Bank of the West Military and Veterans Banking Jobs

Job Information

Bank of the West Procurement Officer in Dallas, Texas

Procurement Officer

Description

At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.

Job Description Summary

Responsible for overseeing assigned category of procurement such as: sourcing and supplying materials, utilities and outside services; timely, cost-effective procurement, inventory control; planning and quality control of materials; or purchasing operations. Administers policies, procedures, and control systems to reduce costs, streamline procedures, and implement solutions.

Essential Job Functions

  • Identifies and implements solutions to drive incremental cost reductions and cost-avoidance opportunities for assigned category through category knowledge that researches and understands leading industry trends at country, regional or global level

  • Identifies strategy and driving improvements to lower the total cost for services

  • Interacts with, acts as a liaison, and supports multiple businesses, internal and external Stakeholders, functions and Suppliers

  • Works to ensure team cost savings (reduction, and avoidance) goals are achieved or exceeded and ensures business control compliance

  • Ensures that procurement business practices are maintained within bank policies and regulatory requirements & guidance

  • Works to ensure team cost savings (reduction, and avoidance) goals are achieved or exceeded and ensures business control compliance

  • Supports and reinforces and escalates, as necessary, issues related to Sourcing Policies

  • Supports requests for information from Bank control functions, Auditors and Regulators

Other Job Duties

  • Performs other duties as assigned.

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Qualifications

Required Experience

  • Requires advanced knowledge of job area typically obtained through advanced education combined with experience.

  • Evidenced experience with drafting and negotiating time and materials and fixed fee statements of work, license orders, and master agreement terms

  • Requires experience supporting internal customers to ensure that their needs are met, whilst protecting the company's interests

  • Requires experience in contract risk avoidance and experience coming to balanced risk between vendor and company

  • Requires 5 years minimum prior relevant experience.

Education

  • Bachelor's Degree accounting, business administration or related area or equivalent combination of education and experience

Skills

  • Knowledge or experience with various stages of procurement practices

  • Knowledge of contract law and contract processing

  • Ability to negotiate complex contracts

  • Ability to communicate effectively

  • Negotiation skills

  • PC skills, including knowledge of Excel and database development

  • Strong project management skills

  • Ability to work with others, in a team

  • Basic research and analytics

  • Ability to develop and execute basic negotiating strategies

Sourcing

  • Assists Sourcing Lead in reviewing, coordinating and processing complex purchase requests, including requests for quotes, bids, proposals and complex buy-direct programs for the bank

  • Supports ongoing facilitation of sourcing requests

  • Assists in all aspects of procurement solicitations (RFPs) for the bank

  • Collates bids and proposals to assist the procurement manager in RFP evaluation

  • Manages the RFP time line and templates

  • Conducts supplier research to address supplier spend, fit for engagements, strategy development, etc.

  • Assist or supports manager with complex contracts and proposal negotiations

  • Maintains communication with supporting procurement roles, i.e. front office, middle office, TPRM, etc.

Contract Management

  • Under minimal supervision, responsible for reviewing and coordinating low to medium complexity contract requests, including statements of work, order forms/ documents, master agreements, non-disclosure agreements, terminations and other agreement documents, as assigned

  • Negotiates cost savings with vendors on transactional engagements

  • Provides feedback and recommendations relative to process and procedural documents

  • Review's, negotiates and drafts low risk contracts for products and services, NDA's, Terminations and other agreements as assigned

  • Provides administrative oversight during contract negotiations

Purchasing Operations

  • Reviews, coordinates and processes complex purchase requests, including requests for quotes, bids, proposals and complex buy-direct programs for the bank

  • Negotiates basic contractual terms in alignment with Bank standards and documents gaps for approval presentation

  • Manages purchasing catalogs

  • May conduct first line of defense vendor management activities for categories managed by Strategic Sourcing, as defined by the Corporate Third Party Risk Management Program

  • Prepares all aspects of procurement solicitations (RFxs) for the bank

  • Works with Bank stakeholders to refine requirements

  • Evaluates bids and proposals and makes recommendations to stakeholders

  • Liaises, as necessary, with bank departments to adequately aggregate and incorporate bank requirements into applicable purchasing efforts

  • Assists manager with complex contracts and proposal negotiations

  • May manage Sourcing-owned spend categories and Sourcing-owned Third Party Providers in accordance with the Third Party Risk Management program

  • May engage Third Party Providers to evaluate products and service capabilities and make comparative analyses on Third Party Providers' ability to meet or exceed Sourcing's business and/or technical requirements

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Accounting Finance

Location: United States-Arizona-Tempe

Other Locations: United States-Nebraska-Omaha, United States-Minnesota, United States-Wisconsin-General WI, United States-Idaho-General ID, United States-Wyoming, United States-Missouri-General MO, United States-Colorado, United States-Kansas-General KS, United States-Iowa, United States-Texas-Dallas

Requisition ID: 055791

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