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Banking Procurement Jobs (NOW HIRING)

Procurement Administration Manager

Boston, MA ยท On-site

$77K - $100K/yr

Procurement Administration Manager Boston, MA (Onsite) Full-TimeExempt A Boston-based organization ... Oversee vendor master data, including sensitive banking and tax information, ensuring strong ...

VP, Procurement

San Diego, CA ยท On-site

$120K - $150K/yr

Axos Bank Target Range: $120,000.00/Yr. - $150,000.00/Yr. Actual starting pay will vary based on ... About This Job The VP, Sr. Manager Procurement oversees the procurement process, develops and ...

Procurement Assistant

New York, NY ยท On-site

$25 - $35/hr

Obtaining vendor quotes and supporting documentation such as W9's and ACH/bank letters * Working with facilities/security requests * Providing general administrative support to the procurement team

Procurement Specialist - South Bank, QLD Apply now Refer a friend Job no: 531393 Brand: Finance, Procurement, Legal, Privacy, Property Work type: Full time Location: Queensland Categories:

VP, Procurement

San Diego, CA ยท On-site +1

$120K - $150K/yr

Axos Bank Target Range: $120,000.00/Yr. - $150,000.00/Yr. Actual starting pay will vary based on ... About This Job The VP, Sr. Manager Procurement oversees the procurement process, develops and ...

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Banking Procurement information

See salary details

$34K

$73.4K

$130K

How much do banking procurement jobs pay per year?

As of Jul 23, 2026, the average yearly pay for banking procurement in the United States is $73,439.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $86,000.00 per year, depending on experience, location, and employer.

What is a Banking Procurement job?

A Banking Procurement job involves managing the sourcing and purchasing of goods, services, and technology needed for banking operations. Professionals in this role ensure cost-effective procurement while maintaining compliance with financial regulations and vendor policies. They negotiate contracts, evaluate suppliers, and streamline procurement processes to optimize efficiency and cost savings. Strong analytical, negotiation, and risk management skills are essential in this role.

What are the key skills and qualifications needed to thrive in the Banking Procurement position, and why are they important?

To thrive in Banking Procurement, you need strong analytical abilities, financial acumen, and a solid understanding of procurement processes, often supported by a degree in finance, business, or supply chain management. Experience with procurement management systems (such as SAP Ariba), contract negotiation, and relevant certifications like CPP (Certified Procurement Professional) are valuable assets. Excellent negotiation, stakeholder management, and problem-solving skills help professionals stand out. These competencies are crucial for ensuring cost-effective purchasing, regulatory compliance, and efficient vendor relationships within the banking industry.

What are some common challenges faced in a Banking Procurement role?

A common challenge in Banking Procurement is balancing cost savings with rigorous regulatory and compliance requirements unique to the financial sector. Professionals often manage complex stakeholder expectations while negotiating contracts and onboarding new vendors. Adapting to rapidly changing technologies and market conditions can also add complexity to sourcing strategies. Success in this role depends on proactive communication, ongoing vendor assessment, and staying up-to-date with industry best practices.

More about Banking Procurement jobs
What cities are hiring for Banking Procurement jobs? Cities with the most Banking Procurement job openings:
What states have the most Banking Procurement jobs? States with the most job openings for Banking Procurement jobs include:
What job categories do people searching Banking Procurement jobs look for? The top searched job categories for Banking Procurement jobs are:
Infographic showing various Banking Procurement job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 90% Physical, 5% Hybrid, and 5% Remote job distribution, with an average salary of $73,439 per year, or $35.3 per hour.
Procurement Administration Manager

Procurement Administration Manager

Roessel Joy

Boston, MA โ€ข On-site

$77K - $100K/yr

Full-time

Posted 11 hours ago


Job description


Procurement Administration Manager
Boston, MA (Onsite)
Full-TimeExempt
A Boston-based organization is seeking a Procurement Administration Manager to oversee the day-to-day administrative operations of its Procurement Services function. This role will supervise one direct report and partner closely with Legal, Risk Management, Finance, and IT to ensure procurement policies, processes, and systems are applied effectively and consistently.
Key Responsibilities
  • Manage the full administrative procurement cycle from requisition through purchase order issuance
  • Review and interpret procurement policies; recommend process improvements and efficiencies
  • Ensure contract approvals and compliance with internal policies and risk requirements
  • Oversee vendor master data, including sensitive banking and tax information, ensuring strong internal controls
  • Manage Certificates of Insurance and related compliance documentation
  • Serve as internal subject matter expert for purchasing and expense management systems (Intacct & Tallie)
  • Maintain purchasing workflows and approval delegations
  • Train and advise departments on procurement policies, procedures, and systems
  • Lead or support special projects impacting procurement operations and financial controls
  • Supervise and mentor the Procurement Administrator

Requirements
Qualifications
  • Bachelor's degree required
  • 3-5 years of procurement or related experience
  • 2-3 years of supervisory experience
  • Strong understanding of procurement principles and best practices
  • Experience with financial systems and workflow management
  • Excellent analytical, organizational, and communication skills
  • Proficiency in Google Suite and Microsoft Office