Buyer Sr Job Listing at City National Bank in Los Angeles, CA (Job ID 11309)

Description

BUYER SR WHAT IS THE OPPORTUNITY? City National Bank is looking for a Buyer to join their centralized Procurement department supporting all business lines and offices in North America. This individual contributor role is responsible for Procurement Catalogue management and purchase order generation for transactions outside of catalogues. This position will manage vendors in the Procurement system and monitor supplier relationships to ensure an acceptable level of service. The Buyer will be responsible for analyzing data to identify trends and recommend and adjust catalogue product and service offerings, work with suppliers to forecast inventories available for CNB's purchase. The Buyer must have the ability to work on procurement assignments across all procurement categories (e.g. office supplies, information technology, marketing, temporary labor, etc.) Will provide system and procurement assistance for Colleagues as needed. WHAT WILL YOU DO?

• Catalogue Management and Non-Catalogue Purchase Order Generation
• Manage and work with potential and new supplier(s) to maintain compliant product offerings and services in Procure to Pay ("P2P") system catalogues.
• Manage and work with supplier(s) and colleague(s) to create non-catalogue purchase orders which will a) reduce manual processing of invoices, b) centralize procurement and spend data, and c) automate multi-invoice purchases and goods receiving.
• Recommend and implement catalogue changes.
• Examine bids and place purchase orders with suppliers to obtain the best price and savings.
• Monitor requests and follow-up on escalations and engage appropriate parties to resolve.
• Advance knowledge of how the accounts payable function works.
• Supplier/Vendor Management
• Manage and onboard suppliers in the Procure to Pay (P2P) system. Work with suppliers to manage appropriate products and services in the catalogues and non-catalogue product and service offerings.
• Manage supplier relationships including delivery performance and quality for product, quality, reliability, and pricing and take appropriate action to correct unsatisfactory results.
• Lead the supplier evaluation program.
• Analyze purchase order reports to identify trends and adjust procurement inventory accordingly.
• Colleague Support
• Provide internal Help and Support to colleagues using Procurement's systems.
• Reporting & Analysis
• Analyze data from P2P system in conjunction with bank and market trends. Work with suppliers and customers to adjust procurement inventories as required. Create recommendations to Procurement Leadership.
• Drive and develop new sources of supply. Obtain all required approval documentation and assists in qualification of new sources. Initiate and review bid proposals and negotiate contracts within budgetary limits.
• Gather pertinent materials regarding suppliers and products and file in P2P system and/or contracts system.
• Perform other duties as required.

WHAT DO YOU NEED TO SUCCEED? Required Qualifications*

• Minimum 8 years of experience in Procurement or Purchasing required
• Minimum of 5 years of experience working on complex transactions including Information Technology purchases.
• Minimum 3 years of experience utilizing Microsoft Office software (Outlook, Excel, Word, PowerPoint)

Additional Qualifications

• Successful completion of a Procurement Certification program or military supply chain experience.
• Must have good written and verbal communication.
• Able to generate best outcomes through collaboration (business, Legal, compliance, etc.).
• Values colleagues' individual differences and talents.
• Shares important or relevant information with the team to ensure solutions meet the needs of the bank.
• Detail oriented and demonstrates thoroughness in completing a task/analysis/project with concern for all elements required at every level.
• Must be open to learning new concepts, ideas, and implement them.
• Must be flexible and adaptable to change.
• Execute PRIDE values in their work: People, Respect, Integrity, Dependability, and Ethics.
• Knowledge of P2P systems preferred: Purchase Order process, accounts payable, assigned supplier areas: services, non-IT, IT, etc.
• Bachelor's degree preferred

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $71,869 - $114,797 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

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.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

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