Procurement Manager

MUFG Investor Services•Dallas, TX

15d•Remote

About The Position

The Procurement Manager leads end-to-end procurement activities across the organization, ensuring that sourcing strategies align with financial, operational, and regulatory requirements. This role is responsible for managing supplier relationships, optimizing procurement processes, and ensuring compliance with internal controls and industry regulations. The officer partners closely with finance, risk, operations, and legal teams to deliver value for money and support enterprise-wide strategic objectives.

Requirements

Bachelor’s degree in Business, Finance, Supply Chain, or related field.
5+ years of procurement experience, preferably in financial services or a regulated industry.
Strong knowledge of tendering, contract law, and procurement best practices.
Demonstrated experience managing complex sourcing projects and negotiating contracts.
Proficiency with procurement systems and financial management tools.

Nice To Haves

Professional certification (e.g., CIPS, CPSM).
Experience with regulatory frameworks relevant to financial institutions.
Advanced data analysis and reporting skills.

Responsibilities

Lead the full procurement lifecycle for goods, services, technology, and professional services relevant to financial institutions.
Conduct needs assessments and determine appropriate procurement methods (RFP, RFQ, tenders, direct sourcing).
Develop and execute category strategies that support cost optimization and operational efficiency.
Review procurement requests to ensure alignment with budgets, policies, and business priorities.
Oversee preparation and issuance of tender documents, bid evaluations, and contract award recommendations.
Draft, negotiate, and finalize contracts in collaboration with legal and risk teams.
Ensure all procurement activities comply with financial regulations, internal controls, and industry-specific governance standards.
Maintain accurate and timely publication of procurement notices, contract records, and transparency documentation.
Monitor contract performance, service-level agreements, and vendor adherence to regulatory requirements.
Develop and maintain strong supplier relationships to ensure quality, reliability, and value for money.
Conduct supplier due-diligence checks, including compliance with financial-sector regulations and ethical standards.
Lead supplier performance reviews and implement corrective actions where necessary.
Identify procurement-related risks and implement mitigation strategies.
Ensure procurement processes support fraud prevention, transparency, and accountability.
Support internal and external audits by maintaining accurate documentation and demonstrating compliance.
Produce procurement KPIs, spend analyses, and value-for-money reports for senior leadership.
Contribute to the development and refinement of procurement policies, systems, and tools.
Lead initiatives to improve procurement efficiency, digitalization, and strategic alignment.
Provide guidance and training to junior procurement staff and business stakeholders.
Collaborate with cross-functional teams to support enterprise projects and financial planning.
Represent the procurement function in internal committees and external stakeholder meetings.