Sourcing Specialist
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The Sourcing Analyst (SA) is responsible for strategic sourcing and contracting for professional services (specifically focused on IT and BPO) including supplier contract and Statement of Work (SOW) drafting negotiations, rate negotiations and demand management. The SA will initially work under close supervision but will be expected to independently manage renewals and simple SOW's while developing the skills to take on more complex deals. The SA will be expected to communicate and ensure compliance to existing Sourcing Procurement procedures among his/her internal customer base while providing responsiveness and clear communication ensuring customer satisfaction.
- BA/BS degree required; CPSM or Paralegal certification a plus
- 3-5 years experience in a strategic sourcing / procurement / contract administration role, preferably within the financial services industry, ideally focused on negotiation of statements of work (SOWs) and/or professional services contracts
- Good contract drafting and negotiation skills
- Rigorous attention to detail, proofreading grammatical skills, and a basic understanding of legal language pertinent to contracts.
- Strong communication skills (both written and oral) and a commitment to (internal) customer service
- Preferred: Familiarity and experience working with IT professional services suppliers serving the financial services industry
- Demonstrated proficiency in personal computer applications including MS PowerPoint and MS Word
The Sourcing Procurement Department at Moody's partners with all divisions/functions to strategically source and proactively manage Moody's spend with a focus on added value and building a best-in-class procurement function for sustained savings and competitive advantage. This includes:
- Ensuring strategic cost excellence: providing optimal service and quality for the lowest cost and focusing on ongoing cost containment
- Acting as a change agent to improve processes, ensure compliance to Procurement Policies, and manage supplier performance, including encouraging innovation. *
- Building superior sourcing, category, suppier development, and risk management expertise in Moody's key spend areas
The Sourcing Analyst will report to the VP Sourcing, who is responsible for sourcing and contract negotiations of all Software and IT/BPO Professional Services, and who reports to SVP, Head of Procurement Sourcing. Within the context of the Sourcing Procurement team, the Sourcing Analyst will be expected to primarily focus on the execution of the team's stated goals and mandate, while secondarily supporting the team's continuous improvement efforts through constructive suggestions to the Sr. Sourcing Manager and VP Sourcing.
Moody's is an equal opportunity employer.
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