Procurement Analyst

Axos Bank

Target Range:
$25.00 - $25.00
Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

Eligible for an Annual Discretionary Cash Bonus Target: 10%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job
The Procurement Operations Analyst is a key member of the Procurement Operations team, responsible for supporting end-to-end purchasing activities within Oracle and OutSystems technology platforms. This entry level role focuses on executing the Purchase Requisition to Purchase Order (P2P) process, maintaining contract data integrity, and generating actionable reporting that drives procurement efficiency and compliance.

The ideal candidate brings 1-2 years of hands-on, tactical experience within Oracle Procurement (including Oracle Purchasing and Oracle Contracts) and the OutSystems low-code platform, or similar systems. This individual is detail-oriented, process-driven, and comfortable operating within a regulated financial services environment where accuracy, auditability, and timeliness are paramount.

Purchase-to-Pay (P2P) Process Management

• Initiate, process, and manage Purchase Requisitions (PRs) through approval workflows to issued Purchase Orders (POs) within Oracle Procurement.

• Monitor PO lifecycle including amendments, receipts, three-way match (PO/Receipt/Invoice), and closure activities.

• Collaborate with internal stakeholders - Finance, Legal, Compliance, and business units - to ensure PRs are complete, properly coded, and aligned with budget approvals.

• Troubleshoot and resolve PR/PO discrepancies, approval escalations, and supplier acknowledgment issues in a timely manner.

• Enforce procurement policy compliance throughout the P2P cycle and escalate exceptions to management as appropriate.

Contract Management & Data Entry

• Accurately enter, maintain, and update contract records within Oracle Contract Management and the OutSystems contract lifecycle management (CLM) module.

• Ensure contract metadata - effective dates, expiration/renewal triggers, spend thresholds, counterparty data, and obligation milestones - is complete and current.

• Coordinate with Legal and Vendor Management teams on contract execution, amendments, and archiving.

• Monitor contract milestone alerts and proactively notify stakeholders of upcoming renewals, expirations, and required reviews.

• Support vendor onboarding by validating supplier records and documentation in Oracle Supplier Hub.

Reporting & Analytics

• Generate standard Oracle Procurement reports including spend analysis, PO status, open commitments, receipt accruals, and contract utilization.

• Analyze procurement data to identify trends, supplier performance issues, savings opportunities, and process bottlenecks.

• Prepare recurring and ad-hoc reports for senior leadership, Finance, and Compliance stakeholders.

• Maintain data integrity within both systems to ensure report accuracy and auditability.

System Administration Support

• Support configuration and maintenance tasks in Oracle Procurement and OutSystems as directed by the Procurement Manager or system administrators.

• Participate in system upgrades, UAT (User Acceptance Testing), and deployment activities for both platforms.

• Document system processes, workflows, and user guides for the Procurement Operations team.

• Serve as a Tier-1 resource for internal user inquiries related to Oracle Procurement and the OutSystems procurement application.

Process Improvement & Compliance

• Identify and recommend opportunities to streamline P2P workflows, reduce cycle times, and improve data quality.

• Assist in developing and maintaining standard operating procedures (SOPs) for procurement processes.

• Ensure all procurement activities adhere to Axos Bank internal controls, SOX compliance requirements, and applicable regulatory standards.

• Participate in internal and external audits by providing documentation, reports, and process walkthroughs.

Required Qualifications

• Experience in a regulated industry such as banking, financial services, or insurance preferred.

• Familiarity with SOX (Sarbanes-Oxley) compliance controls as they apply to procurement and contract management.

• Knowledge of vendor risk management principles and third-party oversight frameworks (e.g., OCC guidance on third-party risk).

• Exposure to e-sourcing or RFx processes (RFI, RFP, RFQ) within Oracle Sourcing or equivalent platforms.

• Understanding of accounts payable processes and invoice-to-pay matching in Oracle.

• Experience with data visualization tools such as Power BI or Tableau for supplemental procurement reporting.

• Familiarity with contract legal terminology, NDA structures, MSAs, SOWs, and SLAs from a data management perspective.

Axos Employee Benefits May Include:

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We're a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Pre-Employment Background Check and Drug Test:

All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity:

Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.

Job Functions and Work Environment:

While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.

The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

IER Right to Work Poster (English/Spanish)

E-Verify Participation Poster (English/Spanish)