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VP, Global Procurement and Vendor Management

2 months ago


Newport Beach, California, United States Pacific Life Insurance Company Full time

About the Role:

Pacific Life Insurance Company is seeking a highly skilled and experienced VP, Global Procurement and Vendor Management to join our Corporate Division. This role is a key position that will play a critical role in shaping the company's procurement strategy and ensuring the effective management of vendors and third-party risks.

Key Responsibilities:

  • Develop and execute the vision of the Procurement/Vendor Management/Third Party Risk Management (TPRM) Global Strategy.
  • Manage all strategy initiatives across the enterprise, including Sourcing/Category Management, Vendor Management, Contract Management, TPRM, and Procurement Operations.
  • Collaborate and partner with business partners and their vendors to continuously assess future state business needs.
  • Establish standard processes, policies, controls, governance, and performance management that aligns with PL's objective to boost customer service to internal partners/key stakeholders in the organization.
  • Lead a high-performance culture and ensure proper implementation of leading-edge procurement/vendor management capabilities.

Requirements:

  • Bachelor's Degree, MBA, or advanced degree preferred.
  • Knowledge of and proficiency in ERP and Procurement systems.
  • 10+ years of relevant experience in the finance industry, with at least 5+ years of people management experience.
  • Global mindset of sourcing and procurement processes across all functions (sourcing, contract management, vendor management, procurement, TPRM).
  • Strategic and organizational agility with strong project management skills.
  • Ability to motivate and influence others inside and outside of own organizational hierarchy.
  • Ability to build relationships and work effectively with internal customers of PL and their management.
  • Ability to deal with change and ambiguity effectively.

What We Offer:

  • Prioritization of your health and wellbeing, including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents.
  • Generous paid time off options, including Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
  • Paid Parental Leave as well as an Adoption Assistance Program.
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation.

Equal Employment Opportunity:

Pacific Life Insurance Company is an Equal Opportunity/Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability.