Procurement Manager
3 weeks ago
Contract Duration: 12+ Months.
Required Skills & Experience
Bachelor’s degree/University degree.
5 to 8 years of Procurement / Sourcing experience in banking operations and financial services.
Experience in payment & transaction services, loan services.
Extensive experience writing contracts, proposals, amendments, terms and conditions.
Experience with vendor management.
Ability to run RFPs independently.
Experience working within the parameters of set policies and procedures in a large multinational firm.
Understands lending & payments industry
Strong financial analysis and demonstrated knowledge of finance/accounting.
Proficient computer skills with a focus on Microsoft Office applications, especially Excel.
Excellent communication & negotiation skills.
Self-starter, able to work independently and within teams.
What You Will Be Doing
Manage a team of professionals to accomplish established goals and conduct personnel duties for team (e.g., performance evaluations, hiring and disciplinary actions).
Manage requests for proposal, eAuction, supplier negotiations, financial analysis, and contract administration.
Identify opportunities to leverage sourcing of procurement and utilize procurement tools and processes to research supplier and commodity information as well as report and record procurement transactions.
Manage the analysis, negotiation, drafting, and implementation of contracts, as well as oversee contracts/suppliers for compliance, deliverables, and opportunities.
Analyze supplier proposals to identify savings, commitments, and opportunities as well as work with suppliers to measure/track performance and reporting requirements.
Communicate with stakeholders to reduce the total cost of ownership of the procurement process as well as plan and negotiate agreements to minimize risk and exposure, and provide optimal terms and conditions.
Monitor the supplier market and identify opportunities resulting from new product offerings and/or market shifts.
Contribute to corporate initiatives including approved supplier program, diversity spend program, service excellence, procure-to-pay program and achieving annual measurement goals.
Liaise with sourcing team, legal, internal customers, and suppliers to ensure all audit guidelines are met and adherence to company processes and procedures is achieved.
Operate with a limited level of direct supervision.
Exercise independence of judgement and autonomy.
Act as SME to senior stakeholders and /or other team members.
Ability to manage teams.
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