Procurement Specialist

Position: Procurement Specialist

Location: Remote

Duration: Contract

Key Job Functions

• Contribute to the centralization of professional services procurement through the development of internal and external partnerships.
• Forge highly collaborative relationships with other procurement team members to collectively increase the scope and impact of the team.
• Establish frameworks for full lifecycle management of all professional services contracts.
• Foster highly aligned cross-functional partnerships across Security, Technology, Finance, and Legal teams integral to the delivery of procurement services.
• Utilize subject matter expertise in the strategic acquisition of professional services, including contingent labor, consulting services for all internal partners.
• Develop and maintain knowledge on services relevant to stakeholders.
• Foster key supplier relationships to ensure they are responsive to the evolving needs of U.S. FinTech.
• Solicit product and service proposals and conduct legal and commercial negotiations while complying with U.S. FinTech s guidelines and procurement processes.
• Ensure compliance with company supplier and license management guidelines and applicable government regulations important to purchasing practices.
• Scout global markets for prospective suppliers, as well as develop and vet, qualified new suppliers.
• Maintain accurate contracting data, supplier records, and transaction information.
• Monitor supplier reliability and performance.
• Negotiate and manage supplier agreements.
• Identify supplier consolidation/centralization opportunities.
• Support contract renewals and the purchase order process.

Specialized Knowledge & Skills

• Knowledge of procurement management applications and their use.
• In-depth knowledge of contractual techniques when changes in the requirements are required during the course of the contract.
• Skilled in the use of Microsoft Office suite.
• Demonstrated ability to understand technology documents as they relate to procurement activities and understanding requirements.
• Ability to conduct effective negotiations for the most complex and difficult technology contracts
• Orientation and focus towards providing quality and timely contract management and administration.
• Orientation towards teamwork and collaboration
• Proven ability to manage work tasks and projects effectively and in a timely manner using project management skills and tools, as applicable.
• Demonstrated, strong written and verbal communication skills.
• Proven collaboration skills and an ability to work across the organization with a wide diversity of individuals and perspectives.

Education

• Bachelor s degree or related work experience

Minimum Experience

• A minimum of 2 years of experience in sourcing and procurement function.