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Vice President, Global Strategic Sourcing

Calling all innovators – find your future at Fiserv.

We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we’re involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Vice President, Global Strategic Sourcing

What does a successful Vice President, Global Strategic Sourcing do? 

In this role, you will lead strategic sourcing and procurement activities on a global scale across a broad range of spend categories including: Corporate Services (Marketing, HR, Call Center, Tax/Audit etc.), COGS (Point-of-Sale (POS) Hardware, Plastics, Paper/Print, Freight/Logistics, etc.), Physical Security, Aviation, and more. Your mission will be to support Fiserv’s strategic business objectives and maximize value realization through well-managed supplier relationships. While leading a team of experienced Sourcing professionals, you will partner with stakeholders across the enterprise to develop and execute sourcing strategies to deliver best-in-class solutions, control expense, and mitigate risk.

What you will do:

  • Lead and manage a team of sourcing professionals, providing guidance and mentorship to promote professional development.
  • Utilize subject matter expertise across a wide range of procurement categories to make informed decisions on $1.5B in vendor spend.
  • Collaborate with cross-functional teams to understand business requirements and align sourcing strategies with Fiserv business objectives.
  • Identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships to ensure optimal quality, cost, and delivery performance.
  • Build and maintain strong relationships with internal stakeholders and external suppliers to ensure strategic alignment.
  • Monitor market trends and industry developments to identify opportunities for cost savings and innovation.

What you will need to have:

  • 10+ years of experience in strategic sourcing, procurement category management, negotiation, competitive bidding, contract management, and supplier relationship management.
  • 5+ years of experience in team leadership roles.
  • Bachelor’s degree or an equivalent combination of education, work, and/or military experience.

What would be great to have:

  • 12+ years of experience in sourcing, procurement, finance, or other business-related areas.
  • Master's degree in supply chain management or a related field.
  • Experience in a global sourcing and vendor management organization.
  • Certification(s) in procurement or supply chain management (e.g., CPSM, CSCP).

Important info about this role:

  • We’re better together. This role is fully on-site.
  • In order to be considered, you must be legally authorized to work in the U.S. without need for sponsorship now or in the future.
  • This is a full-time, direct-hire position, and no contract options for unsolicited agency submissions will be considered.

Perks at Work:

  • We’re #FiservProud of our commitment to your overall well-being with a growing offering of physical, mental, emotional, and financial benefits from day one.
  • Maintain a healthy work-life balance with paid holidays, generous time off policies, including Recharge & Refuel time for qualifying associates, and free counseling through our EAP.
  • Plan for your future with competitive salaries, the Fiserv 401(k) Savings Plan, and our Employee Stock Purchase Plan.
  • Recognize and be recognized by colleagues with our Living Proof program where you can exchange points for a variety of rewards.
  • Prioritize your health with a variety of medical, dental, vision, life and disability insurance options and a range of well-being resources through our Fuel Your Life program.
  • Advance your career with training, development, certification, and internal mobility opportunities.
  • Join Employee Resource Groups that promote our diverse and inclusive culture where associates can share perspectives, exchange ideas, and elevate careers.

#LI-JF1

This role is not eligible to be performed in Colorado, California, District of Columbia, Hawaii, Illinois, Maryland, New York, Nevada, Rhode Island or Washington.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

Please note that salary ranges provided for this role on external job boards are salary estimates made by outside parties and may not be accurate.

Thank you for considering employment with Fiserv.  Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

What you should know about us:

Fiserv is a global leader in payments and financial technology with more than 40,000 associates proudly serving clients in more than 100 countries. As one of Fortune® magazine's "World's Most Admired Companies™" 9 of the last 10 years, one of Fast Company’s Most Innovative Companies, and a top scorer on Bloomberg’s Gender-Equality Index, we are committed to innovation and excellence. 

Our commitment to Diversity and Inclusion:

Fiserv is an Equal Opportunity Employer, and we welcome and encourage diversity in our workforce that reflects our world. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by law. 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information.

Any communications from a Fiserv representative will come from a legitimate business email address. We will not hire through text message, social media, or email alone, and any interviews will be conducted in person or through a secure video call. We won’t ask you for sensitive information nor will we ask you to pay anything during the hiring process. We also won’t send you a check to cash on Fiserv’s behalf.

If you see suspicious activity or believe that you have been the victim of a job posting scam, you should report it to your local FBI field office or to the FBI’s Internet Crime Complaint Center.

Average salary estimate

$160000 / YEARLY (est.)
min
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$120000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Global Strategic Sourcing, Fiserv

Are you ready to take your career to the next level? Fiserv is looking for a Vice President, Global Strategic Sourcing to join our dynamic team in Alpharetta, Georgia. As a leader in the Fintech and payments industry, we are dedicated to connecting financial institutions, corporations, merchants, and consumers like never before. In this pivotal role, you will oversee strategic sourcing and procurement activities across various spend categories, including corporate services, COGS, physical security, and aviation among others. Your expertise will guide a talented team of sourcing professionals as you partner with different stakeholders to craft innovative sourcing strategies that align with our business objectives. Not only will you negotiate contracts and evaluate suppliers, but you'll also play a key part in fostering strong relationships, ensuring optimal quality and cost-effectiveness. With your extensive experience in strategic sourcing and team leadership, you'll help us leverage $1.5B in vendor spend to drive value and mitigate risk. If you have a passion for collaboration, a knack for problem-solving, and a vision for innovation, we want you at Fiserv! Join us at a company that has been recognized as one of the World's Most Admired Companies and is committed to your well-being with a range of perks and a diverse, inclusive culture. Let's innovate together!

Frequently Asked Questions (FAQs) for Vice President, Global Strategic Sourcing Role at Fiserv
What are the main responsibilities of the Vice President, Global Strategic Sourcing at Fiserv?

The Vice President, Global Strategic Sourcing at Fiserv is responsible for leading strategic sourcing and procurement activities globally, covering a variety of spend categories. This includes managing a team of sourcing professionals, collaborating with cross-functional teams, negotiating contracts, and fostering supplier relationships to maximize value and minimize risks.

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What qualifications do I need to apply for the Vice President, Global Strategic Sourcing position at Fiserv?

To apply for the Vice President, Global Strategic Sourcing role at Fiserv, you should have at least 10 years of experience in strategic sourcing and procurement, including 5 years in leadership roles. A Bachelor’s degree is required, with a Master’s degree and relevant certifications being highly desirable.

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How does Fiserv support the career development of its Vice President, Global Strategic Sourcing?

Fiserv is committed to the professional growth of its employees, including the Vice President, Global Strategic Sourcing. We offer robust training and development programs, opportunities for certification, and internal mobility to help you advance in your career and deepen your knowledge in strategic sourcing and procurement.

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What type of work environment can a Vice President, Global Strategic Sourcing expect at Fiserv?

The Vice President, Global Strategic Sourcing role at Fiserv is fully on-site, promoting collaboration and teamwork. Our work environment is inclusive and supportive, fostering innovation and work-life balance, ensuring that you can thrive in both your professional and personal life.

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What makes Fiserv a great place to work for a Vice President, Global Strategic Sourcing?

Fiserv is a top-rated company in the Fintech industry, known for our commitment to diversity, innovation, and employee well-being. As a Vice President, Global Strategic Sourcing, you will play a crucial role in shaping our procurement strategies while benefiting from a competitive salary, comprehensive benefits, and a supportive culture that values your contributions.

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Common Interview Questions for Vice President, Global Strategic Sourcing
Can you describe your experience with strategic sourcing in previous roles?

When answering this question, outline specific experiences where you have led sourcing initiatives, detailing the categories you managed, the outcomes achieved, and how your strategies improved cost efficiencies or supplier relationships.

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How do you approach supplier relationship management?

Share your methodology for building and maintaining relationships with suppliers, including examples of how you have negotiated terms and maintained performance metrics to ensure value delivery in previous roles.

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What strategies do you employ to mitigate risks in sourcing?

Discuss how you identify potential risks in supply chains and sourcing processes, and the proactive measures you've implemented to mitigate these risks, such as diversifying supplier bases or increasing compliance monitoring.

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Give an example of a successful sourcing project you led and the impact it had.

Use this opportunity to detail a specific project, outlining the challenges faced, the methods adopted, and the positive results, how the project supported company objectives, and what you learned from that experience.

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How do you keep up with market trends relevant to global sourcing?

Detail your methods for staying informed about industry trends, such as attending conferences, networking with other professionals, or following relevant publications, and give examples of how this has influenced your sourcing strategies.

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What is your experience with team leadership and developing sourcing professionals?

Explain your leadership style and how you have helped develop members of your team, including coaching approaches, mentoring practices, and any training programs you've implemented to foster growth and collaboration.

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How do you align sourcing strategies with overall business goals?

Discuss the process you follow to ensure that the sourcing strategies you develop not only meet procurement needs but also align with broader organizational objectives, putting emphasis on collaboration with various departments.

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What tools or software are you experienced with in strategic sourcing and procurement?

Mention any specific procurement software or tools you have experience with, providing insights on how utilizing these tools has streamlined processes or improved the outcomes of sourcing initiatives.

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Describe a situation where you had to negotiate a challenging contract. How did you handle it?

Highlight a specific negotiation scenario, focusing on how you prepared for it, the strategies you employed, and the final outcomes, emphasizing your ability to navigate complex discussions and achieve favorable terms.

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How do you ensure compliance with sourcing regulations and standards?

Outline your approach to maintaining compliance within sourcing efforts, including regular audits, training for your team, and establishing clear policies that adhere to legal and company standards.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 29, 2025

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