Procurement Contract Management, Associate
SMBC Group is a top-tier global financial group.
Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance.
The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries.
Sumitomo Mitsui Financial Group, Inc.
(SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan.
SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE:
SMFG) stock exchanges.
The anticipated salary range for this role is between $77,000.
00 and $115,000.
00.
The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire.
The role may also be eligible for an annual discretionary incentive award.
In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru.
Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients.
It connects a diverse client base to local markets and the organization's extensive global network.
The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp.
(SMBC), SMBC Nikko Securities America, Inc.
, SMBC Capital Markets, Inc.
, SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc.
, SMBC Leasing and Finance, Inc.
, Banco Sumitomo Mitsui Brasileiro S.
A.
, and Sumitomo Mitsui Finance and Leasing Co.
, Ltd.
Role Description Manage a variety of sourcing delivery areas including transactions, supplier relationships, business engagement and catalog management.
Work with internal stakeholders to define business requirements and drive optimal delivery of vendor services.
Oversee procurement processes for new engagements and vendor lifecycle requirements for existing suppliers.
Role Objectives:
Delivery Support a variety of sourcing delivery areas including transactions, supplier relationships, business engagement and catalog management.
Administer execution of business requirements to drive optimal delivery of vendor services.
Handle all procurement processes for new engagements and vendor lifecycle requirements for existing suppliers.
Prepare frequent, high quality summaries on vendor cost base and delivery against key performance indicators.
Draft management briefings to highlight opportunities for cost or service efficiencies.
Act as first line of defense for escalation of delivery issues and facilitate remediating actions where required.
Manage all logistical requirements of routine sourcing processes across vendor onboarding, accounts payable, risk assessment and off-boarding.
Role Objectives:
Interpersonal Maintain close relationships with key vendor contacts at covered suppliers to facilitate delivery against vendor lifecycle requirements.
Act as first line of defense for business stakeholders to assess and remediate workflow issues as they arise.
Seek out opportunities to gain exposure to the business line to foster trust and greater business understanding.
Identify and develop internal relationships with colleagues in key support functions including legal, HR and risk management to drive comprehensive support of vendor relationships.
Participate in industry roundtables and other forums to deepen relationships with vendors and stay current on latest developments in the sourcing space.
Partner with sourcing colleagues in adjacent business areas or in other regions to share best practices and collaborate on cross-divisional suppliers.
Role Objectives:
Expertise Demonstrate a deep understanding of business requirements in tracking and reporting vendor delivery against agreed key performance indicators.
Leverage awareness of internal teams and systems to support vendor lifecycle requirements.
Troubleshoot issues and work with specialist teams to resolve workflow disruptions where required.
Apply understanding of key vendor risks in screening for potential issues.
Incorporate input from business stakeholders and support functions into vendor scorecards to ensure comprehensive risk monitoring.
Stay current on supplier landscape and emerging industry trends which may impact covered vendors, including any opportunities, challenges or risks these may introduce.
Qualifications and Skills Recommended years of
Experience:
3 Additional Requirements SMBC's employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office.
SMBC requires that employees live within a reasonable commuting distance of their office location.
Prospective candidates will learn more about their specific hybrid work schedule during their interview process.
We are an equal employment opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law.
If you need a reasonable accommodation during the application process, please let us know at email protected .
Recommended Skills Accounts Payable Business Relationship Management Business Requirements Performance Indicator Problem Solving Procurement Management Estimated Salary: $20 to $28 per hour based on qualifications.
Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance.
The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries.
Sumitomo Mitsui Financial Group, Inc.
(SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan.
SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE:
SMFG) stock exchanges.
The anticipated salary range for this role is between $77,000.
00 and $115,000.
00.
The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire.
The role may also be eligible for an annual discretionary incentive award.
In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru.
Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients.
It connects a diverse client base to local markets and the organization's extensive global network.
The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp.
(SMBC), SMBC Nikko Securities America, Inc.
, SMBC Capital Markets, Inc.
, SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc.
, SMBC Leasing and Finance, Inc.
, Banco Sumitomo Mitsui Brasileiro S.
A.
, and Sumitomo Mitsui Finance and Leasing Co.
, Ltd.
Role Description Manage a variety of sourcing delivery areas including transactions, supplier relationships, business engagement and catalog management.
Work with internal stakeholders to define business requirements and drive optimal delivery of vendor services.
Oversee procurement processes for new engagements and vendor lifecycle requirements for existing suppliers.
Role Objectives:
Delivery Support a variety of sourcing delivery areas including transactions, supplier relationships, business engagement and catalog management.
Administer execution of business requirements to drive optimal delivery of vendor services.
Handle all procurement processes for new engagements and vendor lifecycle requirements for existing suppliers.
Prepare frequent, high quality summaries on vendor cost base and delivery against key performance indicators.
Draft management briefings to highlight opportunities for cost or service efficiencies.
Act as first line of defense for escalation of delivery issues and facilitate remediating actions where required.
Manage all logistical requirements of routine sourcing processes across vendor onboarding, accounts payable, risk assessment and off-boarding.
Role Objectives:
Interpersonal Maintain close relationships with key vendor contacts at covered suppliers to facilitate delivery against vendor lifecycle requirements.
Act as first line of defense for business stakeholders to assess and remediate workflow issues as they arise.
Seek out opportunities to gain exposure to the business line to foster trust and greater business understanding.
Identify and develop internal relationships with colleagues in key support functions including legal, HR and risk management to drive comprehensive support of vendor relationships.
Participate in industry roundtables and other forums to deepen relationships with vendors and stay current on latest developments in the sourcing space.
Partner with sourcing colleagues in adjacent business areas or in other regions to share best practices and collaborate on cross-divisional suppliers.
Role Objectives:
Expertise Demonstrate a deep understanding of business requirements in tracking and reporting vendor delivery against agreed key performance indicators.
Leverage awareness of internal teams and systems to support vendor lifecycle requirements.
Troubleshoot issues and work with specialist teams to resolve workflow disruptions where required.
Apply understanding of key vendor risks in screening for potential issues.
Incorporate input from business stakeholders and support functions into vendor scorecards to ensure comprehensive risk monitoring.
Stay current on supplier landscape and emerging industry trends which may impact covered vendors, including any opportunities, challenges or risks these may introduce.
Qualifications and Skills Recommended years of
Experience:
3 Additional Requirements SMBC's employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office.
SMBC requires that employees live within a reasonable commuting distance of their office location.
Prospective candidates will learn more about their specific hybrid work schedule during their interview process.
We are an equal employment opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law.
If you need a reasonable accommodation during the application process, please let us know at email protected .
Recommended Skills Accounts Payable Business Relationship Management Business Requirements Performance Indicator Problem Solving Procurement Management Estimated Salary: $20 to $28 per hour based on qualifications.
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