As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members.BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU.To learn more visit becu.org/careers.PAY RANGEThe Target Pay Range for this position is $110,900.00-$135,600.00 annually. The full Pay Range is $86,100.00 - $160,300.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.BENEFITSEmployees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here .IMPACT YOU’LL MAKE :As a Strategic Sourcing Manager at BECU, you’ll play a pivotal role in shaping our Vendor Management Office (VMO). Your expertise will guide the strategic sourcing function, partnering with our Sr. Manager of Strategic Sourcing, business owners, and second-line SMEs. You’ll be the go-to person for business owners, helping them navigate and execute their vendor sourcing initiatives. Your impact will be felt across the organization as you help optimize our vendor portfolio, reduce costs, and drive enterprise-wide initiatives.WHAT YOU’LL DO:
Lead Competitive Sourcing Processes: You'll manage the end-to-end sourcing processes, including RFPs, RFIs, RFQs, and develop negotiation strategies that align with our business goals.
Develop Negotiation Strategies: In collaboration with business units, you'll create and execute negotiation strategies for various vendor engagements, whether competitively sourced, directly sourced, or single sourced.
Serve as a Trusted Advisor: You'll be the expert advisor to business units on all aspects of vendor relationships, from planning and due diligence to contract terms, vendor selection, SLA/performance monitoring, and termination.
Create Vendor Category Strategies: Utilize spend analytics and market/vendor research to develop strategies that optimize our vendor portfolio, reduce spend, and support BECU's strategic initiatives.
Support VMO Peers: Assist in the vendor risk assessment and contracting process, ensuring all engagements align with our risk management policies.
This isn’t just about ticking off tasks on a list. It's about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered.WHAT YOU’LL GAIN:
Influence & Impact: Make your mark by shaping our vendor strategies and optimizing our sourcing processes.
Growth Opportunities: Expand your skill set and career in a supportive environment that encourages professional development.
Collaborative Environment: Work alongside a passionate team committed to innovation and excellence.
Competitive Compensation: Enjoy a comprehensive benefits package and competitive salary that reflects your experience and contributions.
Work-Life Balance: Benefit from flexible work arrangements and a culture that prioritizes your well-being.
QUALIFICATIONS:Minimum Qualifications:
Bachelor’s degree in a business-related field or equivalent experience.
Minimum of five years in strategic sourcing/procurement with expertise across various indirect categories of spend.
Experience with vendor agreements, including MSAs, SOWs and SLAs
Experience in developing category strategies, vendor negotiation and vendor relationship management.
Experience handling conflict and negotiations
Desired Qualifications:
Familiarity with financial institutions and BECU’s regulatory environment
Advanced PC skills, with an advanced knowledge and use of Excel (e.g., XLOOKUP, Pivot tables, etc.)
Strong change management skills
Experience in leading the application of best practice sourcing skills.
Demonstrated strong analytical skills and the ability to transform data into clear and relevant information.
JOIN THE JOURNEYReady to make an indelible impact? Eager to be a part of a collaborative and innovative team where your ideas and contributions don’t just fill a role, but fuel the growth and success of BECU? This is more than a job – it’s a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let’s achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now.EEO Statement:BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.Job Alerts: If you would like to be kept informed of new potential opportunities, click here (https://becu.wd1.myworkdayjobs.com/en-US/External/jobAlerts) . You will be asked to create an account if you do not already have one.From our very beginning, BECU has been about people helping people. As a financial services cooperative, our purpose has and always will be the same: we work together to best serve our members and improve the financial well-being of our community. More than 80 years and one million members later, we're still rooted in our values, practices and mission - and even more passionate about our future.As one of the nation's leading credit unions, we're not driven by profit. We're owned by our members and their interests are at the core of everything we do. Now we're growing faster than ever beforebut we'll never forget our roots. To continue doing right by our members, we believe we must first do right by our people. Here, you'll receive the resources and support you need to learn, grow and build a meaningful career. Because we know it's our people who make us special.