Purchasing Supervisor - Purchasing Department -Firstbank Pr

FirstBank Puerto Rico•San Juan, PR

About The Position

Lead purchasing for Puerto Rico and the Eastern Caribbean region. Manage sourcing, purchasing, inventory, suppliers, and contracts to ensure cost-effective, high-quality service and regulatory compliance. Support branches, departments, and subsidiaries with their procurement needs.

Requirements

Bachelor's Degree in Accounting, Administration, Finance, Information Technology or Engineering.
At least three to five years of progressive experience working in or overseeing procurement-related processes, including sourcing, purchasing, vendor coordination, and compliance with internal policies and controls.
Experience in logistics and process management, with demonstrated leadership capabilities, including supervising, mentoring, developing, and motivating team members to achieve operational and organizational objectives.
Strong written and verbal communication for reports, presentations, in Spanish and English.

Nice To Haves

Master's Degree preferred in Business Administration or related area.

Responsibilities

Develop and implement sourcing, procurement, and negotiation strategies aligned with organizational goals.
Lead competitive sourcing initiatives, including request for proposal (RFP), bidding processes, vendor evaluations, proposal analysis, and contract negotiations.
Oversee contract execution and administration to optimize value, manage risk, and ensure favorable commercial terms.
Identify, evaluate, and select qualified suppliers capable of meeting business requirements.
Establish and maintain productive relationships with key vendors and service providers.
Monitor supplier performance and drive continuous improvements in quality, service, and cost effectiveness.
Oversee purchasing activities, inventory levels, and material availability to ensure uninterrupted operations.
Review and approve procurement requests within delegated authority and established policies.
Ensure timely acquisition of office supplies, equipment, technology, furniture, forms, and related services.
Monitor market trends, pricing conditions, supplier capabilities, and industry developments.
Identify and recommend cost-saving and process improvement opportunities that enhance operational efficiency and financial performance.
Support procurement planning activities to meet operational and strategic business needs.
Implement and enhance procurement tools, workflows, and technology solutions.
Standardize purchasing processes to improve efficiency, transparency, reporting, and internal controls.
Leverage data and analytics to support informed purchasing decisions and operational effectiveness.
Ensure compliance with procurement policies, regulatory requirements, and internal control standards.
Maintain complete and accurate procurement documentation and records.
Support vendor risk assessments, audits, compliance reviews, and contract governance activities.
Collaborate with Finance, Legal, Information Technology, Operations, and business leaders to align procurement initiatives with organizational priorities.
Provide strategic guidance on sourcing options, vendor selection, contract management, and purchasing best practices.
Serve as a trusted advisor to internal clients across all regions.