Job Information
U.S. Bank Senior Procurement Relationship Manager in Minneapolis, Minnesota
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
The Procurement Relationship Manager will grow Procurements involvement with the business by building relationships with key stakeholders. They will prospect new opportunities and grow existing engagements by providing professional guidance, benchmarking, and competitive exercises. They will support and enhance supplier performance, management and third-party risk. They are responsible for leading and coordinating Procurement, Contract Analysts and Business Line representatives for the enterprise. They will use a combination of outstanding cross-functional thinking, business judgment, and strategic thinking to innovate on behalf of customers. They are responsible for both software and services contracts within a specific business or across the enterprise. The ideal candidate would have done a few software deals for Saas or APIs. Contracted for market data, professional services, and/or staff augmentation with global delivery as a plus. Banking/Finance background is helpful but not required. They will assist stakeholders with vendor strategies and planning. They will utilize best in class Procurement processes and leverage contract opportunities.
Basic Qualifications
Bachelor's degree, or equivalent work experience
Eight to ten years of experience in procurement contract activities
Preferred Skills/Experience
Advanced knowledge of purchasing, procurement, and contract negotiation and administration
Knowledge of Procurement leading practices
-Familiarity with contract terms and proficiency in contract review
-Effective communication and influencing skills
Strong relationship management and business development abilities
Well-developed analytical and problem-solving skills
Ability to multi-task, attention to detail, organizational skills, outstanding customer service, judgment in handling confidential information.
Strong sales and collaborative team building skills
Well-developed financial and market analysis skills and experience
Excellent verbal and written communication skills
Well-developed management and leadership skills
Knowledge of accounts payable/receivable, cash management, and operations
Ability to work effectively with individuals and groups at all levels across the company
Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $116,280.00 - $136,800.00 - $150,480.00
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.