Candescent · 9 hours ago
IT Business Operations, Technology Purchasing Lead
Candescent is the largest non-core digital banking provider, offering transformative technologies for banks and credit unions. They are seeking a strategic Technology Purchasing Lead to manage technology procurement processes, ensuring optimal pricing and quality to meet organizational needs.
BankingFinancial ServicesSaaS
Responsibilities
Develop and implement purchasing strategies for technology products and services, aligning with organizational goals
Manage the end-to-end procurement process, including sourcing, negotiation, contract management, and vendor relations to ensure the best value for the organization
Analyze market trends and pricing data to make informed purchasing decisions and forecasts
Collaborate with IT and other departments to understand their technology needs and provide an accurate forecast for equipment purchasing
Maintain a comprehensive database of suppliers and contracts, ensuring compliance with organizational standards and policies
Evaluate supplier performance and negotiate contract renewals to ensure ongoing value and quality of services/products
Develop and maintain relationships with key vendors to facilitate communication and resolve any issues
Prepare and present purchasing reports and metrics to senior management regularly
Stay updated on industry trends, new technologies, and best purchasing practices
Train and mentor team members on procurement processes and best practices
Qualification
Required
Bachelor's degree in Sourcing Management, Information Technology, Business Administration, or related field
Proven experience in technology procurement or a related role, preferably in a medium to large organization
Strong knowledge of IT products, services, and emerging trends in technology
7-10 Yrs Experience in contract negotiation and vendor management
Familiarity with procurement software and inventory management tools
Excellent analytical, communication, and negotiation skills
Strong project management and organizational abilities
Understanding of IT infrastructure and business technology requirements
Preferred
Professional certifications such as Certified Professional in Supply Management (CPSM), or equivalent. PMP
Experience with enterprise resource planning (ERP) systems, such as SAP or Oracle
Strong financial acumen and ability to track and coordinate budgets across different business units
Company
Candescent
Candescent is a digital banking platform that offers online banking, account openings, and digital transaction services.
Funding
Current Stage
Late StageRecent News
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