Sourcing Compliance Specialist (Senior and Level II)

Woodward is committed to creating a great workplace for all team members, acting with integrity, respect, and accountability while maintaining high professional and ethical standards. We design and deliver energy control solutions to power a clean future and support our members’ wellbeing with a competitive Total Reward package.

Pay

Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and market data.

• Sr Sourcing Compliance Specialist: $85,000 (minimum) - $110,000 (midpoint) - $136,000 (maximum)
• Sourcing Compliance Specialist II: $72,000 (minimum) - $93,000 (midpoint) - $115,000 (maximum)

Benefits

• Annual cash bonus opportunity
• 401(k) match (4.5%)
• Annual Woodward stock contribution (5%)
• Tuition reimbursement and training/professional development opportunities
• 12 paid holidays, including floating holidays
• Industry-leading medical, dental, and vision insurance upon date of hire
• Vacation, sick time, vacation buy-up, short-term disability, and bereavement leave
• Paid parental leave
• Adoption assistance
• Employee Assistance Program, including mental health benefits
• Member life & AD&D, long-term disability, and optional life insurance
• Member referral bonus
• Spouse/child optional life, optional AD&D, healthcare, and dependent care flexible spending
• Voluntary benefits, including home/auto insurance discounts, whole life insurance, critical illness insurance, legal assistance, and military leave

Sr Sourcing Compliance Specialist

Responsibilities

• Develop and implement procurement compliance programs and initiatives, including creating new policies, procedures, and tools to ensure adherence to regulations and internal guidelines.
• Conduct internal audits and risk assessments of procurement processes to identify potential areas of non-compliance and assess associated risks.
• Complete government Purchase Order compliance reviews to support maintaining an approved purchasing system and complete DCMA Small Business 640 reviews to maintain an acceptable government rating.
• Manage and monitor vendor compliance, including due diligence processes, contract reviews, and ongoing monitoring of vendor activities.
• Investigate potential compliance violations, determine root causes, and recommend corrective actions to prevent future occurrences.
• Provide guidance and training to procurement staff and stakeholders on compliance matters, acting as a subject matter expert.
• Other duties as assigned.

Skills

• Advanced knowledge of procurement, small business, and government property principles and regulations.
• Ability to design, implement, and manage effective compliance policies, procedures, and monitoring systems.
• Auditing and risk assessment expertise, including proficiency in analyzing data and reviewing documentation.
• Vendor management and due diligence skills to assess and ensure vendor compliance.
• Investigation and remediation skills to analyze compliance violations and recommend corrective actions.
• Training and presentation skills to develop and deliver compliance training programs.
• Strong stakeholder management and communication skills to influence procurement teams, legal counsel, and senior management.
• Advanced data analysis and reporting skills to identify compliance trends and provide insights.
• Project management skills to manage compliance-related projects effectively.
• Problem-solving and escalation skills to identify and address compliance issues.

Sourcing Compliance Specialist II

Responsibilities

• Implement procurement, small business, and government property policies and procedures, including distributing updates and training staff.
• Monitor procurement activities for adherence to regulations and internal policies by reviewing purchase orders, contracts, and vendor documentation.
• Maintain and organize compliance-related documentation, such as contracts, vendor certifications, and audit trails.
• Support audits by providing documentation and information to demonstrate compliance.
• Develop and deliver compliance training materials, including presentations and online training modules.

Skills

• Understanding of procurement principles, including sourcing, negotiation, and contract management.
• Deep working knowledge of relevant laws, regulations, and industry standards impacting procurement, small business, and government property.
• Attention to detail to review documents, identify inconsistencies, and ensure accuracy.
• Strong organizational skills to manage compliance-related documentation and processes.
• Clear and concise written and verbal communication skills to convey compliance requirements and findings.
• Analytical skills to identify potential compliance issues and trends in procurement activities.
• Commitment to ethical conduct and integrity in upholding compliance standards.
• Problem-solving skills to help resolve compliance-related challenges.
• Proficiency in office software, including word processing, spreadsheets, and presentation tools.
• Learning agility to adapt to new regulations, policies, and technologies in the procurement landscape.

This position requires use of information subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR or eligible to obtain required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee or refugee).