VP, Procurement

Axos Bank Target Range: $120,000.00 / Yr. - $150,000.00 / Yr. 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: 12.5% and an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%. These discretionary target bonuses may be awarded semi‑annually based on achievement of performance goals and targets. Job Summary The VP, Sr. Manager Procurement oversees the procurement process, develops and implements procurement strategies, manages supplier relationships, and ensures compliance with company policies. They analyze market trends, negotiate contracts, and lead a team of procurement professionals to optimize purchasing efficiency and cost‑effectiveness. Responsibilities Develop sourcing strategies in conjunction with key business partners to ensure achievement of business requirements. Develop key category strategies, including outsourced services and IT/development, in collaboration with stakeholders, to address risk, total cost, supply, etc. Monitor economic drivers, supply market, to assess impact to Axos. Liaise with key internal stakeholders to determine their product and service needs; collaborate to ensure clarity of specifications and expectations are anticipated and met. Proactively bring cost management opportunities to stakeholders. Source and engage reliable suppliers and vendors, and initiate business and organization partnerships. Examine and test existing contracts; renegotiate as required. Lead contract negotiations planning and execution, in collaboration with internal stakeholders. Provide counsel to key stakeholders on both key legal and business terms during contract negotiations. Develop vendor spend database and tracking. Support an improved source‑to‑pay process, including proper review of contracts by all necessary stakeholders, and coordination with Purchase Order creation. Oversee preparation of regular management reports and spend analysis (e.g., total vendors, vendor changes, new vendors, top vendors, open purchase orders, highest vendors, contract compliance) and develop/reports on key performance indicators to measure performance and internal/external customer satisfaction levels. Track and report key functional and contractual metrics to reduce expenses and improve effectiveness. Control spend and build a culture of long‑term savings on total cost of ownership. Ensure contracts terms meet regulatory guidance and requirements. Ensure vendors and contracts are properly reviewed with Risk, Legal, and other stakeholders for proper due diligence. Qualifications Bachelor’s degree in supply chain management, logistics, business administration, or a relevant degree; MBA preferred. 7+ years of procurement or related role experience. Deep experience working in procurement consulting, finance shared services, and outsourcing environments, including procurement with thorough understanding of accounting controls in a Sarbanes‑Oxley environment, and managing or oversight of multi‑entity and multi‑state processes. Experience managing RFI/RFP processes for large, complex categories of spend. Experience with implementation and operational management of requisition‑to‑PO process. Demonstrated problem‑solving skills with a detail‑oriented mindset and ability to work with complex business challenges. Excellent analytical abilities and ability to apply mathematical concepts such as statistical data, fractions, percentages, ratios, and proportions to practical situations. Talent in negotiations and networking. Good leadership capabilities. Proficient in Excel. Banking industry experience preferred. Experience with online sourcing / procurement tools is a plus. Benefits Medical, dental, vision, and life insurance. Paid sick leave. Three weeks' vacation and holidays (approximately 11 per year). HSA or FSA account and other voluntary benefits. 401(k) retirement savings plan with employer match program and 529 savings plan. Employee mortgage loan program. Free access to an Axos Bank account with self‑directed trading. 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, breastfeeding 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. Other Legal Information Pre‑employment background check and drug screening is required. 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 participates in the U.S. Department of Homeland Security E‑Verify program in all facilities located in the United States. #J-18808-Ljbffr