Job Description
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.
Visa does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.
Behind the Visa brand are more than 6,000 talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.
RESPONSIBILITIES
Technical Competencies
Oversee a value added, customer focused sourcing organization in the CEMEA geography to meet the business objectives in compliance with the Global Sourcing Policy and Procedures;
Lead and direct the negotiation and drafting of contracts and amendments and applicable changes as required.
Manage RFX for critical business projects by leading cross functional teams in supplier selection, contract negotiations involving Legal and other departments as appropriate.
Work closely with the business in developing specifications and sourcing strategies for CEMEA procurements.
Work closely with and be familiar with the requirements of the other Visa stakeholders and participate in the implementation of their requirements as necessary to manage risks while achieving the business objectives in a cost effective manner.
Identify future procurement by analyzing opportunities and conducting assessments for select spend categories to source.
Ensure that Visa enhances its buying power based on activities across all areas and ensuring improvement opportunities at all times.
Conduct market, benchmark and spend analysis for select categories of spend.
Oversees efforts to minimize financial exposure and risk for Visa; sets aggressive costs savings and spend reduction goals
Implements complex sourcing initiatives; develops category and supplier cost models
Strong negotiation skills, ability to influence internal and external business partners to achieve departmental goals
LEADERSHIP REQUIREMENTS
Ability to clearly and effectively present to senior executives and contribute to senior management decision making, demonstrating appropriate influencing skills.
Ability to set the appropriate tone at the top, motivate staff, make difficult personnel decisions and foster a positive culture of mutual respect and the highest ethical standards.
Demonstrated ability to build and lead medium and large sized high performing team with the ability to instigate and support change. Actively participates in continuous improvement activities to exceed customer expectations and help promote a professional organization
Strong interpersonal, collaborative and influencing skills to effectively navigate a matrix management structure.
§ Able to communicate and build cross-functional relationships; Work with all levels of personnel and effectively interact with senior and executive management and work closely with other Global Sourcing teams globally.
Customer focused, driven and can lead by example.
§ The highest ethical standards, with a strong moral compass and a constant focus on doing what’s right.
Excellent planning and organization skills and business judgment, including the ability to anticipate the impact of decisions/initiatives.
Flexible and creative thinker with the ability to define business tradeoffs, generate out-of-the-box solutions, manage uncertainty and anticipate the impact of decisions/initiatives.
Demonstrated effective communications to include written and public speaking/presentations.
High quality internal control standards.
Self-directed and motivated.
Strong prioritization skills and ability to manage issues to resolution.
Staff Management and Development
Responsible for the hiring, training, coaching and motivating a staff
Oversees the development and training staff on Visa processes and procedures
Oversees the creation of teams and partnerships to execute best practices with all Business Partners
Creates a rewarding work environment
Builds bench strength
Achieving Strategic Vision
Oversees the defining of long and short term sourcing strategies, objectives, and scope
Aligns departmental structure, roles, and goals with Visa functions and geographies
Defines strategic direction and focus for the department, driving change and improvement
Builds and oversees the formation of strategic partnerships with cross-functional departments to execute sourcing initiatives
Oversees the communication of recommendations and strategic information to cross-functional areas within Visa
Influences and partners with Sr. Management to identify, evaluate, and prioritize sourcing opportunities in alignment with financial objectives
Maximizes volume leverage with suppliers while creating a “partnership” relationship with respect to costs, quality and delivery
Builds partnerships with, and communicates with suppliers to ensure supplier direction is in line with Visa direction and goals
Process Improvement and Implementation
Identifies and pursues involvement in areas within the company in which Global Sourcing can add value
Actively influences key Business Partners decisions by recommending the best sourcing strategy
Apply Now - Resume or CV with Job Post Title
Email: jobs@aarenconsultants.in
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