Procurement Analyst
2 weeks ago
As a member of the Contract Operations Team, the key focus of the Procurement Analyst is to provide operational, administrative and analytical support for the Source to Contract Process. This role will provide process support to both business partners and internal procurement teams. This position reports to the Manager, Contract Operations.
What will you do?
- Act as a subject matter expert in the Procurement Intake Request process and provide guidance to relationship managers on the required due diligence/compliance steps related to their contract(s).
- Liaise regularly with Third Party Risk Management Operational teams to validate Risk Review status of contracts under negotiation/pending signature.
- Manage review and processing of all supplier contracts through the eSignature process, ensuring all required reviews and approvals are obtained.
- Review of supplier contracts to understand basic terms and conditions
- Support Relationship Managers with renewal/termination of existing supplier contracts, including advising on any contractual requirements
- Creation and ongoing data quality maintenance of the supplier contract repository.
- Support related project work to assist in roll-out of new and/or enhanced contract management services as required.
- Manage the central email and act as a subject matter expert in Procurement processes and requirements
What do you need to succeed?
- 2 - 4 years in a Procurement environment ideally in Financial and Insurance Services with exposure to contract drafting/review, supplier management, and supplier risk.
- Client service orientation, consulting and relationship management skills
- Strong MS Office (Word, Excel, PowerPoint, SharePoint) experience required
- 1-2 years experience with SAP Ariba modules (i.e. Supplier Lifecycle and Performance, Sourcing, Contracts, Buying and Invoicing) is considered an asset
- Excellent analytical skills
- Strong attention to detail
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