Lead Strategic Procurement Manager
2 weeks ago
What is the Opportunity?
City National Bank is seeking a Lead Strategic Procurement Manager to enhance our centralized Procurement division, supporting various business lines across North America.
Key Responsibilities:
This role encompasses overseeing intricate negotiations and formulating contracts for goods and services procured by the bank. The successful candidate will:
- Engage with senior management to provide informed recommendations.
- Proactively identify and propose sourcing strategies while collaborating with stakeholders for effective implementation.
- Analyze business strategies, expenditure data, supplier insights, and market trends to establish optimal sourcing approaches.
- Contribute to achieving defined performance targets and participate in or lead competitive RFP processes as required.
- Mentor and train fellow Procurement team members.
Essential Qualifications:
The ideal candidate will possess:
- A Bachelor’s Degree or equivalent experience.
- A minimum of 7 years in Procurement, with at least 5 years in a banking or financial services environment.
- Expertise in negotiation principles, contract drafting, and procurement practices.
Skills and Attributes:
The candidate should demonstrate:
- Strong analytical and critical thinking abilities.
- Exceptional negotiation and presentation skills.
- The capacity to work strategically and tactically when necessary.
- Integrity and accountability in all actions.
- Excellent verbal and written communication skills.
Compensation:
The starting base salary for this position ranges from $101,231 to $172,355 annually, with eligibility for bonuses and/or commissions based on skills and experience.
Benefits and Perks:
At City National, we are committed to providing a comprehensive benefits package to support our colleagues.
Inclusion and Equal Opportunity Employment:
City National Bank is an equal opportunity employer dedicated to fostering diversity and inclusion.
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