Associate - NAR Transactional Sourcing (PSP, IT & Non IT)

Job Title: Sourcing Specialist

Department: Procurement & Performance - ISPL

About Business Line/Function

Procurement & Performance – ISPL NAR Transactional Sourcing team under the procurement CoE provides sourcing support to NAR Region. This team works very closely with the NAR Sourcing team daily to support NAR Business teams meeting their procurement needs.

Position Purpose

This position is for the role of Buyer (Sourcing Specialist) within Procurement department to support the onshore Sourcing manager in execution of their Sourcing initiatives.

The desired candidate must have 4 - 7 years of relevant experience in Sourcing & Procurement domain. Self-Motivated & Confident individual with a very high positive attitude offering a unique blend of expertise grounded in theory and practice like Procurement and Sourcing Analysis, Data Analytics & Procurement Operations. They will be supporting North America (NAR) Procurement team in their sourcing initiatives Activities ranging from release of RF(x) documents to consolidating responses, analysing responses to providing feedback on the exercise to facilitate decision-making by the Procurement team in choosing the appropriate vendor.

Shift time will be 6 PM till 3 AM IST & North America (NAR) holidays will be applicable.

Responsibilities

Direct Responsibilities

• Support Procurement team in medium to low complexity sourcing projects for NAR (US & Canada) region, with focus on IT, Professional Services and Corporate Services categories
• Develop and manage the execution of sourcing initiatives (across functions), including data gathering and analysis, Assist in supplier qualification, preparation of Requests for Information (RFIs), Requests for Proposal (RFPs), Request for Quotation (RFQs), Contract Management.
• Facilitate vendor selection through RF(x) processes; Consolidate vendor responses and provide preliminary analysis to the Procurement team
• Provide necessary insights on the RF(x) event & the outcome of the analysis to facilitate decision making on vendor selection
• Reporting & communication to internal stakeholders
• Work on saving strategy based on spend analysis & RF(X) opportunities
• Understanding of contracting.
  
  

Contributing Responsibilities

• Support Business in addressing their operational & capital requirements through sourcing projects.
• Engage broadly across lines of business to gather & consolidate requirements, which will assist procurement team to use consolidated volumes as a negotiation lever with vendors
• Perform market analysis - Support procurement projects with in-depth knowledge of their commodity industry. Research & provide all the information & data that will help procurement to understand the ins and outs of the commodity to know how to effectively source a product / service, knowledge of all key players and suppliers in the industry
• Performance tracking of suppliers to ensure continual improvement in sourcing
• Facilitate vendor review meetings to provide everyone involved in the forum to voice out their concerns.
• Utilize analytical expertise to perform spend & contract analysis to determine baseline numbers / benchmarks for vendor evaluations
  
  

Technical & Behavioral Competencies

• Proficiency in MS Excel & MS PowerPoint applications
• Strong knowledge of MS Office Products and SharePoint.
• Data Analysis and preparing management presentations and presenting to them
• Good Report creating skills
• Prior knowledge of P2P tools or ERP systems is a plus
• Effective verbal and written communication skills
• Self-starter & motivated
• Strong problem-solving and analytical skills
• Actively seeking to further knowledge through training and experience
• Experience working successfully in a multicultural and international environment
• Very strong work ethic and ability to deal with confidential information
• The ability to identify risks and develop appropriate responses
• Attention to detail, manage multiple undertakings at the same time and focus on priorities
• Ability to build and maintain relationships with different stakeholders, vendors & business
  
  

Specific Qualifications

Graduate.

Supply Chain Qualifications Will Be An Added Advantage

Skills Referential (Required knowledge, skills and abilities)

Technical Skills

• Ability to collaborate / Teamwork
• Attention to detail / rigor
• Communication skills - oral & written
• Ability to share / pass on knowledge
  

Behavioral Skills

• Ability to develop and adapt to a process
• Ability to manage a project
• Ability to understand, explain and support change
• Analytical Ability
• Ability to manage / facilitate a meeting, seminar, committee, training…
  

Education Level: Graduate

Location: Mumbai (Thane & Goregaon)

About BNP Paribas Group

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.