Procurement Analyst

Principal Duties/Responsibilities
Key functions of the role are to:
 Manage contracts with-in Ariba contracts management
 Contract renewals (mainly IT but other spend as required)
 Experience in managing and negotiating mid-low value vendor contract renewals and commercial terms, Tech experience desired
 Good understanding of contract processes and renewals management as well as basic contract and legal terms
 Good communications and stakeholder management skills
 Previous experience of working on and maintaining a other contract management tools
 Create a positive team working stakeholder relationships and support the overall S&CM team and Procurement team strategy.
 To put the interests of WTW, clients and the integrity at the heart of the way you a WTW do business
 Support Category managers to plan and develop future savings opportunities

About the role
The Ariba Contracts Support analyst will have experience in working the Ariba and the Ariba contracts enablement modules coupled with a good general understanding contract renewal process. The role will also require them to support contract renewal managers with other general renewals. They must also to be able to manage their time / contract renewals in a well-disciplined way to structure their workloads. The successful candidate will also have a positive approach to problem solving and a strong collaborative approach with other team members and stakeholders. In addition to Ariba contracts, an experience in negotiating mid-low value IT, and non IT contracts and commercial terms is an advantage and a good understanding of contract renewals management. Demonstration of good communication skills and stakeholder management skills with an understanding of Procurement Category Management processes would also be an advantage. It would also be an advantage to demonstrate the ability to pro-actively identify consolidation opportunities outside of the immediate contracts renewals to see if there are opportunities to leverage existing agreement. The scope of the role will require partnership with UK and US Procurement Category Managers to support the creation and maintenance of up-to-date sourcing plans and provide key monthly and adhoc sourcing reporting on contract renewal metrics as required.

Competencies
 Action Oriented; 
 Comfort Around Higher Management;
 Timely Decision Making;
 Problem-solving approach
 Strategic decision making and intuitive.

Required Qualifications, Skills, Knowledge, Experience
Qualifications:
Degree level. It is possible likely that the job holder may also have a relevant professional qualification.
Skills:
 Team Management experience
 Good communication and stakeholder management
 Adherence to policies and processes
 Creative mindset to propose improvements to current processes
 Change management and self-awareness skills to adopt targeted approaches to stakeholders
 Good communication skills and strong listening skills
 Ability to articulate Procurement’s value, specifically as a Procurement business partner
 Good at negotiations and tactical analytical skills
 Industry Procurement knowledge (preferred)
Knowledge/Experience:
Prior experience within a customer service environment in the financial services sector, preferable
knowledge of the UK regulatory environment