M&T Bank Corporation

Chief Procurement Officer

M&T Bank Corporation$157K — $292K *
Business Services
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Supply Chain, or related field; or 17 years of relevant experience
  • Minimum of 13 years' experience in procurement, sourcing, or supplier management
  • 6 years of managerial experience leading teams
  • Expertise in strategic sourcing, supplier negotiations, and category management
  • Track record in procurement transformation and enterprise change leadership
  • Proficient in leveraging AI, analytics, and automation in procurement
  • Strong understanding of third-party risk management and regulatory compliance

Responsibilities

  • Develop and implement a comprehensive procurement strategy to enhance enterprise value
  • Lead sourcing strategy and manage high-value supplier relationships
  • Drive next-generation procurement capabilities using AI and advanced analytics
  • Establish governance for enterprise spending and improve operational transparency
  • Lead third-party risk management aligned with regulatory standards
  • Provide leadership during acquisitions and strategic transactions
  • Build and develop a high-performing, innovative procurement team

Benefits

  • Supportive culture emphasizing belonging and diversity
  • Focus on continuous improvement and team development
  • Access to advanced technology and procurement tools
  • Dynamic role central to organization-wide transformation
  • Opportunity to influence executive-level decision-making and enterprise strategy
Full Job Description
Overview:

Leads and redefines procurement as a strategic business partner, driving growth, operational excellence, innovation, risk management, and enterprise value realization. Oversees third-party spend, leads enterprise sourcing and supplier strategy, strengthens governance and risk management, and accelerates the modernization of procurement through digital, analytics, and AI (Artificial Intelligence)-enabled capabilities.

Primary Responsibilities:
  • Oversee the development and execution of a forward-looking procurement strategy that drives enterprise value, operational efficiency, innovation, and risk mitigation. Create a procurement organization recognized as a strategic partner and business enabler across the Bank.
  • Lead sourcing strategy and governance while negotiating and managing complex, high-value supplier relationships. Drive greater commercial value, innovation, service excellence, and supplier collaboration across the enterprise.
  • Champion the next generation of procurement capabilities through AI, intelligent automation, advanced analytics, category intelligence, and modern source-to-pay technologies.
  • Establish disciplined governance and accountability for enterprise spending. Leverage data and market intelligence to improve transparency, increase operating leverage, and enable smarter investment decisions.
  • Lead a best-in-class third-party risk program aligned with regulatory expectations and the organization's risk appetite. Strengthen supplier oversight, resiliency, compliance, and risk mitigation practices across the vendor ecosystem.
  • Provide leadership and expertise during acquisitions and strategic transactions, identifying synergies, mitigating contractual risk, and maximizing value realization opportunities.
  • Build, inspire, and develop a high-performing team known for innovation, partnership, accountability, and results. Foster a culture that embraces continuous improvement, diversity of thought, and enterprise collaboration.
  • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports a culture of belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.


Scope of Responsibilities:

The organization is embarking on a significant modernization and growth agenda. Procurement sits at the center of that transformation, influencing how capital is deployed, how innovation is sourced, how risk is managed, and how strategic partnerships create value. The position serves as trusted advisor to executive leadership and key governance committees, bringing together commercial insight, supplier intelligence, technology enablement, and disciplined risk management to improve performance across the enterprise. Success in the role is measured not only by savings, but by the ability to drive innovation, optimize supplier ecosystems, strengthen resiliency, enable growth, and position Procurement as a recognized strategic differentiator. This position is expected to redefine procurement as a strategic business partner, driving growth, operational excellence, innovation, risk management, and enterprise value realization. With this the position influences enterprise strategy, shapes key investment decisions, builds executive-level partnerships, and creates sustainable competitive advantage across a complex and highly regulated organization.

Supervisory/Managerial Responsibilities:

No. of Staff - 52

Annual Third-Part Spend - $2 billion

Education and Experience Required:

Bachelor's degree in Business, Finance, Supply Chain or related field and a minimum of 13 years' progressive procurement, sourcing, and/or supplier management experience, or in lieu of a degree, a combined minimum of 17 years' higher education and/or work experience, including a minimum of 13 years' progressive procurement, sourcing, and/or supplier management experience

Minimum of 6 years' proven managerial experience

Significant experience leading enterprise procurement organizations with large-scale spend responsibility

Proven track record of procurement transformation and enterprise change leadership

Deep expertise in strategic sourcing, supplier negotiations, category management, and value realization

Demonstrated success leveraging technology, analytics, automation, and AI to modernize procurement operations

Strong knowledge of third-party risk management, governance, and regulatory expectations

Executive presence with ability to influence senior leaders, boards, regulators, and external partners

Outstanding financial skills

Outstanding analytical skills

Outstanding business case development capabilities

Experience supporting mergers, acquisitions, and complex integration initiatives

Reputation for developing high-performing teams

Reputation for building strong stakeholder relationships

Education and Experience Preferred:

MBA (Master in Business Administration) or other advanced business degree

CPSM Certified Professional in Supply Management), CIPS (Chartered Institute of Procurement & Supply), CPM, and/or related professional certifications

Prior Financial services, banking, and/or other highly regulated industry experience

Experience leading enterprise procurement modernization and platform transformation initiatives

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $157,500.00 - $292,500.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location
Buffalo, New York, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ

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