Procurement Associate

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to crafting a workplace that looks like the world that we serve.

The impact you will have on this role:
Being a member of the Corporate Procurement Services team, a Procurement Associate will support the end-to-end procurement activities by managing supplier engagements, contracts, and purchase transactions. The role focuses on ensuring accurate processing, system integrity, and timely execution of procurement requests while partnering closely with sourcing leads, internal stakeholders, and subject matter experts to support effective vendor and contract management.

What You'll Do
Responsible for ensuring accurate and consistent data across procurement systems such as but not limited to Oracle, Fieldglass, Procurement 360, while supporting the the processing of procurement engagements such as Professional Services Agreement, Statement of Work, Quotation/Proposal and Purchase Orders.
Ensures timely and accurate processing of procurement requests in Procurement 360, Oracle and Fieldglass, resulting in fully-executed contracts and Purchase Order prior to start/expiry date.
The Procurement Associate coordinates with the Requester on the withdrawal of incorrect or premature Requests raised by the Business.
Partners with sourcing leads, CPS team members, and relevant subject matter experts to support the timely and accurate execution of procurement engagements in collaboration with the business.
Monitor renewals and expirations, and tracking service level agreements (SLAs) and key performance indicators (KPIs).
Designs business analysis, data recording systems, and operational dashboards for use throughout the department.
Monitors the service delivery data reports and operational dashboards to identify any business demand trends including spend and supplier analysis and transaction volume. The results will be communicated to the department's leadership team.
Publishes Financial Reporting such as Procurement Vendor, spend dashboard, etc.
Minimum of 3 years of related experience
Bachelor's degree preferred or equivalent experience