Co-op services Credit Union Procurement Negotiator in Urbandale, Iowa
We are seeking a talented Procurement Negotiatorto manage the procurement of goods and services for the enterprise. This role guides internal and external stakeholders through the vendor process, which includes: managing contract negotiations and renewals, administering and facilitating contracts with both internal and external customers, and managing areas of contract risk and enforcing appropriate risk mitigation terms.
What You Can Look Forward to
Facilitate purchase requests, including the evaluation and onboarding of vendors, risk review and contract negotiation processes.
Manage the contract administration process, including handling requests, facilitating notices, managing vendor renewals, and ensuring appropriate execution of all legal and purchasing documents.
Collaborate with other departments, including Legal, Information Security, Risk, Finance, and IT, throughout the purchasing process.
Maintain the enterprise-wide contract management system, and associated processes for the tracking of contractual obligations, renewal dates, and expirations.
Negotiate with vendors on contract terms, conditions, and pricing.
Act as a liaison with legal counsel, internal business owners, internal stakeholders, and vendors to drive contracts to execution.
Work with internal stakeholders to leverage cost savings opportunities and establish cost effective practices.
Maintain deadlines on deliverables and communicate on an ongoing basis with all appropriate parties about any issues encountered in the vendor process.
Help internal customers troubleshoot and resolve vendor issues and challenges.
Coordinate the contract execution review and approval process.
Responsible for reporting risks that are identified to the appropriate team and/or management. Additionally, responsible for managing, monitoring and reporting risks within the scope of your work area, to include, but not limited to Information Security risks.
Actively supports and embraces our core values of Work as Partners, Communicate Openly and Honestly, Demonstrate Excellence and Champion Change in all interactions.
What You’ll Need to Succeed
Completion of high school, or equivalent.
Bachelor’s degree plus 4+ years of related experience, preferably in the financial services industry, or equivalent training and/or experience.
Proficient PC knowledge and the use of standard software packages, such as Microsoft Word, Excel, and PowerPoint.
Experience participating as part of cross functional teams.
Experience working in or with contract management, legal, procurement, or vendor management, or equivalent training and/or experience is desirable.
Experience working in the financial services industry preferred.
Background or knowledge in business analysis, project management, IT, risk management, and/or compliance preferred.
Previous experience working with external vendors, consultants and professional services partners preferred.
Excellent verbal and written communication skills.
Strong attention to detail, time management, and organizational skills.
Ability to build strong relationships with stakeholders at all levels, internally and externally.
Detail-oriented with strong problem solving skills and the ability to identify, analyze, and resolve problems, driving solutions to completion.
Ability to work under minimal supervision and manage multiple tasks/projects simultaneously, while meeting demanding deadlines.
Creativity, flexibility, and willingness to embrace change. Ability to work collaboratively and effectively in multi-functional teams.
Why Join CO-OP?
CO-OP is committed to fostering a workplace where every employee feels valued, respected, and connected. We are dedicated to understanding, attracting and engaging a diverse workforce where every employee can live up to their value; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. You will be part of an organization that focuses on a strong culture and embodies the credit union movement philosophy of People Helping People. CO-OP’s commitment to reflecting our own core values and purpose extends beyond how we serve our clients and the products that we deliver.
With more than 35 years of industry leadership, CO-OP Financial Services is the largest, most comprehensive credit union service organization in the nation. CO-OP serves as THE credit union technology engine, bringing payments solutions, engagement services and strategic counsel to help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service.
CO-OP serves more than 3,000 client credit unions, with 60 million debit and credit cardholders, nearly 30,000 surcharge-free ATMs and more than 5,600 shared branches nationwide. Our vast technological ecosystem facilitates more than 6.5 billion transactions every year and equips credit unions of all sizes to deepen member engagement and prosper in the fast-paced world of fintech.
Fun, challenging and, collaborative work environment with passionate colleagues that care deeply about the intersection of technology and human-centered financial services.
Great Work/Life Benefits – Paid Time Off (PTO), Maternity, Parental, Family Care, Adoption Leave Programs, Community Volunteer Time Off, and 10 Paid Holidays.
Health benefits – medical, dental, & vision plus wellness programs and gym reimbursements.
401K with generous company match.