Procurement Specialist
This position is responsible for supporting procurement functions throughout the supplier lifecycle with emphasis on finalizing contract terms, sourcing support, purchasing execution and support functions for risk and compliance of third-party suppliers. This position facilitates the purchasing process between the business area and other stakeholder areas (e.g., Legal, Third-Party Risk, Controller, Technology, etc.) This position is responsible for contributing value in the form of direct cost savings through sourcing and negotiation and/or managing demand and risk to deliver cost avoidance. This position will use the Purchasing system to execute supplier lifecycle activities as well as developing reports, metrics, processes, and support for business areas using the purchasing system.
Position Responsibilities:
- Coordinates business demand and requirements into sourcing strategy or contract.
process (i.e., category management and contract services). - Negotiates and executes purchases through approved buying channels.
- Delivers savings and/or cost avoidance through execution of supplier lifecycle activities.
- Utilizes the Purchasing system to develop reports, metrics, spend analytics.
- Manages compliance and risk for 3rd party suppliers.
Position Qualifications:
- Bachelor's Degree from an accredited university required in Purchasing or Supply Chain Management preferred
- 1 year of experience in Supplier contract negotiations/management
- 1 year of experience in Purchasing or purchasing system
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - disability/veteran.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Jun 21, 2025