Visa · 12 hours ago
Sr. Sourcing Manager - People Benefits
Austin, TX
Full-time
Hybrid
Senior Level, Lead/Staff
$135K/yr - $216K/yr
8+ years expVisa is a world leader in payments technology, facilitating transactions globally. The Senior Sourcing Manager will lead strategic sourcing initiatives for the People category, focusing on employee benefits and collaborating with key stakeholders to optimize spending and deliver measurable savings.
BankingFinanceFinancial ServicesInformation TechnologyMobile PaymentsPayments
Responsibilities
Lead end-to-end sourcing for People category: RFX processes, negotiations, contract reviews, and supplier management
Develop global supplier strategies and optimize spend across benefits, insurance, and HR services
Conduct market analysis to identify trends, benchmark pricing, and recommend innovative solutions
Negotiate optimal contract commercial terms and structures (MSAs, SOWs) ensuring compliance, risk management, and favorable T&Cs
Work closely with category teams and key stakeholders within Visa to establish supplier strategies This includes identifying and partnering with preferred insurance carriers to optimize spend and service quality for Visa employees worldwide
Build strong relationships with HR leaders, including VPs and Directors, and influence sourcing strategies
Provide regular updates on deal status, category performance, and sourcing initiatives to senior executives
Collaborate with cross-functional teams (Legal, Risk, Data Privacy, Cybersecurity) to ensure alignment and compliance
Deliver against annual savings targets and track realized savings
Maintain a pipeline of sourcing projects and prioritize initiatives that drive business value
Stay informed on global regulatory changes impacting HR sourcing strategies
Regularly update executives at all levels of the company on deal status, category reporting, etc. Provide continuous written and verbal updates to the business partners, suppliers and other stakeholders on the status of deal
Qualification
Required
8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
Preferred
9 or more years of relevant work experience with a Bachelor Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 3 or more years of experience with a PhD
4 years of experience as a sourcing and or procurement professional, preferably with a focus on People/ HR related and insurance and Rx benefits supplier relationships
Demonstrated passion for People/ HR category understanding of People, benefits, insurance category elements including the ability to converse with, and influence, key People/ HR and Procurement executives on supplier strategy, sales models, market Visa levers, and financial modelling
Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action
Demonstrated experience in negotiating with People/HR category suppliers with data driven analysis
Experience supporting People/HR and other stakeholders with a passion to deliver outstanding customer service, forge lasting relationships, and approach goals with team interests in mind
Demonstrated ability to manage vendor relationships and influence key vendor account executives
High level of self-motivation and initiative, and ability to operate as a team player
Willingness to offer thought leadership, to think Positively, and to offer new ways of approaching old problems
Undergraduate degree required, preferable in business, economics, computer science or engineering-related field graduate degree in business, economics or engineering a plus
Benefits
Medical
Dental
Vision
401 (k)
FSA/HSA
Life Insurance
Paid Time Off
Wellness Program
Company
Visa
Visa is a multinational financial services company that facilitates electronic payment systems throughout the world.
10001+ employees
H1B Sponsorship
Visa has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (459)
2024 (424)
2023 (416)
2022 (515)
2021 (351)
2020 (407)
Funding
Current Stage
Public CompanyTotal Funding
unknownKey Investors
TNB Financial Services
2016-09-10Post Ipo Equity
2008-03-19IPO
Leadership Team
Ryan McInerney
Chief Executive Officer
Chris Suh
EVP & Chief Financial Officer
Recent News
2026-01-14
2026-01-13
Company data provided by crunchbase