Procurement Analyst
Millennium Management is a global hedge fund with more than 5,000 employees spread across offices in the United States, Europe, and Asia. Founded in 1989, we employ a global multi-strategy investment approach, opportunistically engaging in a broad array of trading and investing strategies. Over the last 35 years, Millennium has distinguished itself from other investment management firms through our consistent ability to generate returns that have not been correlated to the general market. The talent and dedication of our people are critical to our success. We offer an opportunity for developing one's professional career while working with individuals trained in a variety of disciplines in a collegial and dynamic environment. We also offer a broad range of competitive benefits on a global basis.
Job Description
The firm is looking for a high-energy, results oriented Procurement Analyst. The Analyst will be responsible for providing requisitioning, negotiating and order placement services. Responsibilities include analyzing user requests, soliciting vendor proposals, negotiating pricing, reviewing agreement terms and preparing competitive events / RFPs as needed. In addition, the Analyst will work with internal stakeholders and vendors to drive continuous cost and process improvements. The role requires a detail-oriented, creative individual, who is comfortable working in a highly collaborative and entrepreneurial environment.
Principal Responsibilities
Bid and negotiate purchases for a variety of goods and services across multiple categories of spend including software, technology equipment, facility management/real estate related services, HR services, subscriptions and general supplies.
Coordinate with internal stakeholders and vendors, providing solutions, support and superior customer service
Manage a global pipeline from start to finish, consulting with requesting department and firm management as necessary
Identify potential suppliers and enhance relationships with existing suppliers
Assist with the sourcing and onboarding of new vendors, ensuring adherence of all policies and procedures
Extract and analyze data to support the identification of cost savings, process efficiency and risk mitigation opportunities.
In coordination with Sourcing, support RFP preparation, analysis and contract
Qualifications/Skills Required
Bachelor's Degree (business related) and 3+ years of relevant experience
Sourcing and procurement experience in both technology and non-technology categories of spend
Driven, innovative, results-oriented and persistent with a positive attitude and high interest in problem solving.
Experience with Oracle or Procure-to-Pay systems
Excellent communication skills, both oral and written
Ability to actively listen and engage in conversation to uncover relevant information and identify solutions.
Quick learner, detail oriented and strong ownership of work. Ability to establish working relationships with all levels of staff, management and vendors.
Strong problem solving skills and ability to work in a structured manner
Able to prioritize in a fast moving, constantly changing environment; high sense of urgency
Team player with a strong willingness to participate and help other