1+ months

Procurement Manager - Retail

Charlotte, NC 28230
**Job Description:**



As a Procurement Manager, you are required to work within the end-to-end procurement process, managing procurement events and negotiating agreements of varying levels of complexity in order to minimize risk and achieve measurable cost savings. The Procurement Manager can identify and assess risk areas leveraging the expertise of appropriate support partners. He/she is aligned to a specific category or business and handles all procurement activity within that category/business. That includes performing market research to obtain market knowledge, using experience to develop intricate negotiation strategies and assigning roles and responsibilities to team members. The Procurement Manager has the ability to process high volume assignments requiring strong organizational and project management skills. He/she ensures that all the proper reviews and approvals (Legal, Risk, Finance, Business Partner and Global Procurement Leadership) are obtained.



**Responsibilities include** :



+ Understanding contractual terms and conditions

+ Persuading vendors to accept Bank of America contract language

+ Developing RFP strategy documents for both competitive and non-competitive acquisitions and has strong proposal evaluation skills

+ Coordinating and leading complex sourcing events; ability to manage multiple events concurrently

+ Create and execute save forecasting in collaboration with Finance partners

+ Vendor risk management and overall process compliance



**Required Skills:**



+ Bachelors degree (Supply Chain Management, Finance or Business Administration preferred)

+ Experience in third party outsourcing or purchasing of goods and services including bidding (RFP/ RFI) and contracting

+ Understanding of financial analysis and the impacts / savings to be achieved in the procurement categories

+ Ability to understand the risk / rewards tradeoff in outsourcing and procurement

+ Experience managing multiple tasks simultaneously and to deadlines, including strong prioritization and time management skills

+ Strong problem solving skills; ability to analyze data and identify trends or probe for additional information

+ Ability to manage/diffuse conflict and confrontation

+ Proven ability to communicate, partner and influence across a matrix organization

+ Self-starter with strong analytical, organizational and project management skills

+ Ability to work well independently and in a team environment, effectively accept coaching from managers and independently complete tasks on-time

+ Strong desire to learn, positive attitude and flexible and creative in job execution

+ Proficient computer skills, including Excel, PowerPoint, WebEx, etc.



**Desired Skills:**



+ Two or more years of relevant procurement experience

+ Prior financial services experience within public accounting, audit, compliance or finance

+ Experience with vendor management and/or procurement

+ Awareness of industry trends (regulatory, vendor management, supply chain, finance/banking, auditing, etc)

+ Quickly builds relationships in order to deliver effective business partnering



**Posting Date** : 05/30/2019



**Location** :

Wilmington, DE, BRACEBRIDGE II, 1020 N FRENCH ST,

Charlotte, NC, 201 N TRYON ST (NC1022),

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Industry

  • Banking / Finance
Posted: 2019-06-03 Expires: 2019-08-30

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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Procurement Manager - Retail

Bank of America
Charlotte, NC 28230

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