SVP, Strategic Sourcing & Procurement

Wintrust provides community and commercial banking specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois southwestern Florida northwestern Indiana west Michigan and southern Wisconsin and commercial banking offices in Chicago Denver Milwaukee Grand Rapids Mich. and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont Illinois and listed on the NASDAQ Global Select Market under the symbol WTFC.

Why join us

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
• Competitive pay and discretionary or incentive bonus eligible
• Comprehensive benefit package including medical dental vision life a 401k plan with a generous company match and tuition reimbursement to name a few
• Family-friendly work hours
• With 175 community bank locations we offer opportunities to grow and develop in your career
• Promote from within culture

Why join this team

• We have a culture that encourages an entrepreneurial spirit
• We offer multiple opportunities for development and upward mobility

Job Description Summary

Wintrust Financial Corporation is seeking a strategic and experienced executive to develop and lead enterprise-wide procurement sourcing and vendor management functions. This individual will be responsible for developing a scalable cost-effective and compliant procurement strategy across the Wintrust enterprise. This role is essential to driving operational efficiency third-party risk mitigation and value creation aligned with Wintrusts community banking culture.

What Youll Do

Strategic Procurement Leadership

• Develop and implement a centralized procurement strategy that aligns with Wintrusts decentralized operating model and long-term business goals.
• Drive enterprise-wide sourcing initiatives to support innovation optimize costs consolidate vendors where appropriate and improve service levels.

Vendor & Third-Party Risk Management

• Oversee the evaluation selection and management of strategic suppliers and partners.
• Ensure adherence to all regulatory requirements related to third-party risk management.
• Collaborate with Compliance Legal and Risk teams to manage contractual reputational and operational risks.

Contracting & Sourcing Excellence

• Lead enterprise contract negotiation and management processes to secure favorable terms mitigate risk and support service-level expectations.
• Partner with business units to ensure timely and compliant procurement that supports growth and innovation.

Procurement Operations & Technology

• Implement modern procurement tools and systems (e.g. Coupa Ariba or other ERP platforms) to enhance procurement visibility automation and control.
• Standardize and streamline procurement policies procedures and reporting across Wintrusts subsidiaries.

Spend & Cost Management

• Analyze spend data and implement cost-saving measures without compromising quality or service.
• Track procurement performance through key metrics dashboards and reporting to senior leadership.

Leadership & Team Development

• Build and lead a high-performing procurement and vendor management team.
• Foster a culture of collaboration continuous improvement and ethical sourcing across the organization.

Required Skills/Abilities/Background/Experience

• Bachelors degree in Business Administration Finance Supply Chain Management or related field; or equivalent work experience.
• 10 years of progressive procurement and vendor management experience including 5 years in a senior leadership role within a regulated financial services environment.
• Demonstrated success managing procurement in a multi-entity or decentralized operating model.
• Strong knowledge of regulatory requirements governing third-party risk in the banking sector.
• Experience implementing and managing procurement systems and tools.
• Exceptional negotiation communication and leadership skills.
• Ability to influence across all levels of the organization from business unit leaders to C-level executives.

Key Competencies

• Strategic Thinking and Execution
• Regulatory and Risk Management Expertise
• Cost Management and Financial Acumen
• Vendor Relationship Management
• Stakeholder Engagement
• Cross-Functional Collaboration
• Change Management
• Process Improvement and Technology Enablement

Work Environment

This role is based at Wintrusts corporate headquarters in Rosemont Illinois and operates in a hybrid work environment. Some travel to remote offices and vendor locations may be required.

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated salary range for this role is $203000 - $274000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors such as a candidates qualifications skills and experience.

From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation including community banking and financial services subsidiaries is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex age national origin disability veteran status genetic information and other legally protected categories.