Sourcing and Vendor Management Analyst
Sourcing and Vendor Management Analyst
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$ 70000 - 90000
1 Vacancy
Job Description
The Sourcing and Vendor Management (SVM) Group is seeking a detailoriented and proactive Analyst to support critical procurement vendor management and contract administration functions. This role spans a wide range of procurement categories including Technology Market Data contractors/consultants software and hardware investment operations fund services subscriptions/publications and real estate services.
As an Analyst you will play a key role in managing daytoday activities within the SVM function ensuring operational efficiency cost optimization and compliance across sourcing processes. You will support sourcing management oversee contract renewals and administration assist in maintaining strong vendor relationships manage variable resources and contribute to ad hoc projects. This position provides a unique opportunity to work collaboratively with crossfunctional teams engage with external vendors and gain exposure to a diverse range of business needs.
Responsibilities:
Sourcing Management
Contract Renewals Assist in conducting due diligence for contract renewals including validating services validating users analyzing spend data and negotiating terms with vendors and obtaining necessary approvals.
New Contracts: Work with business stakeholders across various categories (Technology market data software hardware consultants etc. to gather and validate requirements engage with vendors to discuss & negotiate contract terms obtain necessary approvals from expense managers
Contract Management
Support the contract lifecycle including initiation compliance checks approvals and retention.
Work closely with Legal and internal teams such as Credit Risk Information Security and Business Continuity Planning to ensure vendor compliance and risk mitigation.
Facilitate contract by coordinating approvals budgets and accounts payable processes.
Assist stakeholders with entering Service Now requests update vendor/contract details followup with vendors/managers as needed answer queries run reports etc.
Vendor Relationship Management
Maintain effective communication with external vendors to ensure highquality service delivery and satisfaction.
Monitor vendor performance address issues and assist in thirdparty risk management by categorizing and assessing supplier risks.
Assist stakeholders and vendors with risk management resolution and mitigation
Operational Support & Reporting:
Generate reports on vendor performance spend and contract activity to support datadriven decisionmaking.
Handle administrative tasks such as updating vendor and contract details responding to stakeholder inquiries and coordinating approvals.
Ad Hoc Projects:
Contribute to special projects and initiatives that enhance procurement processes optimize operations and align with organizational goals.
Qualifications:
Bachelors degree or equivalent experience in business supply chain finance or related field
23 years of prior experience in procurement sourcing and /or vendor management
Broad knowledge across various procurement/sourcing categories
Proficiency in Microsoft Office software (e.g. Word Excel PowerPoint Visio and Outlook);
Excellent organizational and time management skills with the ability to prioritize and manage multiple tasks in a fastpaced environment.
Strong interpersonal and communication skills with the ability to collaborate across teams and build relationships with internal and external stakeholders.
Analytical mindset with attention to detail and the ability to identify and resolve problems proactively.
Teamoriented approach with the ability to work independently and with minimal supervision.
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Compensation Details
The salary range for this role is $70000$90000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employees pay position within the salary range will be based on several factors including but limited to relevant education qualifications certifications experience skills seniority geographic location business sector performance shift travel requirements sales or revenuebased metrics market benchmarking data any collective bargaining agreements and business or organizational needs. This job is also eligible for a discretionary bonus which along with base salary and retirement contributions is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance 401(k) life insurance and other benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission production or any other form of compensation that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race creed national origin religion age color sex marital status sexual orientation gender identity disability citizenship status or protected veteran status or any other characteristic protected by local state or federal laws rules or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact .
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Required Experience:
IC
Employment Type
Full-Time
