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Manager, Strategic Sourcing - Treasury and Financial Services

7-Eleven
6 hours ago
Full-time
On-site
Irving, TX, United States
LinkedIn

7-Eleven is an iconic family of brands with over 86,000 locations, surpassing every retailer in the world. We revolutionize convenience, restaurants and fuel through cutting edge innovation — working hard to be the customer's first choice. 7-Eleven empowers our employees to "activate awesome" and make a meaningful impact in their stores and communities every day. If you're ready to grow, lead and make a difference, come join our team and help shape the future of convenience. Job Summary The Strategic Sourcing Manager is an experienced sourcing professional that oversees all sourcing/procurement related activities and processes for the Treasury, Payments and Financial Services. This includes managing sourcing activities with banking, payment processing, kiosk, digital payment, and gift card partners. The role will facilitate gathering requirements, creating and issuing Requests for Proposal (RFPs), proposal evaluation, contract negotiations, process oversight, contract drafting and administration. The Sourcing Manager defines sourcing/procurement strategies, leveraging data-driven insights to support decisions that reduce costs, reduce risks, and create value for 7-Eleven. This role is responsible for implementing procurement best practices, developing sourcing strategies, managing contract life cycles, and building supplier relationships in support of 7-Eleven's key initiatives and objectives. KEY DUTIES AND RESPONSIBILITES Facilitate alignment with Treasury, IT/Product, Finance, Legal, Accounting, Operations, and business leaders to define sourcing priorities, business requirements, technical needs, financial objectives, and compliance considerations. Develop data-driven sourcing strategies and recommendations using spend, supplier pricing, transaction volumes, revenue impact, payment terms, operational requirements, risk exposure, and total cost of ownership. Support supplier identification, market research, RFx development, proposal evaluation, supplier shortlisting, negotiation strategy, and contract development for Treasury, payments, gift card, kiosk, prepaid, loyalty, promotional, and financial services programs. Facilitate supplier and stakeholder coordination with banking partners, payment processors, technology providers, and program partners to support implementation, testing, certification, rollout planning, issue resolution, transition activities, supplier accountability, and business continuity. Monitor market, regulatory, payment, technology, and supplier trends affecting Treasury, Payments and Financial Services programs, including payment processing, stored value, prepaid products, kiosk capabilities, digital payments, fraud prevention, and financial services offerings. Support supplier evaluation and risk review across capabilities, financial stability, security posture, technology readiness, implementation capacity, operational fit, compliance requirements, and service, quality, certification, and timing commitments. Support supplier governance and executive reporting, including attending business reviews, scorecards, issue escalation, risk summaries, decision materials, approvals needed, and recommended next steps. Support internal collaboration, mentoring, and development of sourcing team members, as applicable, through knowledge sharing and guidance on sourcing strategy, stakeholder coordination, supplier negotiations, project execution, and professional development. KEY LEADERSHIP COMPETENCIES Strong communication, organization, influencing, facilitation, coaching, and stakeholder management skills, with the ability to work independently and align executive leadership, business stakeholders, external suppliers, banking partners, payment processors, technology providers, program partners, and cross-functional teams. Ability to build the case for change, support stakeholder adoption, assess risks, analyze root causes, and develop practical recommendations with internal and external stakeholders. Supports i…

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