Joseph Mitchell
SVP Senior Procurement Manager @Bank of America
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WORK HISTORY
SVP Senior Procurement Manager @Bank of America
Charlotte, NC, US
Head of Global Payments Solutions Procurement TeamDirect global sourcing strategies across multiple international business lines, including payments, investment banking, and global markets.Lead global team (including India Center of Excellence), optimizing delivery model to improve procurement cycle efficiency and stakeholder experience.Developed enterprise-wide savings methodology, enabling consistent tracking, reporting, and validation of multimillion-dollar savings across all categories.Built business case and spearheaded delivery of AI-powered contract analysis tool, while leading the procurement organization’s broader AI strategy, driving innovation, automation, and intelligence across sourcing and supplier management processes.Executed multiple process optimization initiatives leading to updated procurement policies, 15% faster cycle times, and improved compliance and customer experience.Partner with executives on strategic vendor negotiations for mission-critical services, delivering sustainable cost reductions while mitigating supplier risk.
EDUCATION
Darla Moore School of Business at the University of South Carolina
Bachelor of Science, Business Administration; Marketing and Management
ABOUT JOSEPH MITCHELL
I serve as SVP Senior Procurement Manager, leading the Procurement team responsible for Global Payments, Payment Networks, Global Corporate & Investment Banking, and Financial Market Utilities/Trading Venues. My role delivers strategic third-party solutions, optimizing execution efficiency, and ensuring best-in-class procurement services through the development of value tracking metrics and robust Request for Proposal (RFP) processes. Collaborating with cross-functional teams, I focus on refining sourcing strategies, managing resources, and promoting top talent to enhance operational efficiency and reduce third-party risk. With credentials including CPSM and CPSD certifications, I am committed to driving innovation and excellence in procurement operations to support organizational success.
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