Analyst - Sourcing & Procurement Analyst
Apply NowCompany: Crédit Agricole CIB
Location: New York, NY 10025
Description:
Vacancy details
General information
Entity
About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2025-95564
Update date
13/01/2025
Job description
Business type
Types of Jobs - Finance / Accounting
Job title
Analyst - Sourcing & Procurement Analyst
Contract type
Permanent Contract
Job summary
Summary
The Sourcing & Procurement Analyst provides sourcing and procurement support; performs cost and financial analysis; liaises with internal business units and external vendors; produces spend reporting; and supports invoice and contract management.
Main Responsibilities & Duties
Reporting / Data Analytics / Process Improvement
Run existing reports and participate in reporting enhancements and financial analysis
Prepare spend reporting for all departments
Prepare monthly, quarterly and ad-hoc KPI & KRI reporting.
Identify areas of improvement and work with respective stakeholders on implementing new solutions.
Help establishing preferred suppliers program and catalogs.
Assist in the continuous improvement of Sourcing and Procurement processes
Procurement
Review and validate Purchase Orders per Credit Agricole policies and procedures
Challenge business requirements
Negotiating with vendors for cost and spend optimization
Ensure adherence to Credit Agricole global contracts
Process accounting entries related to IT purchases
Manage the renewal of IT maintenance contracts
Assist with vendor on-boarding, including third party risk management
Strategic Sourcing
Work closely with the businesses and assist the GSP team to develop a comprehensive strategic sourcing plan for various procurement categories. This includes in depth review of business requirements to identify and recommend optimal procurement strategies through analysis of current spend, contracts and supply base, analysis of supply markets and market trends and identification and understanding of key cost drivers.
Analyze spend data, internal requirements, and external supply market to help develop strategic sourcing strategies and plans aligned with the business goals.
Manage and coordinate sourcing projects through the RFP (Request for Proposals) process.
Develop and manage supplier relationships along with negotiating contractual agreements.
Supplementary Information
Salary Range: $80k-$85k
#LI-DNI
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Level of minimal experience
0-2 years
Experience
Desired Skills
Technical Skills
Non-Technical Skills
General information
Entity
About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2025-95564
Update date
13/01/2025
Job description
Business type
Types of Jobs - Finance / Accounting
Job title
Analyst - Sourcing & Procurement Analyst
Contract type
Permanent Contract
Job summary
Summary
The Sourcing & Procurement Analyst provides sourcing and procurement support; performs cost and financial analysis; liaises with internal business units and external vendors; produces spend reporting; and supports invoice and contract management.
Main Responsibilities & Duties
Reporting / Data Analytics / Process Improvement
Run existing reports and participate in reporting enhancements and financial analysis
Prepare spend reporting for all departments
Prepare monthly, quarterly and ad-hoc KPI & KRI reporting.
Identify areas of improvement and work with respective stakeholders on implementing new solutions.
Help establishing preferred suppliers program and catalogs.
Assist in the continuous improvement of Sourcing and Procurement processes
Procurement
Review and validate Purchase Orders per Credit Agricole policies and procedures
Challenge business requirements
Negotiating with vendors for cost and spend optimization
Ensure adherence to Credit Agricole global contracts
Process accounting entries related to IT purchases
Manage the renewal of IT maintenance contracts
Assist with vendor on-boarding, including third party risk management
Strategic Sourcing
Work closely with the businesses and assist the GSP team to develop a comprehensive strategic sourcing plan for various procurement categories. This includes in depth review of business requirements to identify and recommend optimal procurement strategies through analysis of current spend, contracts and supply base, analysis of supply markets and market trends and identification and understanding of key cost drivers.
Analyze spend data, internal requirements, and external supply market to help develop strategic sourcing strategies and plans aligned with the business goals.
Manage and coordinate sourcing projects through the RFP (Request for Proposals) process.
Develop and manage supplier relationships along with negotiating contractual agreements.
Supplementary Information
Salary Range: $80k-$85k
#LI-DNI
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Level of minimal experience
0-2 years
Experience
Desired Skills
Technical Skills
- Strong understanding of Microsoft Excel (with VBA) and Microsoft Access for development and enhancement of reporting tools
- Working knowledge of procurement or source-to-pay processes
- Familiarity with the sourcing and supply chain concepts.
- Sourcing & Procurement knowledge / experience.
- Experience with Oracle Purchase Orders module
Non-Technical Skills
- Bachelor Degree
- Self-motivated
- Customer-service oriented and quick responsiveness
- Ability to multi-task and work independently while under pressure.
- Strong organizational skills
- Cross functional team player engaging relevant stakeholders
- Strong written and verbal communication skills.
- Negotiation skills a plus