Chief Procurement Officer

Chief Procurement Officer

The Chief Procurement Officer will lead a global team responsible for developing and executing strategies for sourcing, source-to-pay, third-party risk management and compliance.

The role will be responsible for the following specific areas, including, but not limited to:

• Leading a global, client-focused procurement organization that fully leverages and assertively sources our third-party spending;
• Comprehensive management of third-party spend while delivering world-class metrics;
• Delivering innovation in methods, tools and processes;
• Analyzing industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply, and utilize emerging opportunities;
• Understanding market conditions for key goods and services. – e.g. IT and IT Services

We expect the successful candidate will be a seasoned executive, with a proven track record of leading a procurement function for a large, global, publicly traded company, in a technology-enabled business platform.

Duties & Responsibilities:

The Chief Procurement Officer responsibilities include, but are not limited to:

• Directing a team of procurement professionals in both direct and global matrixed teams to achieve the overall goals of the organization on a flexible, scalable basis;
• Anticipating future procurement needs and having strategies in place to meet the needs of Chubb’s business;
• Developing a global procurement governance model - clarifying global, regional and local roles and responsibilities;
• Developing and consistently delivering an effective and clear communications program regarding procurement programs/processes to global and specific employee audiences on an ongoing, proactive basis;
• Providing senior leadership with a regular analysis and recommendations of changes to available programs aimed at optimization of return on investment for Chubb, including conducting regular external benchmarking analysis and comparisons of procurement programs;
• Building alliances and fostering relationships across Chubb’s leadership team, providing advice and counsel to business leaders on policy and guideline interpretation, etc.

• Experience: minimum of 15 years of professional experience, in progressively responsible procurement roles, ultimately leading the global procurement function, including direct and matrixed people management, in a global company, with a demonstrable track record of organizational achievements
  • Demonstrated track record of developing and implementing effective procurement strategies, including excellent working knowledge of procurement-related policies, laws and regulations
  • Strong team player with the ability to collaborate and influence business, as well as functional partners
  • Ability to motivate in a team-oriented, collaborative environment
  • Excellent negotiation and communication skills
  • Strategic mindset and problem-solving skills
  • Deep knowledge of industry and global trends
  • Exceptionally self-motivated and directed
• Company platform experience: experience in a global, publicly traded, Fortune 500 company, financial services background desirable
• Education: a bachelor’s degree is required, preferably in business administration; a Master’s degree in a related field and/or a Master’s of Business Administration is highly preferred

Work Location:

United States; Philadelphia area is preferable but not required

Some travel required