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; and 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; and 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 achievementsDemonstrated track record of developing and implementing effective procurement strategies, including excellent working knowledge of procurement-related policies, laws and regulationsStrong team player with the ability to collaborate and influence business, as well as functional partnersAbility to motivate in a team-oriented, collaborative environmentExcellent negotiation and communication skillsStrategic mindset and problem-solving skillsDeep knowledge of industry and global trendsExceptionally self-motivated and directedCompany platform experience: experience in a global, publicly traded, Fortune 500 company, financial services background desirableEducation: 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

 

Reporting Relationship:

Reports directly to Chubb’s Chief Administrative Officer

 

Work Location:

United States; Philadelphia area is preferable but not required

Some travel required