Director of Procurement

Position Summary

The Procurement Director is responsible for developing a strategic approach to the company-wide process for the purchase of direct and indirect goods and services. This leadership role will direct procurement in partnership with internal vendor business relationship owners, legal, finance and risk. The Procurement Director is responsible for designing and establishing procurement processes, policies and procedures as well as building a centralized procurement function in support of business operations. The goal of the Procurement function is to augment current practices in vendor engagement, risk management and efficiency with a specific goal to reduce spend through savings or cost avoidance.

Duties & Responsibilities

• Develop and communicate a procurement business plan; establish, communicate, and implement long-term goals for the department in order to promote effectiveness and efficiency
• Partner with vendor business relationship owners to lead contract renewals as well as procurement of new goods and services in a way that promotes best practices for vendor engagement
• Serve as the primary contact for procurement-related questions, training, policy and procedure interpretation
• Oversee contract development and negotiation of terms in conjunction with business owners and the legal team
• Develop and implement procurement-related training programs for the organization
• Manage procurement policies, procedures and programs focused on enhancing organizational value and efficiency
• In partnership with internal clients, develop requests for proposals and contracts (new and renewals); evaluate vendor responses and negotiate business terms; collaborate with internal business partners to make procurement decisions
• Cultivate a network of diverse suppliers
• Establish annual department budget and monitor performance to budget
• Manage cross-functional team members to facilitate procurement processes by planning and organizing team workflow and activities as well as providing clear expectations
• Foster a results-oriented environment that promotes accountability and prioritization of work
• Interact with internal and external clients while providing extraordinary service
• Develop and maintain trusted, positive relationships with employees, clients and vendors
• Represent the company a highly professional manner
• Maintain confidentiality; adhere to company policies and procedures; comply with laws, regulations and industry best practices

Education & Experience

Knowledge of :

Ability to :

Education / Training :

Benefits and Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range : $123,000 - $176,000 / year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability / Vets. Visit Busey.com / Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.