Bank of America Sourcing Specialist in Charlotte, North Carolina

Job Description:

Procurement Specialists can expect the following as part of their day to day roles:

  • Negotiates contracts utilizing best practices, assists the business owner in creating a SOW/SLA, providing clarity and addressing all Business requirements

  • Able to lead a team in the development of proposal documents and is proficient in the objective analysis of proposal responses, the identification on non-conforming items and the overall evaluation of potential service providers

  • Able to structure all elements of an RFP (technical, contractual, schedule and cost) in order to ensure that uniformed bids are received

  • Capable influencing the category strategy to achieve business goals and objectives

  • Identify and escalate risks and issues to the appropriate governance routines,

  • Analyze and interpret Business adherence through program scorecards in order to identify possible negative trends and issues

  • Quickly adapt to changes within the Procurement Program and be able to communicate and reinforce program changes with the FLU/CF through effective change management routines and processes

  • Work routinely with risk partners (Legal, Compliance, Ops, Info Sec, etc.) in negotiating deals and in managing outsourcing risk

  • Assist in providing documentation/evidence when responding to audit and/or regulatory inquiries

  • Consistently provides a high level of service by establishing and clearly communicating mutual expectations, developing an understanding of Business needs and demonstrating competency and consistency in meeting commitments

  • Builds business relationships and partnerships across the organization, influences peers and colleagues to promote and sell ideas, and proactively surfaces and resolves conflict with minimal noise

  • Communicate, partner, and influence across a matrix organization


3-5 years’ experience sourcing for various Indirect Procurement categories (Information Technology a plus) or similar experience in vendor management/compliance/business control functions aligned to third party program execution.

Previous experience, within the Financial Services Industry preferred, but not mandatory

Self-starter, with capability of working autonomously across multiple procurement projects is essential

Strong contract negotiation skillset and experience

Sound commercial awareness and good analytical and research skills

Comfortable with Sourcing systems (ideally Ariba) spreadsheets, presentations and project management

Excellent communicator and able to build and manage relationships with business partners across various teams & across a matrix organization

Proactive, conscientious and high level of attention to detail

JD/MBA, not required but a plus

Posting Date : 06/11/2018

Location :

Charlotte, NC, 201 N TRYON ST (NC1022),

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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