Sr Contract Sourcing Specialist Sr Contract Sourcing Specialist …

Ameriprise Financial, Inc.
new

in Gurgaon, Haryana, India
Permanent, Full time
Last application, 20 Oct 21
Competitive
Ameriprise Financial, Inc.
new

in Gurgaon, Haryana, India
Permanent, Full time
Last application, 20 Oct 21
Competitive
Sr Contract Sourcing Specialist
Job Description

Develop & manage individual or multiple category sourcing plans for Finance and Insurance ("FIS") and IT domain. The individual should have good understanding of Mutual Funds, Shares, Bonds, Insurance, Market Data comprising of different indices, benchmarks, ratings and an understanding of Asset Management Business.

Responsibilities

Develop & manage individual or multiple category sourcing plans for Finance and Insurance ("FIS") and IT domain. The individual should have good understanding of Mutual Funds, Shares, Bonds, Insurance, Market Data comprising of different indices, benchmarks, ratings and an understanding of Asset Management Business.
Understanding of the commercial terms in an Agreement, develop and negotiate contracts with existing/new suppliers, including License Agreements, ASP Agreements, Services Agreements and Statements of Work. Manage win/win sourcing strategies with suppliers.
Gather Business requirements and influence requirement definition as appropriate.
Manage demand management data for various business units and project saves opportunities after analyzing spend data.
Develop supplier market intelligence; understand and interpret supplier market economics; develop pricing benchmarks.
Develop commodity specific analytics, including volume-based pricing structures, in support of the sourcing and negotiation strategies.
Work closely with internal SMEs in work-streams, such as, Legal, Compliance, Technology, Vendor Risk Security etc., during the contracting process.
Interact with VPs and Directors based in US and with global suppliers, in a remote operations environment.
Construct and manage end-to-end RFIs/ RFPs/RFQs; to drive supplier selection processes.
Manage multiple complex sourcing projects at the same time and close advanced projects on time with minimal supervision.
Apply influencing, persuasion and presentation skills, with multiple internal and external stakeholders. Manage conflict resolution.
As the commodity in focus is Finance and Insurance Services, sourcing experience with the said commodity along with experience in Software / IT sourcing will be an added advantage.

Required Qualifications

Strong analytical skills, to analyze data, trends, metrics etc.
The candidate must possess excellent communication skills (Spoken & written).
Anything between 3-6 years of relevant experience in procurement/ sourcing of FIS and Information Technology related commodities.
Demonstrated ability to manage multiple priorities while maintaining high quality of work.
Ability to work independently as well as collaborate with cross-functional teams in a remote operations environment
Proficiency in MS Excel. Proficiency in MS PowerPoint and Word is a plus.
Candidates with experience in Ariba Sourcing and Contract Management modules is a plus.

About Our Company

With the right company, life can be brilliant. Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm's focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step to create a brilliant career at Ameriprise India LLP.

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
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