Procurement Analyst

Posted 7 Days Ago
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Newcastle, Newcastle upon Tyne, England
3-5 Years Experience
Legal Tech • Financial Services
The Role
Global Procurement Analyst collaborating with global and regional teams to enhance procurement practices, focusing on IT cost reduction, vendor consolidation, and market intelligence. Responsible for managing vendor portfolio, commercial issues, and developing category strategies. Must have a minimum of 3 years of experience in an analyst role with strong analytical and negotiation skills.
Summary Generated by Built In

Practice Group / Department:

Global IT ProcurementJob Description

We're Norton Rose Fulbright - a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. 

Role Summary:

The Global Procurement Analyst will collaborate with global and regional teams to enhance procurement practices, focusing on IT cost reduction, vendor consolidation, contract renewals, and building market, vendor, and demand intelligence.

Key Responsibilities:

  • Build and align a demand pipeline with business requirements.
  • Manage a specified vendor portfolio, including contracts, renewals, terminations, cost approvals, and relationships.
  • Handle vendor commercial issues, driving innovation, cost reduction, and performance improvements.
  • Support the NDA process, opportunity tracking, and development of category strategies and sourcing plans.
  • Conduct research to maintain accurate category plans and build market intelligence.
  • Document procurement processes, policies, and develop a procurement toolkit.
  • Draft and manage RFx for market events and lead cross-functional teams.

Process and Policy:

  • Conduct market/vendor research, evaluate new/existing vendors, and develop sourcing strategies.
  • Manage vendor negotiations, contract drafting, and sourcing processes.
  • Promote best practices, innovation, and ethical procurement, while managing vendor risk.

Skills and Experience Required:

  • Minimum 3 years in an analyst role, with strong analytical and negotiation skills.
  • Experience with procurement tools, methodologies, and global vendor management.
  • Adaptability, creativity, and a proactive work ethic in a fast-paced environment.
  • Knowledge of financial, legal, and corporate social responsibility issues.

Qualifications:

  • B-degree or CIPs qualification/legal degree preferred.

Our clients come first; whilst we have a high-performance culture and work hard as a team, in return we offer a range of competitive benefits including:

  • 25 days holiday + Bank Hols
  • Free Virtual GP Service
  • Private Medical Insurance
  • Pension – Norton Rose Fulbright will also make a contribution
  • Life Assurance
  • Income Protection Insurance
  • Enhanced Maternity, Adoption or Surrogacy Leave
  • Carers Leave
  • Flexible working

#LI-KM2

Diversity, Equity and Inclusion

To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. 
Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. Find more about Diversity, Equity and Inclusion here.

We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know here.

The Company
Denver, Colorado
8,733 Employees
On-site Workplace

What We Do

We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3,500 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy, infrastructure and resources; consumer markets; transport; technology; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices

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