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Sr. Procurement Analyst

Job Category: Investment Management
Job Location:Hyderabad , India

Analyst, Procurement

About Our Firm:

Granite Solutions Groupe provides financial services decision makers with people and solutions that deliver. Our clients count on us to deliver the right talent at the right time to achieve critical business results. We leverage our industry knowledge and passion for client priorities to deliver human capital solutions.
GSG was founded in 1998 as a consulting firm delivering project management and technology solutions for the financial services industry. GSG now has a global presence, with team members deployed across the U.S. at Fortune 1000 companies and high-performing Fintech firms.

High-caliber consultants are the face of GSG at our client organizations and offices. We value the deep relationships we have with our consultants that enable us to place them in roles where their skills will have an immediate impact. The GSG consulting team is comprised of diverse, experienced, driven, and dynamic contributors who excel at getting things done.
About the Opportunity:

GSG is seeking a Sr.Procurement Analyst to join our dynamic team. The Enterprise Vendor Management team supports strategic initiatives and firm-wide objectives through the global management of labor and non-labor vendors for the purpose of delivering high quality vendor products and services to grow our investment management business, while optimizing the total cost of ownership.
Responsibilities:

  • Be a trusted partner for business units to advise on strategy, planning, and rationalization. EVM (Enterprise vendor master team) will own issue escalation, contracts management, Sourcing and negotiations.
  • Establish strong relationships with vendors to understand their offerings, strengths, and weaknesses to maximize value to business.
  • Maintain knowledge of new and existing vendor products, emerging trends, and an understanding of how vendor’s products are used across the firm.
  • Lead vendor sourcing events (RFX Process – Request For Information (RFI) , Request For Proposal (RFP) & Request For Quotation (RFQ), selection of vendor, negotiation process, P2P process and the ongoing management of vendor partnerships.
  • Research and establish contract negotiation strategies with business partners to achieve highest value.  
  • Manage vendor strategy meetings and effectively communicate vendor updates to senior leadership.
  • Manage upcoming renewals for assigned list of vendors
  • Develop contracts based on current and anticipated needs
  • Reviews and redlines contract commercial terms
  • Partners closely with Legal and other Subject Matter Experts to mitigate risk and vet supplier qualifications (infosec, financial, etc…)
  • Analyze spend category and work closely with business to perform vendor rationalization and cost savings analysis on a regular basis.
  • Assist with projects related to your spending categories or assigned vendors.

Requirements:

  • Bachelor’s degree required.
  • 5-10 years of experience related to technology and/ financial application vendors within financial services industry.
  • Excellent contract management and negotiation skills.
  • Creative problem solver, Analytical skills
  • Broad knowledge of technology software, hardware, infrastructure, financial business applications, telecommunications, Facilities and IT Services vendor categories.
  • Ability to build strong relationships with internal and external partners.
  • Lean and contribute to a dynamic and changing work environment.
  • Organized and results oriented with a sense of urgency.
  • Strong communication skills (verbal and written) and good team player

Employee Benefits:

GSG is excited to offer its consultants excellent compensation and a robust option of benefits which include comprehensive medical, dental, vision and prescription coverage. You will receive company-paid life insurance. In addition, we hope you will take advantage of eligible commuter benefits-like paying for work-related public transit and parking with pre-tax dollars. Save for your retirement with pre-tax contributions that go directly into your 401K. We also care about your pets with several options for pet insurance, discount card and prescriptions.

GSG’s Commitment to Diversity:

As a diverse-owned business, GSG is committed to creating a diverse workforce, and we are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.