Remote Vendor & Procurement Leader

Jobvite, Inc.; Des Plaines, Northern (IL, KY); Hybrid; USD 110,000 - 150,000; Full time

Job summary

First Business Bank is seeking a Vendor & Procurement Manager to oversee supplier relationships, support procurement operations, and ensure effective management of third-party providers across the organization.

Reporting to the Chief Risk Officer, this role partners closely with Finance, Legal, IT, Operations, and business leaders to support vendor performance, control costs, maintain compliance, and improve procurement processes.

Qualifications

• Bachelor's degree in supply chain management, business administration, finance, accounting, risk management, or a related field.

Responsibilities

• Vendor Management & Strategic Sourcing: Manage relationships with key vendors and suppliers across the organization.
• Coordinate contract renewals, pricing reviews, and vendor negotiations.
• Identify opportunities for cost savings, vendor consolidation, and process improvements.
• Monitor vendor performance and facilitate periodic business reviews.
• Partner with internal stakeholders to ensure vendor services align with business needs and expectations.
• Support sourcing initiatives, competitive bid processes, and supplier evaluations.
• Coordinate vendor onboarding, due diligence, and ongoing monitoring activities.
• Maintain vendor records, contracts, risk assessments, and supporting documentation.
• Partner with Risk, Compliance, Legal, Finance, and IT teams to ensure vendor management requirements are met.
• Support audits, regulatory examinations, and remediation efforts related to third-party relationships.
• Ensure vendor activities are conducted in accordance with company policies, procedures, and regulatory requirements.
• Provide meaningful insights to department leaders to support informed business decisions.

Skills

Vendor management

Strategic sourcing

Contract negotiations

Budgeting & cost analysis

Data analysis & reporting

Education

Bachelor’s degree in supply chain management, business administration, finance, accounting, risk management, or related field

Tools

Excel

Reporting tools

Job description

First Business Bank is seeking a Vendor & Procurement Manager to oversee supplier relationships, support procurement operations, and ensure effective management of third-party providers across the organization.

Reporting to the Chief Risk Officer, this role partners closely with Finance, Legal, IT, Operations, and business leaders to support vendor performance, control costs, maintain compliance, and improve procurement processes.