Director, Procurement
Sallie Mae, Newark, DE, United States
What You’ll Contribute
The Director, Procurement will be responsible for developing and implementing procurement strategies, managing supplier relationships, ensuring cost efficiency, and driving operational excellence in the procurement process.
What You’ll Do
Develop and implement procurement strategies and policies aligned with the company’s objectives and financial goals.
Lead and manage a team of procurement professionals, providing guidance, support, and fostering a collaborative work environment.
Establish and maintain strong relationships with suppliers, ensuring reliable and cost-effective sourcing of goods and services.
Negotiate contracts and agreements with suppliers, optimizing terms, conditions, and pricing to achieve the best value for the organization.
Monitor supplier performance, evaluate and manage risks, and implement strategies for supplier improvement and relationship development.
Conduct market research and analysis to identify trends, opportunities, and potential risks impacting the procurement function.
The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.
What You Have Minimum:
Strong knowledge of procurement processes, contract negotiations, and supplier relationship management.
Excellent leadership and team management skills, with the ability to motivate and develop a high-performing procurement team.
Exceptional negotiation and communication abilities, with a proven track record of successfully managing supplier relationships.
Analytical mindset with strong problem-solving skills, capable of identifying cost-saving opportunities and implementing process improvements.
Familiarity with procurement systems and technologies to streamline operations and improve efficiency.
Strong business acumen and financial literacy, with the ability to analyze data, budgets, and financial reports.
Preferred:
Bachelor’s degree in business, supply chain management, or a related field. Master’s degree is a plus.
7+ years of experience in procurement, with progressive responsibilities and a focus on strategic sourcing and supplier management.
The Americans With Disabilities Act The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the “essential functions” of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.
Feeling Your Best Helps You Do Your Best
Competitive base salaries
Bonus incentives
Generous PTO, Floating Holidays and 12 Federal Holidays observed
Support for financial-well‑being and retirement 401k with employer match
Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
Employer paid short-term/long-term disability and basic life insurance
Flexible hybrid working arrangements.
Paid parental leave and adoption reimbursement programs
Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
Tuition Reimbursement and Family Scholarship Programs
Career development and training opportunities
Equal Opportunity (EEO) Employer Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law.
Reasonable Accommodation Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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What You’ll Do
Develop and implement procurement strategies and policies aligned with the company’s objectives and financial goals.
Lead and manage a team of procurement professionals, providing guidance, support, and fostering a collaborative work environment.
Establish and maintain strong relationships with suppliers, ensuring reliable and cost-effective sourcing of goods and services.
Negotiate contracts and agreements with suppliers, optimizing terms, conditions, and pricing to achieve the best value for the organization.
Monitor supplier performance, evaluate and manage risks, and implement strategies for supplier improvement and relationship development.
Conduct market research and analysis to identify trends, opportunities, and potential risks impacting the procurement function.
The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.
What You Have Minimum:
Strong knowledge of procurement processes, contract negotiations, and supplier relationship management.
Excellent leadership and team management skills, with the ability to motivate and develop a high-performing procurement team.
Exceptional negotiation and communication abilities, with a proven track record of successfully managing supplier relationships.
Analytical mindset with strong problem-solving skills, capable of identifying cost-saving opportunities and implementing process improvements.
Familiarity with procurement systems and technologies to streamline operations and improve efficiency.
Strong business acumen and financial literacy, with the ability to analyze data, budgets, and financial reports.
Preferred:
Bachelor’s degree in business, supply chain management, or a related field. Master’s degree is a plus.
7+ years of experience in procurement, with progressive responsibilities and a focus on strategic sourcing and supplier management.
The Americans With Disabilities Act The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the “essential functions” of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.
Feeling Your Best Helps You Do Your Best
Competitive base salaries
Bonus incentives
Generous PTO, Floating Holidays and 12 Federal Holidays observed
Support for financial-well‑being and retirement 401k with employer match
Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
Employer paid short-term/long-term disability and basic life insurance
Flexible hybrid working arrangements.
Paid parental leave and adoption reimbursement programs
Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
Tuition Reimbursement and Family Scholarship Programs
Career development and training opportunities
Equal Opportunity (EEO) Employer Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law.
Reasonable Accommodation Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
#J-18808-Ljbffr