Sourcing Analyst

Job Description Overview :

The primary purpose of this position is to procure services and products and guide our internal business partners through the procurement process while ensuring adherence to compliance regulations in accordance with Global Sourcing and Procurement policies and procedures.

Responsibilities :

• Creates writes negotiates and reviews supplier contracts. Works with internal business partners to establish agreements that reflect the interests of the company.
• Works with legal counsel and other stakeholders to negotiate terms and conditions of the contracts.
• Ensures contract accuracy and rewrites or amends as necessary.
• Works directly with suppliers / vendors to obtain materials / products / services through preparation and administration of Statements of Work / Quotes to validate favorable terms on quality delivery and price and ensure end-user needs are met on a consistent basis.
• Participates in supplier selection and moderately complex contract negotiations involving Legal and other departments as necessary to achieve favorable terms on quality delivery and price and ensure end-user needs are met and deliver cost savings.
• Works with internal customer groups to help establish specifications and validate pricing and terms.
• Interacts with Legal and other company departments and agencies to analyze risks associated with agreements and develop language to minimize exposure whenever needed.
• Reviews and approves contracts in accordance with company terms and conditions.
• Guides internal customers and stakeholders through the end-to-end procurement process.
• Coordinates with internal customers and category managers to assist in sourcing initiatives
• Interacts with vendors and internal customers to resolve transactional issues.
• Coordinates signature requirements both internal and with Visa suppliers.
• Addresses inquiries on order status of products and services
• Resolves discrepancies related to procurement issues
• Delivers support to internal customers in an effective and efficient manner.
• Troubleshoots internal customer issues regarding the services provided by Procurement Operations.
• Documents the problem and provide appropriate follow up to meet internal customer service levels.
• Responds to queries from Internal Customers.
• Processes purchase requisitions and update existing purchase orders as requested by business partners.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications :

Bachelors Degree preferred

3 years as a sourcing and / or procurement professional preferably with a major financial institution or payment card company. Marketing Category exposure will be an added advantage.

Knowledgeable of Procurement policies and procedures and their application to the processing of purchasing transactions (e.g. processing purchase requisitions processing purchase orders modifying purchase orders executing bidding for transactions). 3 years of procurement experience in shared services or centralized procurement operations center

Experience in negotiating and drafting low to moderately complex contracts (i.e. Statements of Work Master Agreements SaaS and SLSAs)

Proven track record of successfully executing multiple types of transactions simultaneously

Excellent written oral and presentation skills and an ability to synthesize information and make clear concise recommendations on course of action

Knowledgeable about contract terms and conditions

Experience managing internal and external customers and users. Strong relationship management skills and ability to influence at a mid-management level both internally and externally

High level of self-motivation and initiative and ability to operate as an effective team player

Understanding of process mapping and continuous improvement methodologies.

Proficiency in purchasing systems and organizational interfaces (including Ariba Coupa DocuSign and Oracle)

Proficiency in Microsoft Office : Excel Word PowerPoint and Outlook

Professional accreditation in sourcing procurement or purchasing a plus

Additional Information :

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Remote Work : No

Employment Type : Full-time

Key Skills

Category Management,Sourcing,Procurement,HR Sourcing,Supply Chain Experience,Analysis Skills,Contract Management,Supplier Management,Contract Negotiation,ERP Systems,negotiation,Contracts

Experience : years

Vacancy : 1