POSITION SUMMARY
As a strategic Procurement Manager, you will play a pivotal role in shaping the organization’s success by driving cost optimization, fostering innovation, and ensuring sustainable sourcing practices. This position is not just about purchasing – it’s about influencing profitability, building resilient supply chains, ensuring contract terms align with company goals and enabling long-term growth.
At Sunrise Banks we are committed to a culture of trust and transparency that welcomes all.
ESSENTIAL FUNCTIONS
- Develop forward-thinking procurement strategies that align with corporate objectives.
- Lead supplier negotiations to secure favorable terms and strategic partnerships.
- Contract negotiations for major vendor relationships.
- Develop and maintain procurement policies throughout the organization.
- Analyze market trends to anticipate risks and capitalize on opportunities.
- Ensure purchasing policies align with sustainability initiatives and ethical sourcing practices.
- Collaborate with leadership to integrate procurement into business growth plans.
- Drive digital transformation in procurement processes for efficiency and transparency.
KEY COLLABORATORS
Finance, business line leaders, legal and risk departments.
SUPERVISORY RESPONSIBILITIES
None
COMPETENCIES
- Alignment w/Sunrise Core Values
- Adaptability
- Communication
- Compliance
- Dependability & Flexibility
- Initiative
- Integrity
- Judgement
- Organizational Skills
- Productivity
- Professionalism
- Quality Service
- Teamwork
- Technical /PC Skills
- Work Quality
EDUCATION & EXPERIENCE
- Bachelor’s or master’s degree in supply chain management, business administration or related field preferred and/or
- Minimum 5 years’ progressive leadership experience in strategic procurement/supply change management.
- Exceptional negotiation and stakeholder management skills.
- Strong analytical capabilities with a focus on data-driven decision making.
- Expertise in sustainability and risk management practices.
- Visionary thinker who can inspire and align teams.
- Ability to influence cross-functional teams and executive stakeholders.
- Financial acumen and cost optimization expertise.
- Proficiency in procurement technology and digital tools
COMPENSATION AND BENEFITS
Annual salary range DOQ: $90,000 - 125,000 - 160,000
Benefits: Medical, Dental, Vision, AD&D, STD, LTD, FSA, PPL, PTO, PVTO, 401k w/match and more. Visit www.sunrisebanks.com
This Position Summary reflects management’s assignment of major responsibilities, which represent the majority of essential functions. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. They may be subject to change at any time due to reasonable accommodation or other reasons.
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThis 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.
What We Do
At Sunrise Banks, our success relies on the success of the communities we serve. We believe that where you bank matters. That’s why it’s our mission to be the most innovative bank empowering financial wellness. As a socially responsible bank, we offer financial products that aim to better the lives of our clients in Minnesota, South Dakota, and beyond. Since 1986, we have been committed to working with the communities we serve using innovative tools and resources that provide opportunities to gain stability, build generational wealth or start a business. Sunrise Banks was founded by David Reiling, a social entrepreneur and innovator on the cutting edge of fintech and financial wellness. He strives to forge meaningful partnerships that drive sustainable economic growth. The bank, driven by David’s vision, focuses on positive community engagement and partners with like-minded companies to extend its mission nationally and around the world. Our membership and certifications are one way we demonstrate our ethical banking standards. Our mission is embedded in the products we offer and the services our customers receive. We provide innovative services throughout our core banking and fintech offerings. These certifications and memberships show our commitment to values-based banking: • Certified B Corporation • Certified Community Development Financial Institution • Member of the Global Alliance for Banking on Values Member FDIC | Equal Housing Lender | Equal Opportunity Provider | NMLS # 640909 | AA/EOE
