Bank Name : Bank of America
Job Title : Team Leader
Location : Gurugram, , India
Education : Graduate or Post Graduate
Certifications If Any : Not mandatory
Experience Range : 5 - 9 years of Sourcing, Procurement and Contract Management experience working in a global environment across multiple time zones and communicating with senior/middle management levels of diverse stakeholders
Job Description :
This role is of an Individual Contributor. Individual would require to be a highly motivated procurement professional who will be responsible for executing/processing Master Agreements, complex sub-agreements such as Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Non-Disclosure Agreements, Change Orders etc. end to end for respective Sourcing categories. Individual will perform as a contributing member in the Sourcing COE team in any of the sub groups and drive compliance to Procurement standards and goals, reduce complexities, maintain quality standards and realize/highlight opportunities to negotiate on contractual and commercial terms with incumbent and or new vendors
Responsibilities :
• Procurement professional with deep subject matter expertise and work exposure in Global environment
• Expected to collaborate with requester on the requirement and facilitate vendor selection through RFx process as per third party program management standard
• Expected to draft and review highly complex Master Agreements, sub-agreements such as Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Change Orders etc.
• Negotiate contractual and commercial terms with vendors/suppliers to meet business requirements by keeping strong focus on risk, cost, timeline, compliance & governance
• Take ownership of work/task in hand and drive completion as per defined policy, standards and procedures
• Identify and realize saving opportunities wherever possible
• Manages workflow for self and is responsible for the timely delivery of all tasks assigned
• Adds value to the transactions assigned to the team when necessary
• Resolves or escalates issues to appropriate stakeholders
• Interact with Line of Business, onshore sourcing counterparts vendors/suppliers and other stakeholders, support partners
Foundational Skills :
• Hand on experience and working knowledge with documents such as: Master Agreements, Statement of Work, Addendum, Amendments, Schedule, Evaluation Agreements, Change Orders, Non-disclosure Agreements and other legal instruments
• Knowledge of SharePoint, MS Office, GEP, Ariba or other applications supporting Procurement Operations
• Strong verbal and written communication skills
• Strong analytical and interpersonal skills
• Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize
About Us :
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.