Sr Procurement Officer

Description

At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.

Job Description Summary

Responsible for overseeing assigned category of procurement such as: sourcing and supplying materials, utilities and outside services; timely, cost-effective procurement, inventory control; planning and quality control of materials; or purchasing operations. Administers policies, procedures, and control systems to reduce costs, streamline procedures, and implement solutions.

Essential Job Functions

• Identifies and implements solutions to drive incremental cost reductions and cost-avoidance opportunities for assigned category through category knowledge that researches and understands leading industry trends at country, regional or global level

• Identifies strategy and driving improvements to lower the total cost for services

• Interacts with, acts as a liaison, and supports multiple businesses, internal and external Stakeholders, functions and Suppliers

• Effectively influences and aligns strategies and expectations and manages individual priorities given a set of performance objectives

• Works to ensure team cost savings (reduction, and avoidance) goals are achieved or exceeded and ensures business control compliance

• Ensures that procurement business practices are maintained within bank policies and regulatory requirements & guidance

• May lead and manage projects, promotes teamwork and communications in coordination with colleagues and Business Partners.

• Performs other duties as assigned.

Qualifications

Required Experience

• Requires deep knowledge of job area typically obtained through advanced education combined with experience.

• Typically viewed as a specialist within discipline.

• May have broad knowledge of project management.

• Requires 7 years minimum prior relevant experience.

Education

• Bachelor's Degree

Skills

• Developed knowledge and experience in purchasing of products and services

• Proven ability in managing supplier contracts and partnerships, exhibits project management traits

• Ability to work within a complex organization and act as a dynamic change agent

• Ability to perform in a fast-pace environment requiring high-quality of work in a variety of areas and interactions with all levels of leadership and staff within the organization

• Knowledge of and ability to interpret contractual terms –

Ability to develop and execute intermediate negotiating strategies

• Demonstrates personnel skills and ability to build relationships

• Intermediate research and analytics

• Ability to negotiate strategic relationships, producing financial outcome

Sourcing

• Develops and submits to management, suggestions for cost reduction and improvements in operational efficiency

• Leads contract negotiations - balancing of risk and rewards

• Analyzes data and strategic opportunity leading to the identification of potential Business Partner optimization gaps. Suggests and implements improvements/changes

• Optimizes Procurement processes to ensure Business Partners are able to make successful business decisions

• Works with Business Units and Corporate Legal in negotiating pricing and terms and conditions related to sourcing agreements

• Works on audit related findings as applicable to supporting Strategic Sourcing

• Supports Third-Party Risk team with supplier mitigation findings and plans

• Coordinates contract structure and templates with middle office and legal

• May participate in monthly Business unit reviews

• Collaborates with key stakeholders in developing sourcing strategies and driving improvements to lower the total costs. (negotiations)

• Maintains exceptional sourcing strategies and superior supplier relationships

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran. Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Accounting Finance

Location: United States-California-San Ramon

Other Locations: United States-Nebraska-Omaha, United States-Michigan-General MI, United States-Washington-Seattle, United States-California-Los Angeles, United States-California-San Francisco, United States-Arizona-Tempe, United States-California-City of Industry

Requisition ID: 053895