Apply in 3 Minutes: Assistant Manager

14 hours ago

Chennai India Bank of America Full time

Job Description

Job Description:

This role is of an Individual Contributor. Individual would require to be a highly motivated procurement professional who will be responsible for executing/processing Master Agreements, complex sub-agreements such as Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Non-Disclosure Agreements, Change Orders etc. end to end for respective Sourcing categories. Individual will perform as a contributing member in the Sourcing COE team in any of the sub groups and drive compliance to Procurement standards and goals, reduce complexities, maintain quality standards and realize/highlight opportunities to negotiate on contractual and commercial terms with incumbent and or new vendors

Responsibilities*

- Procurement professional with deep subject matter expertise and work exposure in Global environment
- Expected to collaborate with requester on the requirement and facilitate vendor selection through RFx process as per third party program management standard
- Expected to draft and review highly complex Master Agreements, sub-agreements such as Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Change Orders etc.
- Negotiate contractual and commercial terms with vendors/suppliers to meet business requirements by keeping strong focus on risk, cost, timeline, compliance & governance
- Take ownership of work/task in hand and drive completion as per defined policy, standards and procedures
- Identify and realize saving opportunities wherever possible
- Manages workflow for self and is responsible for the timely delivery of all tasks assigned
- Adds value to the transactions assigned to the team when necessary
- Resolves or escalates issues to appropriate stakeholders
- Interact with Line of Business, onshore sourcing counterparts vendors/suppliers and other stakeholders, support partners

Requirements*

Job Title*

Assistant Manager

Education*

Graduate or Post Graduate

Certifications If Any, Not mandatory

Experience Range*

7 -11+ years of Sourcing, Procurement and Contract Management experience working in a global environment across multiple time zones and communicating with senior/middle management levels of diverse stakeholders.

Foundational skills*

- Hand on experience and working knowledge with documents such as: Master Agreements, Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Change Orders, Non-disclosure Agreements and other legal instruments
- Knowledge of SharePoint, MS Office, GEP, Ariba or other applications supporting Procurement Operations
- Strong verbal and written communication skills
- Strong analytical and interpersonal skills
- Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize

Desired Skills

- Prior relevant experience
- High level of ownership and attention to detail

Work Timings*

7:30 AM till 4:30 PM (APAC Shift) / 12:30 PM till 9:30 PM(US Shift)

Job Location*

New Chennai, BLOCK 2DT TARAMANI, STE, Chennai

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