Senior Strategist

Description:

Lincoln Financial is seeking a Senior Supplier Relationship Management (SRM) Strategist to drive enterprise-wide supplier governance and relationship initiatives from their Radnor, PA office in a hybrid setting (3 days onsite preferred). This strategic position plays a critical role in aligning vendor performance with enterprise goals, improving contract oversight, managing escalations, and strengthening collaboration between Lincoln and its external suppliers.

The ideal candidate will serve as a subject matter expert on supplier governance, performance monitoring, and contract deliverables while fostering strategic partnerships and optimizing vendor relationships for value creation and cost efficiency.

Key Responsibilities:

• Serve as the escalation point for vendor performance issues and manage the quality of supplier interactions.

• Monitor and ensure delivery of contracted commitments including SLAs, pricing, and termination clauses.

• Implement and lead SRM governance processes across business units.

• Coordinate across Legal, IT, Compliance, TPRM, and internal VMOs to align on goals and compliance.

• Utilize digital tools and platforms to track supplier performance and manage data.

• Evaluate supplier spend and help drive cost reduction through strategic analysis and negotiations.

• Develop and maintain balanced scorecards to monitor SLA and KPI compliance.

• Lead cross-functional collaboration to ensure vendor innovation aligns with business needs.

• Recommend and direct process improvements for efficiency, risk reduction, and enhanced service delivery.

• Provide consultative support to business units on complex procurement and relationship challenges.

Required Qualifications:

• Bachelor's degree or equivalent experience required.

• 5–7+ years of experience in supplier relationship management or related fields such as strategic sourcing or vendor governance.

• Demonstrated success in managing cross-functional teams and complex vendor portfolios.

• Strong analytical, verbal, and written communication skills.

• High adaptability in a fast-changing environment.

• Experience managing internal stakeholder expectations and facilitating senior-level discussions.

Additional Information:

• Pay Range: $93,300 – $169,700 annually (approx. $7775–14141/month).

• Additional compensation may include bonuses and long-term incentives based on performance.

• Application Deadline: July 31, 2025 (subject to early closure depending on volume).

• No relocation assistance is available.

• Hybrid role preferred (3 days/week onsite).

Employee Benefits:

• Defined career paths and leadership training.

• PTO, parental leave, and tuition assistance.

• Competitive 401(k) plan with match.

• Free financial counseling and health coaching.

• Inclusive, collaborative work environment.

• Access to cutting-edge productivity tools.