Job Description

Purchasing Supervisor

Our Company

At FirstBank PR, we strive to be a trusted advisor to our clients and our employees are the ones that ensure we deliver on our promise of excellence in personalized customer service. Our more than 3,100 employees in Puerto Rico, the Virgin Islands and Florida share a passion for excellent customer service. We are proud of our team because they are continuously surpassing our client’s expectations.

Do you have a passion for helping customers, building relationships, and delivering extraordinary, personalized customer service? If your answer is yes, FirstBank is the number one place for you.

A Brief Overview:

Lead purchasing for Puerto Rico and the Eastern Caribbean region. Manage sourcing, purchasing, inventory, suppliers, and contracts to ensure cost-effective, high-quality service and regulatory compliance. Support branches, departments, and subsidiaries with their procurement needs.

What You’ll Need to Succeed:

Strategic Sourcing & Contract Management:

· Develop and implement sourcing, procurement, and negotiation strategies aligned with organizational goals.

· Lead competitive sourcing initiatives, including request for proposal (RFP), bidding processes, vendor evaluations, proposal analysis, and contract negotiations.

· Oversee contract execution and administration to optimize value, manage risk, and ensure favorable commercial terms.

Supplier Relationship Management:

· Identify, evaluate, and select qualified suppliers capable of meeting business requirements.

· Establish and maintain productive relationships with key vendors and service providers.

· Monitor supplier performance and drive continuous improvements in quality, service, and cost effectiveness.

Purchasing Operations & Inventory Management:

· Oversee purchasing activities, inventory levels, and material availability to ensure uninterrupted operations.

· Review and approve procurement requests within delegated authority and established policies.

· Ensure timely acquisition of office supplies, equipment, technology, furniture, forms, and related services.

Market Analysis & Cost Optimization:

· Monitor market trends, pricing conditions, supplier capabilities, and industry developments.

· Identify and recommend cost-saving and process improvement opportunities that enhance operational efficiency and financial performance.

· Support procurement planning activities to meet operational and strategic business needs.

Procurement Systems & Process Improvement:

· Implement and enhance procurement tools, workflows, and technology solutions.

· Standardize purchasing processes to improve efficiency, transparency, reporting, and internal controls.

· Leverage data and analytics to support informed purchasing decisions and operational effectiveness.

Governance, Compliance & Risk Management:

· Ensure compliance with procurement policies, regulatory requirements, and internal control standards.

· Maintain complete and accurate procurement documentation and records.

· Support vendor risk assessments, audits, compliance reviews, and contract governance activities.

Stakeholder Partnership & Advisory Services:

· Collaborate with Finance, Legal, Information Technology, Operations, and business leaders to align procurement initiatives with organizational priorities.

· Provide strategic guidance on sourcing options, vendor selection, contract management, and purchasing best practices.

· Serve as a trusted advisor to internal clients across all regions.

What You’ll Need:

• Bachelor's Degree Accounting, Administration, Finance, Information Technology or Engineering. Master's Degree preferred in Business Administration or related area.
• At least three to five of experience in progressive experience working in or overseeing procurement‑related processes, including sourcing, purchasing, vendor coordination, and compliance with internal policies and controls. Experience in logistics and process management, with demonstrated leadership capabilities, including supervising, mentoring, developing, and motivating team members to achieve operational and organizational objectives.
• Strong written and verbal communication for reports, presentations, in Spanish and English

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills required of personnel so classified. The reporting relationship may not reflect the most recent changes to the corporate reporting structure.

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