IT Sourcing & Procurement Analyst

The Role: IT Sourcing & Procurement Analyst The Grade/Level: (relevant for internal applicants only) 11 The Location: Princeton, NJ or New York, NY The Team: S&P Global is seeking a Procurement Analyst to report to the Senior Director of IT Procurement and Contract Management. The role proactively manages key organizational IT spends (hardware, software and services), and associated suppliers to create P&L impacting value that is recognized by the Business Units and the organization. This role will be part of a dynamic team that manages all IT Business and Financial processes for the Global organization. The Impact: The Procurement Analyst is accountable for managing sourcing initiatives, while working with internal partners (Key Business Owners and SME resources from the lines of business, Legal, Risk Management, Procurement relationship managers, and external parties (Regulatory agencies, competitors and supplier organizations)). This includes the following process activities across the defined spend category(s). The Procurement Analyst role coordinates contract changes (including evaluation, negotiations, contract-management approval, physical update of contract, etc.), contract interpretations, and internal and external communication regarding the Agreement and the Provider relationship. What’s in it For You: You will form the key interface between defined S&P Global functions and the Provider, ensuring input (e.g. business and compliance requirements) and participation in decision making such as review and approval of deliverables or mitigating actions. Responsibilities: Lead the analysis of IT spend baseline and creation of category profile Development, negotiation, execution and implementation of complex sourcing initiatives (including developing requests for proposals and other selection and supplier evaluation tools), while ensuring that risks are mitigated, and policies are adhered to. Participate in the enhancement or recommendation of changes to the operating practices and processes within Sourcing to improve requirements planning, procurement and supplier management processes. Development and presentation of sourcing strategy recommendations as part of advisory service to business partners based on their business requirements and industry analysis. Definition and solution of problems/issues in a creative or innovative way when business partner needs / requests / projects are presented in a general or ambiguous manner. Leadership in negotiation strategy alignment and contract negotiations, as well as securing of authorizations for agreement execution. Discussion and negotiation of complex issues and requirements with senior management. Successful development of agreement content in partnership with a legal resource. Strategy development /implementation to meet Procurement objectives related to sourcing and contracting Operational Efficiency - maximize efficiencies, processes and systems across Procurement to meet CLIENT business goals. Responsive to changing competitive environment and technological advancements - decisions related to technology involve significant expenditure/ time commitments Ensure policies, practices and procedures are in place to promote prudent risk taking and that a framework is in place for monitoring and managing risk and ensuring good corporate governance. What We’re Looking For: Business degree, engineering degree and/or or equivalent Ability to develop strategy and convert it into an implementation plan Develop knowledge of practices, procedures and principles of a formal sourcing process, as well as the ability to apply them to various categories / circumstances. Working knowledge and ability to articulate and negotiate common contractual terms and conditions, with experience in drafting various contract schedules (e.g. Statements of Work, SLAs, etc.) Strong oral and written communication and influencing skills with appropriate business acumen. Strong self-planning skills sufficient to plan own assignments according to general work plans; ability to multi-task, plan and meet timelines Strong interactive skills to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Project management and stakeholder management skills. Flexible Working: We pride ourselves on our agility and diversity, and we welcome requests to work flexibly. For most roles, flexible hours and/or an element of remote working are usually possible. Please talk to us at interview about the type of arrangement that is best for you. We will always try to be adaptable wherever we can. Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $72,300 to $130,725. Final base salary for this role will be based on the individual’s geographical location as well as experience and qualifications for the role. In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit link https://spgbenefits.com/benefit-summaries/us About Company: S&P Global delivers essential intelligence that powers decision making. We provide the world’s leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you’ll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape. ----------------------------------------------------------- Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.  US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. ----------------------------------------------------------- FINANC202.2 - Middle Professional Tier II (EEO Job Group) Job ID: 279073 Posted On: 2022-12-12 Location: Princeton, New Jersey, United States