VP, Procurement

Axos Bank Target Range: - Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education. Eligible for an Annual Discretionary Cash Bonus Target: 12.5% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets. About This Job *Please note: This is an onsite position in San Diego, CA* Are you a visionary procurement leader ready to shape the future of sourcing and vendor strategy at a fast-paced, innovative financial institution? At Axos, we’re looking for a Vice President of Procurement to lead high-impact initiatives that drive cost efficiency, mitigate risk, and elevate vendor performance across the enterprise. Reporting directly to the SVP, Head of Procurement, this role offers the opportunity to influence key business decisions, collaborate with senior stakeholders, and build scalable procurement strategies that support our growth. If you're passionate about optimizing spend, leading complex negotiations, and building strong supplier partnerships—this is your chance to make a lasting mark. Responsibilities: Develop sourcing strategies in conjunction with key business partners to ensure achievement of business requirements Develop key category strategies, including outsourced services and IT/development, in collaboration with stakeholders, to address risk, total cost, supply, etc. Monitor economic drivers, supply market, to assess impact to Axos. Liaise with key internal stakeholders to determine their product and service needs; collaborate to ensure clarity of specifications and expectations are anticipated and met. Proactively bring cost management opportunities to stakeholders Source and engage reliable suppliers and vendors, and initiate business and organization partnerships Examine and test existing contracts; renegotiate as required Lead contract negotiations planning and execution, in collaboration with internal stakeholders Provide counsel to key stakeholders on both key legal and business terms during contract negotiations Develop vendor spend database and tracking Support an improved source to pay process, including proper review of contracts by all necessary stakeholders, support coordination with Purchase Order creation Oversee preparation of regular management reports and spend analysis (e.g., total vendors, vendor changes, new vendors, top vendors, Open Purchase Orders, highest vendors, contract compliance, etc.) and develops/reports on key performance indicators to measure performance and internal/external customer satisfaction levels. Track and report key functional and contractual metrics to reduce expenses and improve effectiveness Control spend and build a culture of long-term savings on total cost of ownership Ensure contracts terms meet regulatory guidance and requirements. Ensure vendors and contracts are properly reviewed with Risk, Legal, and other stakeholders for proper due diligence Qualifications: Bachelors' degree in supply chain management, logistics, business administration, or relevant degree 7 years of procurement or related experience Deep experience working in procurement consulting, finance shared services, and outsourcing environment including procurement with thorough understanding of accounting controls in a Sarbanes Oxley environment, and managing or oversight of multi-entity and multi-state processes, including managing external service providers and vendors Experience with managing RFI/RFP process for large complex categories of spend Experience with implementation and operational management of requisition to PO process Demonstrated problem solving skills with a detail-oriented mindset and able to work with complex business challenges Excellent analytical abilities and ability to apply mathematical concepts such as statistical data, fractions, percentages, ratios, and proportions to practical situations Experience collecting and analyzing data Demonstrated negotiating experience and networking skills Good leadership capabilities Proficient in Microsoft Excel Preferred: MBA Banking experience Experience with online sourcing / procurement tools Axos Employee Benefits May Include: Medical, Dental, Vision, and Life Insurance Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year) HSA or FSA account and other voluntary benefits 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading About Axos Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers. Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX). Learn more about working at Axos Pre-Employment Background Check and Drug Test: All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization. Equal Employment Opportunity: Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws. Job Functions and Work Environment: While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc. The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position. We’re a team of relentless innovators that are challenging the status quo through smart, pro-consumer financial products and services. We got our start in 2000, as an online bank – when the idea of banking online was almost unthinkable. Since then, we’ve evolved to add commercial banking, commercial lending, investment, clearing, and fiduciary services to our toolbox. As modern life continues to present new challenges for clients, we step up and find creative ways to solve them.