Procurement Strategist

KeyCorp
United States
Workplace: HybridFull timeUSD 71,000 - 125,000 annuallyFunction: Procurement & SourcingExperience: 3+ yearsEducation: bachelorsSkills: ["Strategic sourcing","Data analysis","Vendor negotiation","Risk mitigation","Stakeholder management"]

Own and execute procurement strategies for assigned spend categories in Key’s Corporate Procurement group, driving cost savings and aligning sourcing outcomes to business needs. Serve as the primary partner to senior leadership within assigned lines of business, leading sourcing initiatives, vendor negotiations, and contract administration with risk mitigation. Track and manage contract renewals, continuously improve procurement practices, and use spend analysis and tools like Ariba/Coupa to deliver measurable value.

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FursaFursa
KeyCorp
KeyCorp
3 days ago

Procurement Strategist

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Last checked: 6 hours agoStatus: Live

Job Summary

Own and execute procurement strategies for assigned spend categories in Key’s Corporate Procurement group, driving cost savings and aligning sourcing outcomes to business needs. Serve as the primary partner to senior leadership within assigned lines of business, leading sourcing initiatives, vendor negotiations, and contract administration with risk mitigation. Track and manage contract renewals, continuously improve procurement practices, and use spend analysis and tools like Ariba/Coupa to deliver measurable value.
Location: United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Procurement & Sourcing
Seniority: Mid level

Key Responsibilities

  • •Develop, implement, and own procurement strategies for assigned areas to drive cost savings and optimize spend.
  • •Create innovative sourcing strategies that support business needs and contribute to Procurement’s savings target.
  • •Act as primary point of contact for Procurement with senior management for assigned line of business/area.
  • •Conduct vendor negotiations and oversee contract administration with a focus on risk mitigation.
  • •Monitor and manage contract renewal and expiration to support renegotiation, termination, and other actions.
Travel: Low travel

Pay and Benefits

Salary: USD 71,000 - 125,000 annually

Key Requirements

  • •3+ years of relevant professional experience (required).
  • •Bachelor's degree or equivalent experience (preferred).
  • •Master's degree in business administration or related field (preferred).
  • •Ability to develop and execute sourcing strategies for specific spend categories to optimize value and reduce costs.
  • •Proficiency with procurement and analytics tools such as Ariba, Coupa, Workday, Excel, Power BI, or Tableau.
Experience:3+ yearsProcurement
Education:Bachelor's
Skills:Strategic sourcingData analysisVendor negotiationRisk mitigationStakeholder management
Tech Stack:AribaCoupaWorkdayExcelPower BITableauSLAs

Company Brief

KeyCorp
KeyCorp operates KeyBank, providing retail and commercial banking, lending, wealth management, and investment services to individuals, businesses, and institutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cleveland, United States
Founded: 1849
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn