Job Summary
This role, Manager of Strategic Sourcing leads the organization’s procurement, sourcing, and accounts payable (AP) functions to ensure strong financial stewardship, operational efficiency, and risk-aware vendor relationships. This role oversees the end‑to‑end sourcing and purchasing lifecycle, while also ensuring timely, accurate, and well‑controlled vendor payments. The position leads and develops a team of vendor managers and procurement and AP professionals, aligning people, processes, and supplier strategy to deliver cost optimization, service excellence, regulatory compliance, and strong internal controls.
The position partners closely with Finance, Risk Management, Legal, IT, Compliance, and business leaders to ensure vendors meet credit union standards for security, performance, resilience, and value.
Essential Functions:
Leadership & Cross-Functional Partnership:
Develop, coach, and lead an effective, high-performance procurement and AP team
Set clear performance expectations and foster a culture of accountability and continuous improvement.
Partner with Finance, Risk, Legal, IT, and business units to align sourcing and payment activities with enterprise strategy.
Present procurement and AP insights, risks, and opportunities to leadership
Strategic Sourcing:
Develop and execute enterprise sourcing and procurement strategies aligned with organizational goals.
Lead competitive sourcing initiatives (RFPs, RFIs, RFQs) to secure best‑value solutions.
Oversee contract negotiations, including pricing, service levels, risk provisions, and termination terms.
Partner with business owners to define requirements and ensure sourcing decisions meet operational needs.
Establish category management, spend analytics, and savings tracking.
Continuously assess vendor market trends and benchmark supplier performance to ensure ongoing alignment with market and business expectations.
Procurement & Accounts Payable Operations:
Standardize procurement workflows, approval thresholds, and documentation.
Promote ethical procurement practices and adherence to delegation-of-authority policies.
Oversee end‑to‑end AP operations, including invoice intake, approvals, disbursements, reconciliations, and vendor inquiries.
Ensure strong internal controls, segregation of duties, and audit readiness.
Drive AP process optimization, automation, and electronic payments.
Monitor AP metrics (aging, cycle time, exception rates, discount capture).
Vendor & Third‑Party Partnership Enablement:
Collaborate with vendor management and risk partners to support vendor onboarding, performance monitoring, and contract compliance.
Support service performance reviews and vendor scorecards.
Identify and escalate vendor‑related financial, operational, or compliance risks.
Contribute to continuous improvement of vendor and procurement governance practices.
Governance, Compliance & Controls:
Maintain policies, procedures, and documentation for procurement and AP processes.
Ensure compliance with internal policies, regulatory expectations, and audit requirements.
Support the organization’s Three Lines of Defense model through strong first‑line ownership.
Drive maturity in sourcing, procurement, and payment controls.
Other:
Adhere to all company policies, procedures and business ethics codes.
Complete required regulatory training as assigned.
Maintain strict adherence and compliance to all laws, rules, regulations and internal controls specific to your role, including but not limited to Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, OFAC and Fair Lending regulations.
Skills
Procurement, Purchasing, Accounts payable, Vendor management, Purchase order, Invoice processing, Supplier management, Invoice reconciliation, Financial Services, Credit Union, Banking, Regulated Industry, Leadership, SOC reports, Cybersecurity Standards, NCUA 12 CFR Part 748, FFIEC, Vendor Management Tools, Sourcing, Cybersecurity tools, Lending platforms, digital banking, Payment systems, Data Solutions, Vendor Scorecards, KPIs, Service Frameworks
Top Skills Details
Procurement,Purchasing,Accounts payable,Vendor management,Purchase order,Invoice processing,Supplier management,Invoice reconciliation,Financial Services,Credit Union,Banking,Regulated Industry,Leadership,SOC reports,Cybersecurity Standards,NCUA 12 CFR P
Minimum Requirements:
- Bachelor’s degree in Supply Chain, Business Administration, Finance, or a related field.
- 7+ years of experience in strategic sourcing, procurement, supply chain, or vendor management.
- Experience in financial services, credit unions, banking, or a regulated industry.
- 5+ years of formal or informal management and leadership experience developing and/or leading teams required.
- Understanding of third‑party risk management requirements (NCUA 12 CFR Part 748, FFIEC, SOC reports, cybersecurity standards).
- Proficiency with procurement or vendor management tools; comfort working with Finance, IT, and Risk teams.
Preferred Requirements:
- 8-10+ years of progressive sourcing experience including leadership of complex initiatives may be considered at theManager level based on scope of the role and responsibilities.
- Experience sourcing technology solutions such as digital banking, lending platforms, payments systems, cybersecurity tools, or data/analytics solutions.
- Experience managing vendor scorecards, KPIs, and service‑level frameworks.
- Knowledge of credit union operating models, cooperative principles, and member‑focused service culture.
Experience Level
Intermediate Level
Job Type & LocationThis is a Contract to Hire position based out of Austin, TX.
Pay and BenefitsThe pay range for this position is $50.00 - $65.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)
This is a hybrid position in Austin,TX.
Application DeadlineThis position is anticipated to close on Jun 30, 2026.
About Aston Carter
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® Platinum Award winner for both client and talent service.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.
San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.
Massachusetts Lie Detector: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.
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