LOB's and driving customer satisfaction and savings within their areas of responsibility, as well as helping to mitigate supplier and contractual risks for the business. Ongoing Management: Support the enablement of contracts in the Coupa contract repository. Support the management of contracts and initiate contract amendments, renewals and terminations. Support the management of users, suppliers, and initiate improvement opportunities.

This role will primarily focus on technology sourcing activities and may cover some professional services deals.

The Work Itself

• Lead business-based deal negotiations (Statement of Works, order forms, etc).
• Lead the bid process for large deals, including negotiating commercial terms and pricing to achieve desired business outcomes.
• Support the development and implementation of category strategies to meet organizational objectives and drive continuous improvement.
• Establish and maintain relationships with business partners and key stakeholders to understand their needs and requirements.
• Routinely monitor and socialize market trends, industry developments, and assigned supplier performance to identify opportunities and mitigate risks within assigned categories.
• Perform supplier optimization including identifying and evaluating potential suppliers, conduct supplier assessments and due diligence to ensure quality and reliability.
• Collaborate with cross-functional teams to understand business requirements and align strategic sourcing activities accordingly.
• Analyze spend data and procurement metrics to capture cost-saving opportunities and drive efficiency improvements.
• Contribute to supplier scorecards and performance metrics to ensure accountability and drive supplier performance improvements and conduct business reviews for Tiered suppliers.
• Support supplier diversity initiatives and ensure compliance with relevant regulations and policies

The Skills You Bring

• 3+ years of strategic sourcing, negotiation and other relevant procurement management experience in technology sourcing.
• Bachelor Degree preferred.
• Appropriate professional affiliations/certifications preferred.
• Proficiency in computer applications, business and industry analysis, financial analysis, supplier selection and management, contract negotiations, conflict management, decision making, strategic thinking.
• Has demonstrated the ability to lead a work effort to negotiate price, rates, details, contract terms and conditions.
• Analytical ability to develop and execute strategic and tactical plans.
• Ability to establish strong relationships through business partnering.
• Must possess good individual communication skills Is able to multi task.
• Has demonstrated the ability to manage large projects across multiple parties while delivering results.
• Has demonstrated the ability to handle difficult situations with clients and/or vendor negotiations.

How We'll Have Your Back

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Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally’s total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including: * Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting. * Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs. * Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially. * Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts. * Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Who We Are:

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range:

Emerging: 70000

Experienced: 95000

Expert: 120000

Incentive Compensation: This position is eligible to participate in our annual incentive plan