Procurement Analyst

Tysons Corner , Virginia
Jun 05, 2017
Jul 25, 2017
Full Time


PenFed is hiring a Procurement Analyst in our McLean, VA location.  The Procurement Analyst position will procure a variety of goods and services for PenFed. These goods and services will range from IT hardware and software to facilities goods and services to human resources benefits. The Procurement Analyst will be the interface point between the business units and the Vendors.  The Procurement Analyst will be responsible for negotiating with the vendors to ensure PenFed is procuring the goods and services at fair and reasonable prices.


Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

    Develops Request for Proposals (RFPs) including requirements, evaluation criteria, price analysis
  • Presents sourcing opportunities to the business unit with their strategic planning initiatives
  • Evaluates Proposals and makes recommendations to the business unit based on cost-benefit analysis of findings
  • Able to develop internal Procurement processes and procedures
  • Provides strong customer services to PenFed business units
  • Awards Contracts and Purchase Orders
  • These can be multiple year deals
  • Authorized to process transactions up to $250k
Performs contract negotiations Generates Purchase Orders Negotiates terms and conditions Authorized American Express Procurement Cardholder Evaluates suppliers’ annual performance  

Education and Experience

Equivalent combination of education and experience is considered.

    Bachelor’s Degree in related field or related military service experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions Minimum of two years of related business experience Expert knowledge of MS Office Products Knowledge of ERP or other Procurement Systems Strong analytical and statistical skills required                              

Supervisory Responsibility

    This position will not supervise employees.

Licenses and Certifications

    There are no additional certifications required.


Local travel to various work sites is required.


About Us

Founded in 1935, and still growing, we began as the War Department Federal Credit Union.  Today, PenFed is one of the country’s strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets.  We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. 

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate and to encourage. We exist to usher their dreams into the land of reality.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.


Equal Employment Opportunity

PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.  PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.

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