Procurement Strategist

Location:

Job Summary

The Procurement Strategist is an individual contributor role reporting the Technology & Business Operations Category Manager within Keys Corporate Procurement position acts as a strategic and collaborative partner to assigned lines of business (LOB) by developing and implementing procurement strategies that drive cost savings meet business needs and optimize Keys spend in that managed could include Software Services and include: defining and owning the procurement strategy for assigned area establishing and growing critical relationships with business partners both internal and external to Corporate Procurement and Key conducting vendor negotiations and ensuring proper administration and execution of contracts and mitigating risk through adherence to and monitoring of established performance metrics defined internal processes and management criteria include: proven track record of solid relationship-building and effective collaboration ability to analyze critical data business acumen ability to manage multiple projects in fast-paced environment and reputation as an accessible approachable and responsive team member.

Essential Job Functions

Develop implement and own procurement strategies for assigned areas that drive cost savings meet business needs and optimize Keys spend in that category

• Provide innovative and strategic sourcing strategies that support the needs of the business and contribute to Procurements overall savings target
• Know the business/area assigned; stay up to date on relevant changes trends etc.
• Recommend strategies that support achievement of Supplier Diversity spend
• Act as primary point of contact for Procurement with senior management of assigned LOB/assigned area; understand their spend identify solutions etc.
• Conduct and/or oversee business-as-usual (BAU) work related to assigned engagements
• Keep abreast of best-practices in the industry; makes recommendation for adoption by Key
• Identify opportunities for continuous improvement across procurement practices

Develop strategic and collaborative relationships

• Maintain and grow relationships with both internal and external business partners: LOB/assigned area Finance TPM vendors etc. with a keen focus on client satisfaction
• Develop and maintain strong collaborative relationships with Category Managers Strategists and Analysts within and outside assigned functional area
• Demonstrate strong ability to partner with Procurement Support teams including: Legal Solutions Third-Party Risk Mgmt etc.
• Maintain legal and regulatory compliance
• Act as team player open to participating on project teams and supporting other areas of the business as needed

Conduct vendor negotiationsand oversee administration of contracts with a focus on risk mitigation for Key

• Manage the contract execution process involving Legal Risk Procurement Operations and other partners as needed
• Monitor and manage contract renewals and expirations to ensure sufficient time for renegotiation termination etc.
• Adhere to internal policies and processes; identify and escalate material issues in a timely manner
• Conduct supplier performance/business reviews
• Resolve supplier issues
• Draft and analyze RFxs

Essential Competencies

• Accountability: Keeps promises and honors commitments; Accepts responsibility for mistakes and failures and learns from them; Honors commitments and demonstrates open honest communication.
• Effective Collaboration: Identifies and involves the right stakeholders to make decisions and maximize results; Readily shares information knowledge best practices and ideas with teammates; Leverages opportunities and capabilities across the team to accomplish goals; Attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he/she disagrees.
• Client Focus: Is dedicated to meeting the expectations and requirements of internal and external clients; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with and gains their trust and respect.
• Developing Self: Take ownership of your personal development plan and seek opportunities to further develop your professional effectiveness.
• Business Acumen: Knowledgeable about industry and current possibly future policies practices trends and information affecting her/his business and organization; possess institutional knowledge and technical savvy
• Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesnt stop at the first answers
• Drives for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; relentless focus on execution; steadfastly pushes self and others for results.
• Organizational Agility: Knowledgeable about how organizations work; knows how to get things done both through formal channels and the informal network; understands the origin and reasoning behind key policies practices and procedures; understands the cultures of organizations.
• Strategic Agility: Anticipates opportunities and challenges; seeks proactive strategic communications opportunities; creatively solves problems; creates competitive and breakthrough strategies and plans; anticipates future internal trends

Required Qualifications

• Bachelors Degree or equivalent experience
• 4 years minimum relevant professional experience
• Proven relationship-building skills working with mid to senior management and cross-functional teams
• Strong written and oral communication ability; demonstrated executive presentation skills
• Demonstrated organizational and project management skills
• Ability to handle multiple priorities to work independently and as part of a team
• Demonstrated strong client focus; is efficient and delivers in a timely manner
• Analytic skills and strong financial acumen; understands clients strategy and priorities
• Ability to draw insights from analysis and then set strategy based on insights
• Demonstrated ability to solve basic problems; escalates as necessary
• Proficient in Microsoft Office suite strong Excel and PowerPoint skills

This position is NOT eligible for employment visa sponsorship for non-U.S. citizens.

COMPENSATION AND BENEFITS

Please click here for a list of benefits for which this position is eligible.