Job Description

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Major Duties :Responsible for development of sourcing strategy and performing category and manages RFx (e.g. Request for Proposal Request for Information Request for Quote) process including project management development of RFx negotiations and award for contract review drafting and creation of various agreements including NDAs Master Agreements Statements of Work etc. and leading all aspects of contract & price negotiations and ongoing contract administration. Responsible for maintenance of procurement processes and and monitors supplier adherence to contracts manage suppliers via supplier activity reporting and business/performance reviews support and conduct supplier scorecards supplier rationalization and demand management and supports regulatory and compliance requirements (e.g. OFAC FCPA Spend Analysis Client Relationships).Manages reporting of Procurement performance of supplier fitness including analyzing overall business and financial performance of potential and existing and maintain relationship with key partners education on policy/guidelines and resolving related purchasing issues. Utilize and maintain ERP and Contract Management System (ECM) including loading of final agreements. Interacts with business and Partners to formulate and implement strategy and solutions to enhance existing services create new services or improve processes. Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the as technical expert with in-depth knowledge in area of procurement and supply chain management with strong knowledge of other areasAnalyzes possible solutions using technical experience and judgment and precedentsImpacts quality of own work and the work of others on the teamWorks within guidelines and policiesKnowledge :In depth knowledge of supply chain management and procurement. Demonstrated experience in sourcing for indirect categories (e.g. IT). Strong analytical sourcing negotiation and communication skills. Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills. Experience with ERP system/ Peoplesoft. Demonstrated success in time management; superior project management skills attention to detail; thorough and expanded conceptual knowledge in own job disciplineExplains complex information to others in straightforward situationsExperience :Bachelor Degree in Business Supply Chain Management or Finance and six or more years experience in Sourcing or Procurement related field or an equivalent combination of education and work experience. MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP CPM) are a strong informal guidance to new team members

Salary Range:

$70490 - 119890 USD

Salary 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.

Working with Us:

As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .

We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Required Experience:

Contract

Job Tags

Ongoing contract, Full time, Contract work, Work experience placement, Flexible hours

Similar Jobs