Your opportunity
Director, Sourcing Emerging Technologies & Operational Capabilities_ Corporate Vendor Management Director
Our Opportunity:
Corporate Vendor Management (CVM) at Charles Schwab & Co. is responsible for implementing a firm-wide, end-to-end vendor relationship management process to maximize vendor performance and value. CVM provides category management and strategic sourcing as well as identifies, mitigates, monitors, and manages vendor risk; and assists Schwab in meeting regulatory and compliance requirements.
Role Overview:
Reporting to the Managing Director of Strategic Sourcing, this new Director role is responsible for identifying new means to support the firm's existing and emerging products and capabilities being delivered as part of Schwab's growth strategy. You will build a cohesive team focused on advancing Sourcing's ability to deliver next-generation sourcing capabilities to achieve competitive advantage, resilience, and long-term value for our partners. This position will be responsible for Sourcing readiness for new capabilities (e.g., AI, crypto) and operating models (e.g., business, legal); maximizing partnerships with third parties to deliver valuable outcomes for Schwab; cultivating a culture of collaboration within the organization; fostering strong relationships with various Schwab stakeholders; and leveraging data, tools and insights to inform decisions to achieve business goals.
Model Schwab's leadership imperatives:
Connect team objectives to Schwab's strategy to inspire your team to take action.
Ruthlessly prioritize the work achieving the greatest impact for the firm.
Collaborate with others to break down barriers and accomplish shared goals.
Embrace challenges with courage and model resiliency to seize new opportunities.
Communicate with care, kindness, and clarity to create a space where everyone can do their best work.
Develop yourself and others through coaching, feedback, and growth expectations.
Promote curiosity, seek continuous feedback, and encourage bold perspectives to challenge the status quo.
Key Outcomes:
Support CVM's vision and mission and model our values to lead the team to realize our goals.
Coach and mentor team members, with a clear approach to leadership and development of people and transformation of the functions
Use data and other resources to identify insights and inform recommendations for vendor proposals and business decisions
Leverage relationships, industry connections and sourcing expertise to influence strategy and direction
Identify opportunities for system enhancements or new technologies, such as AI capabilities, that can improve the efficiency and effectiveness of sourcing and procurement processes
Coordinate closely with relevant CVM project teams and working groups to ensure a cohesive approach to enhancing Sourcing tools, technologies and data management
Provide framework for managing commercial terms, including training resources and streamlining contract templates to support adoption
Understand and ensure team adheres to Schwab and CVM policies and procedures
What you have
Required Experience:
10+ years of experience in procurement, category management, strategic sourcing, and/or vendor management
5+ years of successfully leading and developing a team of engaged employees, with experience leading geographically dispersed team members
Proven track record of building effective working relationships with internal stakeholders, senior level business partners and external partners
Demonstrated experience collaborating across cross-functional, diverse teams
Desire and motivation to learn new skills and expand knowledge to improve job performance, team, and functional capabilities
Superior analytical and critical thinking skills
Strong financial and business acumen and demonstrated growth mindset who embraces challenges, is solution-oriented and takes initiative to address opportunities
Preferred Experience:
Strong attention to detail and ability to see downstream impacts
Flexible and adaptable in leading and implementing change
Outstanding communication skills, both written and verbal, with demonstrated ability developing materials and effectively presenting to senior audiences
Comfort dealing with ambiguity and ability to manage multiple projects in a fast-paced environment with minimal direction
Passion for learning about new technical capabilities and platforms to realize efficiencies and evolve how Sourcing executes its responsibilities
Ability to serve as a change catalyst, enabling agile, intelligent and sustainable sourcing practices aligning with Schwab's broader growth and transformation objectives
Proven record of tracking, measuring, and delivering results
Expert user of PowerPoint, Work and Excel
Expertise with sourcing tools, contract management systems, and technology solutions relevant to sourcing
Bachelor's degree or equivalent experience; Advanced degree preferred
Professional accreditation in sourcing, procurement or supply management is a plus
What's in it for you
At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration-so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you - both today and in the future:
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
What's in it for you:
At Schwab, we're committed to empowering our employees' personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you'll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you - both today and in the future:
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.
