Procurement Sourcing Analyst

At M&T Bank, we are looking for an experienced and passionate Procurement Sourcing Analyst to join our team. The ideal candidate will possess a strong understanding of sourcing and procurement processes, and have experience in vendor contract negotiation and supplier management. This individual must be detail-oriented, organized, and have strong problem-solving skills. If you have the right qualifications and experience, and are ready to join a team of professionals who are passionate about driving results, then this is the opportunity for you. The successful Procurement Sourcing Analyst will be a team player with excellent communication and interpersonal skills. They will have the ability to manage multiple projects, prioritize tasks, and handle sensitive information with discretion. The individual should be a self-starter with a positive attitude and a willingness to take on challenging projects. Required qualifications: - Bachelor's degree in Business Administration, Supply Chain Management, or related field- Minimum of 3 years of relevant experience in procurement or sourcing- Working knowledge of procurement systems, procedures, and best practices- Advanced knowledge of contract negotiation and supplier management- Excellent analytical and problem-solving skills- Strong organizational and time management skills- Excellent written and verbal communication skills

Responsibilites:

1. Develop and implement effective procurement processes and strategies.
2. Manage vendor contracts and relationships.
3. Negotiate contracts with suppliers.
4. Analyze market trends and data to identify cost-saving opportunities.
5. Maintain accurate records and documentation of all procurement activities.
6. Monitor and maintain inventory levels.
7. Collaborate with other departments to ensure efficient procurement processes.
8. Prepare and analyze reports to inform management of procurement progress.
9. Develop and maintain relationships with vendors to ensure quality and cost-effective services.
10. Ensure compliance with organizational policies and procedures.

According to JobzMall, the average salary range for a Procurement Sourcing Analyst in Baltimore, MD, USA is between $51,898 and $93,728. The salary range depends on factors such as experience, education level, and industry.

M&T Bank Corporation is a regional financial services company with more than $115 billion in assets. They provide banking, insurance, investments, mortgage and commercial financial services through more than 750 branches, 1800 ATMs, and a variety of online and mobile services.