Procurement Specialist

Position Type: Contract-to-Hire Work Arrangement: Remote; candidates within the client footprint preferred Banking experience required Salary Range: $55/hr - $63/hr Primary Responsibilities The Procurement Sourcing Category Strategist provides day-to-day management of larger, more complex sourcing initiatives within a cross-functional team. This position will generally have responsibility for leading certain expense reduction efforts and associated vendor-related engagements for certain business units or strategic categories to effectively support the delivery if business outcomes and demonstrate competencies to have responsibility for larger vendor engagements or more complex projects. Associates in this role interact daily with senior and executive-level associates within business units to accomplish objectives.

Primary Responsibilities: Utilizes a strategic sourcing approach to determine and prepare requests for proposals (RFP)/competitive bid requirements, solicits responses, analyzes responses, prepares recommendations, and negotiates contracts to enhance efficiencies and reduce costs Utilizes the ability to execute the bank’s competitive bidding process and leads strategic sourcing activities for assigned areas Utilizes the ability to develop cross-functional teams and business objectives; identifies bidding suppliers, sets up the RFP in the bank’s P2P system, executes the RFP/competitive bid with suppliers, and works with business stakeholders to develop recommendations Partners with key stakeholders and senior leaders in proactively identifying expense reduction opportunities as it relates to suppliers Analyzes market industry conditions and develops plans to procure goods not related to information technology vendors Communicates corporate procurement standards to vendors and business partners Completes and executes RFPs and/or contracts that meet the company’s business and legal requirements Offers advice and guidance to junior consultants, assisting in the development of necessary skills and the promotion of continuous improvement initiatives May serve as team lead or supervise entry-level, procurement consultants May partner with Procurement Strategic Sourcing Technology Consultant on projects Requirements Bachelor’s degree in Business, Supply Chain/Engineering, Procurement, or related field and seven (7) years of experience in procurement or related field Or High School Diploma or GED and eleven (11) years of experience in procurement or related field The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time, hours of paid vacation time, weeks of paid parental leave, and paid holidays annually – as applicable.