at Northern Trust Company in Chicago, Illinois, United States
Job Description
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
This role reports to the Chief Procurement Officer (CPO) and is the Chief Administration Officer (CAO). The CAO works closely with the CPO and will assist with strategic planning, staffing management, project management budgets, and department communications.
The CAO will sit on the Global Procurement leadership team and act as a point of contact for the CPO by facilitating leadership meetings, overseeing department projects and key initiatives, managing the department communication plan, and guiding staff. The focus on the role is on execution of strategic direction of the groups function activities. The CAO carries out complex initiatives involving multiple disciplines and/or ambiguous issues. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
Job Description:
Strategic Planning
- Participates in developing the Global Procurement strategic plan; sets goals and priorities based on the direction and follows through to ensure that objectives are met.
- Along with leadership, performs market analysis, benchmark and or peer comparison to transform and optimize the vision of a best in class organization.
- Orchestrates 3 year Strategic Delivery Roadmaps aligned to North Star, best in class organizational objectives.
Staff Management
- Provides guidance to internal staff on behalf of the CPO to ensure alignment and accountability.
- Assists with escalation management to ensure clear path of resolution.
- Orchestrates leadership team meeting agenda, and tracks meeting outcomes to completion.
- Leads department recognition programs, encourages positive and inclusive partner experience focusing on participation, teamwork and communication.
- Supports the department talent management and succession planning efforts in partnership with the leadership team.
Portfolio and Project Management
- Ownership of project intake and prioritization processes aligned to strategic priorities.
- Directs the development of programs, policies and best practices, and corporate/administration services to enhance the procurement function.
- Provides oversight of Key Initiatives reporting and metrics to ensure progress towards strategic priorities.
- Leads strategic projects as directed by the CPO.
Financial Management
- Manages and oversees the financial plans and processes for the global teams on budget and tracking, capital and expense.
- Supports organization headcount management and staffing plans aligned to the financial plan.
Communication Plans
- Develops and executes a comprehensive internal department communication plan and company-wide marketing campaign (including branding and communication) aligned to the global procurement 3 year roadmap.
- Organizes department townhalls, training, and enrichment activities to ensure alignment to strategic priorities and ongoing partner development....
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
