VP, Procurement
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Responsibilities
- Develop sourcing strategies in conjunction with key business partners to ensure achievement of business requirements
- Develop key category strategies, including outsourced services and IT/development, in collaboration with stakeholders, to address risk, total cost, supply, etc. Monitor economic drivers, supply market, to assess impact to Axos.
- Liaise with key internal stakeholders to determine their product and service needs ; collaborate to ensure clarity of specifications and expectations are anticipated and met.
- Proactively bring cost management opportunities to stakeholders
- Source and engage reliable suppliers and vendors, and initiate business and organization partnerships
- Examine and test existing contracts; renegotiate as required
- Lead contract negotiations planning and execution, in collaboration with internal stakeholders
- Provide counsel to key stakeholders on both key legal and business terms during contract negotiations
- Develop vendor spend database and tracking
- Support an improved source to pay process , including proper review of contracts by all necessary stakeholders, support coordination with Purchase Order creation
- Control spend and build a culture of long-term savings on total cost of ownership
- Ensure contracts terms meet regulatory guidance and requirements . Ensure vendors and contracts are properly reviewed with Risk, Legal, and other stakeholders for proper due diligence
Requirements
- Bachelors' degree in supply chain management, logistics, business administration, or relevant degree; MBA preferred
- 7+ years of procurement or related role
- Experience with managing RFI/RFP process for large complex categories of spend
- Experience with implementation and operational management of requisition to PO process
- Demonstrated problem solving skills with a detail-oriented mindset and able to work with complex business challenges Excellent analytical abilities and ability to apply mathematical concepts such as statistical data, fractions, percentages, ratios, and proportions to practical situations
- Collecting and analyzing data
- Talent in negotiations and networking
- Good leadership capabilities
- Proficient in Excel
- Banking industry preferred
- Experience with online sourcing / procurement tools is a plus
- Axos Employee Benefits May Include:
- Medical, Dental, Vision, and Life Insurance
- Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year)
- HSA or FSA account and other voluntary benefits
- 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
- Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
- About Axos
- Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
- Learn more about working at Axos
- Pre-Employment Background Check and Drug Test:
- All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for mar
Benefits
Additional Information
Axos Bank Target Range: $120,000.00/Yr. - $150,000.00/Yr. Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education. Eligible for an Annual Discretionary Cash Bonus Target: 12.5% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets. About This Job The VP, Sr. Manager Procurement oversees the procurement process, develops and implements procurement strategies, manages supplier relationships, and ensures compliance with company policies. They analyze market trends, negotiate contracts, and lead a team of procurement professionals to optimize purchasing efficiency and cost-effectiveness.
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