Bank of America Senior Procurement Specialist in Wilmington, Delaware

Job Description:

Position Description & Responsibilities:

Responsibilities Include:

  • Understanding contractual terms and conditions

  • Persuading vendors to accept Bank of America contract language

  • Developing RFP strategy documents for both competitive and non-competitive acquisitions and has strong proposal evaluation skills

  • Ability to manage multiple events concurrently

  • Vendor risk management and overall process compliance

Required Skills & Experience:

  • Experience in third party outsourcing or purchasing of goods and services including bidding (RFP/ RFI) and contracting

  • Understanding of financial analysis and the impacts / savings to be achieved in the procurement categories

  • Ability to understand the risk / rewards tradeoff in outsourcing and procurement

  • Experience managing multiple tasks simultaneously and to deadlines, including strong prioritization and time management skills

  • Strong problem solving skills; ability to analyze data and identify trends or probe for additional information

  • Ability to manage/diffuse conflict and confrontation

  • Proven ability to communicate, partner and influence across a matrix organization

  • Self-starter with strong analytical, organizational and project management skills

  • Ability to work well independently and in a team environment, effectively accept coaching from managers and independently complete tasks on-time

  • Strong desire to learn, positive attitude and flexible and creative in job execution

  • Proficient computer skills, including Excel, PowerPoint, WebEx, etc.

Desired Skills & Experience:

  • Bachelor’s degree (Supply Chain Management, Finance or Business Administration preferred)

  • Two or more years of relevant procurement experience

  • Prior financial services experience within public accounting, audit, compliance or finance

  • Experience with vendor management and/or procurement

  • Awareness of industry trends (regulatory, vendor management, supply chain, finance/banking, auditing, etc.)

  • Quickly builds relationships in order to deliver effective business partnering

  • 2-3 years of experience at current band

Posting Date : 04/16/2018

Location :



  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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