Associate Consultant Procurement Engagement
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Job Summary
About Northern Trust
As a global leader in innovative wealth management asset servicing asset management and banking services Northern Trust (Nasdaq: NTRS) is proud to guide the worlds most successful individuals families corporations and institutions.
Since 1889 we have aligned our efforts with our three guiding Principles That Endure: Service Expertise and Integrity. Together they reflect the three cornerstones of business conduct which we strive to instill in our employees whom we call partners and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Job Description for Associate Consultant Procurement Engagement Procurement Operations
Job Description
TheAssociate Consultant Procurement Engagementroleis responsible forsupporting theinitialstage of procurement engagement by reviewing processing and routing procurement requests. This includes assisting with request intakevalidatingcompleteness supporting compliant processing and helping improveenduser engagement and experience.
Receiving and Reviewing Business Requests:Receive procurement requests from internal stakeholders and review for completeness accuracy required documentation budget information and alignment with company policies.
Routing and Prioritization:Route requests to the appropriate sourcing procurement risk legal or business stakeholders based on request type urgency and established procedures. Escalate exceptions to senior team members when needed.
Working with End Users:Collaborate with Sourcing Category Management Third Party Risk Procurement Operations and Business Unit stakeholders to support a smooth and efficient intake process.
Monitoring Compliance and Accuracy:Verify that requests follow Northern Trust procurement policies guidelines intake requirements and relevantThird-PartyRisk standards.Identifypotential issues and escalate for review.
Process Support:Support process improvement and standardization by documenting common issues sharing observations and helping improve buying channel alignment and request routing.
Data and Request Tracking and Reporting:Maintain request data and support reporting on key metrics such as request volume compliance rates response times SLA performance and processing cycle times.
Other duties may include Stay updated on procurement processes systems and vendor risk management practices.Provide basic training and support to internal stakeholders onprocurement ofintake processes and tools.
Knowledge:
Foundational knowledge of procurement processes buying/payment channels vendor risk management standards and Source to Pay (S2P) systems.
Strong organizational analytical and communication skills; technically adept with basic application software and Microsoft Office including Excel.
Demonstrated attention to detail time management follow-through and ability to manage multiple priorities in a fast-paced environment.
Ability to explain routine procurement information and process requirements to others in straightforward situations.
Experience with ERP systems procurement intake tools or PeopleSoft is a plus.
Experience:
Bachelors degree in business Supply Chain Management Finance Operations or a related field or an equivalent combination of education and work experience.
2 years of experience in procurement sourcing supply chain finance operations vendor management orrelatedbusinessfunctions.
Professional Procurement/Supply Chain Management designation or related coursework is preferred but not required.
Salary Range:
$58425 - 93385 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B L-1 TN O-1 E-3 H-1B1 F-1 J-1 OPT CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner you will be part of a flexible and collaborative work culture which has a strong history of financial strength and stability. Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trusts history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at or alternatively you can discuss your individual requirements with the recruiter you are working with.
Required Experience:
IC
About Company
Guided by founding principles of service, expertise and integrity, our experts help the world’s most successful individuals, families and institutions achieve their goals.
