Junior Analyst, Procurement

Job Purpose: Intercontinental Exchange Inc (ICE) is seeking a highly motivated and proactive individual with excellent analytical, communication, and business acumen skills to join the dynamic procurement team. The ideal candidate will possess a strong understanding of the procurement process and be responsible for managing the lifecycle of facilities contracts. Responsibilities: - Serve as a Procurement Liaison: Assist employees throughout the organization in understanding the procurement process and policy. - Conduct Contract Negotiation: Review and negotiate purchasing agreements with a focus on optimal pricing and commercial terms. - Foster Cross-Functional Collaboration: Collaborate closely with end users, the legal team, senior leadership, and suppliers to define requirements and develop strategies for contract negotiations. - Handle Reporting: Track and report on procurement metrics to facilitate decision-making, including monitoring spend, savings, and contract performance. - Effective Time Management: Prioritize and manage multiple competing tasks in a fast-paced environment to ensure timely completion. - Risk Management: Identify and mitigate risks to the company and vendor relationships, including addressing any invoice discrepancies. Knowledge And Experience: - Bachelor's degree in Business, Supply Chain Management, Real Estate, Construction Management, or a related field. - 1-3 years of experience in indirect procurement. - Strong customer service and interpersonal skills. - Proficient in cost analysis and negotiation techniques. - Critical thinking skills to identify and solve problems. - Demonstrated sound judgment and adherence to ethical obligations in performing purchasing duties. - Ability to prepare clear and concise specifications and other relevant documentation. - Proficiency in Microsoft Excel; familiarity with Oracle Cloud & ServiceNow is a plus. - Preferred understanding of procuring facilities and real estate-related goods and services. Schedule: This role offers work-from-home flexibility for one day per week.,