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PenFed Credit Union (Hybrid) Procurement Analyst in McLean, Virginia


Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a (Hybrid) Procurement Analyst at our Tysons, Virginia location. The Procurement Analyst position will procure a variety of goods and services for PenFed. The goods and services will range from IT hardware and software to Facilities goods and services to Human Resource benefits. The Procurement Analyst will be the primary interface between business units and vendors. The Procurement Analyst will be responsible for negotiating with vendors to ensure PenFed is procuring goods and services at fair and reasonable prices.


Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

  • Develops Request for Proposals including requirements, evaluation criteria, pricing sheets and analysis.

  • Presents sourcing opportunities to the business unit with their strategic planning initiatives.

  • Evaluates proposals and makes recommendations to the business unit based on cost benefit analysis findings.

  • Able to develop internal Procurement processes and procedures.

  • Provides strong customer service to PenFed business units.

  • Awards contracts with signing authority up to $250k.

  • Generates Purchase Orders within the Procurement system.

  • Negotiates pricing and contract terms and conditions.

  • Evaluates vendors’ annual performance.

  • Supports PenFed business units on the corporate Travel & Expense (T&E) management solution, T&E policy, and corporate cards including the Procurement card.

  • Authorized Procurement Card holder.


Equivalent combination of education and experience is considered.

  • Baccalaureate degree in related field or related military service experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions.

  • Minimum Years of Experience 2 -4 years Business or equivalent experience.

  • Expert knowledge of MS Office Products.

  • Knowledge of ERP or other Procurement Systems.

  • Good analytical and statistical skills required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.


The ability to travel to various worksites and be on-call may be required.

About Us

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment OpportunityPenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568 .