Global Corporate Business Travel Senior Procurement Consultant

Global Corporate Travel Sr. Procurement Consultant

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

The Global Corporate Travel Sr. Procurement Consultant is responsible for managing elements of the global business travel program including sourcing process, contract negotiations, supplier relations, and policy development.

Major Duties:

• Deliver excellence in sourcing with travel related vendors, including sourcing process expertise, input in developing category sourcing strategies and analytics, help lead issuance of RFx (Request for Information, Request for Proposal/Quote), collection and analysis of data, pricing discussions and negotiations.
• Responsible for contract review, drafting, and creation of required legal documents (e.g. NDA, Master Agreement, inclusion of critical Exhibits when using supplier paper), while ensuring mitigation of risk, timely submission of all contract documents into TCM, followed by subsequent management of supplier adherence to contract terms.
• Manage and support regulatory and compliance requirements while driving effective vendor relationship management for all travel vendors and do so in accordance with the Northern Trust Supplier Relationship Management program and the Vendor Management Practice Standards. Includes assisting with managing relationships with preferred global commercial card provider, global travel agency and regional travel vendors.
• Ensure preferred vendors deliver consistently high service levels, and promptly handle customer service inquiries. Assist manager to ensure SLA and annual global Business Plan are monitored, projects and deliverables are completed.
• Support policy development, consistent administration and governance of the Corporate Travel Policy and the Corporate Card Policy, and how they integrate with the Corporate Expense Policy.
• Support consistent administration and governance of the Corporate Purchasing Card and Corporate Meeting Card guidelines and procedures, and how they integrate with the Corporate Expense Policy.
• Co-manage calculation and reporting of Travel category annual savings per project in designated savings tool.
• Effectively engage with internal clients at all levels to foster deeper relationships, consistently deliver high quality work and timely customer service.
• Provide CFOs, business leaders and senior executives with high quality, data, analytics, and reports to enable sound decision making. This includes global travel and card metrics, KPI and other relevant data used to identify/evaluate trends, potential savings, monitor compliance, etc.
• Develop and deliver presentations to senior management, and facilitate discussions to ensure comprehensive understanding so decisions with global impact are reached.
• Execute complex activities with significant financial and/or internal business impact.
• Serve as a corporate travel subject matter expert to internal clients and a mentor to other more junior level employees.
• May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role).
• Solves complex problems.
• Takes a new perspective on existing solutions.
• Exercises judgment based on the analysis of multiple sources of information.
• Impacts a range of customer, operational, project or service activities within own team and other related teams.
• Works within broad guidelines and policies.

Knowledge:

Thorough knowledge of business travel management (account management and travel operations) that will allow effective contract and supplier management, handling of customer service inquiries, problem solving, advancement of global programs, etc.

Technically proficient in corporate travel sourcing, negotiations, understanding of key legal terms and conditions of travel contracts to effectively minimize risk.

Demonstrated ability to build and maintain effective working relationships across functions, organizations and suppliers/vendors.

Strong written and verbal communication skills allowing for effective interactions and presentations with partners at all levels and with suppliers.

Experience working in a fast-paced environment with competing priorities.

Strong attention to detail and organizational skills.

Project management skills.

Financial acumen and analytical skills to manage complex analysis of travel data/metrics and ability to make recommendations for improved cost savings and policy compliance.

Strong proficiency with Microsoft Office programs (Excel, Word, PowerPoint, Outlook), etc.

Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.

Applies best practices and how own area integrates with others.

Is aware of the competition and the factors that differentiate them in the market.

Explains difficult or sensitive information; works to build consensus.

Experience:

B.A. or B.S. in business, finance, or supply chain and/or relevant corporate business travel management/travel industry work experience.

5+ years relevant work experience in a corporate business travel/meetings environment.

Acts as a resource for colleagues with less experience.

May lead key projects, including managing risks and resource requirements.

Salary Range:

$95,600 - 162,400 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io.

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.