In this role, you support the procurement strategy by leading the end-to-end strategic sourcing and contract management processes. Strategic sourcing duties will include, market analysis, identifying business requirements, leading RFPs, leading contract negotiations and execution support. Manage existing vendor contractual relationships including renewals, terminations, ongoing monitoring and performance monitoring for their assigned category(ies). Support the day-to-day delivery of other procurement functions including process monitoring, spend analysis, reporting, and end-user support.
Responsibilities
- Support the execution of the overall source-to-pay cycle
- Serve as a central point of contact for strategic sourcing activities for assigned category(ies)
- Cultivate internal and external relationships to drive results, savings and build credibility for the Procurement team
- Demonstrate analytical skills to be able to understand the drivers of assigned category(ies) and create and document appropriate sourcing strategies
- Analyze the market and current supplier spending within assigned category(ies) and make sourcing, demand management and cost reduction recommendations
- Report the execution of RFPs, RFQ's or RFIs in assigned category(ies)
- Monitor compliance with procurement policies and procedures and assist in improving efficiencies related to procurement
- Maintain contract information and integrity of data in the contract management system and ensure contracts and supporting documents are compliant with internal policy and federal and state regulations
- Maintain relationships with vendors, monitor vendor's performance to ensure that contract terms and SLAs are being met and monitor external sources for potential vendor risks
- Perform spend diagnostics that lead to the identification and implementation of cost-saving/efficiency opportunities and maintain KPI and spend reporting to management
- Represent procurement function on enterprise projects and initiatives
Education:
- Bachelors Degree - Accounting, Finance or related
Years of Experience:
- 2 years - Procurement, vendor management or related
- Knowledge of procurement systems such as Determine or Coupa
- Knowledge of insurance requirements, legal terminology of purchase, licensing and professional services contracts
In Lieu of Education:
- 5 years - Procurement, vendor management or related
You'll benefit from:
- Competitive medical, dental, and free vision benefits
- Paid parental leave
- Competitive compensation plan
- Gym memberships discounts
- Generous PTO and banking holidays off
- Tuition reimbursement
- 401k with immediate employer match and vesting
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
What We Do
Alliant is unlike any other financial institution — a digital credit union that wows our members. We’re boldly disrupting banking norms to do good for our members, employees and communities.
With over 85 years of history and more than $19 billion in assets, Alliant Credit Union is the largest credit union in Illinois and one of the largest in the U.S.
Our industry-leading financial products, seamless digital experiences and exceptional customer service make banking simpler for our 800,000+ members.
Fully digital, fully human and full of possibility, we work to provide our members with experiences that redefine the financial industry, challenge the status quo and unleash brilliance.
Why Work With Us
Our employees enjoy a hybrid schedule, allowing for flexible remote work and purpose-driven, outcome-focused onsite opportunities. Driven by Alliant's guiding principles and values, employees across all teams build together to provide our members with industry-leading financial products, seamless digital experiences & exceptional customer service.
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Alliant Credit Union Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Alliant offers a purpose-driven, outcome-focused hybrid workplace model.