Sourcing Sr Analyst

 

About the Role:
Grade Level (for internal use): 11
Procurement Analyst

The Role: S&P Global is seeking a Procurement Analyst to join our dynamic team, reporting to the Director of IT Procurement and Contract Management. This role is pivotal in managing IT expenditures (hardware, software, and services) and suppliers, delivering value that drives organizational success.

What’s in it for you: The Procurement Analyst will spearhead sourcing initiatives, collaborating with internal stakeholders (Key Business Owners, Legal, Risk Management, and Procurement relationship managers) and external partners (regulatory agencies and suppliers). Key responsibilities include coordinating contract modifications, managing contract interpretations, and facilitating communication regarding agreements and provider relationships.

Key Accountabilities:
Analyze IT spend baselines and develop category profiles.

Lead complex sourcing initiatives, including RFPs, while ensuring risk mitigation and policy compliance.

Recommend enhancements to sourcing practices for improved procurement and supplier management.

Present sourcing strategies based on business needs and market analysis.

Innovatively address ambiguous business requests.

Align negotiation strategies and manage contract negotiations.

Engage with senior management on complex issues.

Collaborate with legal teams to develop agreement content.

Create spending analytics and presentations to support sourcing metrics.

Drive operational efficiency across procurement processes.

Adapt to competitive and technological changes, ensuring sound risk management and governance practices.

This role is essential for achieving procurement objectives and fostering strong supplier relationships.

Qualifications:
Business degree, engineering degree and/or or equivalent experience

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.

What’s In It For You?

Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:
We’re more than 35,000 strong worldwide—so we’re able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:
Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world’s leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.

Flexible Downtime: Generous time off helps keep you energized for your time on.

Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

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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: EEO.Compliance@spglobal.com 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. Pay Transparency Nondiscrimination Provision – https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

———————————————————– FINANC202.2 – Middle Professional Tier II (EEO Job Group)

Job ID: 309654
Posted On: 2024-11-22
Location: Mumbai, Maharashtra, India