Strategic Procurement Leader
3 weeks ago
At CWB Financial Group, we are committed to building value for our people, clients, and investors every day. We strive to achieve this goal by:
- Putting people first and building relationships with intention.
- Seeking out and embracing new ideas.
- Believing that how we do things is as important as what we do.
As a key member of our team, you will have the opportunity to make a significant impact on our organization's success.
Below are the key responsibilities and requirements for this role:
Key Responsibilities- Develop and communicate a procurement business strategy, setting high standards and innovative procedures.
- Envision and execute long-term departmental goals, focusing on cost-effectiveness and operational efficiency.
- Foster regular collaborations with CWB Financial Group departments and partner companies to enhance standards and procedures, ensuring they align with our goals.
- Develop a robust sourcing strategy, conduct in-depth market research, and drive competitive procurement processes.
- Oversee all aspects of the Coupa Business Spend Management platform, ensuring seamless procure-to-pay operations.
- Effectively manage and communicate procurement standards, contracts, vendor performance, and third-party risk management.
- Cultivate strong relationships with key partners and stakeholders, understanding their unique needs and dynamics.
- Articulate and promote the value of procurement, operating it like a well-run professional services business.
- Be the primary point of contact for procurement and third-party risk management support-related inquiries, aligning policies and procedures across all departments.
- Take charge of the annual Procurement budget, monitoring key performance metrics and focusing on continuous improvement.
- Develop and enhance the skills and competencies of our procurement staff, emphasizing training, development, and knowledge management.
- Post-secondary education in Finance, Commerce, Business Administration, or a related field with a specialization in Procurement.
- One or more relevant industry designations, i.e., Supply Chain Management Professional (SCMP), Certified Professional in Supply Management (CPSM), or Certified Supply Chain Professional (CSCP) designation.
- Six Sigma and/or LEAN certification.
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