Senior Associate, Sourcing

7 - 10 years

0 Lacs

Posted:2 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

SENIOR ASSOCIATE - ENTERPRISE SOURCING OFFICE At BNY, our culture allows us to run our company better and enables employees growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. We're seeking a future team member for the role of Senior Associate to join our Enterprise Sourcing Office team. This role is located in Pune. In this role, you'll make an impact in the following ways: Accountable for all service areas of the assigned activity for the respective category (IT & Fintech). The assigned activity requires collaboration and communication with Business and vendor Management office and ESO executive management. Prepares and runs complex supply market analyses and develops large quantities of RFP and RFI templates, pricing assessments and total-cost modelling. Contributes to and leads sourcing contract negotiations and contract administration for standard contracts in assigned categories. Independently reviews and analyses non-complex, standard and some non-standard contract requirements and conducts complex research to support contract negotiations. Identifies contracting issues and recommends solutions. Actively works with stakeholders to support the development of demand-side process improvements. Provides support and sometimes enables stakeholder and business partner meetings. Independently reviews and analyses contract asks and effectively communicates requirements. Will be responsible for negotiating and sometimes supporting both non-complex and complex contract negotiations. Is responsible for contract administration for a moderate quantity of standard contracts in the assigned categories, including NDAs, non-complex agreements, SOWs and terminations, among others. Has a good understanding of at least one or more categories and actively contributes to the identification and driving of saving ideas/initiatives. To be successful in this role, we're seeking the following: Bachelor's degree in computer science engineering or a related discipline, or equivalent work experience required. 7-10 years of experience in Sourcing, experience in the securities or financial services industry is a plus. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn Here's a few of our recent awards: America's Most Innovative Companies, Fortune, 2025 World's Most Admired Companies, Fortune 2025 Most Just Companies, Just Capital and CNBC, 2025 Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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