Sourcing Specialist

ID
2022-16203
Job Locations
US-CA-San Francisco | US-WA-Bellevue | US-CA-Los Angeles | US-MA-Boston | US-NY-New York

 

At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

 

Incredible teams doing exceptional work, every day

Procurement is responsible for managing the risks associated with conducting business with third-party vendors and defining a consistent program for First Republic’s vendor partner relationships. In the process, we fulfill the applicable legal, information security, regulatory, and commercial term requirements on behalf of the organization. We also work with business units to secure; risk assess and oversee all vendor partner services.

 

In partnership with internal business stakeholders, the Sourcing Specialist is responsible for supporting the team to provides exceptional service to any project they are assigned. The Sourcing Specialist engages directly with the business units to build strategies for the assigned work including requests for proposals and information requests. In this role the Sourcing Specialist will provide sourcing support in conjunction with the Director of Sourcing assigned to the business unit or category.

 

What you’ll do as a Sourcing Specialist (Hybrid):

  • Support the classification of Non-Employees into the appropriate workflows
  • Support the end user in the creation of Statement of Work documents that meet legal guidance for Consulting versus Contingent Workers
  • Conducts market analysis, analyzes category spend data and applies broad industry knowledge to non-employee sourcing strategies and recommendations.
  • Manages sourcing projects and deal reviews for professional services.
  • Supports the Bank’s minority and women owned business enterprise (MWBE)/Supplier Diversity program aspirations.
  • Coordinates negotiations with suppliers for high-dollar, complex or high priority services.
  • Manages business relationships, acting as a liaison between Procurement and the business leadership.

 

You could be a great fit if you have:

  • Bachelor’s degree in Business, Sourcing or related field peferred, but not required. 
  • Supplier negotiation experience with an emphasis on creative commercial deal structuring.
  • Experience with delivering high-volume sourcing projects and deal reviews for Professional Services and Contingent Workforce Management.
  • Past experience with Coupa Contingent Workforce.
  • Strategic thinker with demonstrated project execution and project management capabilities, analytical skills and conflict mediation skills.
  • Demonstrated success and commitment to fostering collaboration and team engagement.
  • Ability to set priorities, assess Vendor performance and manage project teams in a matrixed environment.
  • Ability to balance competing interests among a variety of business partners, and readily readjust priorities to respond to pressing and changing business demands.
  • Must be able to anticipate and meet the needs of business partners while maintaining high-quality deliverables.
  • Exceptional organizational savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing deal teams.

Job Demands:

  • Must be able to review and analyze data reports and manuals; must be computer proficient.
  • Must be able to communicate effectively via telephone and in person.
  • Must be able to travel as position requires.

Own your work and your career — apply now

Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career?  If so, then come join us.

 

We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

 

We believe that a diverse range of backgrounds and ideas has and will continue to be fundamental to the future success of First Republic.

 

If you are curious to learn more about this opportunity, we'd love to hear from you.

 

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization. The Company is an equal opportunity employer. In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.

 

First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA. To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws.

 

For New York City-based roles: Mayor Bill de Blasio announced that, effective December 27, 2021, all private sector employers?in New York City will be required to ensure that their employees are vaccinated against COVID-19 to attend work in the office. Reasonable Medical or Religious Accommodations may be requested if applicable to you. Please view New York’s Guidance on Accommodations for Workers for more information.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Need help finding the right job?

We can recommend jobs specifically for you! Click here to get started.