Senior Associate – Sourcing Support

February 8, 2024

Senior Associate – Sourcing Support

ReferenceFUN000793

  • Standard / Permanent
  • IN-MH-Mumbai
  • SECURITY OR FACILITIES MANAGEMENT
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About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

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 specialised 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, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection 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

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.

About Business line/Function :

Professional Services Procurement provides sourcing for contingent workers and Managed Services for ISPL. The unit has its operations in Mumbai and Chennai. It has other functions like Invoicing, Asset Procurement, Non-IT procurement.

Job Title:

Sourcing Specialist

Date:

Department:

Procurement

Location:

Mumbai

Business Line / Function:

Procurement

Reports to:

(Direct)

ISPL Team Lead Sourcing

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

This position is for a role of a 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 the area of 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 5 PM till 2 AM IST & North America (NAR) holiday’s will be applicable.

Responsibilities

·       Support Business in addressing their operational & capital requirements through sourcing projects.

·       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.

·       Utilize analytical expertise to perform spend & contract analysis to determine baseline numbers / benchmarks for vendor evaluations

·       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

·       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

·       Performance tracking of suppliers in order to ensure continual improvement in sourcing

·       Facilitate vendor review meetings to provide everyone involved in the forum to voice out their concerns.

·       Work on saving strategy based on spend analysis & RF(X) opportunities

Technical & Behavioral Competencies

Technical:

·       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

Behavioural:

•        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 (if required)

NA

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to deliver / Results driven

Attention to detail / rigor

Adaptability

Communication skills – oral & written

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to understand, explain and support change

Ability to manage a project

Ability to develop and adapt a process

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

NA

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