Fannie Mae

Director, Procurement Center of Excellence

Fannie Mae$155K — $209K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of experience in procurement or related fields
  • Strong background in procurement transformation and governance
  • Proficient in using KPIs and analytics for decision-making
  • Experience managing supplier relationships and onboarding
  • Demonstrated ability to lead and develop high-performing teams
  • Familiarity with technology optimization in procurement processes
  • Bachelor's degree required; Master's preferred.

Responsibilities

  • Lead the strategy and execution of the Procurement COE roadmap.
  • Drive improvements in procurement effectiveness and stakeholder experience.
  • Establish enterprise standards and best practices for procurement.
  • Redesign and optimize processes across the source-to-pay lifecycle.
  • Implement analytics to provide actionable business insights.
  • Oversee the entire supplier enablement and onboarding process.
  • Partner with tech teams to innovate and automate procurement solutions.

Benefits

  • Comprehensive health, life, and voluntary lifestyle benefits
  • Access to an incentive program
  • Support for physical, mental, emotional, and financial well-being
  • Flexibility in work location (Reston, Washington, or Plano)
  • Encouragement of continuous learning and development opportunities.
Full Job Description


Job Description

In this compelling leadership position, the Director, Procurement Center of Excellence (COE) will partner closely with Procurement leadership, Finance, Risk, Legal, HR, Technology, and business stakeholders to enhance procurement capabilities, improve operational effectiveness, and elevate Procurement's role as a strategic advisor to the enterprise.

This position is ideal for a leader who is passionate about building scalable solutions, leveraging data to drive decisions, and creating a continuous improvement culture.

This job can be based in our Reston, VA, Washington, DC, or Plano, TX office.

THE IMPACT YOU WILL MAKE

The Director, Procurement Center of Excellence role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

Procurement Transformation and Strategy
  • Lead the design, development, and execution of the Procurement COE strategy and roadmap.
  • Drive initiatives that improve procurement effectiveness, stakeholder experience, compliance, and business value.
  • Partner with Procurement leadership to define and mature the procurement operating model.


Process Excellence and Governance
  • Establish enterprise procurement standards, policies, procedures, templates, and best practices.
  • Lead process redesign and optimization initiatives across the source-to-pay lifecycle.
  • Drive continuous improvement programs utilizing data, stakeholder feedback, and industry best practices.
  • Support audit readiness, policy and regulatory compliance, and remediation activities.


Analytics and Performance Management
  • Build and manage procurement KPI and SLA frameworks.
  • Develop reporting and analytics capabilities that provide actionable business insights.
  • Establish measurement approaches to demonstrate procurement value, efficiency, risk reduction, and stakeholder satisfaction.
  • Drive adoption of fact-based decision making through dashboards and performance reporting.


Supplier Enablement and Management
  • Oversee end-to-end supplier enablement and onboarding lifecycle, including supplier setup, risk and compliance reviews, validation, and ongoing supplier data management.
  • Lead low risk contracting support activities.
  • Manage ongoing supplier relationships.
  • Partner with internal stakeholders on working capital opportunity assessment.


Technology and Innovation
  • Partner with enterprise and procurement technology teams to optimize procurement systems and tools.
  • Identify opportunities to leverage automation, AI, workflow solutions, and analytics platforms.
  • Lead evaluation and implementation of new capabilities that improve efficiency and user experience.
  • Champion innovation initiatives across Procurement.


Change Management and Capability Development
  • Partner with internal Change Management / Communication teams to manage communication and adoption strategies for procurement programs and initiatives.
  • Collaborate with Talent Development teams to build functional excellence programs, training curricula, and knowledge management practices.


Team Leadership and Management
  • Lead, coach, and develop a high-performing Procurement COE team.
  • Set priorities and expectations that build capability, accountability, and collaboration.
  • Manage team capacity and execution across procurement transformation and COE initiatives.


THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences
  • 8 years of related experience in procurement, strategic sourcing, supplier management, procurement operations, or procurement transformation.
  • Experience leading procurement transformation, COE, or operating model initiatives that improve effectiveness, compliance, stakeholder experience, and business value.
  • Experience establishing or improving procurement policies, standards, procedures, templates, governance, and source-to-pay controls.
  • Experience using procurement reporting, KPI/SLA frameworks, dashboards, or analytics to drive decisions and measure value, efficiency, risk reduction, and stakeholder satisfaction.
  • Experience overseeing supplier enablement, onboarding, data management, risk/compliance reviews, or supplier relationship management.
  • Experience partnering with technology teams to optimize procurement systems, workflows, automation, analytics platforms, or related tools.
  • People leadership experience, including direct management or supervision of a team.
  • Demonstrated curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.


Desired Experiences
  • Bachelor's degree or equivalent; Master's degree preferred.


Corporate Procurement - Vendor Management - Director

#LI-Hybrid

Qualifications

Education:
Bachelor's Level Degree (Required), Master's Level Degree

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:
155000
to
209000

About Fannie Mae

As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and helping to build a sustainable housing finance system. They exist to provide reliable, large-scale access to affordable mortgage credit in all communities across the country at all times so people can buy, refinance, or rent homes. Fannie Mae is working to establish and implement industry standards‚ develop better tools to price and manage credit risk‚ build new infrastructure to ensure a liquid and efficient market and facilitate the collection and reporting of data for accurate financial reporting and improved risk management. Fannie Mae is committed to being their customers’ most valued business partner and delivering the products, services and tools their customers need to serve the entire market confidently, efficiently and profitably. Ultimately‚ Fannie Mae measures their progress not only by paying taxpayers and improving the housing finance system‚ but also by the difference they make in people’s lives.

Fannie Mae Careers

Join the vibrant team at Fannie Mae, where we are committed to solving the challenges of today's housing market while fostering inclusive growth and innovation. As a cornerstone of the American mortgage system, Fannie Mae offers unparalleled job opportunities that empower you to influence the future of housing finance. Work You’ll Do At Fannie Mae, you will collaborate with some of the brightest minds in the finance and technology sectors. Our mission is to ensure access to affordable housing for people across the United States, and your work here will contribute to that goal. With roles ranging from financial analysis to technology development, your career at Fannie Mae will be marked by growth, leadership, and the pursuit of excellence. Innovate and Lead Fannie Mae stands at the intersection of financial services and innovative technology solutions, making it an ideal place for those who are driven to explore new ideas and push boundaries. Our culture thrives on innovation and leadership, encouraging every team member to bring forward ideas that drive efficiency and effectiveness. Professional Growth and Development Career advancement at Fannie Mae is not just a possibility—it is an expectation. We are dedicated to the professional growth of our employees through robust training programs, leadership workshops, and continuous learning opportunities. Whether you are looking to sharpen your analytical skills, enhance your leadership capabilities, or dive deep into the housing market dynamics, Fannie Mae provides the resources to achieve your professional goals. Diversity and Inclusion At Fannie Mae, we believe that diversity fuels innovation. We are committed to fostering an inclusive environment where diverse voices are heard and valued. Through diversity training and a culture that celebrates unique perspectives, we ensure that all team members can contribute to their fullest potential. Join Our Team Explore the array of job opportunities at Fannie Mae, from internships for budding professionals to full-time positions for seasoned experts. We are hiring individuals who are passionate, curious, and eager to make a difference. Our team is looking for candidates who not only have the necessary skills but also embody our values of integrity, impartiality, and respect. Benefits and Perks Working at Fannie Mae comes with a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. From competitive health benefits and retirement plans to flexible working arrangements and wellness programs, we prioritize the well-being of our team members. Stay Connected Networking and staying connected are key components of building a successful career at Fannie Mae. Engage with us through various professional networking events, online communities, and social platforms to stay updated on new positions, company news, and industry trends. Apply Now Ready to take the next step in your career? Review our open positions, tailor your resume, and prepare for an interview that could set you on a path to a rewarding career at Fannie Mae. We are excited to see how your vision, skills, and enthusiasm can contribute to our team and the broader mission of affordable housing. Explore Fannie Mae Jobs Discover the exciting and impactful career paths available at Fannie Mae. Each position offers the opportunity to challenge yourself, contribute to a significant cause, and work within a culture that values innovation, leadership, and community impact. Join us in shaping the future of housing finance—apply today and be part of a team that is dedicated to making a difference.
Learn more about Fannie Mae
Size
7,400 employees
Industry
Founded
1938
NASDAQ

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