IT Business Operations, Technology Purchasing Lead

Technology Purchasing Lead

Candescent is the largest non-core digital banking provider. We bring together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes on any core. Our Candescent solutions power the top three U.S. mobile banking apps and are trusted by banks and credit unions of all sizes.

We offer an extensive portfolio of industry-leading products and services with an extensible ecosystem of out-of-the-box and integrated partner solutions. In addition, our API-first architecture and developer tools enable financial institutions to optimize and expand upon their existing capabilities by seamlessly integrating custom-built or third-party solutions. And our connected in-person, remote and digital experiences reinvent customer service across all channels.

Self-service configuration and marketing tools give financial institutions greater control of their branding, targeted messaging and overall user experience. And data-driven analytics and reporting tools provide valuable insights to help drive continued growth and profitability. From conversions and implementations to custom development and customer care, our clients get expert, end-to-end support at every step.

Job Summary: We are seeking a strategic and detail-oriented Technology Purchasing Lead to join our team. This role will be responsible for working hand in hand with the procurement team for all technology-related products and services, ensuring optimal pricing, quality, and timely delivery to meet the operational needs of the organization. The ideal candidate will have strong negotiation skills, a background in technology purchasing, and a passion for finding the best solutions for our team.

Key Responsibilities:

• Develop and implement purchasing strategies for technology products and services, aligning with organizational goals.
• Manage the end-to-end procurement process, including sourcing, negotiation, contract management, and vendor relations to ensure the best value for the organization.
• Analyze market trends and pricing data to make informed purchasing decisions and forecasts.
• Collaborate with IT and other departments to understand their technology needs and provide an accurate forecast for equipment purchasing.
• Maintain a comprehensive database of suppliers and contracts, ensuring compliance with organizational standards and policies.
• Evaluate supplier performance and negotiate contract renewals to ensure ongoing value and quality of services/products.
• Develop and maintain relationships with key vendors to facilitate communication and resolve any issues.
• Prepare and present purchasing reports and metrics to senior management regularly.
• Stay updated on industry trends, new technologies, and best purchasing practices.
• Train and mentor team members on procurement processes and best practices.

Qualifications:

• Bachelor's degree in Sourcing Management, Information Technology, Business Administration, or related field.
• Proven experience in technology procurement or a related role, preferably in a medium to large organization.
• Strong knowledge of IT products, services, and emerging trends in technology.
• 7-10 Yrs Experience in contract negotiation and vendor management.
• Familiarity with procurement software and inventory management tools.
• Excellent analytical, communication, and negotiation skills.
• Strong project management and organizational abilities.
• Understanding of IT infrastructure and business technology requirements.

Preferred Skills:

• Professional certifications such as Certified Professional in Supply Management (CPSM), or equivalent. PMP
• Experience with enterprise resource planning (ERP) systems, such as SAP or Oracle.
• Strong financial acumen and ability to track and coordinate budgets across different business units.

EEO Statement Integrated into our shared values is Candescent 's commitment to diversity and equal employment opportunity. All qualified applicants will receive consideration for employment without regard to sex, age, race, color, creed, religion, national origin, disability, sexual orientation, gender identity, veteran status, military service, genetic information, or any other characteristic or conduct protected by law. Candescent is committed to being a globally inclusive company where all people are treated fairly, recognized for their individuality, promoted based on performance and encouraged to strive to reach their full potential. We believe in understanding and respecting differences among all people. Every individual at Candescent has an ongoing responsibility to respect and support a globally diverse environment.

Statement to Third Party Agencies To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.