Strategic Procurement and Transformation Executive Director presso Information Technology
Information Technology · Jersey City, Stati Uniti d'America · Hybrid
- Senior
- Ufficio in Jersey City
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC’s competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC’s competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The Impact you will have in this role:
As a member of the Chief Financial Office, the Strategic Procurement & Transformation Executive Director, will play a critical role in shaping the future of DTCC's strategic sourcing and procurement function. Reporting directly to the Chief Procurement Officer, this leader will drive the transformation of procurement and strategic sourcing processes, technology enablement (including advanced analytics and generative AI), and procurement strategy to deliver sustainable value, efficiency, and risk mitigation across the enterprise. This role is pivotal in redesigning the operating model, implementing next-generation procurement technologies and processes, and embedding best-in-class practices that align with DTCC's strategic objectives.
Your Primary Responsibilities:
- Lead the design and execution of DTCC’s procurement transformation roadmap, including process optimization, digital enablement, and procurement strategy.
- Drive the integration of generative AI and advanced analytics to automate processes, enhance decision-making, and unlock new value in procurement operations.
- Partner with senior leadership to align procurement transformation initiatives with business objectives and financial goals.
- Implement and champion procurement technologies (e.g., e-sourcing, contract lifecycle management, AI-driven analytics) to enhance efficiency and transparency.
- Develop and implement strategies to optimize supplier relationships, improve performance, and mitigate risk.
- Collaborate closely with the Third-Party Risk Management team to ensure supplier onboarding, monitoring, and compliance processes are embedded into the new procurement operating model.
- Establish governance frameworks, critical metrics, and reporting mechanisms to measure transformation success and ensure continuous improvement.
- Serve as a change champion, fostering a culture of innovation and collaboration across the procurement organization and business partners.
- Collaborate with Finance, Legal, Risk, and IT to ensure compliance, operational excellence, and alignment with regulatory requirements.
- Provide thought leadership on emerging trends in procurement, digital transformation, and supplier management.
- Fosters a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk
Qualifications:
- Minimum of 15 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
- 10–15 years of experience in procurement, strategic sourcing, and transformation leadership within a global organization.
- Proven track record in leading large-scale procurement transformation initiatives, including process redesign and technology implementation.
- Strong expertise in supplier strategy, category management, and procurement operating models.
- Demonstrated experience using AI technologies (including generative AI) to drive procurement innovation and efficiency.
- Exceptional communication and team member management skills, with the ability to influence at all levels.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. 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.
About Company
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Company
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.
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