Analyst, Sourcing and Procurement

Business Unit:

Global Sourcing & Corporate Services

Reporting To:

Managing Director, Head of Corporate Services

Shift:

EMEA/UK (Mar-Nov 1:30 pm – 10:30 pm IST / Nov-Mar 2:30 pm – 11:30 pm IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

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Job Description:

We are seeking an experienced Procurement Analyst to join our expanding Global Sourcing and Procurement (GSP) team. Do you excel in leading strategic sourcing projects, performing data analysis, supporting negotiations of Procurement Managers and negotiations of agreements across multiple spend categories? Are you looking for a great opportunity to raise the bar and expand your individual skill set in different Sourcing and Procurement areas? Are you passionate about developing, driving and executing strategic sourcing strategies? If so, come join our GSP team at Russell Investments where we make possible possible.

Years of Experience

3-5 years of experience in Technology Procurement or a similar analytical role

Qualifications

Bachelor’s degree preferred in Business, Information Systems (or MIS), Economics, Finance, Legal, Supply Chain Management. Four additional years of relevant experience may be considered in lieu of a degree.

Certified Professional in Supply Management (CPSM), Certified Purchase Manager (C.P.M.) or equivalent certification (preferred)

Responsibilities

Develop and maintain reports and dashboards using Power BI, RFP 360, Excel, and other relevant tools.

Collaborate with the Sourcing & Procurement team and internal stakeholders to gather and analyze requirements for reporting and analytics solutions.

Support the creation and evaluation of RFPs.

Support the negotiations and execution of contracts.

Managing the storage of all internal contractual documentation, ensuring information is accurate and well-maintained for easy reporting.

Tracking and reporting on contractual commitments for our major vendors

Managing procurement tools such as spending and RFP tools.

Creating and tracking orders and related to them data such as expiration and commitment.

Candidate Requirements

Excellent analytical, presentation, communication, interpersonal and influencing skills.

Action-oriented and solution-minded team player with a high degree of self-management.

Focus on process-orientation and have excellent attention to detail.

Experience with support applications like Contract Lifecycle Management (CLM), Spend Analytics and Procure-to-Pay (P2P) and Source-to-Pay (S2P)

Logical reasoning, analytical and problem-solving skills/methodology

Able to work independently and as a member of a team.

Able to balance and prioritize multiple high-priority projects.

Proficiency with Microsoft applications: Word, Excel, and PowerPoint required.

Core Values

Strong interpersonal, oral, and written communication and collaboration skills with all levels of management

Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,

Demonstrated a proactive approach to problem-solving with strong judgment and decision-making capability.

Highly resourceful and collaborative team player, with the ability to also be independently effective and exude initiative and a sense of urgency.

Exemplifies our customer-focused, action-oriented, results-driven culture.

Forward-looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.

Ability to act with discretion and maintain complete confidentiality.

Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigour.

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