Senior Procurement Analyst

Summary

Join the New York Independent System Operator (NYISO) as a Senior Procurement Analyst and lead the development and implementation of procurement strategies. You will formulate complex contract and sourcing strategies, guide employees on NYISO policies, and collaborate with various departments to create procurement documents. Responsibilities include negotiating contract terms, reviewing proposals, creating reports, and ensuring vendor compliance. The ideal candidate possesses a Bachelor's degree in a relevant field, seven years of corporate procurement experience, and advanced negotiation skills. A Master's degree and relevant certifications are highly desirable. NYISO offers a competitive salary, comprehensive benefits, and flexible work arrangements.

Requirements

• Bachelor's Degree in Business Management, Business Administration, Accounting or Economics required; Masters of Business Administration degree is highly desirable
• 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
• 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

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

Preferred Qualifications

• 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
• Knowledge of Oracle Financials is desirable

Benefits

• Competitive salaries
• Comprehensive benefits package
• Innovative reward programs
• Flexibility to work both in the office and remotely