Director, Strategic Sourcing (Contract Management)

First Tech Federal Credit Union; Hillsboro (OR); On-site; USD 147,000 - 176,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401K with company match

Paid time off: 15 vacation days, 40 Hs

3 personal days

11 federal holidays

Employee pricing on lending products

Job summary

First Tech Federal Credit Union is seeking a Director of Strategic Sourcing to lead contract management, governance, and lifecycle execution. You will collaborate with business, legal, finance, and operations to align agreements with priorities, drive value, and ensure compliance.

The role involves overseeing negotiations, risk management, and process improvements across the contract portfolio, with a focus on optimization and operational excellence.

Qualifications

• Minimum 8+ years of experience in contract management, procurement, legal operations, or related fields.
• Minimum 4+ years of experience leading a diverse team including hiring, coaching and performance management.
• Demonstrated leadership experience managing teams and cross‑functional initiatives.
• Strong expertise in contract lifecycle management, negotiation, and governance practices.

Responsibilities

• Lead contract management functions across the organization, ensuring consistent execution of contract lifecycle activities from drafting through renewal or termination.
• Establish and oversee frameworks, standards, and processes for contract development, negotiation, approval, and administration.
• Oversee negotiation of complex contracts, balancing financial, operational, and risk considerations to support business outcomes.
• Ensure compliance with contractual obligations, regulatory requirements, and internal policies across all agreements.
• Provide leadership on contract‑related risks, issues, and escalations, driving resolution through cross‑functional coordination.
• Partner with stakeholders to align contract structures and terms with business needs, service delivery expectations, and financial goals.
• Oversee contract tracking, reporting, and performance monitoring, using data to identify trends, risks, and opportunities for improvement.
• Ensure accurate documentation and management of contracts, including amendments, renewals, and version control within centralized repositories.
• Drive continuous improvement in contract management processes, tools, and workflows to increase efficiency and transparency.
• Support financial oversight related to contracts, including cost optimization and value realization from agreements.
• Lead and develop managers and/or senior professionals, fostering strong capability and accountability across the function.

Skills

Contract management

Leadership

Negotiation

Governance

Stakeholder management

Contract lifecycle

Regulatory compliance

Data analysis

Communication

Cross-functional collaboration

Education

Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)

Tools

Contract management systems

Documentation/version control

Job description

Description

The Director, Strategic Sourcing provides leadership for contract management to align agreements with business goals and reduce risk. This role oversees the full contract lifecycle, establishes governance frameworks, and ensures consistent execution. It partners with business, legal, finance, and operations to drive value, align strategies with priorities, and ensure compliance with internal policies and external requirements.

The Director, Strategic Sourcing provides leadership for contract management to align agreements with business goals and reduce risk. This role oversees the full contract lifecycle, establishes governance frameworks, and ensures consistent execution. It partners with business, legal, finance, and operations to drive value, align strategies with priorities, and ensure compliance with internal policies and external requirements.

Job Duties

• Lead contract management functions across the organization, ensuring consistent execution of contract lifecycle activities from drafting through renewal or termination.
• Establish and oversee frameworks, standards, and processes for contract development, negotiation, approval, and administration.
• Oversee negotiation of complex contracts, balancing financial, operational, and risk considerations to support business outcomes.
• Ensure compliance with contractual obligations, regulatory requirements, and internal policies across all agreements.
• Provide leadership on contract‑related risks, issues, and escalations, driving resolution through cross‑functional coordination.
• Partner with stakeholders to align contract structures and terms with business needs, service delivery expectations, and financial goals.
• Oversee contract tracking, reporting, and performance monitoring, using data to identify trends, risks, and opportunities for improvement.
• Ensure accurate documentation and management of contracts, including amendments, renewals, and version control within centralized repositories.
• Drive continuous improvement in contract management processes, tools, and workflows to increase efficiency and transparency.
• Support financial oversight related to contracts, including cost optimization and value realization from agreements.
• Lead and develop managers and/or senior professionals, fostering strong capability and accountability across the function.

Essential Skills

• Minimum 8+ years of experience in contract management, procurement, legal operations, or related fields
• Minimum 4+ years of experience leading a diverse team including hiring, coaching and performance management
• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree), advanced degree preferred.
• Demonstrated leadership experience managing teams and cross‑functional initiatives.
• Strong expertise in contract lifecycle management, negotiation, and governance practices.
• Ability to interpret complex contract language and assess risk and compliance implications.
• Strong analytical and problem‑solving skills for resolving contract issues and optimizing outcomes.
• Experience with contract management systems and tools for tracking, reporting, and documentation.
• Strong communication and stakeholder‑management skills, including engagement with senior leaders.
• Ability to balance strategic priorities with operational execution in a dynamic environment.

Location: Hillsboro Corporate Office | Hillsboro OR 97124 OR Marlborough Corporate Office | Marlborough, MA

Target Compensation:

$146,500 to 176,000 base pay + Annual Bonus

Benefits Options Include

• Traditional medical, dental, and vision coverage
• Generous 401K company matching
• Paid Time Off: You’ll accrue up to 15 vacation days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

Who We Are

Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.

What makes First Tech different? Click here to learn more!

Employees Are Eligible For

• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)

Employment Statements

First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to [e-mail] and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

First Tech is not currently offering Visa transfer/sponsorship for this position.