Procurement Data & Analytics Lead

As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.

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Job Description

Strategic Goal

• Drive and execute the Global Procurement data and analytics strategy, leveraging Invesco’s newly implemented source to contract technologies, to deliver a holistic reporting suite across Invesco’s third party spend that drives Procurement and business decisions.

Key Responsibilities / Duties:

• Drive data strategy – Build an agile and scalable procurement analytics ecosystem covering spend and category analytics, strategic sourcing, contract management, risk identification and assessment and savings enablement.
• Champion a data-driven culture –Through creation and execution of reports and insights that inform procurement decisions and assist in the development of innovative procurement and category management strategies, policies and processes.
• Lead advanced analytics initiatives – Partner with key procurement and business partners to determine their needs. Working with Finance, Technology and other Invesco teams as required, provide reporting solutions and dashboards that meet those needs.
• Create TPRM Risk reports and dashboards which will be used to present findings to key stakeholders. Evaluate trends throughout the data, identify emerging risks and outliers.
• Partner with TPRM and Risk teams to understand data requirements and develop repeatable custom reporting.
• Continuous improvement – Monitor the usage and effectiveness of analytics suite, identifying and delivering on opportunities to enhance the procurement reports and dashboards, leveraging automation.
• Enhance and maintain procurement KPIs and performance metrics – Gather and analyze key procurement data to create/enhance metrics to report results which drive procurement strategy and multi-year planning
• Bring insights – Establish and utilize network to keep abreast of industry best practice and drive innovation.

Work Experience / Knowledge:

• Deep experience of procurement processes and practices across Category Management, Sourcing Strategy, Procurement Operations, Contract Lifecycle Management, Requisition to Pay and Supplier Risk, particularly for indirect spend
• Experience of leading projects, especially transformation and change management activities
• Digital mindset and a dedication to user experience
• Strong communication and influencing skills, ability to network internally and externally

Skills / Other Personal Attributes Required:

• Ability to travel up to 10% of the time, as needed.
• Excellent written and verbal communication skills with ability to deliver clear, well-structured presentations:  Senior Executive Level presence is required
• Excellent interpersonal skills with ability to influence others without authority
• Self-driven, results oriented, and motivated to work effectively
• Strong project management and team leadership skills
• Strong analytical and financial skills
• Ability to concurrently manage and prioritize multiple projects
• Good command of Microsoft Office Suite, especially Excel and PowerPoint

Formal Education:

• Bachelor Degree: Advanced degree in Business, Supply Chain, or related areas are desirable, or equivalent demonstrable professional experience.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

YesWorkplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office. 

Why Invesco

In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally. 

We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).  

What’s in it for you? 

As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world. 

Our benefit policy includes but not limited to: 

• Competitive Compensation 
• Flexible, Hybrid Work 
• 30 days’ Annual Leave + Public Holidays 
• Life Insurance 
• Retirement Planning 
• Group Personal Accident Insurance 
• Medical Insurance for Employee and Family 
• Annual Health Check-up 
• 26 weeks Maternity Leave 
• Paternal Leave 
• Adoption Leave 
• Near site Childcare Facility 
• Employee Assistance Program 
• Study Support 
• Employee Stock Purchase Plan 
• ESG Commitments and Goals 
• Business Resource Groups 
• Career Development Programs 
• Mentoring Programs 
• Invesco Cares 
• Dress for your Day 

In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence. 

To know more about us 

About Invesco: https://www.invesco.com/corporate/en/home.html 

About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html 

About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html 

About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html 

Apply for the role @ Invesco Careers: https://careers.invesco.com/india/