Consumer & Commercial Banking Sourcing Manager

Welcome to Ally Financial, a leading digital financial services company with a mission to make financial services simpler and more transparent for our customers. We are currently seeking a talented and driven individual to join our team as a Consumer & Commercial Banking Sourcing Manager. In this role, you will be responsible for overseeing the sourcing and procurement activities for our consumer and commercial banking divisions, ensuring that we are obtaining the best value for our organization while maintaining high levels of quality and service. If you are a strategic thinker with a strong background in sourcing and procurement, and a passion for delivering exceptional results, we want to hear from you. Join us in shaping the future of financial services and make a real impact on our customers' lives.

1. Develop and implement sourcing strategies for consumer and commercial banking divisions in alignment with Ally Financial's overall goals and objectives.
2. Identify and evaluate potential suppliers, negotiate contracts, and establish partnerships with key vendors to ensure competitive pricing and high-quality services.
3. Monitor market trends and industry developments to stay informed about new sourcing opportunities and potential risks.
4. Collaborate with internal stakeholders to understand business needs and requirements, and develop sourcing plans that meet those needs.
5. Oversee the entire sourcing process, including request for proposal (RFP) development, bid evaluation, and supplier selection.
6. Manage supplier relationships and performance, including conducting regular reviews and resolving any issues or conflicts that may arise.
7. Ensure compliance with company policies and procedures, as well as legal and regulatory requirements, in all sourcing activities.
8. Analyze and report on sourcing metrics and key performance indicators to track progress and identify areas for improvement.
9. Lead cross-functional teams to drive cost savings, process improvements, and innovation in sourcing and procurement.
10. Stay updated on industry best practices and incorporate them into the sourcing and procurement process to drive continuous improvement.
11. Train and mentor junior sourcing team members, providing guidance and support to help them achieve their full potential.
12. Represent Ally Financial in a professional manner and uphold our values of integrity, diversity, and teamwork in all interactions.

According to JobzMall, the average salary range for a Consumer & Commercial Banking Sourcing Manager in Charlotte, NC, USA is between $85,000 and $125,000 per year. However, this can vary depending on the specific company, experience level, and other factors. Some sources report average salaries for this role to be as high as $154,000 per year. Additionally, the salary may also include bonuses, commissions, and other forms of compensation. It is important to research the specific company and their compensation package to get a more accurate estimate.

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.