USAA Real Estate

  • Director, Procurement

    Job Location US-TX-San Antonio
    # of Openings
  • Company Overview

    Acquiring, developing, financing and managing quality real estate investments since 1982, USAA Real Estate provides superior returns investing across the risk spectrum, with expertise in office, industrial, multi-family, retail and hotel assets. Investing for the USAA membership and aligned with more than one hundred investment partners across the world, we maintain an “Investor First” mindset with a significant co-investment in all programs. As the real estate investment management arm of USAA, a leading financial services company serving military families since 1922, USAA Real Estate has achieved a track record of success living up to the high standards set at USAA and sharing its culture. USAA’s balance sheet puts us in a position of strength – well capitalized to invest in multiple strategies. This is a distinct competitive advantage. USAA Real Estate is headquartered in San Antonio, Texas.

    Job Description

    The Director, Procurement will be responsible for centralizing the contract management functions, and facilitating and managing the full life cycle of the contracts and agreements for USAA Real Estate. Primary responsibilities will include assisting with the management of 3rd party relationships and monitoring vendor performance to ensure effective contract administration.


    Essential Functions:

    • Serve as a liaison between internal and external parties during contract development and negotiation stages.
    • Draft, execute and manage a wide variety of contracts. Ensure that contract execution follows a prescribed process and otherwise is in accordance with company policy.
    • Collect and maintain a centralized library of standard contracts and agreements to be used across the company as the starting point in contract administration.
    • Coordinate with vendors and internal personnel to process contracts in an accurate and timely manner. Prepare and disseminate information regarding contract status, compliance, modification and contract notice requirements, as available. Facilitate contract review with USAA Real Estate business and legal leaders, as necessary.
    • Review, track and monitor contracts to ensure that vendors are in compliance with contract terms, including insurance requirements, signatures, approved changes, etc. 
    • Establish and maintain a centralized storage and retrieval system for, and accessible listing of, all executed contracts.
    • Maintain an audit file for each contract that includes original contract, all correspondence, changes/deviations, amendments, clarifications, payment schedules.
    • Track and communicate vendor insurance certification termination dates. Explore options to utilize a system to track and provide notifications for contract and insurance expirations and other key dates or events.
    • Regularly review the contract systems, processes and standard form agreements, and recommend improvements to streamline processes and optimize functionality. 
    • Prepare and provide documents, reports, presentations and information in an efficient and timely manner.  Conduct training presentations for internal customers, as needed.
    • Perform functional risk assessments related to contracts, to manage risk and to satisfy USAA enterprise and regulatory reporting requirements.
    • Perform other duties as requested.


    At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, USAA Membership eligibility, educational and professional designation assistance, business casual dress attire and much more! Qualified applicants must successfully complete a pre-employment background and drug screen.  The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.


    USAA Real Estate is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.


    Minimum Qualifications:

    • Bachelor’s Degree in Business Administration, Accounting, Finance, Paralegal Studies, or related degree.
    • 4+ years of contract management and administration experience within a related industry, preferably in commercial real estate.
    • Must have a high-level exposure to contract negotiation, drafting and executing commercial contracts and agreements. Good knowledge of contracting basics, legal terms, and vendor/customer contracting processes and procedures.
    • Ability to communicate clearly, both written and orally, with vendors and internal personnel.
    • Experience identifying and mitigating risks in a complex business environment.
    • Strong leadership and interpersonal skills with an enthusiasm for working closely with both internal and external partners in a team atmosphere.
    • Demonstrated proficiency in Microsoft Office Suite, including Excel, Word, PowerPoint, and Access.
    • Qualifications may warrant placement in a different job level. 


    Physical Requirements:

    • Regularly required to sit for extended periods of time; frequently required to stand, walk, and use business equipment daily such as computer, copier, fax, telephone, etc.; frequently required to reach overhead, bend, and lift objects of up to 25 lbs.
    • Ability to handle stress caused by multiple priorities, and other unforeseen situations associated with the organization.
    • Eyesight and hearing must be correctable to standard level.


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