Overview
To support Navy Federal s business objectives by managing the pre-award; negotiation; and post-award contracting processes for the acquisition of services; materials and equipment. Works independently with limited guidance.
Responsibilities
In conjunction with the Business Unit, reviews requests for the procurement of equipment, services, material and/or construction
Analyzes the requirement for product(s) and/or service(s), verifies funding, reviews delivery timeline and key performance indicators (KPI) of the product/service, and recommends revisions to the statement of work or specifications
Establishes an acquisition strategy to include the type of contract and milestones, contractible requirements, availability of qualified contractors and/or justifications for sole/single source acquisition
Prepares solicitation documents or reviews vendor-provided contractual documents. Incorporates provisions, such as cost accounting standards, requirements for technical proposals, testing procedures, cost escalation factors, regulatory agency compliance issues including National Credit Union Administration (NCUA) and Navy Federal Key Service Provider policies
Coordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel and Chief Financial Officer, as required. Solicits proposals from prospective contractors
In conjunction with the Business Unit, analyzes proposals. Performs cost or price analysis, including review of cost breakdowns to determine reasonableness. Obtains pre-award surveys to establish contractor responsibility, and obtains audits and pricing reports to develop negotiation strategy
In conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, CFO, and subject matter experts
Reviews Business Unit's Quality Assurance Plan to assure it aligns with contract terms and conditions; Recommends Plan adjustments as needed
Awards contracts within delegated contracting authority, or recommends award to contracting authority on contracts outside delegated authority
Prior to contract execution, meets with Business Units and contractor and reviews key contract terms, conditions, and requirements including deliverables, timelines, and administrative details
Assists Business Units in the execution of contracts, including correspondence, invoice verification and performance of termination actions, until final delivery and payments are completed and the contract is closed
Interprets contract provisions for Business Units and provides appropriate advice and guidance. In conjunction with the Business Unit, leads negotiations on contract modifications
In conjunction with the Business Unit, prepares Navy Federal's position on contract disputes and recommends a decision on dispute settlements
Closes out the contract or issues termination notices and reviews settlement proposals
Works with procurement requests requiring contracts with complex product/service requirements, significant business risk and impact
Uses advanced contracting/negotiating techniques and models
Presents alternatives and recommendations to solve unique and complex problems
Provides training and guidance for lower level specialists
Develops project strategies
Anticipates issues and identifies solutions
Qualifications
Knowledge of procurement directives and contract laws, regulations and procedures applicable to the acquisition and contract administration of extensive or unique equipment, services, material and construction
Knowledge of various types of contracts, methods of contracting, and selection factors to plan appropriate strategies to procure complex requirements, and to conduct negotiations in the pre-award and post-award phases of contracting
Knowledge of customer's program objectives sufficient to participate in planning, negotiation, and administration of specialized technical terminology, and uses of equipment, services, or construction procured
Extensive knowledge of commercial and industrial business practices (e.g., subcontracting of raw materials or services and use of cost analysis techniques) sufficient to identify sources, analyze cost and pricing data and contract proposals, and to evaluate risk
Extensive experience reviewing and negotiating major contracts in a business environment
Demonstrated experience in negotiating contracts with vendor representatives, contract specialists, legal representatives, and executives
Ability to work tactfully and effectively with all levels of management and staff
Strong research, analytical, and problem solving skills
Desired Qualifications
Knowledge of Navy Federal's Information Technology infrastructure
Knowledge of Navy Federal's business operations, products, and services
Completion of the American Graduate University class on Source Selection & Contract Award or Next Level Purchasing Microsoft Project for Purchasing Professionals
Certification by the National Contract Management Association, Institute for Supply Management, or other nationally accredited source
College degree in Business, Information Technology, Purchasing Management or related field
Hours: Monday - Friday, 8:00AM - 4:30PM
Locations: 820 Follin Ln. Vienna, Virginia 22180
About Us
You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:
- Military Times 2022 Best for Vets Employers
- WayUp Top 100 Internship Programs
- ForbesR 2022 The Best Employers for New Grads
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work ForR
- ComputerworldR Best Places to Work in IT
- Ripplematch Campus Forward Award - Excellence in Early Career Hiring
- Fortune Best Place to Work for Financial and Insurance Services
Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
REQNUMBER: 18935
