Vice President, Procurement

Vice President, Procurement page is loaded## Vice President, Procurement locations:
Boston time type:
Full time posted on:
Posted Yesterday job requisition :
R08240## Reporting directly to the Executive Vice President & Chief Financial Officer, the Vice President of Procurement will lead BCBSMA's enterprise procurement, sourcing and vendor contracting strategy. As BCBSMA continues to transform how we work and deliver, this role will be pivotal in shaping how the enterprise partners with vendors to drive and balance speed, quality and innovation.

This newly created role will serve as a strategic enterprise enabler, ensuring that every dollar spent and every vendor relationship advances our mission - making it easier for our teams to move faster, deliver smarter while continuing to operate with strong discipline. By strengthening our procurement ecosystem, this leader will enable the organization to make more strategic, data-informed decisions and position BCBSMA to achieve its long-term financial, operational and culture goals.

Overseeing a team of 15-20, with an annual spend of ~$400 million across 750 vendors, the VP will drive a best-in-class procurement function that delivers faster execution, stronger vendor relationships, and greater enterprise value - ensuring that sourcing, contracting and vendor oversight are efficient, compliant and strategically aligned with BCBSMA's priorities.

This leader will partner closely with Legal, Enterprise Technology, Risk Management, and Security to balance agility with governance and advance our commitment to operational excellence and enterprise enablement.
** Key accountabilities for the role:
*** Define and lead the enterprise procurement and vendor management strategy - with emphasis on balancing cost, quality, risk and speed to meet evolving business needs.
* Establish and maintain a consistent vendor management framework to ensure disciplined selection, evaluation and performance monitoring of vendors across the enterprise.
* Oversee all non-provider contracting in close partnership with key business stakeholders to ensure timely, high-quality agreements that protect and enable the organization.
* Collaborate with key business stakeholders (Enterprise Technology, Security, and Finance) partners to ensure sourcing and contracting decisions align with the enterprise strategy and business priorities.
* Streamline procurement processes and leverage technology and AI to Improve cycle time, visibility, and value creation across spend categories.
* Lead, mentor and develop a 15-20-person team, fostering a culture of collaboration, accountability and continuous improvement.
** Key Competencies
**** Strategic procurement leadership:
** proven ability to design and lead an enterprise-wide procurement and vendor management strategy that aligns to business goals, drives measurable value and enables faster decision-making across the organization.
** Operational agility and technology-enablement**: proven track record of streamlining and digitizing procurement processes, leveraging automation and AI-enabled Insights to Improve cycle time, transparency and employee experience.
** Vendor and risk management excellence:
** demonstrated success establishing vendor governance frameworks, performance metrics, and disciplined risk management processes that ensure compliance, mitigate exposure and enhance partnership quality
** Cross-functional collaboration and influence:
** strong Interpersonal and communication skills with a track record of Influencing senior executives and cross-functional partners and stakeholders In a matrixed environment.
** Team leadership**:
Inspire and lead teams by connecting daily work to enterprise strategy and goals and committed to fostering a team culture grounded in growth, psychological safety and shared accountability
** Personal Characteristics
*** Enterprise mindset and commitment to the company’s mission and values* “Player-coach” mindset – balancing strategic thinking with operational execution
* Solution-oriented and comfortable leading through ambiguity
* Strong interpersonal skills to build healthy, collaborative, and trusting relationships across the…