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Director, Technology Sourcing, Network Engineering - job 2 of 3

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Global Sourcing is part of the Finance organization and manages Visa’s end-to-end sourcing and procurement of goods and services. Sourcing is responsible for partnering with business owners to lead all strategic sourcing activities globally to ensure optimal selection of suppliers that deliver best value in price and quality, while minimizing risk to Visa.

Reporting to the Senior Director of Technology Sourcing, this Director will serve as an individual contributor and own a portfolio in support of Visa’s Technology organization. Year-over-year, this person may oversee approximately USD 100M+ in spend across a number of key suppliers. The specific focus on this role will involve consulting with Technology stakeholders to define a vision, then delivering upon that vision through execution of Sourcing activities. This role will partner closely with key stakeholders within Visa’s Technology, Finance, and other organizations, including, but not limited to E/SVP-level leaders globally. In this role, he/she will provide subject matter expertise, deep market insights and strategic guidance to business leaders by understanding their strategy, initiatives and plans. This person will be expected to deliver against an annual savings target.

Essential Functions:

This is a senior role within Visa’s Global Technology Sourcing organization and the responsibilities range from building relationships with Technology executives and working with stakeholders at all levels of the organization to drive strategic decision, to leading sourcing business partners to deliver savings while balancing the risks and regulatory issues from engaging third parties.

Key responsibilities include, but are not limited to the following

Relationship Building
- This role supports Visa’s Technology Sourcing Strategy and key stakeholders, both within and outside of Visa IT.
- Build strong relationships with business partners to drive Sourcing engagements and increase the influence/role of Sourcing within the various business teams. This person can expect direct visibility to senior executives including, but not limited to, Visa’s EVP of Technology, Technology Leadership Team members, product & client executives, and more.
- Regularly update executives at all levels of the company on deal status, category reporting, etc. Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal.
- Take a global view to ensure that Visa leverages its scale domestically and internationally.
Category Expertise
- Collaborate with Category teams and Visa Technology to establish the Supplier / Product Strategy for Network & Data Center as categories of spend at Visa.
- Understand the Visa Technology footprint, the long and short-term strategies and the suppliers within that landscape.
- Oversee the aligned categories. Understands the supplier impacts and effectively communicate to Sourcing executives and Technology stakeholders to inform risk/reward decision-making.
- Perform market analysis to support recommendations to the Technology teams.
- Drive a sustainable pipeline of activity and proactively engages Technology Business Partners to ensure proper runway.
- Maintain an understanding of the regulatory market as it impacts Visa Technology’s Network & Data Center strategy and market approach.
- This role will have global reach, high impact, and will be responsible for delivery of key program-level initiatives. The preferred candidate will bring a deep subject-matter expertise in hardware, software, and facilities sourcing.
Sourcing Capabilities - Commercial & Contract Negotiations
- Manage escalations. Support the Sourcing and Technology teams to negotiate and drive best-in-class deals for Visa. This role requires a strategic view and the willingness to execute on the day-to-day.
- Drive multi-vendor strategies to optimize Visa’s leverage and reduce operational risk. Execute RFx events to support Visa’s Technology organization.
- Perform savings tracking and report realized savings on a continual basis.
- Negotiate contract terms and conditions as a first line of defense, in partnership with Visa Legal, Data Privacy, Cybersecurity, and other teams.
- Take part in quarterly reporting, regularly recurring team meetings, and ongoing updates to direct reports, peers and leaders around the organization.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Average salary estimate

$135000 / YEARLY (est.)

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$120000K

$150000K

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What You Should Know About Director, Technology Sourcing, Network Engineering, Visa

Welcome to your opportunity as the Director of Technology Sourcing within Visa’s Network Engineering team, located in beautiful Highlands Ranch! In this vital role, you will be instrumental in managing Visa's end-to-end sourcing and procurement processes for technology, ensuring that we partner with suppliers that not only offer the best pricing but also maintain high quality while minimizing risks. Reporting directly to the Senior Director of Technology Sourcing, you’ll take charge of a substantial portfolio, overseeing expenditures exceeding $100M across critical suppliers. This position requires a mix of strategic vision and execution as you work closely with technology stakeholders to define their needs and deliver tailored sourcing solutions. You'll have the unique chance to build relationships with senior executives, providing valuable insights and strategic guidance, all while being at the forefront of Visa’s technology initiatives. Your expertise will encompass a deep understanding of market trends and category expertise, especially in network and data center sourcing. This isn’t just about crunching numbers; it’s about fostering collaborations that enhance our technology capabilities globally. You’ll also lead efforts in contract negotiations to ensure overall value for Visa while driving savings targets year-on-year. So, if you are a seasoned sourcing professional who thrives in a dynamic environment with a global reach, this may be your perfect fit. Join us at Visa and be part of a team that makes a significant impact on our technology landscape!

Frequently Asked Questions (FAQs) for Director, Technology Sourcing, Network Engineering Role at Visa

What are the key responsibilities of the Director of Technology Sourcing at Visa?

As the Director of Technology Sourcing at Visa, you will take on essential responsibilities such as managing a large portfolio of spend focused on technology, driving strategic sourcing engagements, and building relationships with stakeholders across various levels including senior executives. You'll ensure optimal supplier selection, oversee vendor negotiations, and provide market insights to support the Technology organization.