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IT Sourcing Specialist in Atlanta, GA at Voya

Date Posted: 1/17/2019

Job Snapshot

Job Description

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Position Summary:

Leads or participates on cross-functional teams to develop and implement Voya sourcing strategies for medium complexity indirect purchases/contracts in order to minimize risk and maximize value in the acquisition of goods and services.  Perform spend analysis, market and vendor analysis, and supplier selection activities.  Create category and initiative specific negotiation strategies, managing contract drafting and leading contract negotiations of terms and conditions and pricing.  Provide thought leadership and procurement subject matter expertise to partners across the business.  

Position Description:

  • Recommend and implement category specific sourcing methodologies and processes to achieve Voya’s enterprise objectives and specific business unit’s strategic plans.  Develop and execute well defined initiative specific strategies as necessary.  Drive action across functional organizations and across business units to affect policies, practices, processes and procedures having an impact on revenue and profitability.
  • Provide guidance for procurement and contract activities for assigned categories
  • Lead the implementation/execution of proposals (RFX), strategies, initiatives, contracts/programs for medium complexity, medium risk transactions.  Understand spend analytics required to support the strategic objectives.
  • Negotiate terms and conditions and pricing for purchases.   Draft, redline and negotiate contract documents including but not limited to master agreements, license agreements, Statements of Work, Order Forms, NDAs, etc.
  • Act as a category resource to organization across multiple functions, divisions and geographic locations.
  • Interact with internal/external third parties to support resolution of medium complexity business issues requiring a balance of assertiveness, tact, business acumen and diplomacy. 
  • Interact with internal customers and external third parties to support resolution of medium complexity business issues requiring a balance of assertiveness, tact, business acumen and diplomacy. 
  • Achieve annual savings targets and other performance metrics as assigned.
  • Other duties as assigned.

Knowledge & Experience:

  • Bachelor’s degree or equivalent required. 
  • Minimum 4 years extensive, broad-based experience in contracting and strategic procurement.  Ability to simultaneously lead multiple initiatives while consistently meeting timelines and milestones. 
  • Experience with IT categories preferred
  • Knowledge of business principles such as purchasing, demand management,  project management, business and contract law, licensing, intellectual property, financing and accounting.
  • Ability to read and interpret contracts.  Ability to draft contract language/documents including, for example, Statements of Work, Service Level Agreements, etc.
  • Strong technology skills; experience with Excel and Powerpoint required.
  • This individual must be able to effectively negotiate pricing, legal, business terms and conditions with suppliers, financing institutions, consultants and service companies primarily on a domestic basis.  By virtue of breadth and/or depth of experience, is recognized as a subject matter expert who is capable of translating business objectives into finite project management plans with clearly defined roles and responsibilities and delivery milestones.  Demonstrates knowledge of cost and price analysis techniques, proposal/contracting skills, project management, business management and strategic category management techniques.
  • Strong interpersonal, oral and written communication skills are required.  General team building skills are essential. 

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Critical Skills
At Voya, we have identified the following critical skills which are key to success in our culture: 

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals. 
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. 
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills.

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