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Senior Director, Strategic Sourcing - Marketing - job 9 of 24

We are seeking a highly skilled and experienced Senior Director, Strategic Sourcing to lead the Media, Digital, Marketing Technologies, and Events & Sponsorships categories. This role will be instrumental in driving the sourcing strategy, managing agency relationships, and optimizing spend for all marketing-related services and products. Partnership and influence are key to this role as this person will work with Marketing Agency Management, Regional Marketing Sourcing Leads, and Visa agency relationship owners throughout marketing. The ideal candidate will have a deep understanding of marketing procurement, strong leadership skills, and a proven track record of delivering cost savings and value creation.

Essential Functions:

  • Develop and Implement Sourcing Strategies - Lead the development and execution of comprehensive sourcing strategies for the marketing category, including media planning & buying, digital marketing, MarTech services, and sponsorship & events services.
  • Agency / Supplier  Management - Establish and maintain strong relationships with key vendors and agencies. Together with Agency Management Team, represent a function-wide view to ensure Visa has a value-driven, comprehensive, fair and agile performance approach, incentive program and contract negotiation.
  • Category Management - Understand and interpret spend data, market trends, and supplier performance to identify opportunities for cost savings and process improvements. Provide oversight, guidance, and obtain buy in on category plans that align with business objectives from Marketing stakeholders.
  • Cross-Functional Collaboration - Work closely with marketing, finance, legal, and other internal stakeholders to understand business requirements, align sourcing strategies, and ensure seamless execution.
  • Risk Management- Identify and mitigate risks associated with the marketing supply base. Ensure continuity of supply and compliance with regulatory requirements. Ensure compliance with corporate policies and standards.
  • Negotiation - Strong negotiation skills, in complex environments that ensure the best deals and terms for the organization.
  • Decision Making - Ability to make informed decisions that can have a significant impact on the company's supply chain and financial performance.
  • Thought Leadership and Development - Lead, mentor, and develop a team of sourcing professionals directly and within the extended regional sourcing category team structure. Foster a culture of continuous improvement and innovation. Provide consultation, strategic oversight and council to global and regional agency owners in driving value, sharing best practices, and conflict resolution and remediation.
  • Accountable Compensation Program - Together with Marketing Agency Management, finance and agency owners, gather and consolidate required data to meet Visa KPIs across marketing objectives and 360 performance review for incentive compensation.

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

Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

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What You Should Know About Senior Director, Strategic Sourcing - Marketing, Visa

Are you ready to take the next big step in your career? At Visa, we are on the lookout for a Senior Director, Strategic Sourcing to spearhead our Media, Digital, Marketing Technologies, and Events & Sponsorships categories in Foster City. If you're a collaborative leader with extensive experience in marketing procurement, this could be the perfect role for you! In this position, you will be at the forefront of driving our sourcing strategy, keeping our agency relations well-managed, and maximizing our spend for all marketing-related services and products. Your knack for partnership and influence will shine as you work closely with Marketing Agency Management and our regional Marketing Sourcing Leads. You’ll dive deep into the data to uncover opportunities for savings and process improvements, ensuring our sourcing strategies are aligned with both business goals and stakeholder needs. With your strong leadership skills, you will also mentor and develop a talented team of sourcing professionals while fostering a culture of continuous improvement and innovation. This hybrid role offers flexibility, with the office days confirmed by your Hiring Manager, so you can create that perfect work-life balance. Join us and play a pivotal role in shaping the future of Visa’s marketing initiatives!

Frequently Asked Questions (FAQs) for Senior Director, Strategic Sourcing - Marketing Role at Visa
What are the responsibilities of the Senior Director, Strategic Sourcing at Visa?

The Senior Director, Strategic Sourcing at Visa will develop and execute sourcing strategies across various marketing categories including media and digital marketing. This role involves managing agency relationships, optimizing spend, and ensuring alignment with business objectives. Additionally, responsibilities include risk management and facilitating cross-functional collaboration.

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What qualifications are required for the Senior Director, Strategic Sourcing position at Visa?

Candidates should possess a deep understanding of marketing procurement and have proven leadership experience, along with strong negotiation skills in complex environments. A track record of delivering cost savings and value creation is essential, along with expertise in managing supplier relationships.

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How does the Senior Director, Strategic Sourcing collaborate with other teams at Visa?

The Senior Director, Strategic Sourcing will work closely with marketing, finance, and legal departments to align sourcing strategies with business needs. This role will enhance cross-functional collaboration to ensure seamless execution of marketing-related services and compliance with corporate standards.

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What leadership opportunities exist for the Senior Director, Strategic Sourcing at Visa?

As a Senior Director, you will lead, mentor, and develop a team of sourcing professionals, fostering a culture of continuous improvement and innovation. You will play a vital role in guiding and providing strategic oversight to global and regional agency owners at Visa.

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What can candidates expect from the work environment in the Senior Director, Strategic Sourcing role at Visa?

This hybrid position allows for a flexible work environment. The expectation of in-office days will be confirmed by your Hiring Manager, providing a balanced approach to work-life integration while advancing your career in a dynamic team at Visa.

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Common Interview Questions for Senior Director, Strategic Sourcing - Marketing
Can you describe your experience with developing sourcing strategies in marketing?

Talk about specific strategies you have developed for marketing procurement, mentioning the categories you've managed. Highlight your data-driven approach and how you aligned sourcing strategies with business objectives.

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How do you manage relationships with agencies and suppliers?

Share examples of how you've built and maintained strong relationships with agencies. Focus on your communication skills, commitment to transparency, and how you've negotiated better terms to foster trust.

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What are some key metrics you consider when evaluating supplier performance?

Discuss metrics such as cost savings, compliance, quality of service, and responsiveness. Offer insights on how these metrics have influenced decisions in your previous roles.

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How do you identify and mitigate risks within the marketing supply chain?

Explain your risk assessment process by providing a particular scenario where you proactively identified a risk in the supply chain and the steps you took to mitigate it.

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Describe your leadership style when mentoring sourcing professionals.

Speak about your approach to mentorship, focusing on empowerment, providing constructive feedback, and fostering an environment of continuous improvement that allows team members to thrive.

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Can you provide an example of a successful negotiation you've conducted?

Detail a specific negotiation where you achieved favorable terms. Highlight the preparation, strategy, and the result, focusing on what made it successful.

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How do you ensure compliance with corporate policies in sourcing?

Discuss your methods for staying updated on corporate policies and how you implement training and oversight within your team to ensure adherence to these standards across all sourcing activities.

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What challenges have you faced in marketing sourcing, and how did you overcome them?

Describe a particular challenge — whether it was supplier-related, budget constraints, or stakeholder alignment — and detail the steps you took to overcome it, focusing on your problem-solving skills.

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How do you align sourcing strategies with overall business objectives?

Illustrate your method for gathering insights from various business units to understand their objectives and how you've adapted sourcing strategies to meet those goals effectively.

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What role does data analysis play in your sourcing decisions?

Emphasize the importance of data analysis in identifying trends, forecasting needs, and making informed decisions. Provide an example of how data analysis directly impacted a sourcing outcome.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
April 21, 2025

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