General information
Ref # 22090
Remote? No
Ally and Your Career
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Ally Financial only succeeds when its people do - and that's more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You're constantly evolving, so shouldn't your opportunities be, too?
The Opportunity
As a member of the Ally Supply Chain (ASC) Sourcing organization, this position will have primary responsibility for leading sourcing and contracting initiatives across our Enterprise Functions, specifically focused on supporting our Human Resources line of business.
Responsible for partnering with stakeholders to establish integrated sourcing teams, define business requirements, perform market analyses, review risk assessments, formulate sourcing strategies, and execute objective, fact-based sourcing initiatives to optimize total cost of ownership. This position will also ensure complete, accurate and proactive management of all contract inventories, P2P system/project updates, data quality metrics, service levels, supplier risk assessments, and sourcing events.
At this time, Ally will not sponsor a new applicant for employment authorization for this position.
The Work Itself
Lead end-to-end sourcing and procurement activities, ensuring all supplier agreements align with company legal standards, including review and negotiation of contractual terms and conditions (T&Cs).
Draft, evaluate, and negotiate commercial contract language (e.g., pricing, payment terms, delivery/Incoterms, warranties, limitation of liability, indemnification, confidentiality, and termination clauses) in partnership with Legal and key stakeholders.
Responsible for procurement activities in direct support of Enterprise Function Lines of business.
Identify and collaborate with a variety of internal colleagues and workgroups critical to implementing sourcing initiatives, negotiating contracts, leading third-party relationships and onboarding/offboarding supplier partners.
Support business lines in the end-to-end management of supplier relationships, including managing expiring contracts and negotiating renewals.
Develop and maintain strong working relationships with internal business partners
Lead multiple, low to medium complexity projects as an individual contributor
Lead/facilitate effective fact-based negotiation strategies to enhance contract benefits and mitigate risk
Work with business units to improve compliance and optimize spend against established contracts and supplier programs
Support the business line in managing relationships with suppliers and support constructive handling or resolution of issues and disputes
Support and enable supplier risk management activities
Identify and lead continuous improvement opportunities
Create an environment that encourages innovation, integrity and teamwork
The Skills You Bring
Minimum Qualifications
3+ years of experience
High School Diploma or GED equivalent
Preferred Qualifications
Highly preferred: 3+ years of sourcing, negotiation, and other relevant procurement experience with demonstrated experience leading end-to-end sourcing and procurement cycles, including supplier selection, award, and agreement finalization in alignment with corporate legal standards and contractual terms and conditions (T&Cs)
Highly preferred: Proven ability to draft, review, and negotiate commercial contract terms (pricing, payment, delivery/Incoterms, warranties, limitation of liability, indemnification, confidentiality, termination) in close partnership with Legal and cross-functional stakeholders
Highly preferred: Experience leading sourcing projects, running or supporting competitive sourcing events, facilitating vendor pitches, and negotiating third-party supply contracts with best-in-class results
Highly preferred: Demonstrated proficiency in understanding business needs, performing business and industry analysis, financial analysis, supplier selection and management, contract negotiations, conflict management, decision making, and critical thinking
Bachelor's degree
Previous experience working in a procurement role in financial services
Analytical ability with relevant experience developing, analyzing and presenting cost models, business cases, and strategic plans using Excel and PowerPoint
Strong cross-functional relationship builder with excellent written and verbal communication skills; experience supporting multiple stakeholders, prioritizing competing workstreams, and coordinating with teams to meet deadlines
Thrives in dynamic environments; flexible, detail-oriented, and action-oriented - able to work independently or collaboratively with high energy and motivation
LI-Hybrid
How We'll Have Your Back
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Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally's total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:
Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
Who We Are:
Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.
Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.
Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.
We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
Base Pay Range:
An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.
Emerging: 70000
Experienced: 95000
Expert: 120000
Incentive Compensation: This position is eligible to participate in our annual incentive plan