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Financial Services Procurement, Officer

Posted on Mar 15, 2019 by State Street UK

Kraków, Kraków Poland
13 Mar 2019
Annual Salary
  • Support the business through the complete procurement process and help drive the Financial Services strategy and contract negotiation process across the enterprise.
  • Lead negotiations in complex, high impact situations involving business risk, and achieve optimal price/performance and price/quality ratio to realize structural savings.
  • Develop and implement an effective, creative and functional Financial / Transactional Services category strategy in line with corporate and department goals.
  • Ensure that appropriate policies and procedures are followed and used consistently throughout the acquisition process to identify and mitigate 3rd party risk.
  • Engage and work closely with business partners and senior management on sourcing opportunities, functionality requirements, projects, priorities, and timelines as well as the commercial obligations of their vendor agreements.
  • Collaborate with Business and Legal to obtain beneficial commercial and legal terms, mitigate business risk and set priorities for contract execution.
  • Proactively manage vendors through the contract lifecycle by monitoring their fulfillment of obligations and services and by performing benchmarking through scorecards, performance metrics and other means.
  • Communicate, incorporate and execute senior management and department level vision, strategy, and business objectives.
  • Maintain contracts and contract data in globally centralized contract management and expense databases, and ensure colleagues and business partners are trained appropriately on sourcing tools and the contract workflow.
  • Track and communicate industry trends and market intelligence
  • Minimum of 5+ years' Procurement experience preferably within a Financial Services organisation.
  • Category knowledge of Financial Services, Market Data, Sales & Trading or Outsourcing would be advantageous
  • Experience with or from Financial / Transactional vendor is highly desired.
  • Strong communication and interpersonal skills, and proven ability to work independently and within a team.
  • Demonstrated ability to build and develop highly functioning business relationships at senior levels both within and outside the organization.
  • Proven project management skills including the ability to drive projects to completion.
  • Ability to work well under tight deadlines in a fast-paced, team-oriented environment.
  • Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment.

Reference: 671251821