Procurement Director

2 weeks ago


Rockville, Maryland, United States FINRA Full time
Job Summary

The Corporate Purchasing Director is responsible for leading the procurement strategy of the organization, managing supplier relationships, and ensuring the efficient acquisition of goods and services necessary for the organization's operations.

Key Responsibilities
  • Develop and implement a comprehensive procurement strategy that aligns with the organization's goals and objectives.
  • Manage and maintain strong relationships with key suppliers, negotiating favorable terms, pricing, and contracts.
  • Direct the monitoring and evaluation of supplier performance based on key metrics such as quality, delivery, cost-effectiveness, and risk.
  • Identify and mitigate risks related to supply chain disruptions and supplier dependency.
  • Lead supplier development initiatives to improve supplier capabilities and performance.
  • Ensure that the Corporate Purchasing team establishes and maintains strong relationships with key suppliers.
  • Develop and implement processes to ensure compliance with company standards and regulations.
  • Lead, mentor, and develop a high-performing procurement team.
  • Foster a collaborative, service-oriented team environment.
  • Ensure that team capabilities align with performance expectations; identify skill gaps and implement training opportunities to enhance skills.
Requirements
  • Bachelor's degree in business administration or a related field.
  • Professional certifications, such as CPSM or CPCM, is a plus.
  • Minimum of 10 years' experience in procurement and supplier management with at least 5 years in a leadership role.
  • Strong negotiation, contract management, and supplier management skills.
  • Innovation-minded with a proven track record of initiating and achieving process improvements in a complex organizational environment.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Strong communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
  • Proficiency in Microsoft Office suite. Workday and Dynamics experience preferred.
Work Conditions

Hybrid work conditions with the opportunity to work from home with some on-site presence required.

Extended hours and travel may be required on occasion.

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, and WA, the proposed salary range for the corresponding location is outlined below.

In addition to location, actual compensation is based on various factors, including but not limited to, the candidate's skill set, level of experience, education, and internal peer compensation comparisons.



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