Responsible for performing the Procurement function within the Vendor Management Office with regards to the Procurement policies, process and standards across the Bank. Participates in defining, implementing and executing the Procurement principals, processes and frameworks established by the VMO. Support the Procurement Program through training and education.
Job Function:
• Manage and maintain the procure-to-pay platform, including requisitioning, purchasing, receiving, invoicing and paying for goods and services.
• Act as a liaison between Bank and its suppliers, maintaining appropriate supplier relations.
• Perform and participate in educational training to diverse vendors.
• Perform educational training to Vendor Relationship Managers and Project Owners as required.
• Proactively incorporate supplier diversity into the Bank’s sourcing activities
• Collaborate with internal departments to ensure procurements needs are met.
• Assist with gathering and verifying of procurement data and reporting to the Federal Housing Finance Agency (FHFA).
• Manage and maintain the diversity supplier database
• Partner with business groups and various stakeholders to identify requirements for purchasing of goods and services and vendors that can meet/exceed the requirements
• Provide proactive contract renewal support as needed.
• Prepare proposals for bidding as required.
• Review bids and submit analysis, as required.
• Negotiate terms with suppliers: price, delivery information, payment terms, availability and discounts, as required.
• Develop, implement, and administer instruction classes in support of the Procurement Training Program.
• Administration of the Bank's Vendor Management System (user management, vendor setup).
• Develop and maintain the RFP, RFQ and RFI process
• Provide Vendor Management Support for Vendor Management Lifecycle activities as needed.
Skills:
• Working knowledge of Procurement and Vendor Sourcing.
• Ability to draft and negotiate contracts and maintain strong relationships with vendors and suppliers.
• Strong leadership skills.
• Strong organizational skills.
• Strong commitment to customer service.
• Proficient in MS Excel to analyze financial data.
• Ability to work in a team environment.
• Must be detail oriented and a self-starter.
• Proficient in problem solving and conflict resolution skills.
• Strong human relations, communications, negotiation and interpersonal skills.
• Ability to effectively manage competing priorities.
• Ability to work under pressure and deal with all levels of the organization.
• Strong presentation and interpersonal skills.
Education:
Bachelor’s degree in business or related discipline preferred. Procurement or Vendor Sourcing equivalent desirable.
Salary Range $125,000 to $135,000
Skills:
Top Skills
What We Do
The Federal Home Loan Bank of New York (FHLBNY) is a privately-owned wholesale bank that helps community lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth. The FHLBNY membership is comprised of commercial banks, savings banks, savings and loans, credit unions, insurance companies and community development financial institutions.
The FHLBNY is part of the Congressionally-chartered, nationwide Federal Home Loan Bank System, which was created in 1932 to provide a flexible liquidity source for member community lenders engaged in home mortgage and neighborhood lending. The mission of the FHLBNY is to advance housing opportunity and local community development by maximizing the capacity of community-based member lenders to serve their markets.
Since the FHLBNY is a secured lender, all of its credit products require real estate related collateral. The FHLBNY enables local lenders to extend affordable credit to their communities. Thanks to the Federal Home Loan Bank System, communities across the country have access to more affordable housing, small business, and community development programs.
