Back to jobs
New

Vendor Procurement Analyst

Corporate Office (Central Park)

Pay Range: $68,000 - $83,300

Remote Eligible: Hybrid

We offer a pay-for-performance compensation program including bonuses for all employees and a competitive benefits package. See https://www.cuofco.org/careers for a high-level overview of our benefits package and bonus offerings.

 

General Purpose of the Position

Primarily responsible for supporting and administering the Credit Union's enterprise vendor procurement and governance program. This position serves as a centralized resource for vendor acquisition activities, Request for Proposal (RFP) administration, contract review coordination, procurement process management, and vendor lifecycle governance. The Vendor Procurement Analyst works collaboratively with business units, technology, compliance, legal & consulting resources, finance, and executive leadership to ensure vendor engagements align with organizational objectives, regulatory requirements, risk tolerance, and operational needs. This role supports the Vendor Procurement program in Risk Management by promoting consistency, transparency, efficiency, and accountability throughout the vendor lifecycle while helping to mitigate third party risks.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Administer and support the Credit Union enterprise vendor procurement and governance framework.
  • Serve as the primary coordinator for vendor procurement activities, including intake, documentation, stakeholder communication, and workflow management.
  • Facilitate and administer Request for Proposal (RFP), Request for Information (RFI), and Request for Quote (RFQ) processes.
  • Assist business units in developing procurement requirements, scopes of work, evaluation criteria, and vendor selection documentation.
  • Coordinate vendor evaluations utilizing standardized decision matrices and scoring methodologies.
  • Support contract review and negotiation efforts by collaborating with vendors, legal counsel, compliance, technology, finance, risk management, and business stakeholders.
  • Review contracts for organizational standards related to SLAs, performance expectations, termination provisions, renewals, indemnification, data protection, information security, disaster recovery, and regulatory requirements.
  • Coordinate vendor due diligence activities, including financial reviews, risk assessments, regulatory compliance reviews, cybersecurity reviews, operational evaluations, etc.
  • Maintain centralized records of vendor engagements, procurement decisions, contracts, renewals, approvals, and supporting documentation.
  • Track vendor contract expiration dates, renewal timelines, performance obligations, and procurement milestones.
  • Develop and maintain procurement process documentation, workflows, templates, standards, guidance materials, and reference tools.
  • Assist in the development and continuous improvement of vendor governance policies, procedures, and controls.
  • Create and maintain reporting related to third-party vendor activities, vendor inventories, RFP utilization, contract status, procurement metrics, and governance objectives.
  • Conduct research on industry’s best practices, market trends, vendor capabilities, and procurement strategies.
  • Participate in change delivery initiatives to ensure vendor procurement activities are integrated into project planning, budgeting, governance, and implementation efforts.
  • Support examinations, audits, and regulatory reviews involving vendor management, procurement, third-party risk management, contracts, and governance practices.
  • Perform other related responsibilities and activities assigned.

 

Requirements

Education and Experience

Bachelor's degree from an accredited four-year college or university plus three or more years of experience in vendor management, procurement, contract administration, third-party risk management, financial institution compliance, legal support, contract negotiation, supply chain management, project governance, or a related field. Experience within a credit union, financial institution, regulated industry, law firm, procurement office,  contract administration environment, or applicable industry certifications (e.g., CRVPM, NCCO) strongly preferred.

Experience participating in contract negotiations, RFP administration, vendor due diligence, regulatory compliance reviews, procurement governance, or legal contract analysis is preferred.

Other Skills and Abilities

  • Strong understanding of vendor management, procurement governance, contract administration, third-party risk management, and regulatory expectations.
  • Working knowledge of credit union operations and financial institution regulations.
  • Ability to review, interpret, and analyze legal agreements, service agreements, statements of work, and contract provisions.
  • Strong negotiation, analytical, problem-solving, and decision-making skills.
  • Excellent written, verbal, and presentation skills.
  • Ability to build collaborative partnerships and influence stakeholders across multiple business functions.
  • Experience developing reports, metrics, dashboards, and executive-level presentations.
  • Proficiency with Microsoft Office products including Excel, Word, PowerPoint, and Visio or process mapping tools.

Physical Demands

While performing the duties of this job, the employee is typically required to sit for long periods. The employee continually is required to talk or hear. The employee is occasionally required to stand, walk, stoop and reach with hands and arms. The employee will occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.   

 

Credit Union of Colorado is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local laws. 

Please note applicants can redact any information that identifies their age, birth date, or dates of schooling on either their resume or any additional materials provided.

Create a Job Alert

Interested in building your career at Credit Union of Colorado? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Select...
Select...
Select...
Do you live in Colorado? *
Select...
Select...
Select...
Select...

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Credit Union of Colorado’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 07/31/2029

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.