Strategic Sourcing & Procurement Leader

Bancorp Bank; Wilmington (DE); Hybrid; USD 140,000 - 190,000; Full time

Job summary

The Bancorp Bank in Wilmington, DE offers a hybrid VP Sourcing and Procurement role that leads enterprise sourcing, procurement, and the Vendor Management Office. You will drive expense savings, supplier governance, and contract discipline across Finance, Legal, and Technology.

Ideal candidates have 8+ years in sourcing/procurement, strong contract knowledge, and proven analytical and leadership capabilities in a fast-paced, risk-aware environment.

Qualifications

• Bachelor's degree or equivalent combination of training and experience.
• Minimum of 8 years of sourcing and procurement experience.
• Strong working knowledge of legal and vendor contract terms and conditions preferred.
• Excellent analytical and decision-making skills preferred.
• High level of attention to detail preferred.
• Consistent track record of producing high-quality results preferred.
• Ability to lead groups of people toward common goals preferred.
• Excellent verbal, written, and interpersonal communication skills preferred.
• Able to work effectively in a collaborative, multi-tasking environment preferred.
• Proficiency in the Microsoft Office suite, including Excel, PowerPoint, Word, and Outlook, preferred.

Responsibilities

• Develops enterprise sourcing strategy across technology and other third-party spend.
• Analyzes enterprise spending and supplier economics; evaluates consolidation opportunities.
• Delivers expense savings by agreeing annual and in-year savings commitments with Finance.
• Provides senior leadership with reporting on savings, spending, and supplier performance.
• Leads competitive sourcing and negotiation; documents selections and approvals.
• Tracks and validates financial results and supports pricing and contract changes.

Skills

Analytical thinking

Decision making

Interpersonal communication

Leadership

Negotiation skills

Education

Bachelor's degree or equivalent experience

Minimum of 8 years of sourcing and procurement experience

Tools

Excel

PowerPoint

Word

Outlook

Job description

The Bancorp Bank in Wilmington, DE offers a hybrid VP Sourcing and Procurement role that leads enterprise sourcing, procurement, and the Vendor Management Office. You will drive expense savings, supplier governance, and contract discipline across Finance, Legal, and Technology.

Ideal candidates have 8+ years in sourcing/procurement, strong contract knowledge, and proven analytical and leadership capabilities in a fast-paced, risk-aware environment.