Enterprise Procurement Manager

The Enterprise Procurement Manager owns the enterprise-wide procurement strategy and leads its execution. This role oversees sourcing, supplier evaluation, and contract negotiations to secure high-quality, cost-effective suppliers while ensuring compliance with company policies and regulatory requirements. As the primary procurement authority, the Manager drives supplier selection, negotiates commercial terms, and leads cost-optimization initiatives that support operational excellence and long-term business objectives.

Essential Functions

• Develop and execute a comprehensive enterprise procurement strategy aligned with organizational objectives and cost-optimization initiatives.

• Identify, evaluate, and qualify potential suppliers through market research, benchmarking, and analysis of industry trends.

• Conduct thorough assessments of supplier capabilities, financial stability, quality standards, and overall risk profiles.

• Lead negotiations for pricing, contractual terms, and service agreements to maximize value and mitigate risk.

• Establish, maintain, and enforce procurement policies, processes, and documentation to ensure compliance and audit readiness.

• Analyze enterprise spend data to identify cost-saving opportunities and implement initiatives that reduce procurement costs without compromising quality or service.

• Partner cross-functionally with Legal, Finance, Risk, and Operations to align procurement decisions with business goals and regulatory requirements.

• Collaborate with Vendor Relations to support effective onboarding of new suppliers and ensure smooth transitions of procurement ownership.

• Identify potential supply chain risks and develop mitigation and contingency plans to support business continuity.

• Provide regular reporting and insights on procurement performance, cost savings, supplier metrics, and trends to senior leadership.

Required Education and Experience

• Bachelor’s degree in Business, Supply Chain, or related field or commensurate experience.

• 7 years of experience in procurement, strategic sourcing, or supply chain management, with a demonstrated track record of cost optimization and successful contract negotiation.

• Strong knowledge of procurement best practices, compliance requirements, and risk management principles.

• Proven ability to develop and execute procurement strategies and lead complex, enterprise-level sourcing initiatives.

• Advanced negotiation skills with experience managing high-value and high-risk contracts.

• Proficiency with procurement platforms, vendor management systems, and data analysis tools.

• Excellent communication, stakeholder management, and problem-solving skills, with the ability to influence at all levels of the organization.

• Experience within financial services or other highly regulated industries preferred.

• Familiarity with contract lifecycle management (CLM) tools and procurement automation solutions.

• Strong analytical capabilities, including spend analysis and supplier performance evaluation.

• Ability to manage multiple priorities and deliver results in a fast-paced, evolving environment.

Physical Demands

While performing the duties of this job, the employee is frequently required to sit, stand, walk, visualize, talk, hear, and handle or touch objects or controls. The employee may occasionally lift, push, or pull up to 20 pounds.

This position is an office-based position where you must be able to sit for long periods of time. The employee will be working on a computer 90% of the time.