Procurement Specialist - OMBP
Overview
The Procurement Specialist supports the Overseas Military Banking Program (OMBP) procurement team by performing routine, structured procurement support activities under close supervision. This entry-level role is designed to develop foundational knowledge of federal procurement processes, documentation requirements, and compliance standards, including the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS). The position focuses on learning established procedures, maintaining accurate procurement records, and assisting with contract administration activities while gaining exposure to the federal contracting environment.
Responsibilities
- Assist with the preparation of procurement documentation, including Statements of Work (SOWs), market research summaries, and contract file materials, following established templates and guidelines
- Support the development and organization of solicitation packages and procurement files under direct supervision
- Track contract actions, deliverables, and key dates using established tracking tools and systems
- Coordinate with vendors to collect required documentation (e.g., Representations and Certifications, W-9/W-8 forms) as directed
- Maintain organized, complete, and accurate procurement records in accordance with program and documentation requirements
- Assist with invoice tracking, funding status updates, and basic price analysis activities using prescribed methods
- Learn to review standard contract clauses and identify key terms with guidance from senior team members
- Support vendor due diligence activities, including basic research using approved tools and resources
- Participate in required training, team meetings, and onboarding activities related to procurement policies, systems, and processes
- Provide routine administrative and operational support to the procurement team as assigned
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Training & Development:
- Structured onboarding and training program covering FAR, DFARS, and OMBP procurement processes
- On-the-job training with increasing responsibility over time
- Mentorship from senior procurement professionals
- Opportunity to pursue industry certifications (e.g., FAC-C or DAWIA)
Qualifications
- 0-2 years professional procurement or contracting experience; internships, coursework, or administrative support experience acceptable
- Ability to follow detailed instructions and established procedures with close oversight
- Strong attention to detail and basic organizational skills
- Basic proficiency in Microsoft Office applications, including Word, Excel, and Outlook
- Effective written and verbal communication skills
- Ability to manage assigned tasks and meet deadlines with supervision
- Willingness and ability to learn federal procurement regulations, policies, and internal processes
Desired Qualifications
- Bachelor's degree in Business, Finance, Supply Chain, or related field
- Exposure to procurement, purchasing, contract administration, or vendor management through education or internships
- Interest in federal contracting, government procurement, or supply chain management
- Familiarity with basic financial concepts or data analysis
Additional Information
Hours:
- Monday - Friday, 8:00AM - 5:00PM CT
Location:
- 300 Convent Street, San Antonio, TX 78205
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
• FORTUNE 100 Best Companies to Work For® 2026
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• Most Loved Workplace - America's Top Most Loved Workplaces® 2025
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• Newsweek Most Trustworthy Companies in America 2026
• Military Times 2025 Best for Vets Employers
• Forbes® 2026 America's Best Large Employers
• Forbes® 2025 America's Best Employers for New Grads
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• 2025 RippleMatch Campus Forward Award Winner for Overall Excellence
• Military.com Top Military Spouse Employers 2025
• 2026 Handshake Early Talent Award
• Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA
- Fitness Subsidies
- On-Site Gym
- FSA With Employer Contribution
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
- Adoption Assistance Program
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Company Outings
- On-Site Cafeteria
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Pension
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Learning and Development Stipend
- Promote From Within
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
- Mentor Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
Company Videos
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