Lead Strategic Procurement Manager

2 weeks ago


Los Angeles, California, United States CNB Full time
Lead Strategic Procurement Manager

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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