Senior Procurement Analyst

NYISO; New York (NY); Hybrid; USD 78,000 - 132,000; Full time

Job summary

A leading company in New York is seeking a Senior Procurement Analyst to lead and develop procurement strategies, mentor team members, and ensure compliance with contract documentation. This role involves collaboration with various departments and requires strong negotiation and analytical skills. The position offers flexibility for remote work while maintaining on-site requirements based on business needs.

Benefits

Comprehensive benefits package

Innovative reward programs

Flexibility to work remotely

Qualifications

• Seven years corporate procurement experience.
• Expert knowledge of procurement and leadership in RFP processes.

Responsibilities

• Lead the Procurement function and resolve complex contract issues.
• Develop procurement strategies and negotiate contract terms.

Skills

Negotiation

Leadership

Analytical Skills

Communication

Education

Bachelor's Degree in Business Management

Master of Business Administration

Tools

MS Office

Oracle Financials

Job description

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

The NYISO’s Procurement Department invites applications for a full-time Senior Procurement Analyst.

The Senior Procurement Analyst leads, develops and implements NYISO’s policies, procedures and programs for contract and procurement strategies including leading efforts on strategic sourcing with a focus on developing and enhancing strategic vendor relationships. Working closely with the Manager, Procurement to develop and implement initiatives to support corporate and departmental needs that involve the most complex corporate projects and initiatives; guides departmental representatives in the development and execution of procurement event sourcing strategies. Mentors Procurement Analyst. Develops and implements Procurement contract and sourcing templates. Ensures all are compliant with NYISO tariff requirements regarding required contract documentation; serves as liaison to departmental representatives for the coordination and resolution of issues involving procurement events.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Formulate complex contract, procurement, and sourcing strategies in concert with the Manager, Procurement to meet corporate procurement objectives.
• Lead the Procurement function and departmental representatives in resolving complex contract questions and issues.
• Provide guidance for NYISO employees on NYISO’s business strategy and Procurement policies and procedures.
• Encourage collaboration with departmental representatives and Legal to create Requests for Proposals (RFP), Requests for Information (RFI), Requests for Quotation (RFQ), Master Agreements, Vendor Service Agreements, Statements of Work (SOW), Amendments, and all other applicable contract documents and artifacts.
• Develop working relationships with other ISO procurement representatives; leverage relationships to benchmark NYISO’s procurement strategies, policies, and procedures in comparison with other ISOs.
• Utilize the procurement tracking system to ensure proper workflow milestones are completed for each project
• Develop effective procurement processes and standard procurement document templates.
• Within established standards, lead the negotiation on contract terms, insurance terms, price, discounts, payment terms, security terms and related items with vendors while collaborating with Legal, Enterprise Security, departmental representatives, department management and NYISO executive management.
• Review RFP proposals and make appropriate strategic recommendations to the Business Owner.
• Negotiate complex and sensitive legal and contract terms, insurance terms, price, discounts, payment terms and related items with vendors.
• Lead in the creation of procurement usage reports, trend analyses and vendor summary reports through data collection and analysis and present to internal management and committees
• Facilitate NYISO management and vendor concurrence of all contract terms.
• Conduct periodic meetings with department management and executive management (as assigned by the Manager, Procurement) to review respective department’s procurement forecasts, sourcing strategies, trends, and other procurement event activities.
• Process purchase orders and distribute to requesting manager and to the vendor.
• Monitor vendor certificates of insurance to ensure compliance with contractual insurance levels
• Maintain electronic and paper records, as per record retention schedules, for all procurement documents, including Purchase Order Requests, Purchase Orders, Master Agreements, Statements of Work, Requests for Proposals, and all other related documents
• Review the Terms & Conditions and contents of contracts, leases and licenses to ensure compliance and minimize organizational risk.
• Ensure vendor compliance with NYISO tariff requirements and procurement policies.

QUALIFICATIONS:

• Bachelor's Degree in Business Management, Business Administration, Accounting or Economics required; Masters of Business Administration degree is highly desirable. Equivalent combination of education and relevant experience accepted.
• Seven years corporate procurement experience, that includes significant leadership of request for proposal process and creation of statements of work; advanced training in negotiations; demonstrated expert knowledge of procurement; extensive experience as a Business Analyst or other senior financial position including supervision of people and projects; reasonable knowledge of power transmission and utilities industries; paralegal training or experience beneficial; extensive or equivalent combination of education, training and experience.
  
  

CERTIFICATES, LICENSES, REGISTRATIONS

• Certification as CPM (Certified Purchasing Manager), CPSM (Certified Professional in Supply Management) or APP (Accredited Purchasing Practitioner) through the Institute for Supply Management, APICS or other professional supply chain certification body preferred.

ADDITIONAL REQUIREMENTS

• Ability to read, analyze and interpret common scientific and technical journals, financial reports and legal documents. Ability to respond to common inquiries or complaints from market participants, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to senior executives, market participants, public groups and/or board of directors.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra.
• Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Intermediate to superior competency in Windows operating environment using MS Office applications (particularly MS Word and MS Excel), e-mail and internet programs.
• Knowledge of Oracle Financials is desirable.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

The NYISO offers the flexibility to work both in the office and remotely, providing our employees with an enhanced work life balance. While the majority of the responsibilities of this role can be performed remotely, employees will have on-site requirements based on business needs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.

Salary Range

$78,500 - $131,100 USD

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