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VP/Managing Director, Procurement

OneMain Financial
Posted a day ago, valid for a year
Location

Irving, TX 75017, US

Salary

$150,000 - $180,000 per annum

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Contract type

Full Time

Health Insurance
Paid Time Off
Life Insurance
Tuition Reimbursement

By applying, a OneMain Financial account will be created for you. OneMain Financial's Privacy Policy will apply.

Sonic Summary

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  • The VP/Managing Director of Procurement at OneMain is a senior executive role responsible for overseeing the entire Procurement function within the organization.
  • The ideal candidate should have a bachelor's degree in supply chain management or a related field, with a master's degree preferred, and at least 12 years of experience in Procurement, including 7 years in a senior leadership role.
  • Key responsibilities include developing and implementing procurement strategies, leading a diverse team, optimizing sourcing and supplier management, and ensuring compliance with procurement policies.
  • This position offers a flexible hybrid schedule based in Irving, TX, and includes a comprehensive benefits package that prioritizes employee health and career development.
  • The salary for this role is not explicitly mentioned in the job description.

Director of Procurement

The VP/Managing Director of Procurement at OneMain is a senior executive role responsible for overseeing the entire Procurement function across the organization. This includes developing and executing Procurement strategies that align with the company's business objectives, driving cost efficiencies, and ensuring the highest standards of quality and compliance. The VP/Managing Dire of Procurement will lead a diverse team, including the Category Management and Tactical Buying, to optimize sourcing, supplier management, and Procurement processes. This role also involves cultivating and managing relationships with key suppliers to ensure the company receives optimal value and innovation.

The ideal candidate will possess extensive experience in Procurement leadership, exceptional strategic thinking, and the ability to influence at the highest levels of the organization.

In the Role:

  • Develop and implement a Procurement strategy that aligns with company goals and drives cost savings, quality improvements, and innovation.
  • Lead and mentor a team of senior Procurement leaders, including the Heads of Category Management and Tactical Buying, ensuring alignment and collaboration across all Procurement activities.
  • Oversee the end-to-end Procurement process, from supplier selection and contract negotiation to performance management and risk mitigation.
  • Establish and maintain strong relationships with key suppliers, ensuring that procurement activities deliver optimal value to the company.
  • Ensure compliance with all Procurement policies, ethical standards, and legal requirements, promoting a culture of integrity and transparency.
  • Collaborate with executive leadership and cross functional teams to identify business needs and integrate them into the procurement strategy.
  • Report to senior management on Procurement performance and strategic initiatives.

Qualifications:

  • Bachelor’s degree in supply chain management, Business Administration, or a related field; a master's degree is strongly preferred
  • 12+ years of experience in Procurement, with at least 7 years in a senior leadership role.
  • Proven track record or developing and executing success procurement strategies in a large, complex organization.
  • Exceptional leadership and team management skills, with experience in leading and developing high performing teams.
  • Strong negotiation skills with extensive experience in managing large scale contracts and supplier relationships.
  • Excellent strategic thinking and analytical skills, with the ability to align Procurement activities with broader business objectives.
  • Superior communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels
  • Ability to manage complex projects and meet deadlines in a fast-paced environment.
  • Proficiency in Procurement software and tools; experience with platforms like Coupa is preferred.
  • High level of integrity and professionalism, with a commitment to ethical procurement practices.

Location: Irving, TX – Flexible Hybrid schedule

Who we Are

OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.

Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we’re committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There’s never been a better time to shine with OneMain.

Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That’s why we’ve packed our comprehensive benefits package for full- and some part-timers with: 

  • Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
  • Up to 4% matching 401(k)  
  • Employee Stock Purchase Plan (10% share discount)  
  • Tuition reimbursement  
  • Paid time off (15 days’ vacation per year, plus 2 personal days, prorated based on start date)
  • Paid sick leave as determined by state or local ordinance, prorated based on start date
  • Paid holidays (7 days per year, based on start date)
  • Paid volunteer time (3 days per year, prorated based on start date)




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By applying, a OneMain Financial account will be created for you. OneMain Financial's Privacy Policy will apply.