Procurement Manager (Term Position

Position: Procurement Manager (Term Position)

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4 days ago Requisition

Salary Range: $98,827.41 To $ Annually

* This is a 12-month Term Position.
* JOB OBJECTIVE:
The Procurement Manager (Contract-to-Hire) is responsible for establishing the credit union's procurement function under the guidance of the Sr. Manager, Enterprise Risk & Vendor Management. This role serves as the central procurement advisor and coordinates sourcing, procurement, and contract-related activities across business units in accordance with procurement policies, delegated authority, and approval thresholds. The position is responsible for developing procurement governance, increasing spend visibility, improving contract lifecycle management, driving strategic sourcing initiatives, and delivering measurable cost savings.

The successful candidate will partner closely with Finance, Legal, Risk Management, and business stakeholders to create a scalable procurement operating model that supports organizational growth, operational efficiency, and responsible stewardship of organizational resources. This role focuses on procurement strategy, sourcing, contract negotiation, spend analytics, and procurement governance, while partnering with Vendor Management on supplier oversight, performance monitoring, and ongoing third-party risk activities.

DIMENSIONS:

• Contract Inventory & Governance: Refine inventory and repository of vendor contracts and agreements.
• Spend Visibility:Develop reporting and analytics capabilities to provide transparency into organizational spend.
• Contract Lifecycle Management: Implement contract tracking, renewal management, and governance processes.
• Stakeholder Partnership:Collaborate with Finance, Legal, Risk Management, and business leaders to support sourcing, negotiations, and procurement decision-making.
• Cost Optimization:Identify cost savings, cost avoidance, and vendor consolidation opportunities across the organization.
• Procurement Program Development:Build foundational procurement policies, workflows, standards, and performance metrics.

SUPERVISORY RESPONSIBILITIES:

This position reports directly to the Sr. Manager, Enterprise Risk & Vendor Management. There are no direct reports associated with this position.

NATURE & SCOPE:

• Operationalize the inventory of all active vendor and supplier contracts.
• Document centralized contract management processes and repository practices.
• Develop baseline reporting for vendor spend and procurement activity.
• Assess existing contracts for renewal dates, pricing opportunities, risks, and optimization opportunities.
• Implement and maintain a contract renewal calendar to improve visibility and reduce missed negotiation opportunities.
  • Identify and execute quick-win savings opportunities, including:
    • Eliminating duplicate vendors or services.
    • Consolidating purchases under preferred suppliers.
    • Recovering unused licenses and subscriptions.
    • Renegotiating contracts approaching renewal.
    • Improving pricing transparency and contract terms.
• Develop and document procurement policies, standards, and approval workflows.
• Establish sourcing and negotiation processes to support consistent procurement practices.
• Create procurement governance frameworks that align with organizational objectives and risk management requirements.
• Partner with Legal to support contract review and remediation activities.
• Collaborate with Finance to develop spend reporting and supplier analytics.
• Support the alignment of procurement and vendor management practices to ensure an efficient and scalable operating model.
• Partner with Vendor Management to ensure procurement activities provide the necessary contract, pricing, and supplier information to support ongoing supplier performance monitoring and third-party oversight.
• Prepare status reports, dashboards, and executive-level presentations regarding procurement program maturity, savings opportunities, and governance milestones.
• Procurement responsibilities include sourcing, contract negotiation, spend analysis, supplier selection, contract administration, and procurement governance.
• Ongoing supplier performance monitoring, relationship management, issue escalation, and third-party risk oversight remain the responsibility of Vendor Management and business owners.
• Participate in cross-functional projects and strategic initiatives related to procurement, vendor management, and operational efficiency.
• Perform other duties as assigned.

EDUCATION, SKILLS, & ABILITIES:

• Bachelor's degree in Business Administration, Supply Chain Management, Finance, Procurement, or a related field; or equivalent combination of education and experience.
• Minimum five years of procurement, sourcing, contract management, supply chain, vendor management, or related experience.
• Experience establishing procurement programs, processes, or governance frameworks preferred.
• Demonstrated experience managing contract life cycles and vendor…