Demo

Procurement Analyst

Key Bank
Cleveland, OH Full Time
POSTED ON 1/30/2025
AVAILABLE BEFORE 4/29/2025

Location :

4900 Tiedeman Road - Brooklyn, Ohio 44144-2302

ABOUT THE JOB (JOB BRIEF)

The Procurement Analyst is an individual contributor role reporting to a category or support function manager within Key's Corporate Procurement group. The Procurement Analyst is a shared resource typically supporting a manager and a small group of Strategists. Under general supervision, responsibilities for a Procurement Analyst include : reviewing, analyzing and summarizing relevant data for assigned category or support team, supporting Procurement Management and Strategists in the execution of identified strategies and preparing and presenting information / findings in a concise and understandable format. Success criteria include : basic analytical skills, timely and effective handling of daily requests through organization and prioritization, ability to work independently, collaboration with team members at multiple levels and ability to establish reputation as a knowledgeable and responsive team player.

ESSENTIAL JOB FUNCTIONS

Analyze, summarize and present relevant data for assigned category or support team

  • Conduct basic analysis on spend data, etc. to support strategy development and execution
  • Summarize and present findings in a concise and understandable format
  • Utilize solid written communication skills in the development of presentations, email communications, etc.
  • Utilize MicroSoft tools including; Excel, Powerpoint, Word as needed to deliver information
  • Proactively update and manage department tracking tools and data repository as needed
  • Strategic decisions are made based on accurate data and information
  • Information and findings are communicated in a thorough and concise manner
  • Important data and information are maintained and readily accessible

Support Category Managers and Strategists in the development and execution of identified category or LOB strategy

  • Provide day-to-day assistance to Category Managers and Strategists in assigned area in support of business objectives
  • Orchestrate, organize and prioritize assignments to support needs of the group and / or business
  • Ask insightful questions; demonstrate ability to surface and escalate basic issues / problems that arise
  • Use judgement and escalate issues / exceptions as needed
  • Support Strategists in monitoring vendor's adherence to established performance metrics
  • Possess basic level of knowledge and familiarity with processes and subject matter for assigned category or support area
  • Demonstrate proficiency with bank and department-specific systems
  • Category Managers and Strategists are able to focus on strategic-level work and assignments
  • Workload is organized and prioritized based on needs of the business
  • Issues are identified and escalated; risk is mitigated
  • Level of support is elevated given the level of business knowledge
  • Develop effective and collaborative relationships

  • Develop and maintain strong collaborative relationships with Category Managers, Strategists and other Analysts within and outside assigned functional area
  • Demonstrate ability to partner with Procurement Support teams including : Legal, Solutions, Third-Party Risk Mgmt, etc.
  • Act as team player open to participating on project teams and supporting other areas of the business as needed
  • Category Managers, Strategists and peers rely on Analyst as approachable, knowledgeable and responsive resource
  • Analyst has collegial and professional relationship with, and is respected by, management, co-workers and partners
  • REQUIRED QUALIFICATIONS

  • Bachelor's Degree
  • 1- 3 years minimum experience (could include internships, involvement in school programs, etc.)
  • Ability to analyze, summarize and present simple to moderately complex data in a concise and understandable format
  • Basic written and oral communication skills
  • Detail-oriented; ability to organize and prioritize workload
  • Possesses solid client focus; is efficient and delivers in a timely manner
  • Ability to work independently on routine matters with general supervision
  • Quickly grasps new ideas, techniques and insights
  • Comfort level working with diverse team at various levels within Procurement
  • Demonstrated ability to develop baseline level of functional / banking knowledge; understands client's strategy
  • Adept with Microsoft Office products including : Excel, PowerPoint, Word
  • ESSENTIAL COMPETENCIES

  • Accountability : Keeps promises and honors commitments; Accepts responsibility for mistakes and failures and learns from them; Honors commitments and demonstrates open, honest communication.
  • Effective Collaboration : Identifies and involves the right stakeholders to make decisions and maximize results; Readily shares information, knowledge, best practices, and ideas with teammates; Leverages opportunities and capabilities across the team to accomplish goals; Attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he / she disagrees.
  • Client Focus : Is dedicated to meeting the expectations and requirements of internal and external clients; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with and gains their trust and respect.
  • Developing Self : Take ownership of your personal development plan and seek opportunities to further develop your professional effectiveness.
  • Business Acumen : Knowledgeable about industry and current, possibly future policies, practices, trends and information affecting her / his business and organization; possess institutional knowledge and technical savvy
  • Problem Solving : Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn't stop at the first answers
  • Drives for Results : Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; relentless focus on execution; steadfastly pushes self and others for results.
  • COMPENSATION AND BENEFITS

    This position is eligible to earn a base salary in the range of $55,00.00 to $70,000.00 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

    Please click here for a list of benefits for which this position is eligible.

    Job Posting Expiration Date : 02 / 23 / 2025

    KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

    Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

    Salary : $5,500 - $70,000

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Procurement Analyst?

    Sign up to receive alerts about other jobs on the Procurement Analyst career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $68,535 - $86,445
    Income Estimation: 
    $85,531 - $109,389
    Income Estimation: 
    $89,042 - $103,997
    Income Estimation: 
    $124,474 - $163,715
    Income Estimation: 
    $179,302 - $241,703
    Income Estimation: 
    $178,615 - $236,476
    Income Estimation: 
    $56,467 - $87,446
    Income Estimation: 
    $155,241 - $208,293
    Income Estimation: 
    $130,764 - $217,954
    Income Estimation: 
    $80,618 - $113,300
    Income Estimation: 
    $72,457 - $92,938
    Income Estimation: 
    $155,241 - $208,293
    Income Estimation: 
    $86,776 - $120,837
    Income Estimation: 
    $56,467 - $87,446
    Income Estimation: 
    $59,669 - $78,922
    Income Estimation: 
    $155,241 - $208,293
    Income Estimation: 
    $72,457 - $92,938
    Income Estimation: 
    $56,467 - $87,446
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Key Bank

    Key Bank
    Hired Organization Address Portland, OR Full Time
    Location : 1211 SW Fifth Avenue - Portland, Oregon 97204 Job Description Summary ABOUT THE JOB (JOB BRIEF) : This indivi...
    Key Bank
    Hired Organization Address Cleveland, OH Full Time
    Location : 4910 Tiedeman Road - Brooklyn, Ohio 44144 About the Job : Work at the direction of the Marketing Manager & Sr...
    Key Bank
    Hired Organization Address Cleveland, OH Full Time
    Location : 4224 Ridge Lea Road - Amherst, New York 14226 At KeyBank we are looking for passionate team members with a de...
    Key Bank
    Hired Organization Address Cleveland, OH Full Time
    Location : 4910 Tiedeman Road - Brooklyn, Ohio 44144 Seeking a skilled Salesforce Data Architect to design and implement...

    Not the job you're looking for? Here are some other Procurement Analyst jobs in the Cleveland, OH area that may be a better fit.

    Procurement Analyst

    Flynn Restaurant Group, Independence, OH

    Procurement Analyst

    Flynn Group, Independence, OH

    AI Assistant is available now!

    Feel free to start your new journey!