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Sourcing & Procurement Analyst

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Corporate Procurement Services
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181663 Requisition #
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Business Unit:  Chief Financial Office
Department: Corporate Procurement Services 
Job Family:  Corporate Procurement Services
Job Title:  Sourcing Analyst
Corporate Title: Senior Analyst
FLSA Code (US Only): Non-Exempt


Business Unit Description:

The Corporate Procurement Services (CPS) team is responsible for strategically partnering with our internal clients to source, and procure more than $500 MM of goods and services annually.  In addition, CPS supports all aspects of the supplier lifecycle including: supplier onboarding, supplier relationship management and supplier reporting.

Position Summary:

The Sourcing Analyst role offers candidates an unparalleled opportunity to work across DTCC and support major sourcing and procurement engagements for our business stakeholders.  They act as the primary connective tissue across our internal clients, sourcing, finance and risk teams to ensure our purchases are aligned with our sourcing goals and objectives.  The Sourcing Analyst role supports all components of the procurement lifecycle.  This includes: developing recommendations and strategies to manage our supply base, managing the requisition to purchase order process, and supporting the competitive bid process.


Specific Responsibilities:
  • ·       Drive the requisition to purchase order process

    ·       Manage and execute change orders to existing purchase orders

    ·       Perform analysis to support competitive bidding situations (e.g., three bids and a buy)

    ·       Advise, guide, and train internal clients on CPS processes

    ·       Align risk and control processes into daily responsibilities to monitor and mitigate risk; escalates appropriately

    ·       Perform financial and operational analyses related to supplier spend and performance

Leadership Competencies for this level include:
  • Accountability: Demonstrates reliability by taking necessary actions to continuously meet required deadlines and goals.
  • Global Collaboration: Applies global perspective when working within a team by being aware of own style and ensuring all relevant parties are involved in key team tasks and decisions.
  • Communication: Articulates information clearly and presents information effectively and confidently when working with others.
  • Influencing: Convinces others by making a strong case, bringing others along to their viewpoint; maintains strong, trusting relationships while at the same time is comfortable challenging ideas.
  • Innovation and Creativity: Thinks boldly and out of the box, generates new ideas and processes, and confidently pursues challenges as new avenues of opportunity.
Qualifications:
  • Bachelor's degree in Finance, Economics or supply chain management preferred
  • Minimum of 3 years’ experience in procurement or sourcing preferred
  • Strong oral and written communication skills required
  • Proficient in Microsoft Office; Excellent Excel and PowerPoint skills

About DTCC:

With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities and data centers around the world, DTCC automates, centralizes, and standardizes the processing of financial transactions across the trade lifecycle and mitigates risk for thousands of institutions worldwide.

At DTCC we value on our clients' interests and partner to deliver superior results with excellence and innovation and lead with integrity. We proactively develop your potential and invest in your career.

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