AVP - Procurement Operations - Center Of Excellence - Bank

AVP - Procurement Operations Global Bank Center of Excellence

CTC range 30-33LPA

- Full time MBA is a Must.

- Ariba Knowledge is a Must

- Experience in Procurement of IT and Non-IT both is required.

Key Responsibilities :

- Facilitating and clarifying workflow between Sourcing Support, Line of Business, global Sourcing, and Vendor Manager Partners regarding business requirements, contract type, contract language, and Standard Operating Procedure (SOR) artifacts.

- Expediting requests for Sourcing Support designated work from stakeholders and providing assistance to Sourcing Support.

- Serving as the escalation single point of contact for all matters and questions with business requirements, contracts, and SOR requirements for Sourcing Support. These matters include red-lining contract documents and negotiations with Vendors.

- Acting as a control point and providing feedback on Quality Assurance (QA) review of contracts for Sourcing Support.

- Ensuring contracts are signed by an authorized signatory.

- Leading the Sourcing Support team through assessing contract value and reporting of savings for transactions not defined by a rate card in the Master Agreement.

- Responding to issues with Vendor Registration and Ariba enablement for e-invoicing.

Requirements :

Required Skills :

- 11+ years of Sourcing and Procurement experience working in a global environment across multiple time zones and communicating with various levels of diverse stakeholders.

- Experience with managing multi-million dollar Sourcing categories.

- Working knowledge of the Ariba system for contracts and Sourcing events.

- Keen understanding of contract types and contract terms and conditions.

- Capable of red-lining documents, creating agreements, and negotiating with Vendors.

- Problem solves issues to reach resolution.

- Analyze fee and price models to determine contract value.

- Decision making about contract negotiations and when to engage support partners (Finance, Audit, Tax, Insurance, Vendor Administration, and Legal) and to expedite risk issues.

- Contract drafting experience in Consumer, Technology, and Investment Banking