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In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.
This role is an individual contributor role specifically responsible for sourcing and negotiating agreements for Edward Jones’ technology needs, which may include hardware, software, SaaS products, and technical services. This role has no formal leadership responsibilities
The Sourcing Manager is responsible for negotiating vendor contracts on behalf of business units, with a primary focus on medium-to-high value and moderately complex sourcing initiatives. Negotiations include contract terms (e.g. Indemnification, Limitation on Liability, Confidentiality provisions, etc.) and pricing. This role is responsible for partnering with business units to develop an understanding of their strategic goals and support projects which require vendor relationships. This role requires the Sourcing Manager to coordinate with various business units to understand requirements for new projects, as well as firm-wide impacts associated with initiatives. The Sourcing Manager must possess a high level of systems thinking and analytical capabilities. These skills will be employed to identify, communicate, and implement supply-base opportunities to achieve the best solution for the firm through a mix of cost savings, cost avoidance, and risk mitigation strategies. This role requires an ability to build relationships within cross-functional teams, communicate effectively, and plan strategically in order to drive progress across sourcing initiatives and influence firm leadership.
In this role, the Sourcing Manager must:
Applicants must possess a passion for continuous learning and ability to coach others within the department.
Problem Solving:
As a financial institution, many issues are governed by regulation, internal policies, procedures and guidelines which give guidance, but also present constraints in problem solving.
Decision Making:
This position has a high level of autonomy. Initiatives are reviewed with colleagues and leaders; however the Sourcing Manager is responsible for working directly and independently with the business areas to develop a strategic solution that incorporates the business needs, while minimizing the business, legal and regulatory risk.
Span of Influence:
This position has influence over vendor and product recommendations which can impact the entire firm – including the local branch offices. This position is seen as a subject matter expert and acts as a consultant for Digital business areas having needs in contract formation, negotiation strategy and contract execution. Business areas look to Sourcing to provide sound advice and ask the difficult questions to ensure the firm is making the correct decision. This position regularly interacts with the firm’s Senior Leaders, Legal department, and Partners as well as vendor Senior Executives (C-Level). Contracts can be in place for multiple years and control millions of dollars in potential firm spend.
This position has no direct supervisory responsibilities.
Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being . click apply for full job details
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