Director Category Management

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Job Summary

The Director, Category Management is responsible for operational success, strategic alignment and integration of activities for all matters related to one or more categories with addressable spend in excess of $400M. Fully accountable for the success of the categories with key cost efficiency targets that are reported up through senior leadership. Lead a team of Procurement professionals either directly or through a Matrix structure responsible for performing sourcing related tasks to carry out category and supply management framework and methodology. Ensure program is aligned with the established Enterprise Procurement, Supplier Management and Contract Lifecycle Management framework, policies and regulatory requirements. Effectively communicate at all levels of the organization. Interface with senior management to develop category management plans and to drive cost efficiency targets.

Job Description

Essential Job Functions:

Category Strategy: Develop category strategies by assessing business needs to determine an appropriate multi-year category approach. In order to develop category strategies this team will leverage frameworks and tool sets in the areas of Category Management, Supplier Relationship Management, and Contract Lifecycle Management. Ensure that the Category Strategy is consistently deployed within the business by leading a team of business partners, analysts and /or collaborating with sourcing leads and other peers. Establish strong relationships with internal business stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned spend categories.

Talent Management: Hiring and developing the category strategist role; this role will be heavy in category reporting and spend analytics based on senior leadership's key requirements, Managing an Attorney who is setting up with technology in a multiple phase approach and driving the Contract Lifecycle Management (CLM) framework across the enterprise. Lead and develop a high performing team of three to four direct reports; motivate team members to enhance productivity and deliver value to our business units

Negotiations: Lead complex sourcing projects including RFx, negotiations with the ability to draft contractual language; support on-boarding and training process through collaboration with Legal. Develop roles and responsibilities associated with Procurement and Legal during the contracting phase. Responsible for developing actionable business terms that directly correlate to the satisfaction of Senior Leadership and to ensure overall supplier relationship success. Collaborate with business and legal for delivering actionable results.

Reporting: Foster and build reports that help the leader drive efficiency within their category will be the foundation of other strategic procurement initiatives. Strong understanding of the category market conditions and intelligence reporting in order to develop addressable opportunities in the areas of sourcing, demand management, contracts negotiations etc; need to ensure that cross-business unit collaboration exists during supported and approved initiatives. Clearly articulate and present improvement opportunities to Senior Leadership including C-Level management.

Relationship Management: Maintain and build new relationships with cross-functional groups, specialist and Business Unit stakeholders; provide excellent customer service, Manage and foster the development of strategic vendor relationships, Develop strategies and tactics to optimize contract lifecycle management process with vendors and clients, Build out the CLM framework in two key areas, contract management and vendor negotiations. Perform special projects as assigned. Champion the Category Strategy and Strategic Sourcing framework with all LOBs; responsible for maturing Category Management and CLM frameworks, process, and policies.

Building Relationships: Work with business and finance leaders to identify and drive efficiencies through agreed upon framework associated with tracking and accounting for savings/efficiencies across the organization. Responsible for reporting the savings through executive dashboard tracking based on approved efficiency targets. Provide guidance to internal stakeholders on procurement strategies and maintain procurement ethics in accordance with Company's Global Policies and Frameworks.

Market Trends/Benchmarking: Develop, implement and manage robust market analysis/benchmarking processes; leverage key insights to inform and support the category strategy development process. Evaluate supplier core competencies and competitive positioning using industry cost models and benchmarking analysis.

Reports to:VP or above

Working Conditions/ Physical Requirements: Normal office environment. Required to work from the office at least 5 days each month even if hired into a work-at-home or hybrid role; in-office work requirement can be accomplished by working from a Bread Financial office, a client location if you are in a client-facing role, or other necessary business-related travel.

Ability to travel 25% of time if not located near Bread Financial office

Direct Reports:up to 6

Minimum Qualifications:

Bachelor's Degree in Business Administration, Finance, Management, Supply Chain or related discipline preferred

Fifteen or more years of experience in progressively challenging roles in managing indirect categories including, but not limited to Professional Services, Print/Marketing and Technology. Within this experience a minimum of five years equivalent to a Senior Manager-level role managing one or more of the aforementioned categories.

Hands-on leader able to drive a number of major, complex cost reduction projects while simultaneously providing leadership to direct reports who are likewise driving critically important projects in indirect categories.

Strong understanding of vendor sales and pricing models, as well as support and maintenance services. Must have demonstrated ability to effectively manage strategic relationships on a global basis with Tier 1 and 2 suppliers, including proven ability to engage strategically at the VP and C-level with key suppliers.

Experience in defining and driving key aspects of supply chain operational excellence in a global, multi-Line of Business environment - including demand planning, forecasting, maintenance optimization, performance measurement and optimization.

Preferred Experience:

Master's degree in Business Administration, Finance, Management, Supply Chain or related discipline

Salary Range:

$125,100.00 - $340,900.00

The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.

Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26. New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period). Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period. Hired associates can immediately enroll in Bread Financial's 401(k) plan.

All associates receive 11 paid holidays. Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off. Associates receive 80 hours of Paid Sick and Safety Time per calendar year at the beginning of each year and is prorated in the associate's first year of employment.

Hired associates will be able to elect to purchase company stock during offering periods in June and December. You will be eligible for an annual incentive bonus based on individual and company performance.

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About Bread Financial

At Bread Financial, you'll have the opportunity to grow your career, give back to your community, and be a part of our award-winning culture. We've been consistently recognized as a best place to work in many markets and we're proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled-both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.

Bread Financial is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive product suite, including private label and co-brand credit cards, installment lending, and buy now, pay later (BNPL). Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded Bread Cashback American Express® Credit Card and Bread Savings products.

Headquartered in Columbus, Ohio, Bread Financial is powered by its 6,000+ global associates and is committed to sustainable business practices.

• Bread Financial offers competitive pay, a comprehensive selection of benefit options including 401(k).
• The Company is an Equal Opportunity Employer.
• Any applicant offered employment will be required to establish that they are legally authorized to work in the United States for the Company.
• The Company participates in E-Verify.
• The Company will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.
• The Company complies with the Americans with Disabilities Act (ADA), as amended, and all applicable state/local laws. The Company will provide accommodations to applicants needing accommodations to complete the application process. Applicants with disabilities may contact the Company to request and arrange for accommodations. If you need assistance to accommodate a disability, you may request an accommodation at any time. Please contact the Recruiting Team at [email protected].

Job Family:

Purchasing

Job Type:

Regular