Strategic Sourcing Specialist

The Depository Trust & Clearing Corporation (DTCC) has an outstanding opportunity for a Strategic Sourcing Specialist, based in Tampa, FL.

Position Summary

Serve as Strategic Sourcing Specialist to business units or functions to deliver strategic sourcing projects that realize maximum long-term value.  Develop, plan and execute disciplined sourcing strategy of minimal complexity to aid business units or functions to achieve business objectives while managing expenses within a designated category.  Develop and maintain relationships within the business and with suppliers to influence, support, and offer guidance by providing solutions for the most basic sourcing needs.

Principal Responsibilities

Develop and maintain collaborative partnerships with business units to ensure alignment with business unit and sourcing strategy objectives.  Understand business unit budget for coming year to leverage opportunities. 
Develop, plan and execute basic sourcing strategies by partnering with the business unit to define desired outcomes, conduct internal and industry analysis, identify cost reduction opportunities, explore alternatives, and assess impact of alternatives. 
Define and execute the optimal sourcing solution by leveraging business unit requirements, funding, suppliers and industry knowledge.
Execute contracts against governance guidelines (approvals). 
Develop draft, negotiate, finalize and advise on basic contract documents with guidance. 
Consult with stakeholders to create best contractual outcome basic sourcing solutions including optimal negotiations, strong legal  and business terms, and meaningful KPI's and SLA's.  Execute contracts against governance guidelines (approvals). 
Assist in developing supplier relationships to drive effectiveness and value against basic planned strategies.  Assist in the resolution of contractual discrepancies as they occur.
Analyze all category metrics and identify opportunities to ensure category performance.  Manage compliance to contractual terms.
Assist in the development and implementation of basic policies, procedures, and objectives for the sourcing of goods and services for a business unit.  
Assist in creating the annual sourcing plans.
Facilitate and coordinate all activities associated with the execution of the established sourcing process including but not limited to the preparation and delivery for each project summary/business case in accordance to the purchasing approval policy to all levels of the organization. 


Four to six years of business experience in all aspects of the sourcing processes including relationship management, contract negotiation and project management; or equivalent professional experience in other closely related fields/industries.

About DTCC

With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2014, DTCC’s subsidiaries processed securities transactions valued at approximately US$1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at US$64 trillion. DTCC’s global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week. 

To learn more, please visit www.dtcc.com or follow us on Twitter @The_DTCC.