What are the responsibilities and job description for the Manager, Procurement position at Federal Home Loan Bank of Pittsburgh?
Position Summary
The Manager, Procurement will manage and execute the bankwide procurement process for purchasing products or services. This individual will collaborate with departments on specific tasks related to vendor selection, onboarding, management, reporting and policies and procedures. They will innovate, apply best practices, and provide leadership that matures the procurement process while also supervising a Procurement Analyst.
Primary Success Factors
The Manager, Procurement will manage and execute the bankwide procurement process for purchasing products or services. This individual will collaborate with departments on specific tasks related to vendor selection, onboarding, management, reporting and policies and procedures. They will innovate, apply best practices, and provide leadership that matures the procurement process while also supervising a Procurement Analyst.
Primary Success Factors
- Along with Vendor Owners, employee will be responsible to help ensure compliance with related policies, procedures, and laws and will incorporate supplier diversity requirements and preferences
- Manages centralized Bank-wide procurement processes
- Researches best practices, innovates to mature the procurement process, and implements new solutions to improve Bank processes
- Stays current with the latest vendor issues and issue spots risks to be addressed by Bank Subject Matter Experts (e.g. Use of AI, risks of cloud vendors, identifying ESG issues)
- Manages contract administration processes including qualifying vendors, RFP/RFQ support, contract maintenance, etc.
- Understand and assess potential risks of new and renewing vendors (data transmissions, use of artificial intelligence, location of data, 4th party risk, and more)
- Negotiate contracts along with vendor contract owners and legal
- Performs Bankwide monitoring of contracts coming due and follow-up with the vendor owners regarding contract status.
- Annually review vendors and identify/remove inactive vendors
- Develop, monitor and report internal service level agreements and Key Performance Indicators with escalation clauses
- Work with vendor owners to identify/understand subcontractor (fourth party) utilization
- Conducts training and awareness activities to educate managers and employees about the Bank’s procurement policies and procedures
- Supervision of direct report
- Bachelor’s degree in Business Administration, a related field or equivalent experience
- Five or more years of experience in purchasing/procurement, preferably within the financial industry, and one year managing employees
- Experience with maturing procurement processes a plus
- Professional purchasing certification a plus
- Tableau experience a plus
- Knowledge of standard internal controls related to the procurement function
- Ability to understand, interpret negotiate contracts
- Ability to analyze, interpret and communicate policies, procedures and regulations effectively
- Excellent verbal and written communication and presentation skills
- Strong analytical, critical thinking and problem-solving skills
- Ability to utilize PC-based software programs, including the creation of spreadsheets, reports, and presentations