Procurement Associate
2 d. temu

A Career with Point72’s Procurement Team

The Procurement team manages the purchasing process for Point72 and related entities to maximize cost savings and avoidance through negotiation and the use of RFPs (request for proposals) and vendor benchmarking.

The team also oversees the Firm’s travel agent to ensure compliance with travel policy and obtains the most favorable rates for hotels, airlines and other travel expenses and manages the Firm’s corporate and purchasing card programs and employee devices (e.g., cell phones).

What You’ll Do :

Interact with business owners, Procurement and other cross-functional teams on a daily basis, understanding their procurement requirements and developing and implementing strategies to meet both short and long-term business objectives

Track performance of the organization’s spend, supply market, costs, and tiers of suppliers; Identify expense reduction / management opportunities and development of strategies to realize those opportunities

  • Develop and manage supplier relationships with assigned key / strategic suppliers to optimize financial and operational performance;
  • leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead times, and guarantee supply

    Negotiate, create and execute contracts (terms) with suppliers

    Develop, issue and manage the process for bids / RFP (requests for proposal) process along with RFIs (requests for information), RFQs (requests for quotations) for products and services

    Work with internal teams (Info security, compliance and tax, HR, accounts payable) to ensure that vendors are performing in accordance with existing requirements and regulatory obligations

    Create and monitor purchase orders in the Procurement system and all associated activities up to payment to the supplier, including the resolution of performance and delivery issues

    Make improvements to processes, procedures, workflow, reporting and organizational structures for spend and contract management

    Lead / assist on various procurement projects

    What’s Required :

    Undergraduate degree in business, supply chain, finance or economics preferred.

    1-5 years procurement / strategic sourcing experience

    Experience preferred in maintenance, repair and operational procurement services including technology, telecommunications, facilities and business operations products and services.

    Working knowledge of procurement and supply chain management principles; Understanding of contract structure, terms and conditions as well as contract law

    Supplier relationship management experience including supplier review, selection, negotiation and on-going management; Experience working with stakeholders in a customer-focused and service-based environment

    Experience driving, planning, developing and executing category commodity management strategies including category assessment and development of detailed commodity strategy

    Experience developing bids and negotiation and administration of contracts

    Strong technology skills; Proficiency with PC software applications such as MS Word, Excel and PowerPoint

    Strong verbal and written English communication skills

    Strong analytical and data analysis skills / experience

    Experience analyzing and recommending changes to drive continuous improvement in procurement processes

    We Take Care of Our People

    We invest in our people, their careers, their health, and their well-being. We want you to concentrate on success and leave the rest to us.

    When you work here, we provide :

    Sports card

    Private life insurance

    Private medical and dental care, with vision allowance

    Private pension scheme

    Business travel accident insurance

    Employee assistance program

    Educational assistance reimbursement

    About Point72

    Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide.

    Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent.

    Our Warsaw office gives us access to world-class talent with a reputation for excellence and innovation. We’re looking to build an office of subject-matter experts whose fresh perspectives will help evolve our infrastructure and advance the capabilities of our teams.

    Learn more at / Warsaw.

    Point72 is an Equal Opportunity Employer. Point72 is committed to the principles of equal employment opportunity for all employees and applicants for employment.

    Point72 complies with applicable, local, state and federal laws on the subject of equal employment opportunity.

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