Procurement Analyst

Job Overview

PenFed is hiring a (Hybrid) Procurement Analyst at our Tysons, Virginia location. The Procurement Analyst supports end-to-end procurement activities for a broad range of goods and services across PenFed business units. This role serves as a primary liaison among business owners, suppliers, Legal, Compliance, and other internal stakeholders to support sourcing events, contract review and negotiation, purchase requisition and purchase order workflows, and supplier communications. The Procurement Analyst analyzes supplier proposals and pricing, supports vendor selection and contracting activities, helps maintain compliance with procurement policies and procedures, and contributes to process improvement, reporting, and stakeholder guidance throughout the procurement lifecycle.

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Manage or support end-to-end sourcing events, including RFIs and RFPs, from requirements gathering through supplier communications, evaluation support, recommendation development, and award documentation.

• Review purchase requisitions for completeness and alignment with business needs; support workflow progression and generate purchase orders within the procurement system.

• Analyze supplier proposals, pricing, and commercial terms; prepare comparative analyses and support recommendations to business stakeholders.

• Coordinate contract review and negotiation activities with Legal, Compliance, business owners, and suppliers; track redlines, approvals, and execution.

• Serve as a primary point of contact for internal stakeholders and suppliers regarding procurement processes, timelines, status updates, and documentation requirements.

• Support vendor onboarding, due diligence coordination, contract renewals, amendments, and terminations.

• Maintain accurate procurement records, sourcing files, approvals, and supporting documentation in accordance with policy requirements.

• Support vendor performance tracking, supplier relationship management, and issue resolution.

• Provide guidance to business units on procurement policies, procedures, systems, and required approvals; identify opportunities to improve efficiency.

• Prepare reports, summaries, and analyses related to sourcing activities, pipeline status, savings opportunities, and procurement operations.

• Collaborate across Procurement, Finance, Accounts Payable, Legal, Compliance, Third Party Risk Management, and business units to drive timely and compliant outcomes.

Qualifications

Equivalent combination of education and experience is considered.

• Bachelor's degree in business, supply chain, finance, or a related field, or equivalent experience

• 2-4 years of experience in procurement, sourcing, purchasing, contract administration, or related field

• Working knowledge of procurement systems, ERP platforms, and Microsoft Office products (Excel, PowerPoint)

• Strong analytical, organizational, and problem-solving skills with attention to detail

• Effective written and verbal communication skills, with ability to coordinate across multiple stakeholders

• Ability to interpret commercial terms, support negotiations, and follow established policies and approval requirements

• Experience using automation or A.I. tools preferred.

Supervisory Responsibility

The position will not supervise employees.

Licenses and Certifications

There are no additional licenses or certifications required for this position.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.

Travel

The ability to travel to various worksites may be required.

Benefits

At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.

Our Purpose

Helping members achieve their dreams since 1935. Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.

Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently-owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country. With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long-term rentals, corporate relocation services and national referral network.

Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at View phone number on click.appcast.io.