Northern Trust

Senior Consultant, Software Procurement

Location
Chicago, Illinois, United States
Salary
Unspecified
Posted
06 Jul 2021
Closes
06 Aug 2021
Ref
89117
Contract type
Permanent
Hours
Full time

Responsible for leading and managing critical global strategic sourcing and procurement projects within the Software spend category (>$300M annual spend).

  • Leads strategic sourcing events including collecting, analyzing, and presenting data and recommendations to various levels of management across the organization on opportunities, risks, and where to prioritize software investments.
  • Responsible for contract & price negotiations across Software as a Service, Subscription and On-Premise Software.
  • Thought leader with experience or interest leading other IT Procurement staff in various regions of the globe.
  • Responsible for Category Management including but not limited to category spend analytics, multi-year strategic sourcing roadmaps, acquiring and educating the enterprise on markets, suppliers, and trends.
  • Working collaboratively with suppliers to enhance value and innovation.
  • Influences and drives improvements of global policies, programs and processes.
  • Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
  • Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements (SaaS, Software License Agreements, etc.), Service Level Agreements, Statements of Work, etc. leading and facilitating all aspects of contract negotiations across multiple Risk Control Functions (e.g. Legal, Privacy, Risk) and ongoing contract administration.
  • Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities.
  • Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships).
  • Supports and helps present Procurement performance metrics and projects to senior management.
  • Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers.
  • Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues. 

Qualifications

  • Bachelors Degree in Business, Supply Chain Management or Finance and 7 or more years experience in Sourcing or Procurement related field focused on indirect Technology or an equivalent combination of education and work experience
  • MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus. In depth knowledge of supply chain management and procurement 
  • Strong analytical, sourcing, negotiation and communication skills. Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills
  • Experience with ERP system/ Peoplesoft, and Source to Pay (Coupa)
  • Demonstrated success in time management; superior project management skills, attention to detail, thorough and organized

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021: 

  • Gender Equality Index Member, Bloomberg
  • Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

For further information, and to apply, please visit our website via the “Apply” button below.

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