Introduction to the Sourcing Professional

Hello everyone,

I wanted to take the opportunity on this first entry to share a little bit about myself, my professional background and also what I hope to accomplish with the Sourcing Professional blog.

I am currently the Vice President, Business Practice Head for a global sourcing company that provides origination process services and technology solutions to banks and credit unions in the United States and Australia. I personally have over 16 years of experience in consumer lending and mortgage banking with the last four years spent in design and implementation of outsourcing solutions both globally and domestically. My background is in sales and operations management which provides the ability to develop "win-win" solutions from a strategic perspective for both sides of the company equation.

I have had the opportunity to work with both large and small lenders on developing sourcing strategies and implementation of the actual solutions. As a result, I have been exposed to many industry "best practices" and some "not-so-good" practices when it comes to sourcing strategies. The turmoil that has been experienced in the banking community and the expansion of services in the sourcing industry has created an environment where mid-tier banks are now seeking sourcing solutions that were once reserved for large national lenders. This is due to a variety of reasons such as staffing challenges, cost reduction, process efficiencies, etc.

The goal of this blog is to provide a quasi-informal forum to share new or additional insight into the world of outsourcing to bank executives that are considering a sourcing strategy for their organization. We will discuss multiple sourcing topics on best-practices, worst-practice and all of those in between. I also plan on having contributions from other experts in the industry on various topics and will always welcome business related questions and comments from you. If you are interested in learning more on this topic, please click the "follow" link and feel free to forward a link on to other banking professionals that you feel may benefit from information coming from this site. Thank you!