Wealth Enhancement Group

Procurement Associate

Wealth Enhancement Group

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $55,000 - $75,000 per year

About the role

  • Interacts routinely with internal business stakeholders and external vendor partners to understand strategic objectives and near/long term plans
  • Supports execution of planned project initiatives and contract actions
  • Collaborates with business units to incorporate procurement initiatives into financial and operational plans
  • Ensures ongoing review and optimization of Category Strategies as a key enabler to business success
  • Supports and contributes to the Category Strategy, including supplier portfolio, capabilities, risk profiles, market trends, and areas of opportunity
  • Applies a strategic mindset to execute on savings/efficiency opportunities
  • Engages in data analysis to quantify spend forecasts and realized savings
  • Interacts with vendors – including negotiations, RFx events, and supplier reviews
  • Supports strategic recommendations on market opportunities, negotiation tactics, and points of leverage in order to deliver results
  • Executes tasks, creates deliverables, and applies administrative support in Jira Projects and Ironclad Contracts platforms to ensure initiatives are delivered timely, completely, and in alignment with WE processes
  • Reviews proposed terms and conditions pursuant to vendor engagements
  • Recommends contract language improvements to both business and legal terms in alignment with desired positions and outcomes
  • Leverages Ironclad Contract system for contract review, revisions and storage
  • Contributes to and is accountable for execution of project initiatives
  • Facilitates interaction with other internal/external stakeholders in support of desired business outcomes
  • Collaborates with Legal, IT-Security, Compliance, and other control groups to mitigate risk, support diligence reviews in vendor engagements

Requirements

  • Bachelor's Degree in business or related field required
  • 1-3 years experience in purchasing and/or supporting sourcing projects
  • Previous exposure to multiple services and/or technology categories
  • Capable of interfacing with business stakeholders, both internally and externally
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Proficient with Microsoft Office Suite or related software
  • Experience with contract lifecycle management and sourcing projects workflow
Benefits
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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
data analysiscontract lifecycle managementsourcing projectsnegotiation tacticsspend forecastssavings opportunitiescategory strategiesvendor engagementrisk profilesmarket trends
Soft Skills
communication skillsanalytical skillsstrategic mindsetcollaborationinterpersonal skillsadministrative supportfacilitationstakeholder engagementproblem-solvingnegotiation