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
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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
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Manages centralized Bank-wide procurement processes
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Researches best practices, innovates to mature the procurement process, and implements new solutions to improve Bank processes
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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)
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Manages contract administration processes including qualifying vendors, RFP/RFQ support, contract maintenance, etc.
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Understand and assess potential risks of new and renewing vendors (data transmissions, use of artificial intelligence, location of data, 4th party risk, and more)
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Negotiate contracts along with vendor contract owners and legal
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Performs Bankwide monitoring of contracts coming due and follow-up with the vendor owners regarding contract status.
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Annually review vendors and identify/remove inactive vendors
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Develop, monitor and report internal service level agreements and Key Performance Indicators with escalation clauses
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Work with vendor owners to identify/understand subcontractor (fourth party) utilization
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Conducts training and awareness activities to educate managers and employees about the Bank’s procurement policies and procedures
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Supervision of direct report
Required Experience
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Bachelor’s degree in Business Administration, a related field or equivalent experience
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Five or more years of experience in purchasing/procurement, preferably within the financial industry, and one year managing employees
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Experience with maturing procurement processes a plus
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Professional purchasing certification a plus
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Tableau experience a plus
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Knowledge of standard internal controls related to the procurement function
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Ability to understand, interpret negotiate contracts
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Ability to analyze, interpret and communicate policies, procedures and regulations effectively
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Excellent verbal and written communication and presentation skills
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Strong analytical, critical thinking and problem-solving skills
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Ability to utilize PC-based software programs, including the creation of spreadsheets, reports, and presentations
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.
Top Skills
What We Do
FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.
Interested in working at FHLBank Pittsburgh?
Whether you’re a recent grad, seasoned professional or just planning your next career move, the Bank may be your gateway to professional challenge, advancement and success. We differentiate ourselves through our talent in the areas of information technology, capital markets, sales and marketing, risk, finance, internal audit, and operations and support. Check out all of our current employment opportunities at www.fhlb-pgh.com.
Although our asset size is large, we enjoy a small-company atmosphere. We also offer competitive salaries, incentive opportunities, benefits, and a reward and recognition program, and are committed to creating a diverse workforce. A major city with small-town appeal, Pittsburgh is consistently ranked as one of America’s most livable cities.