Strategic Sourcing Manager

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits? Our \"people helping people\" philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference. While we're proud of our history, we're even more excited about our future. With business and technology transformation on the horizon, there's never been a better time to be part of BECU. You bring more than your expertise to your role, and that matters here. Your story, perspectives, and lived experiences help shape belonging at BECU and deepen how we connect with and support our employees, our members, and our communities. PAY RANGE The Target Pay Range for this position is $117,200.00-$143,200.00 annually. The full Pay Range is $91,000.00 - $169,400.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. BENEFITS BENEFITS – because people helping people starts with supporting you. 401(k) Company Match (up to 3%) 4% annual contribution to your 401(k) by BECU Medical, Dental and Vision (family contributions as well) PTO Program + Exchange Program Tuition Reimbursement Program BECU Cares volunteer time off + donation match To join our dynamic team, we require candidates to be residents of WA, CA, VA, NC, OR, ID, AZ, TX, GA, or SC. If you’re located in Washington state and within a reasonable driving distance from Tukwila, we are requesting that you come into our HQ on Tuesdays & Wednesdays. For those candidates that live outside the commute distance of TFC and in any of our approved remote work locations, this role will be remote. Remote or onsite, we are committed to ensuring you are fully engaged and included in our collaborative environment. IMPACT YOU'LL MAKE Help shape how one of the nation's largest credit unions builds strategic partnerships with its vendors. As a Strategic Sourcing Manager, you'll serve as a trusted advisor to business leaders by leading high-impact sourcing initiatives that drive enterprise value. You'll partner across the organization to develop sourcing and negotiation strategies, optimize BECU's vendor portfolio, and help business leaders navigate complex purchasing decisions with confidence. Your work will directly influence how BECU acquires technology, professional services, and other critical business solutions that enable our long-term strategic priorities. This role is about much more than running RFPs. You'll influence executive stakeholders, develop category strategies, negotiate complex commercial agreements, reduce costs, and strengthen enterprise partnerships. Working within BECU's evolving Vendor Management Office (VMO), you'll collaborate closely with Legal, Vendor Risk, Finance, and business leaders to deliver thoughtful sourcing solutions while continuously improving how we operate. If you're energized by solving complex business challenges, building strong relationships, and creating long-term value through strategic sourcing, this is an opportunity to make a lasting impact. WHAT YOU'LL DO Lead end-to-end strategic sourcing initiatives across multiple indirect spend categories, with a strong emphasis on technology, SaaS, and professional services. Develop sourcing and negotiation strategies that align business objectives with enterprise priorities while optimizing cost, value, and supplier performance. Partner with executive stakeholders and business leaders to understand current and future business needs, providing strategic guidance throughout the sourcing lifecycle. Manage competitive sourcing events including RFPs, RFIs, RFQs, renewals, and direct negotiations for engagements ranging from routine purchases to complex, multi-million-dollar initiatives. Develop category strategies by leveraging spend analytics, market intelligence, supplier research, and industry trends to optimize BECU's vendor portfolio. Evaluate commercial proposals and negotiate business terms while partnering closely with Legal on contract language and Vendor Risk on third‑party risk assessments. Collaborate with Vendor Risk, Contracts, Finance, Information Security, Privacy, and business teams to ensure sourcing decisions align with enterprise governance and regulatory expectations. Help strengthen and mature BECU's Vendor Management Office by identifying process improvements, solving operational challenges, and advancing sourcing best practices. Perform additional duties as assigned. This isn't just about ticking off tasks on a list. It's about making a significant, positive change in BECU's journey. WHAT YOU'LL GAIN The opportunity to influence enterprise-wide sourcing strategies and vendor partnerships that support one of the nation's largest credit unions. Exposure to executive leaders while serving as a trusted advisor on high-impact sourcing initiatives across multiple business functions. The opportunity to lead diverse sourcing engagements ranging from technology modernization initiatives to enterprise-wide professional services partnerships. Experience helping shape and mature a growing Vendor Management Office where your ideas and process improvements will have lasting impact. A collaborative environment where you'll partner closely with Legal, Vendor Risk, Finance, and business leaders to solve complex business challenges. Opportunities to expand your expertise in strategic sourcing, category management, negotiation, and enterprise vendor strategy. QUALIFICATIONS Minimum Qualifications Bachelor's degree in Business, Supply Chain, Finance, or a related discipline, or equivalent combination of education and experience. Minimum five years of experience leading strategic sourcing, procurement, or category management initiatives across multiple indirect spend categories, including developing sourcing strategies, leading competitive sourcing events (RFPs, RFIs, RFQs, and renewals), and negotiating complex commercial vendor agreements, including MSAs, SOWs, SaaS agreements, and SLAs. Experience developing sourcing or category strategies by leveraging spend analytics, market research, and supplier insights to optimize spend, improve vendor performance, and deliver measurable business value, supported by strong stakeholder management, communication, negotiation, and influencing skills. Desired Qualifications Experience sourcing technology, SaaS, cloud services, or professional services. Experience working within financial services or another highly regulated industry. Experience partnering with Vendor Risk, Legal, Information Security, Privacy, or Compliance teams throughout the sourcing lifecycle. Advanced Microsoft Excel skills, including Pivot Tables, XLOOKUP, and advanced data analysis techniques. Experience supporting organizational change, process improvement, or transformation initiatives. Professional certifications such as CPSM, CPSD, CPM, CSCP, or equivalent procurement and supply chain credentials preferred. JOIN THE JOURNEY Ready to make an indelible impact? Eager to be part of a collaborative and innovative team where your ideas and contributions don't just fill a role but fuel the growth and success of BECU? This is more than a job – it's a chance to elevate your career, skills, and future, all while contributing to the robust operational landscape of BECU. BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status. #J-18808-Ljbffr