Job Description:
About DWS:
Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.
Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.
We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.
As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
This is your chance to invest in your future.
Read more about DWS and who we are here .
Team / division overview
The Sourcing Contract Specialist reports to the relevant Head of Category and performs activities such as contract negotiation, contract finalization, and amendments to contracts related to the legal terms and conditions of supplier contracts. They liaise closely with Procurement colleagues, business stakeholders, and suppliers, as relevant. The Sourcing Contract Specialist will support the setup and management of the entire contract lifecycle, from initiation to execution, and electronic storage. They will work with the Legal function regarding utilization and updates to standard contract templates. The Sourcing Contract Specialist also supports the sourcing process working with Category Management colleagues and stakeholders to produce and evaluate RFP’s (Request For Proposal) from suppliers in accordance with our policies and procedures.
Key Responsibilities:
Contract Management:
- Support Negotiation, finalising, and amending contracts related to sourcing.
- Liaise with Procurement, business stakeholders, and suppliers.
- Ensure compliance with legal terms and conditions.
- Contract Lifecycle Management:
- Support the setup and management of the entire contract lifecycle.
- Work with the Legal function on standard contract templates.
- Ensure electronic storage of contracts.
Sourcing Process Adherence:
- Follow and adhere to the sourcing process and relevant policies.
Manage and Execute RFP Process:
- Manage and execute the RFP (Request For Proposal) process in the Ariba system.
- Prepare documentation of requirements and questions for vendors.
- Obtain responses and evaluate them with stakeholders.
Produce Analysis and Reports:
- Produce analysis and reports on trends in category spend.
- Identify opportunities for improvements.
Maintain and Update Category Management Information:
- Maintain and update Category Management information in SharePoint/Intranet.
- Describe processes and guide stakeholders.
Key Skills & Experience
- Bachelor’s degree holder in Accounting, Finance, Law, Business Administration or any related course and preferably with Procurement qualification such as CIPS (Chartered Institute of Purchasing & Supply)
- Proven experience in Procurement, Sourcing and/or Contract Management
- Analytical and problem solving skills combined with excellent written and verbal communication skills
- Knowledgeable in Procurement sourcing systems especially Ariba
- Amenable to midshaft schedule (2pm to 11pm)
What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS you’ll have access to a range of benefits including, but not limited, to the below:
A hybrid working model, allowing for in-office / work from home flexibility, comprehensive leave policy, personal and volunteer days.
Competitive compensation packages including health and wellbeing benefits.
Access to best in class trainings, in role development and career progression opportunities.
If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and our recruitment team will discuss options with you.
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