Job Description
FIRM OVERVIEW:
This firm is one of the world’s leading private multi-asset alternative investment firms with an impressive number of assets under management that creates lasting impact for their investors, teams, businesses, and the communities in which we live. Since founding, they’ve applied their insight and experience to organically expand into several asset classes including private equity, credit, public equity, real estate and venture capital. They leverage their shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, their global team aligns their interests with those of their investors for lasting impact.
DESCRIPTION:
This individual will have procurement responsibility for several categories of indirect spend (to be determined based on selected candidate’s experience and interests) and a number of special projects and center of excellence activities within the department, most notably the Supplier Diversity Program. Spend responsibility will be for internal firm spend with some support for portfolio company initiatives.
The role requires management of multiple contract negotiations and strategic sourcing initiatives (e.g. RFPs) at any given time. The selected candidate will partner with stakeholders globally at all levels, document results, manage escalations, and highlight concerns for various stakeholder parties including but not limited to Legal, Vendor Risk and Compliance. The position is critical for advancing their procurement organization, maximizing value of any of their supplier relationships and optimizing pricing and other terms.
They are a collaborative team and culture that values strong project management, attention to detail, and a good natured spirit. They have unlimited value creation opportunity and are very proud of the work they do and what they’re able to accomplish each year. The team motivates each other to keep learning and stretching and support each other through challenges. A truly unique and rewarding opportunity.
RESPONSIBILITIES:
Lead the contract review process for assigned categories; team with Legal counsel to develop contracts ensuring quality and adherence to Legal and firm standards
Identify, establish, and maintain relationships with key stakeholders
Execute sourcing initiatives and lead RFPs based on identified opportunities
Create innovative and stakeholder informed category strategies
Drive continuous improvement activities within assigned spend portfolio - optimize internal demand / specifications and optimize supplier services / products
Identify areas of opportunity that relate to assigned categories outside of today’s accountabilities; collaborate with appropriate stakeholders to yield value for the firm
Contribute to the development and improvement of the department’s strategic, operational, and tactical processes
Identify areas of rogue or maverick spend and seek to consolidate; globally as appropriate
Ensure data integrity in all procurement systems for designated areas of spend
Conduct diligence on new suppliers and project manage onboarding of them
Contribute to the documentation of initiatives and supplier records in Procurement’s systems
QUALIFICATIONS:
Degree qualified in relevant discipline or equivalent work experience
3+ years Procurement experience
Excellent written and verbal communication, leadership, project management, and organization skills required
Excellent negotiation skills with the ability to manage and develop supplier relationships
Strong skills in problem identification, analysis, and resolution
Must be comfortable creating presentations using Microsoft PowerPoint and presenting to stakeholders and senior leadership
Knowledge and experience in principles, practices and trends of indirect category environments and related procurement policies, applicable laws and competitive solicitation practices.
Comfortable with ambiguity and enjoys managing multiple projects and complex situations
Strong business acumen, demonstrated ability to work as part of a team, ability to strategically link long-range business goals to daily activities, demonstrated ability to work with others to develop talent for the organization, and desire to use organizational knowledge to assist and influence others to specific action