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Procurement Analyst

Company: 03C Federal Reserve Bank of Philadelphia
Location: Philadelphia
Posted on: November 22, 2021

Job Description:

CompanyFederal Reserve Bank of Philadelphia The Procurement Analyst will be responsible for optimizing the bank---s procurement programs, support procurement reporting, and ensuring compliance with procurement systems, policies, and procedures. What You Will Do:Principal Responsibilities

  • Place Purchase orders with vendors with existing agreements in place and ensure compliance for these acquisitions.
  • Purchase goods and services with the p-card if applicable
  • Support stakeholders to ensure their understanding of all acquisition requirements
  • Ensures proper control & consistent application of best practices for the Bank using sourcing and procurement policies and procedures
  • Assists in analysis and interpretation of various procedures and guidelines as it relates to sourcing of goods and/or services
  • Provide monthly procurement reports including supplier diversity reporting for internal stakeholders, FRB system and sr. procurement staff
  • Assist with monthly compiling of Procurement dashboards and highlighting trends
  • Supports other departments, to resolve all issues relevant to the suppliers and procurement process.
  • --Generate ad-hoc reports and initiates research, analysis, and highlights key takeaways from spend and market------ data to and, at times, present to operational stakeholders.
    • --Coordinates financial analysis of vendors with credit risk management
    • --Track Department Cost savings
    • All other duties as assigned. What You Have:Qualifications:Education and Experience:
      • High school diploma or equivalent required.
      • Bachelor---s degree preferred in business, finance, or related field preferred, or equivalent combination of education and experience.
      • 2 years--- experience in a, procurement, or purchasing role required
      • Performs work with high degree of independence.
      • Additional experience should include performance monitoring, problem resolution, contract administration, subcontracting, e-procurement toolKnowledge and Skills:
        • Ariba Experience preferred
        • Workday Financial Experience
        • Proficiency in using Microsoft Office & Microsoft Excel required
        • Adept problem solving and analytical skills
        • Effective interpersonal communication skills
        • Proficient written and oral communication skills
        • Strong desire and capacity to learn We offer a great benefits package that features:
          • Medical (4 options), Prescription, Dental (3 options), and Vision Insurance
          • 401k/Thrift Plan with generous employer match
          • Employer-funded Pension Plan
          • Paid Vacation/Sick Time & Holidays
          • Monthly Commuter Allowance
          • Flexible Spending Accounts and Healthcare Spending Accounts
          • Flexible Work Schedule available in most departments
          • Tuition Reimbursement
          • Parental Leave
          • Onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
          • Onsite Cafeteria & Coffee Shop
          • Additional Convenience Benefits, Discounts and More--- Additional Information:
            • The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer seven employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.
            • We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.
            • A requirement of this position is that you will be fully vaccinated against COVID-19 or qualify for a medical or religious accommodation.
            • All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
            • Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Employment may not begin until the Bank accepts the results of the background investigation.
            • All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
            • Certain eligibility rules apply. You will provide work authorization to prove their eligibility to work in the United States.
            • The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
            • This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.
            • Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryAccounting/FinanceWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Privacy Notice

Keywords: 03C Federal Reserve Bank of Philadelphia, Philadelphia , Procurement Analyst, Professions , Philadelphia, Pennsylvania

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