The Procurement Programs Manager has the responsibility to be the key enabler of the 1FFC Procurement Management program, strategy and vendor management strategies with a focus on procurement, risk, and vendor management. This position evaluates procurement and vendor management program requests and business use cases.
This role facilitates contract negotiations between internal stakeholders and Vendors and ensures 3rd party risk and performance is managed to meet business, regulatory, and compliance demands of the organization through adequate security, privacy, and resiliency reviews, and recommends risk mitigation controls to protect the Company.
PRINCIPAL ACCOUNTABILITIES AND KEY ACTIVITIES
- Coordinate contract and the vendor portfolio reviews to include performance and risk reviews
- Serve as an independent advisor and liaison between Procurement Program and the business stakeholders to assist in interpreting and reviewing contracts and agreements.
- Facilitate enterprise procurement requests and leads negotiations a wide variety of contracts, agreements, and statements of work, amendments, addenda, and other documents from opportunity assessment to execution.
- Manages contract disputes to resolve issues with the best possible outcome for the Company.
- Serves as an administrator for the program systems and oversees the management of the vendor & contract repository.
- Assist in identifying program gaps and task deliverables to provide resolution
- Assesses output of strategic metrics to mitigate risk and loss of disruption
- Understand the legal process and prepare documents accordingly to mitigate risk
- Execute continuous improvement projects to support Programs that are in line with company objectives and goals.
- Promotes the coordination of Procurement processes for review and approval of project, supplier contracts, purchase requisitions, budget management & planning for company business units and categories.
- Supports and maintains relevant analytics and metrics across procurement, contracting, risk and supplier management categories.
- Produce regular procurement status reports, key performance indicators (KPIs), procurement risk register, and business continuity plans
- Work with Manager to assist in the development and management an overall enterprise level risk management and reporting process for procurement and vendor related activities.
- Undergraduate Degree
- Currently hold or be able to obtain the Certified Technology Procurement Specialist (CTPS) certification within 6 months (unless one already possesses the Certified Technology Procurement Executive (CTPE) certification), and Certified Professional in Supply Management® (CPSM®) within 12 months. Other Risk Management, Procurement, Sourcing, and Contracting certifications are acceptable.
- Ability to critically review contracts and other related
- 8+ years' experience in contract negotiations and procurement
- Knowledge of Third-Party Risk Management oversight and governance
- Demonstrate the ability to analyze relevant information and apply individual judgement
- Advanced interpersonal relationship skills at a variety of levels and greatly differing social and business settings
- Must possess the ability to manage multiple priorities and meet deadlines
- Possess excellent analytical, problem solving and reasoning and be able to prioritize and workflow
- Strong communication skills (verbal / written)
#IND001
- Advanced understanding with MS Office Suite products and ability to learn others
- Must possess a valid driver's license and the ability to operate an automobile
- Ability to travel 35% for position related responsibilities
Skills Required
- Undergraduate Degree
- 8+ years' experience in contract negotiations and procurement
- Ability to obtain CTPS certification within 6 months
- Ability to obtain CPSM certification within 12 months
What We Do
Since 1941, 1st Franklin Financial Corporation has had one goal—Serving communities by offering opportunities to individuals and families through financial services. It’s been over 85 years since Founder Ben F. Cheek, Jr. made his first $34 auto loan. While times have changed, our commitment to customers has not. Our customers know us and more importantly, we know them. This commitment is why we’ve been able to help generations of families in times when they have needed us most. With over 325 loan offices in 8 states, 1st Franklin Financial Corporation continues to provide personal loans, supplying our customers with the cash they need. With offices located primarily in rural locations, we understand the struggles in these areas. We offer loans for auto repairs, home improvements, or debt consolidation. We can help with starter loans, wedding loans, medical expense loans, funeral loans, or a small personal loan to help you meet day to day expenses. We also offer Retail Sales Financing to help our local small businesses grow. Whatever the need, we can answer all of your loan questions and help you find a solution.
