Overview

Strategic Sourcing - Senior Business Analyst

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

• You will be responsible for providing critical business analytics in support of business case content to support the analysis of the bank's vendor population to develop sourcing strategies across all of the BNYMellon's sourcing categories, including but not limited to Professional Services, Enterprise IT, telecom, market data, Facilities and Corporate Services. This includes supporting cross-functional teams to perform market analysis, identify business demand, conduct business analytics, develop business cases, guide business lines to optimize the use of the Bank's implemented sourcing strategies.

• Support our external and internal research needs for vendor and spend category research including support to Strategic Sourcing Category leads in planning, development and implementation of category plans and strategic sourcing initiatives
• Work with Category leads, business stakeholders and ESO team to identify business requirements and subject matter experts for development of category strategies. Analyze business requirements and work with Category leads to translate into effective category management strategies (global, regional, country, etc.)
• Build category profiles - perform analyses across spend categories and external content/research and assemble into a package
• Gather and perform analyses of complex market information for development and implementation of category strategies and supplier engagement
• Define and document category strategy requirements and business demand
• Support Category management and strategic sourcing through category lifecycle, annual reviews and ongoing business demands
• Develop spend projections (modeling) by vendor/category
• Support operational rollout and support of preferred vendor catalogues, category strategies and exceptions or escalations
• Work closely with the data analysis to buildout complete profile for categories, vendors, etc.

• Work experience and knowledge across strategic sourcing and expense management in financial services or other related industry

• Other Requirements:

• Bachelor's Degree in business, supply chain management, finance, technology, or related field, or equivalent work experience.
• Five or more years' experience as business analyst with demonstrated success and progressing responsibility.
• Knowledge of procurement sourcing process and category strategy development a plus.
• Outstanding interpersonal, communication, and writing skills, with the ability to engage at all levels within the organization, including senior management, as well as with suppliers.
• Highly organized individual, with excellent time management skills and the flexibility to handle multiple projects.
• Ability to start and finish tasks with minimal management oversight and maintain a positive attitude.
• Highly proficient in MS Office Suite.

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloomberg's Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP's Climate Change 'A List'