Sr Procurement Strategist

Location:

4900 Tiedeman Road, Brooklyn Ohio

Job Summary
The Senior Procurement Strategist is an individual contributor responsible for developing and executing procurement strategies that align with business objectives and drive cost savings. This role involves optimizing category spend, serving as a strategic advisor to business units, managing vendor relationships and contract negotiations, and ensuring adherence to internal processes and performance metrics. Success in this position requires strong analytical thinking, leadership, procurement expertise, and the ability to build effective relationships across the organization.

Essential FunctionsDevelop and implement procurement strategies for assigned and complex categories, incorporating innovative sourcing approaches and industry best practices.
Support Supplier Diversity goals through inclusive sourcing initiatives.
Act as the primary Procurement contact for senior Line of Business leaders, building and maintaining strong relationships with internal stakeholders and external partners.
Collaborate with Legal, Risk, and Third-Party Management teams to ensure alignment and compliance.
Lead vendor negotiations, manage contract execution and renewals, and ensure adherence to internal policies, escalating issues as needed.
Identify and implement opportunities to enhance procurement practices and tools.
Participate in cross-functional project teams and support broader business initiatives.
Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

EducationBachelor's Degree or equivalent experience (preferred)
Master's Degree of Business Administration (preferred)

Work Experience7+ years of relevant professional experience (preferred)
Experience in consumer or commercial payments industry (preferred)

Licenses and Certifications Lean Six Sigma certification (preferred)

SkillsDevelops long-term procurement strategies aligned with business goals.
Oversees vendor relationships to ensure performance, compliance, and value.
Manages agreements and renewals to mitigate risk and ensure favorable terms.
Secures optimal outcomes through effective negotiation with suppliers and stakeholders.
Builds trust and delivers solutions that meet internal client needs.
Utilizes sourcing and procurement systems to manage purchasing activities.
Interprets financial data to support budgeting, forecasting, and decision-making.
Identifies and mitigates procurement-related risks in alignment with policies.
Extracts insights from data to inform procurement strategies and performance metrics.
Plans and executes procurement initiatives on time and within scope.
Persuades stakeholders and drives alignment across functions.
Follows and improves procurement processes and procedures for efficiency.
Prioritizes tasks effectively to meet deadlines and business needs.
Understands organizational strategy and how procurement impacts the bottom line.
Delivers high-quality service and solutions tailored to internal stakeholders.

Core CompetenciesAll KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct.

Physical Demands General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

TravelOccasional travel to include overnight stay.

Work Location Category
Hybrid (3+ days)

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $80,000.00 - $150,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 02/16/2026

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [email protected].

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