Senior Analyst, Procurement Contract Operations - Boston, MA

Posted 7 Days Ago
Be an Early Applicant
Boston, MA
In-Office
54K-95K Annually
Mid level
Financial Services
The Role
Manage procure-to-pay processes, ensure compliance with contract requirements, support procurement initiatives, and maintain contract records within the procurement department.
Summary Generated by Built In
Senior Analyst, Procurement Contract Operations - Boston, MA

Country: United States of America

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Senior Analyst, Procurement Contract Operations is primarily responsible for managing the various tasks of the procure-to-pay process within the procurement department. S/he reviews submissions, ensures essential controls are satisfied, coordinates execution of financial and contractual commitments, and communicates with internal requesters in support of the business needs of the Company. Secondarily, this individual will support process and system improvement initiatives to increase overall effectiveness and efficiency of the program.

The Procurement Department is comprised of three functional areas: Contract Operations, Strategic Sourcing, and Procurement Administration. As part of the Finance organization, the Procurement department is responsible for a number of critical functions, including: developing and implementing cost saving strategies for executive management, facilitating the timely purchase of various goods and services while ensuring the relevant risks are properly reviewed and mitigated, maintaining standards and procedures in support of the Company’s overall strategic objectives, and supporting system administration for the technologies that underly the program. The Procurement department partners with the Legal, Third-Party Risk Management, and Vendor Management departments to support internal clients from the various business functions within the Company.

Functional Responsibilities:

  • Review of incoming Procurement requests (sourcing requests) to ensure compliance with process, inclusion of required documentation, and completion of initial due diligence
  • Quality control to ensure contract compliance with guidance from Legal and Third-Party Risk Management departments, as well as compliance with internal policies & procedures.
  • Management and enforcement of Santander's electronic contract signature protocol
  • Creation and management of Operational Contracts in compliance with Santander's finance and payment policies
  • Management of Santander's Contract Repository, including digital records for historical contracts, data management for current contracts, and reporting on all data from the Repository

What You Bring:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's Degree or equivalent work experience: Purchasing, Supply Chain Management, Finance, Business, or equivalent experience - Required.

3+ Years Procurement Experience - Required

  • Strong knowledge of ERP purchasing systems.
  • Team player willing to get involved, ask questions, obtain support from, and give support to others.
  • Communication skills supporting customer interface, supplier management, conflict resolution and team development in an environment requiring the ability to work with and influence others.
  • Proficient MS Office Skills (Word, Excel, PowerPoint).
  • Must have people skills to interface successfully with customers, peer groups and support the purchasing team.
  • Demonstrated project management skills.
  • Ability to manage multiple projects with competing priorities.
  • Solid research, analytical, and critical thinking skills.
  • Ability to adapt to changing organizational and operational needs.

Certifications: No Certifications Required for this role.
It Would Be Nice for You to Have: Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum:

$54,375.00 USD

Maximum:

$95,000.00 USD

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.
Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [email protected] to discuss your needs.

Top Skills

Erp Purchasing Systems
Excel
Ms Office (Word
Powerpoint)
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The Company
HQ: Boadilla del Monte, Madrid
136,172 Employees

What We Do

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.

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