Atlantic Union Bank

Manager, Strategic Sourcing – Supplier Management

Atlantic Union Bank

full-time

Posted on:

Location Type: Hybrid

Location: Glen Allen • Virginia • United States

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Salary

💰 $90,179 - $150,557 per year

About the role

  • Lead, manage and develop teammates to ensure the teammate is growing professionally and meeting the expectations of the team.
  • Owning a particular Center of Excellence within the team – responsible of setting best practices, training and templates that others on the team will leverage.
  • Lead key procurement initiatives, leveraging rigorous, yet flexible processes to drive value for the business unit customer.
  • Responsible for a portfolio of business partners – managing the interaction with the team and ensure that the strategic objectives of the business units are being met.
  • Collaborate and coordinate with internal customers, across multiple sites and business units, ensuring strategic working relationships with key customer groups.
  • Lead and manage category and/or procurement strategies, critical services/and supplier improvement initiatives and cost reduction initiatives.
  • Perform spend, contract and market analysis and use the information to drive the work program for his/her team.
  • Negotiate complex agreements; review and approve deals to ensure the best value for the Bank.
  • Develop Sourcing strategies, contract negotiation strategies and supplier communication strategies on key deals to deliver value for the business.

Requirements

  • Bachelor’s degree in business, finance, supply chain or equivalent military experience
  • Minimum 5 years’ equivalent job-related experience with emphasis on supply chain management
  • 3 years’ experience working in the financial services sector
  • Preferred: MBA or Master’s Degree in Supply Chain or Finance or related
  • Preferred: Certified Purchasing Manager
  • Preferred: Six Sigma and / or Lean experience
  • Skill to develop suppliers, improve supplier relationship management and performance
  • Expert level knowledge of general procurement practices, with a preference for Banking practices
  • PC proficiency in Microsoft Office, including: Excel, Word, Outlook, Project, PowerPoint and windows-based office software
  • Strong analytical/problem-solving skills needed to assess the market place, supplier proposals and perform cost/benefit analyses
Benefits
  • General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
supply chain managementprocurement strategiescontract negotiationmarket analysiscost reductionspend analysissupplier relationship managementanalytical skillsproblem-solving skillsgeneral procurement practices
Soft Skills
leadershipteam managementcollaborationcommunicationstrategic thinkingtrainingrelationship buildingflexibilitynegotiationorganizational skills
Certifications
Bachelor’s degreeMBAMaster’s Degree in Supply ChainMaster’s Degree in FinanceCertified Purchasing ManagerSix SigmaLean