Buyer, Procurement Intake and Compliance

Company

Federal Reserve Bank of Minneapolis

Are you interested in growing within a dynamic and respected organization that respects work-life balance and offers comprehensive benefits? If so, the Federal Reserve Bank of Minneapolis has the perfect opportunity for you.

The Financial Management Group (FMG) is comprised of Financial Planning and Analysis, Financial Accounting, Accounts Payable and Procurement teams.

We are looking to hire a Buyer or an Associate Buyer to join our Procurement team.

Your role will focus on intake and compliance of applicable procurement policies and procedures, performing sourcing events, and providing support to business lines.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person.

Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration, unless directed otherwise by your supervisor.

Job posting will close on 10/21/2024.

There is only one vacancy.

Based on the needs of the department and strength of the candidate pool, the position may be filled at either the Buyer level or the Associate Buyer level.

Responsibilities:


* Assist, in varying capacities, the efforts of procurement intake and compliance activities related to sourcing events.

Work with Procurement leadership to identify, evaluate, recommend, develop, test, train new policies, procedures, automation systems which may lead implementation of solutions and process improvements in Procurement intake and compliance.


* Work closely with Senior Buyers to ensure compliance activities occur in all Procurement sourcing events.


* Work closely with departments on the procurement of complex or difficult-to-acquire materials, supplies, equipment, and services while ensuring that the transactions comply with the Federal Reserve System's Model Acquisition Guidelines (MAG) and Bank's Acquisition Policy.


* Make purchasing recommendations and decisions supported by data using price/cost analysis, benefit analysis, and financial analysis.


* Perform competitive bidding processes by creating Requests for Information (RFIs), Request for Quotes (RFQ), and Requests for Proposal (RFPs).


* Negotiate cost savings and works with vendors to obtain more favorable prices and services.


* Apply general knowledge and learned techniques to recognize and resolve procurement-related problems under moderate supervision.


* Communicate problems to management as necessary.


* Manage an inconsistent and varied workload while working under deadlines.


* Manage projects of a highly visible nature such as implementation of new vendors on new procurement programs.


* Write clear and comprehensive correspondence, documentation and procedures to be used by management and other staff.


* Serve as a liaison for one or more departments a...