Procurement Buyer, Corporate Vendor Management
Charles Schwab · Lone Tree, CO · 2 mo ago
HybridFull-time
About the role
As a Procurement Buyer within Corporate Vendor Management (CVM), you will play a key role in helping Schwab strategically engage with third party providers while ensuring operational excellence, compliance, and effective risk management across the enterprise.
Responsibilities
- Review and validate contractual documentation supporting purchase requisitions and other procurement activities.
- Ensure purchase requisitions are accurate, complete, and aligned with Schwab policies, controls, and governance requirements.
- Guide business partners on procurement processes, purchasing best practices, systems, and policy requirements.
- Collaborate with Accounts Payable, vendors, and internal stakeholders to resolve invoice discrepancies and purchasing-related issues.
- Partner with Vendor Sourcing Managers to ensure purchasing activities align with approved agreements and contractual terms.
- Investigate and resolve complex purchasing concerns involving pricing, terms, delivery, and supplier performance, escalating issues when appropriate.
- Provide procurement expertise across categories that may include Technology, Marketing, Professional Services, and Corporate Real Estate.
- Communicate directly with vendors to obtain quotes, clarify pricing, resolve purchase order and invoice inquiries, and facilitate purchasing transactions.
- Perform required due diligence based on commodity, engagement type, risk considerations, and applicable policy requirements.
- Identify and implement opportunities to streamline processes, strengthen controls, improve operational efficiency, and deliver greater business value.
- Maintain and enhance process documentation, job aids, and training materials to support operational consistency.
- Comply with applicable corporate policies, including Expense Authorization, Risk Management, Corporate Security, Information Security, and Business Continuity.
- Contribute to team initiatives, knowledge sharing, continuous learning, and professional development.
Qualifications
- 3 or more years of experience in procurement, Procure-to-Pay (P2P), procurement contract administration, vendor management, or a related buyer or operational function.
- Experience reviewing and interpreting agreements, contracts, and procurement-related documentation.
- Understanding of procurement catalogs, purchasing controls, and vendor-onboarding processes.
- Experience working in a regulated business environment, with an understanding of controls, compliance, and operational risk.
- Experience identifying and implementing process improvements that increase efficiency, accuracy, and the client experience.
- Ability to manage a high-volume workload while maintaining accuracy and attention to detail.
- Strong written and verbal communication skills, including the ability to analyze issues and recommend practical solutions.
- Demonstrated ability to build effective working relationships and deliver service with a strong client focus.
- Ability to explain resolutions clearly and thoroughly and provide recommendations for complex problems.
- Strong organizational, planning, and time-management skills, with the ability to balance competing priorities.
- Sound judgment, accountability, adaptability, and a continuous-improvement mindset.
- Proficiency with Microsoft Word, Excel, PowerPoint, Co-Pilot or an equivalent AI specific tool.
- Bachelor’s degree or an equivalent combination of education and relevant work experience.
Benefits
- 401(k) with company match and Employee stock purchase plan.
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions.
- Paid parental leave and family building benefits.
- Tuition reimbursement.
- Health, dental, and vision insurance.
Pay
The salary range for this role is $75,000 - $100,000 annually, depending on experience and location.
Schedule
This role operates on a hybrid schedule with 4 days in the office and 1 day working from home, Monday through Friday during standard business hours. The position is available in Lone Tree, CO. Applicants must reside in or be willing to relocate to the listed locations.