Okay, I've searched for VP, Sourcing roles in Charlotte, NC within the Financial Services industry, for full-time positions, requiring 7+ years of experience, with a starting salary of $110,000 annually. I have found 24 positions for you.

Sure. Here's the analysis:

Job Analysis:

The VP, Sourcing role at Synchrony is fundamentally designed to lead and optimize the sourcing of products and services critical to the Growth Marketing function, ensuring cost-efficiency, supplier reliability, and alignment with broader business objectives. This senior leadership position requires ownership over the entire sourcing lifecycle—from strategy formulation through rigorous supplier negotiations and contract management, to execution and compliance monitoring. The role demands a deep understanding of market trends and supplier landscapes to drive continuous cost savings, foster innovation, and maintain seamless supply continuity, which are essential in a fast-paced and ever-evolving industry like financial services marketing. Success is measured not only by hitting aggressive cost reduction and supplier consolidation targets but also by strong partnership-building across internal teams (legal, marketing, finance) and external vendors, which enables agile, transparent communication and problem-solving. With a significant emphasis on using sourcing technology platforms like Coupa and managing cross-functional project initiatives, the role requires a balance of strategic foresight, operational discipline, and strong commercial savvy to influence stakeholders and deliver tangible bottom-line impact. The VP must be comfortable navigating ambiguity, shifting priorities, and managing complex contracts while adhering to compliance standards specific to the financial services sector.

Company Analysis:

Synchrony occupies a pivotal role in the consumer financing market as a trusted provider enabling millions of customers to access essential products and services through smart credit solutions. Positioned as a major player with a broad ecosystem that actively connects consumers and thousands of small- to mid-sized businesses, Synchrony blends a mission-driven approach with innovation and scale. The company’s culture, as reflected in its emphasis on diversity, inclusion, and flexibility, suggests an environment that values collaboration, strategic thinking, and agility. For a VP, Sourcing, this means working within a large, complex organization that operates with a professional rigor yet encourages accountability and forward-thinking. The cross-functional nature of the role aligns with Synchrony’s collaborative culture, stressing the importance of communication and leadership influence across various teams—particularly marketing, legal, and procurement. Given Synchrony’s growth orientation and market reach, this role is critical in underpinning the company’s operational efficiency and cost discipline while supporting its strategic marketing initiatives. The VP, Sourcing will likely have significant visibility with senior stakeholders due to the strategic nature of the sourcing decisions impacting marketing spend and supplier partnerships, making this role both a key driver of internal business performance and a strategic enabler for Synchrony's broader business goals.

Absolutely. Here are some mock interview questions that could come up:

• Behavioral: Tell me about a time when you had to negotiate a complex contract that involved multiple stakeholders with conflicting priorities. How did you ensure a successful outcome?
• Behavioral: Describe an instance where you identified a major cost-saving opportunity within a sourcing function. What steps did you take, and what was the impact?
• Behavioral: Give an example of a situation in which you led a cross-functional team to implement a new sourcing strategy. How did you manage communication and alignment?
• Behavioral: Share a time when you had to adapt quickly to a significant market change affecting your sourcing strategy. What approach did you take to recalibrate your sourcing plan?
• Technical: How do you leverage sourcing tools like Coupa to enhance sourcing process efficiency and compliance? Can you give a workflow example?
• Technical: What key factors do you consider when conducting RFPs and RFQs to ensure competitive supplier selection and best value?
• Technical: How do you assess supplier performance beyond pricing to build strategic supplier relationships that generate long-term value?
• Technical: Explain your approach to managing risk and compliance in sourcing within a regulated industry like financial services.
• Situational: Imagine a critical supplier suddenly fails to meet contractual obligations, risking a disruption in marketing operations. How would you handle this crisis?
• Situational: If business stakeholders push for sourcing decisions that conflict with company policy or sourcing best practices, how would you address that tension?
• Situational: Consider you are tasked with consolidating suppliers in a category, but resistance exists internally due to established relationships. How would you navigate this?
• Company Fit: Why are you interested in leading sourcing initiatives at Synchrony, specifically within the Growth Marketing function?
• Company Fit: How do your personal and professional values align with Synchrony’s commitment to diversity, inclusion, and flexibility in the workplace?
• Company Fit: Based on what you know about Synchrony’s ecosystem and market positioning, how do you see the sourcing function contributing to the company’s overall mission?
• Questions for Interviewer: How does the sourcing team currently measure success beyond cost savings, especially in supporting the Growth Marketing function?
• Questions for Interviewer: What are the biggest challenges Synchrony faces in maintaining supplier relationships given the rapidly changing market and regulatory environment?
• Questions for Interviewer: Can you describe the collaboration between sourcing and other departments at Synchrony? How is communication typically structured across teams?