Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

• Careers with a purpose. Stand for something!
• Time-Off Packages - over 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to $10,000 per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of diversity and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Responsible for developing the vision, and strategy for the Vendor Performance Management function and creating / reengineering a standardized set of policies, tools and practices for Vendor Management and Strategic Sourcing. Ensures the achievement of optimal return on investment and effective procurement, implementation and performance management of CoBank's spend with external vendors across all vendor categories. Manages relationships with vendors to ensure they meet or exceed contractual obligations. Manages and/or provides support as applicable for projects. This role will play a leadership role in reengineering Vendor management process and technology to ensure we can manage vendor performance, establish governance cadence, ensure delivery and track continuous improvement efforts

Essential Functions

1. Bi-annual vendor segmentation planning to ensure we identify key strategic vendor, and develop plans and roadmaps for strategic vendor relationships. 2. Launches and establishes relationship mapping exercises with key service providers to identify strategic, operational, and tactical accountabilities (activities and individuals) with established set of partners. 3. Responsible for developing and maintaining relationship with managed services provider for contingent labor, vendors and suppliers. 4. Defines and designs business review cadence, metrics, and service level agreements (SLAs), and facilitates reviews of defined scope and key sets of vendors. 5. Partners with legal group to ensure the timely processing, review, execution and tracking of legal agreements, including licensing, statements of work, and non-disclosure agreements. 6. Oversees contract negotiation, contract renewals and other vendor management, procurement and sourcing activities. 7. Partners with the finance team to develop financial models, perform financial analyses, and recommend appropriate strategies for all vendor categories. 8. Collaborates with management to define cost savings, asset compliance and service improvements. 9. Manages and/or provides support for projects as applicable, with the goal of delivering on time and within budget and scope. Responsible for planning and tracking budget, variances, and deliverables as defined. Works with internal business leaders to define scope, project timeline, deliverables and priorities on individual and competing projects or business strategies. 10. Successfully creates and manages detailed work plans, including time, resources and expenditures.

Education

• Bachelor's Degree required

Work Experience

10 years of experience in leading a business function or processes transformation, required required

About CoBank

The typical base pay range for this role is between $127,320 - $177,038. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.