Procurement Analyst

Posted 4 Hours Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
58K-90K Annually
Junior
Fintech • Financial Services
We’re boldly disrupting banking norms to do good for our members, employees and communities.
The Role
Supports procurement inquiries and Procure-to-Pay activities, including requisitions, purchase orders, supplier payments, and invoice exception resolution. Analyzes procurement and supplier data, develops dashboards and reports, validates records, monitors policy compliance, identifies savings and process improvements, performs root-cause analysis, and recommends corrective actions, automation, and stakeholder training.
Summary Generated by Built In

Serve as a resource for procurement inquiries, guide stakeholders through purchasing processes, buying channels, supplier quote requests, and procurement requirements. Support Procure-to-Pay activities, including requisitions, purchase orders, purchase order changes, confirmations, and lifecycle management. Collaborate with finance, accounts payable, strategic sourcing, vendor management, and business stakeholders to resolve operational issues and ensure timely supplier payments.

Essential Responsibilities

  • Analyze spend, supplier, transaction, and procurement performance data to identify trends, savings and supplier consolidation opportunities, process gaps, and emerging risks
  • Develop, maintain, and validate procurement dashboards, reports, performance metrics, and executive summaries to support operational and strategic decision-making
  • Translate procurement data into clear, actionable insights that explains trends, business impact, and recommended actions for leaders and stakeholders
  • Apply intellectual curiosity to investigate unexpected trends, test assumptions, ask thoughtful questions, and identify insights that may not be immediately visible.
  • Reconcile inconsistencies and verify data accuracy and completeness, validating transactions, supplier records, contract information, and support documentation before use in reporting or decisions-making.
  • Investigate and resolve procurement and invoice exceptions, including pricing variances, quantity mismatches, duplicate billing, unmatched invoices, purchase order issues, and workflow.
  • Perform root-cause analysis of recurring operational issues to identify patterns and recommend corrective or preventive actions.
  • Monitor procurement transactions and documentation for adherence to policies, procedures, approval requirements, and established controls.
  • Maintain accurate procurement and contract metadata to support reporting, workflow management, compliance monitoring, audits, and visibility into upcoming procurement actions.
  • Identify process bottlenecks, automation opportunities, reporting improvements, and system enhancements to improve efficiency, data quality, user experience, and compliance.
  • Support procurement improvement initiatives by developing recommendations, resources, training resources, and stakeholder communications to simplify processes and encourage adoption.

Education & Years of Experience

  • Minimum - 4 Years Bachelors Degree in Finance or related
  • Minimum - 2 Years of Finance, accounting, procurement or related
  • Preferred - 3 Years of Finance, accounting, procurement or related

In Lieu of Education

  • 5 Years of Proven procurement or financial analysis

Compensation & Benefits:

Typical hiring range:‏‏‎ ‎ $57,500.00 to $89,500.00‎ Annually. Actual compensation will be determined using factors such as experience, skills & knowledge. 

‎Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

  • Annual performance bonus
  • Work from home up to 3 days a week
  • Paid parental leave
  • Employee discount programs
  • Time off including paid personal and sick days
  • 11 paid holidays 
  • Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor's degree in Finance or a related field
  • At least 2 years of experience in finance, accounting, procurement, or a related field
  • At least 3 years of experience in finance, accounting, procurement, or a related field
  • In lieu of education, 5 years of proven procurement or financial analysis experience

What the Team is Saying

Natalie M.
Stan C.
Amber J.

Alliant Credit Union Compensation & Benefits Highlights

  • Healthcare Strength — Healthcare, dental, and vision coverage are provided, with employer HSA contributions noted. These core benefits are consistently positioned as a key part of the package.
  • Retirement Support — A 401(k) with an employer match is included. Retirement programs are emphasized as a notable component of total rewards.
  • Leave & Time Off Breadth — PTO plus U.S. bank holidays and volunteer time off are offered. Available details indicate PTO increases with tenure.

Alliant Credit Union Insights

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The Company
HQ: Chicago, IL
906 Employees
Year Founded: 1935

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 90 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 900,000+ 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.

Typical time on-site: Flexible
HQChicago, IL
We are located near O'Hare. We have plenty of parking space available.

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