Company Description Visa is a world leader in paymentsand technology, with over 259 billion payments transactions flowingsafely between consumers, merchants, financial institutions, andgovernment entities in more than 200 countries and territories eachyear. Our mission is to connect the world through the mostinnovative, convenient, reliable, and secure payments network,enabling individuals, businesses, and economies to thrive whiledriven by a common purpose – to uplift everyone, everywhere bybeing the best way to pay and be paid. Make an impact with apurpose-driven industry leader. Join us today and experience Lifeat Visa. Job Description Visa Global Sourcing Global Sourcing ispart of the Finance organization and manages Visa’s end-to-endsourcing and procurement of goods and services. Sourcing isresponsible for partnering with business owners to lead allstrategic sourcing activities globally to ensure optimal selectionof suppliers that deliver best value in price and quality, whileminimizing risk to Visa. Overview Reporting to the Director of Technology Sourcing, this Sourcing Manager will serve as anindividual contributor and own a portfolio in support of Visa’s Technology organization. Year-over-year, this person will overseeapproximately USD40M+ in spend across a number of key suppliers.The specific focus on this role will involve consulting with Technology stakeholders to define a vision, then delivering uponthat vision through execution of Sourcing activities. This rolewill partner closely with key stakeholders within Visa’s Technology, Finance, and other organizations, including, but notlimited to E/SVP-level leaders globally. In this role, he/she willprovide subject matter expertise, deep market insights andstrategic guidance to business leaders by understanding theirstrategy, initiatives and plans. This person will be expected todeliver against an annual savings target. Responsibilities This isa mid-level role within Visa’s Global Technology Sourcingorganization and the responsibilities range from buildingrelationships with Technology executives and working withstakeholders at all levels of the organization to drive strategicdecision, to leading sourcing business partners to deliver savingswhile balancing the risks and regulatory issues from engaging thirdparties. Key responsibilities include, but are not limited to thefollowing Relationship Building - This role supports Visa’s Technology Infrastructure Systems Sourcing Strategy and keystakeholders, within Visa IT. - Build strong relationships withbusiness partners to drive Sourcing engagements and increase theinfluence/role of Sourcing within the various business teams. Thisperson can expect direct visibility to senior executives including,but not limited to, Visa’s President of Technology, and TechnologyLeadership Team members. - Regularly update executives at alllevels of the company on deal status, category reporting, etc. Provide continuous written and verbal updates to the businesspartners, suppliers and other stakeholders on the status of deal. -Take a global view to ensure that Visa leverages its scaledomestically and internationally. Category Expertise - Collaboratewith Category teams and Visa Technology to establish the Supplier /Product Strategy for Infrastructure Systems Software as a categoryof spend at Visa. - Understand the Visa Technology footprint, thelong and short-term strategies and the suppliers within thatlandscape. - Oversee the aligned categories. Understand thesupplier impacts and effectively communicate to Sourcing executivesand Technology stakeholders to inform risk/reward decision-making. - Perform market analysis to support recommendations to the Technology teams. - Drive a sustainable pipeline of activity andproactively engages Technology Business Partners to ensure properrunway. - Maintain an understanding of the regulatory market as itimpacts Visa Technology’s Infrastructure Software strategy andmarket approach. - This role will have global reach, high impact,and will be responsible for delivery of key program-levelinitiatives. The preferred candidate will bring an understanding ofsoftware licensing and have a can-do attitude. SourcingCapabilities - Commercial & Contract Negotiations - Manageescalations. Support the Sourcing and Technology teams to negotiateand drive best-in-class deals for Visa. This role requires astrategic view and the willingness to execute on the day-to-day. -Drive multi-vendor strategies to optimize Visa’s leverage andreduce operational risk. Execute RFx events to support Visa’s Technology organization. - Perform savings tracking and reportrealized savings on a continual basis. - Negotiate contract termsand conditions as a first line of defense, in partnership with VisaLegal, Data Privacy, Cybersecurity, and other teams. - Take part inquarterly reporting, regularly recurring team meetings, and ongoingupdates to direct reports, peers and leaders around theorganization. Additional Information about Interviewing with Visain Technology Sourcing In Visa Technology Sourcing we get technicalfast. Our business partners demand it and we like to provide bestin class support! This is a highly technical, highly engaged role. If you apply and advance to final stages of interviews, pleaseexpect the following - You will take part in a complex time-basedskills test in which you will work through a real-world situation. Candidates will be required to model the scenario in Excel and/orPowerPoint and present conclusions to a member or panel ofleadership. You will also be asked questions specific to thecategory and about your broader theories on procurement. - You canexpect to be asked detailed questions about your background - Ifyou are a seasoned Software professional, expect that we will askyou about deals you have led including details pertaining to spend,license metrics, strategy, and results. - Expect that we will askyou fundamental questions about technology licensing (for example –‘What is the difference between a CPU and a Core?’ ‘What are theadvantages/disadvantages to perpetual versus subscriptionlicensing?’). - You will meet with a diverse team of technicalbusiness partners as well as Visa Sourcing leadership to assessyour Sourcing and business acumen. - Don’t let any of the aboveworry you! We demand a lot of ourselves and prefer to be upfrontabout what we look for on this team. If you’ve got the chops, we’vegot a role for you! This is a hybrid position. Expectation of daysin office will be confirmed by your hiring manager. QualificationsBasic Qualifications •5 or more years of relevant work experiencewith a Bachelor's Degree or at least 2 years of work experiencewith an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years ofwork experience with a PhD Preferred Qualification •4+ years ofexperience as a sourcing and/or procurement professional,preferably with a focus on Technology and Software supplierrelationships. - Demonstrated understanding of software licensing,including the ability to converse with, and influence, key IT and Procurement executives on supplier strategy, sales models,market/Visa levers, and financial modelling. - Excellent written,oral and presentation skills and an ability to synthesize complexand technical information into clear recommendations on course ofaction. - Demonstrated technology and software negotiationexperience. - Experience supporting technology and otherstakeholders with a passion to deliver outstanding customerservice, forge lasting relationships, and approach goals with teaminterests in mind. - Demonstrated ability to manage vendorrelationships and influence key vendor account executives. - Highlevel of self-motivation and initiative, and ability to operate asa team player. - Willingness to offer thought leadership, to thinkcreatively, and to offer new ways of approaching old problems. - Undergraduate degree or equivalent work experience required,preferable in business, economics, computer science orengineering-related field, graduate degree in business, economicsor engineering a plus. Additional Information Visa is an EEOEmployer. Qualified applicants will receive consideration foremployment without regard to race, color, religion, sex, nationalorigin, sexual orientation, gender identity, disability orprotected veteran status. Visa will also consider for employmentqualified applicants with criminal histories in a manner consistentwith EEOC guidelines and applicable local law. #J-18808-Ljbffr