Associate, Source To Pay Representative I

Year    Chennai, Tamil Nadu, India

Job Description


Overview
Manages and maintains a large quantity of contracts for the company following the completion of the procurement process. Responsible for efforts to ensure that moderately complex processes related to effective contract management are defined, implemented and tracked throughout the contract lifecycle. Provides assistance to more junior support staff, as needed. Independently and accurately administers contracts. Accurately inputs and maintains contracts in the contract database. Advises more junior support staff on appropriate database maintenance. As required, documents, reports and ensures the availability of contract key terms. Issues contract renewal notifications to contract owners in a timely manner. Contributes to the development of the contract framework by maintaining a large quantity of contract precedent templates in the appropriate intranet site so that the are available to sourcing managers for use in vendor negotiations. Ensures sourcing managers are aware of their availability through effective communication. Ensures contract templates anticipate all major areas of spend and have provisions for global agreements, policy summaries and/or regional schedules, as needed. Ensures the appropriate versions of key organizational policies are maintained within contract templates as stipulated by Legal and Risk. Conducts regular reviews of these templates in conjunction with Legal to ensure templates are updated with new regulatory, legal and industry practices.Develops recommendations for data elements and format for management reporting. Maintains large quantities of the most up-to-date reports covering all aspects of contract database quality and completeness and contract performance and commitment achievement metrics. Produces specific recommendations for remediation and/or action as required and includes in management reports. Prioritizes reporting on purchase obligations.Develops working relationships with Global Procurement colleagues and colleagues from key support functions, including Legal, SPMO, Technology and Operations. No direct reports,, assists more junior team members, as needed. Scope is limited to the quality and accurate completion of own work as well as effective collaboration across key support functions. Contributes to the achievement of team goals. Modified based upon local regulations/requirements.High school/secondary school or the equivalent combination of education and experience required,, bachelor\'s degree preferred.3-5 years of total work experience preferred.. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team \xe2\x80\x93 one that is representative and inclusive of the diverse talent, clients and communities we work with and serve \xe2\x80\x93 and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world\'s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It\'s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

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Job Detail

  • Job Id
    JD3175988
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year