Job#: 2086867

Job Description:

Job Description

Strategic Sourcing Analyst

Basic Purpose:

Responsible for leading the RFx development, negotiation, and source selection process at NFCU. Perform due diligence activities for potential vendors, issuing RFx’s, conduct price analysis and negotiation and source selection. Ensure compliance with Navy Federal Credit Union procurement policies and procedures. Leverage best in class practices and sound sourcing processes that will drive reliable and innovative Total Cost of Ownership initiatives. Assist in the planning and execution of sourcing initiatives that result in successful contracts that support business goals and strategies.

Responsibilities:

Assist the strategic sourcing organization in collaboration with our partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights

Preparation, issuance and management of a RFP’s/ RFIs

Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works.

Administer the supplier due diligence process including non-disclosure agreements, Source Justification, and intake request triage.

Participates in collaborative handoffs with Procurement to ensure effectively negotiated contracts that meet desirable financial terms and conditions.

Ability to analyze large data sets to ensure objective outcomes

Maintain Relationships with lines of business, team members, management, key stakeholders and external contacts (vendors, etc)

Collaborate with stakeholder groups (Operations, PVM, EPMO, OGC, Information Security, etc) to achieve objectives and ensure alignment with Navy Federal’s strategy and business operations.

Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement/sourcing processes and building relationships with key stakeholders

Support higher level staff with analyzing business unit requirements for leveraging opportunities, supplier recommendations and acquisition planning

Assist in source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources

Obtain and analyze vendor performance and delivery data for to ensure quality, consistency, and fairness to inform sourcing activities

Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results.

Assist in the development of product category strategy and research new product options in the category to drive TCO savings and achieve targets

Perform market data analysis and monitor relevant market conditions for assigned categories

Perform other duties as assigned

Qualifications and Education Requirements:

• Bachelor’s Degree in Business Administration or a related field, or the equivalent combination of education, training, and experience

• Exposure to preparing and reviewing RFPs, RFIs, SOWs

• Exposure to strategic sourcing, category management, subcontracts management or procurement

• Exposure in managing a formalized process of selecting, monitoring and evaluating vendors/vendor contracts

• Effective skill exercising initiative and using good judgment to make sound decisions

• Basic skill resolving conflicting requests and meeting changing requirements managing multiple priorities independently and/or in a team environment to achieve goals

• Effective communicating and presentations skills

• Effective relationship building, negotiation and facilitation skills

• Effective data analytics and manipulation skills

• Effective skill maintaining accuracy with attention to detail and meeting deadlines

• Basic skill at working with and communicating with all with all levels of employees and management within and outside the organization

• Exposure to collaborating across organizational boundaries and building partnerships across various functions

• Effective skill using innovative thinking and data analysis to solve problems and facilitate the decision-making process

• Effective verbal and written communication skills

Effective database, word processing, spreadsheet, and presentation software skills

Desired Qualifications and Education Requirements:

• 3-5 years procurement, vendor management and/or risk management function

• Working knowledge of Navy Federal’s functions, philosophy, operations and organizational objectives

• Professional Certification CPSM

Bank Secrecy Section (BSA):

Remains cognizant of and adheres to Navy Federal policies and procedures, regulations pertaining to the Bank Secrecy Act.

EEO Employer

Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or 844-463-6178.

EEO Employer

Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or 844-463-6178.

Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing® in Talent Satisfaction in the United States and Great Place to Work® in the United Kingdom and Mexico.

Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our ‘Welcome Packet’ as well, which an Apex team member can provide.