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Strategic Sourcing Analyst

Company: Visa
Location: San Mateo
Posted on: January 15, 2022

Job Description:

Company DescriptionAs the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.You're an Individual. We're the team for you. Together, let's transform the way the world pays.Job DescriptionThe Analyst of Strategic Sourcing, Product and Client leverages multiple sources of internal and external data to support category strategies that ultimately drive a competitive advantage and value for Visa. -As a key support role for Strategic Sourcing Services organization, you are accountable for understanding various tools, data sets and process that support the Strategic Sourcing organization. You will need a strong sense of urgency and the ability balance short vs. long term needs. This role will support the sourcing category leads for Product and Client and will also independently lead deals based on the category strategy. - You are accountable for enabling strategies to deliver sustainable results across a range of subcategories within Risk Products, Insurance, Lounges and Cardholder Benefits by identifying new opportunities for value and process improvement.ResponsibilitiesManage large datasets, and information sources to support Category leaders in development of Category Strategies, Negotiation plans, and internal discussionsBuilds relationships and effectively partners across varied functions with internal stakeholders, external suppliers, agencies, and colleagues to influence changeManages multiple processes and requests and sets expectationsProvides high level education to business partners on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple partnersMaintain external focus by leveraging industry peers, organizations, associations and by continuing to build strong relationships outside of VisaCommunicates effectively and frequently, listens carefully, and actively seeks and values the perspectives of othersDrives completion of simultaneous projects by proactively considering new alternatives and driving critical thinking to optimize resultsBuilds effective strategic relationships with external suppliers to foster open and collaborating communicationBe the Project Manager for key initiatives for the Strategic Sourcing team as neededSupport various category leaders in developing supplier plans with a focus on continuous improvement and innovationContributes significantly to the achievement of defined category performance targets and assists in driving the performance of associated suppliers, measure supplier's performance to ensure performance meets expectationsSupport a high level of change management initiatives that require a strong understanding of external industry best practices and implementation of Visa wide policiesSupport the implementation of Global Sourcing policies and proceduresQualificationsBasic Qualifications--- 2+ years of experience in Strategic Sourcing, Management Consulting, or working with issuing Banks with a Bachelor's Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)--- Deep understanding of cost models and performance metrics--- Past experiences challenging the status quo by developing business cases for change through leveraging business acumen, market intelligence, and insights to drive a broad strategic impact across an organization--- Demonstrated contract and agreement negotiation experience, including development of negotiating plans and strategies across a broad range of Product and Client--- Strong relationship-management skills and ability to communicate effectively, and collaborate with, senior-to-exec management. You need to be able to tell compelling stories through insights and dataPreferred Qualifications--- 3 or more years of work experience with a Bachelor's Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)This position is open to locations in Austin, TX, Foster City, CA, or new Atlanta, GA offices.Additional InformationVisa has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees and visitors. As a condition of employment, all employees based in the U.S. are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by lawWork Hours: Varies upon the needs of the departmentTravel Requirements: This position requires travel -5-10% of the time.Mental/Physical Requirements: This position will be performed in an office setting. - The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.Visa is an EEO Employer. - Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. - Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.SummaryType: Full-timeFunction: Accounting/Auditing

Keywords: Visa, San Mateo , Strategic Sourcing Analyst, Professions , San Mateo, California

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