Senior Category Manager - Consulting

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

- Develops procurement practices enterprise-wide, including: effective category sourcing and overall procurement strategies; processes and infrastructure to effectively manage procurement activities across all spending categories; sustainable purchasing methods; and, programs to ensure a diverse supplier base including minority, small, women and disadvantaged businesses. - Develops, implements and communicates an overall strategy to meet both the Business Unit's and Corporation's strategic plan. - Responsible for development of sourcing strategy and performing category analytics. - Leads and manages RFx (e.g.

Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process. - Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements, Statements of Work, etc. and leading all aspects of contract & price negotiations and ongoing contract administration. - Responsible for maintenance of procurement processes and procedures. - Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities. - Manages and supports regulatory and compliance requirements (e.g.

OFAC, FCPA, Spend Analysis, Client Relationships). - Manages reporting of Procurement performance metrics, and provides ongoing support for internal and external audit requests. - Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers. - Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues. - Utilize and maintain ERP and Contract Management System (ECM, including loading of final agreements. - Interacts with business and Partners to formulate and implement strategy and solutions to enhance existing services, create new services or improve processes.

Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the solution.

- Strong verbal and written communication skills are required along with ability to be highly flexible and adaptable to change - Excellent understanding of procurement philosophies and strategies along with in-depth knowledge of supply chain management and procurement - Leadership and organizational skills are required to develop objectives and goals - Proficiency in MS Office Suites with advanced Excel skills.

Experience with ERP systems/PeopleSoft - Strong understanding/knowledge of contract terms and conditions and legal impact of different terms - Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines - Applies best practices and knows how to apply and integrate with others - Ability to explain moderately difficult or sensitive information; works to build consensus.

- Bachelor's Degree in Business, Supply Chain Management or Finance is preferred. - MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus. - Six or more years' experience in Sourcing or Procurement related field or an equivalent combination of education and work experience.

- Experience with Labor Contracts, managed services contracts is desired.

- Proven ability to work with cross functional and diverse teams.

- Prior experience working in a regulated industry or financial services organization is a plus.

- Excellent communication and presentation skills to all levels of management.

- Detail oriented. - Ability to breakdown complex problems and resolve through independent research and analysis. - May lead small projects with manageable risks and resource requirements.

- Experience with sourcing and procurement applications (i.e. Coupa, Workday, PeopleSoft, MS Office, advanced Excel skills).