Procurement Project Specialist

U.S. Bank • Minneapolis, MN

1d • Hybrid

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Responsible to assist with development, execution and maintenance of the Procurement strategy through the procurement of the most critical and complex materials, equipment, technology, and/or other goods and services. Identifies new savings opportunities through research of spending patterns, review of overall expenditures and ongoing communication with all areas and levels of the organization. Facilitates processes and negotiations to obtain the highest value in purchased goods and services in order to increase business line net profitability. Consults with internal customers, vendors and other strategic sourcing staff and provides advice and guidance on the most efficient and effective procurement methods and contract negotiations.

Requirements

• Bachelor's degree, or equivalent work experience
• Five or more years of procurement related experience

Nice To Haves

• Extensive knowledge of purchasing, procurement, and contract administration
• Well-developed financial and market analysis skills and experience
• Knowledge of accounts payable/receivable, cash management, and operations
• Basic understanding of applicable laws, regulations, financial services and regulatory trends that impact the assigned business line
• Demonstrated project management skills
• Effective verbal and written communication skills

Responsibilities

• Assist with development, execution and maintenance of the Procurement strategy through the procurement of the most critical and complex materials, equipment, technology, and/or other goods and services.
• Identifies new savings opportunities through research of spending patterns, review of overall expenditures and ongoing communication with all areas and levels of the organization.
• Facilitates processes and negotiations to obtain the highest value in purchased goods and services in order to increase business line net profitability.
• Consults with internal customers, vendors and other strategic sourcing staff and provides advice and guidance on the most efficient and effective procurement methods and contract negotiations.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level