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Procurement Analyst

KeyBank
United Statesfull_timeVerifiedPosted 24 Jan 2025
💰 $70,000/yr($55,000/yr$70,000/yr)

About the role

Location:

4900 Tiedeman Road - Brooklyn, Ohio 44144-2302

ABOUT THE JOB (JOB BRIEF)

The Procurement Analyst is an individual contributor role reporting to a category or support function manager within Key’s Corporate Procurement group.  The Procurement Analyst is a shared resource typically supporting a manager and a small group of Strategists.  Under general supervision, responsibilities for a Procurement Analyst include: reviewing, analyzing and summarizing relevant data for assigned category or support team, supporting Procurement Management and Strategists in the execution of identified strategies and preparing and presenting information/findings in a concise and understandable format.  Success criteria include: basic analytical skills, timely and effective handling of daily requests through organization and prioritization, ability to work independently, collaboration with team members at multiple levels and ability to establish reputation as a knowledgeable and responsive team player.

ESSENTIAL JOB FUNCTIONS

Analyze, summarize and present relevant data for assigned category or support team

  • Conduct basic analysis on spend data, etc. to support strategy development and execution
  • Summarize and present findings in a concise and understandable format
  • Utilize solid written communication skills in the development of presentations, email communications, etc.
  • Utilize MicroSoft tools including; Excel, Powerpoint, Word as needed to deliver information
  • Proactively update and manage department tracking tools and data repository as needed
  • Strategic decisions are made based on accurate data and information
  • Information and findings are communicated in a thorough and concise manner
  • Important data and information are maintained and readily accessible

Support Category Managers and Strategists in the development and execution of identified category or LOB strategy

  • Provide day-to-day assistance to Category Managers and Strategists in assigned area in support of business objectives
  • Orchestrate, organize and prioritize assignments to support needs of the group and/or business
  • Ask insightful questions; demonstrate ability to surface and escalate basic issues/ problems that arise
  • Use judgement and escalate issues/ exceptions as needed
  • Support Strategists in monitoring vendor’s adherence to established performance metrics
  • Possess basic level of knowledge and familiarity with processes and subject matter for assigned category or support area
  • Demonstrate proficiency with bank and department-specific systems
  • Category Managers and Strategists are able to focus on strategic-level work and assignments
  • Workload is organized and prioritized based on needs of the business
  • Issues are identified and escalated; risk is mitigated
  • Level of support is elevated given the level of business knowledge

Develop effective and collaborative relationships

  • Develop and maintain strong collaborative relationships with Category Managers, Strategists and other Analysts within and outside assigned functional area
  • Demonstrate ability to partner with Procurement Support teams including: Legal, Solutions, Third-Party Risk Mgmt, etc.
  • Act as team player open to participating on project teams and supporting other areas of the business as needed
  • Category Managers, Strategists and peers rely on Analyst as approachable, knowledgeable and responsive resource
  • Analyst has collegial and professional relationship with, and is respected by, management, co-workers and partners

REQUIRED QUALIFICATIONS

  • Bachelor’s Degree
  • 1– 3 years minimum experience (could include internships, involvement in school programs, etc.)
  • Ability to analyze, summarize and present simple to moderately complex data in a concise and understandable format
  • Basic written and oral communication skills
  • Detail-oriented; ability to organize and prioritize workload
  • Possesses solid client focus; is efficient and delivers in a timely manner
  • Ability to work independently on routine matters with general supervision
  • Quickly grasps new ideas, techniques and insights
  • Comfort level working with diverse team at various levels within Procurement
  • Demonstrated ability to develop baseline level of functional/banking knowledge; understands client’s strategy
  • Adept with Microsoft Office products including: Excel, PowerPoint, Word

ESSENTIAL COMPETENCIES

  • Accountability:  Keeps promises and honors commitments; Accepts responsibility for mistakes and failures and learns from them; Honors commitments and demonstrates open, honest communication.
  • Effective

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Company

KeyBank

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