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At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed (3 days in office, 2 days remote), employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
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PRIMARY PURPOSE: |
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Responsible for procurement of goods and services for the Company, manage expenses associated with purchases, and establish relationships with suppliers and internal partners. |
ESSENTIAL DUTIES AND RESPONSIBILITIES:
1. Maintain/update company supplier contracts and related records in the Company's Vendor Management System.
2. Implement and maintain contracting and procurement procedures in compliance with the Bank's Purchasing Policy and Vendor Management program.
3. Administer centralized procurement process through a strategic partner and procures supplies through alternate vendors as needed.
4. Coordinate with Lines of Business to monitor contract service level commitments to ensure satisfactory performance of service providers.
5. Advance the Bank's efforts to reduce resource consumption and promote sustainability.
6. Process invoices to ensure accurate and prompt payment to suppliers.
7. Maintain adequate inventory levels for critical items by monitoring and replenishing as necessary.
8. Negotiate acceptable prices and terms with suppliers for material requirements in the best interest of the company and customers.
9. Review and execute purchasing requests received from various departments.
JOB SPECIFICATIONS:
Knowledge, Skills & Abilities
- Knowledge of principles and practices of purchasing and procurement.
- Strong organizational and problem-solving skills.
- Strong communication skills.
- Proficiency in Microsoft Office Suite, including advanced Excel skills.
- Demonstrated ability to ensure compliance with established policies and procedures.
- Ability to issue a Request for Proposal, evaluate bids and make a recommendation on contract award.
- Ability to understand banking rules, regulations, and operations and ability to apply same.
- Ability to gather, compile and present data.
Experience & Education
- Associate's Degree in Business, Accounting, Supply Chain Management, or related field preferred. Equivalent experience considered.
- 2+ years' experience in Vendor Management, Purchasing, or related work experience.
Internal and External Contacts
- Frequent external contacts with vendors, as well as internal coordination with administration.
- Maintains frequent interaction with all internal customers including coordination with executive management for procurement initiatives.
Working Conditions/Physical Requirements
Office environment. Ability to operate a computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
For Recruiting Agencies
OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.
Equal Opportunity Employer
Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity