About The Position

Candescent is the largest non-core digital banking provider. We bring together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes on any core. Our Candescent solutions power the top three U.S. mobile banking apps and are trusted by banks and credit unions of all sizes. We offer an extensive portfolio of industry-leading products and services with an extensible ecosystem of out-of-the-box and integrated partner solutions. In addition, our API-first architecture and developer tools enable financial institutions to optimize and expand upon their existing capabilities by seamlessly integrating custom-built or third-party solutions. And our connected in-person, remote and digital experiences reinvent customer service across all channels. Self-service configuration and marketing tools give financial institutions greater control of their branding, targeted messaging and overall user experience. And data-driven analytics and reporting tools provide valuable insights to help drive continued growth and profitability. From conversions and implementations to custom development and customer care, our clients get expert, end-to-end support at every step. Job Summary: We are seeking a strategic and detail-oriented Technology Purchasing Lead to join our team. This role will be responsible for working hand in hand with the procurement team for all technology-related products and services, ensuring optimal pricing, quality, and timely delivery to meet the operational needs of the organization. The ideal candidate will have strong negotiation skills, a background in technology pu rchasing , and a passion for finding the best solutions for our team.

Requirements

  • Bachelor’s degree in Sourcing Management , Information Technology, Business Administration, or related field.
  • Proven experience in technology procurement or a related role, preferably in a medium to large organization.
  • Strong knowledge of IT products, services, and emerging trends in technology.
  • 7-10 Yrs Experience in contract negotiation and vendor management.
  • Familiarity with procurement software and inventory management tools.
  • Excellent analytical, communication, and negotiation skills.
  • Strong project management and organizational abilities .
  • Understanding of IT infrastructure and business technology requirements .

Nice To Haves

  • Professional certifications such as Certified Professional in Supply Management (CPSM), or equivalent.
  • PMP Experience with enterprise resource pl anning (ERP) systems, such as SAP or Oracle.
  • Strong financial acumen and ability to track and coordinate budgets across different business units .

Responsibilities

  • Develop and implement purchasing strategies for technology products and services, aligning with organizational goals.
  • Manage the end-to-end procurement process, including sourcing, negotiation, contract management, and vendor relations to ensure the best value for the organization.
  • Analyze market trends and pricing data to make informed purchasing decisions and forecasts.
  • Collaborate with IT and other departments to understand their technology needs and provide an accurate forecast for equipment purchasing .
  • Maintain a comprehensive database of suppliers and contracts, ensuring compliance with organizational standards and policies.
  • Evaluate supplier performance and negotiate contract renewals to ensure ongoing value and quality of services/products.
  • Develop and maintain relationships with key vendors to facilitate communication and resolve any issues.
  • Prepare and present purchasing reports and metrics to senior management regularly.
  • Stay updated on industry trends, new technologies , and best purchasing practices.
  • Train and mentor team members on procurement processes and best practices.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

1,001-5,000 employees

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