Procurement Analyst
Job Description & How to Apply Below
* Engage end client stakeholders to understand key priorities and provide feedback to Category management
* Communicate and report to functional leadership and end client stakeholders the status of any critical external relationships that could otherwise impact planning and decision making
* Proactively monitor and analyze performance and trends within categories to identify, highlight issues and opportunities that support the business.
* Contribute to the development of improved strategic sourcing strategies
* Evaluate risk, assess, and prepare forecasts, scenarios and other factors concerning the supply market, write reports and recommendations.
* Lead cross functional assigned sourcing files/initiatives to include; development of sourcing approach, evaluation of suppliers, analysis of bids/proposals, and preparation/execution of contracts
* Participate in professional development activities to keep abreast of current industry best practices
* Ensure compliance with all TMX Corporate Policies
* Identify and provide input into vendor scorecard elements based on contractual requirements and KPIs
* Identify high impact cost reduction opportunities.
* Resolve sophisticated contract related issues with vendors as needed
* Participate in the evaluation of formulation of procurement policies and procedures
* Presents and explains sourcing decisions and pricing to internal clients, function leadership, senior management
* Takes an account management approach to managing multiple simultaneous complex sourcing files, performing check-ins, follow up with clients and leading quarterly vendor performance reviews
* Leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead times, and guarantee supply.
* Supervises transactions/deliverables to ensure that they are in accordance with the Contract, SoW or Purchase order and ensures that non-performance is addressed immediately and issues resolution is managed in a structured way.
* Actively manages vendor relationships, risk mitigation (financial, business continuity, reputational, contractual, commercial) and continuous improvement to optimize value and deliver mutual benefits over the life of the relationship.
* Develop and maintain constructive and cooperative working relationships with colleagues and management.
* Minimum 5 years previous experience managing activities across the end-to-end IT procurement lifecycle
* Experience demonstrating internal and external partnerships to drive enhanced value for the business
* Demonstrated experience negotiating contracts
* Outstanding relationship building, client centricity, and influential skills
* Track record of delivering commitments
* Promptly being available in responding to clients inquiries with a sense of urgency and putting clients first
* Strong verbal, written, and presentation skills
* Builds relationships with internal and external partners to drive engagement and ensure their input and support using problem-solving, persuasion, and proactive communication skills
* Strong negotiating, persuading, and influencing skills
* Is a change agent, embraces new ways of working, tools, and technologies.
* Keeps up to date on new industry trends and best practices
* Delivering results and meeting customer expectations
* Following Instructions and Procedures
* Adapting and responding to change
* Coping with Pressures and setbacks
* Achieving personal work goals and objectives
** Excitement** - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.#
** Notre culture:
** Les sociétés membres du Groupe TMX comprennent de grandes bourses mondiales comme la Bourse de Toronto et la Bourse de Montréal, ainsi qu’un bon nombre d’organisations innovantes qui améliorent les marchés financiers. Regroupés au sein d’une même équipe, nous nouons des liens interfonctionnels et enjambons les barrières sectorielles et géographiques, désireux de concrétiser des occasions, de contribuer au progrès et de participer à la croissance économique mondiale.
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