IT Procurement Analyst

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships.  We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

The Procurement Analyst is responsible for day-to-day operations of all IT Procurement activity related to technology hardware, software and services.  This consists of managing requests, purchasing process/lifecycle, vendor relations, negotiations, product research, pricing and vendor alternatives.  The individual works closely with the technology teams and outside vendors to understand the needs of our organization and ensure we achieve our supply goals in a timely manner. The individual presents solutions for IT purchasing practices and offers cost savings/avoidance suggestions.

Responsibilities include: 

Sourcing/Vendor Management:

• Gathering and preparing documents like quotes, proposals and purchase terms and conditions from suppliers and presenting to management and stakeholders in a clear and concise format.
• Establish and build strong relationships with suppliers to evaluate and secure the best prices and favorable terms for BBH according to key business criteria.
• Analyze and monitor supplier performance and resolve issues and concerns with a goal of vendor consolidation and optimization.
• Stay up to date on industry trends and new products and support stakeholders with the development and implementation of sourcing strategies.
• Compare available goods with industry trends to determine appropriate pricing. 
• Proactively present opportunities for cost savings and efficiency gains.
• Researching and identifying prospective suppliers.
• Collaborating with internal technology teams to ensure a strong understanding of the desired business goals.
• Regular maintenance of all internal applications/tools used to track status of new requests, renewals, orders and purchasing metrics including cost savings.

Purchasing Operations:

• Purchase goods or services that meet the quantity and quality expectations of the organization.
• Order Tracking, monitoring of ETAs and follow thru to confirmed delivery of goods/services.
• Serve as a Subject Matter Expert for the e-Procurement application and provide end user training and guidance as needed.
• Assist with maintenance of the P2P system item catalog on a regular cadence to ensure up to date pricing and avoid product obsolescence.
• Understand and uphold the IT Purchasing Strategies, processes and procedures for procuring all hardware, software and IT services.
• Ensure compliance with all IT Procurement & Leasing practices and Vendor Risk Management and onboarding that is required for net new purchases or renewals.
• Address internal customer questions/issues related to the daily purchasing activities and escalate as needed.
• Assess gaps, trends and challenges and escalate to management with client focused solutions.

Technology Leasing:

• Assist with IT Leasing program as applicable and assigned, including preparation of lease bids, reconciliation of leases and assistance with end of lease management.

Desired Qualifications:

• BA/BS in Business, Finance, Logistics, Supply Management or equivalent
• 1 to 3 years of experience in Technology Procurement and/or Vendor Management
• Excellent communication, interpersonal and negotiation skills
• Good working knowledge of purchasing strategies
• Anaytical thinking and problem-solving skills
• Strong computer and technical skills to effectively conduct research on potential suppliers and ability to maintain the products in the BBH P2P system.
• Strong strategic skills for vendor negotiations to secure the best quality products with suppliers at reasonable prices.
• Strong verbal and written communication skills.  The individual must use these skills to determine the product needs and to create constructive relationships with vendors and internal stakeholders.  Must be comfortable communicating with a wide spectrum of individuals of all levels of the organization that have varying degrees of technical procurement understanding.
• Strong creative thinking and collaboration skills are required to improve gaps and challenges across teams.
• The candidate should be detail oriented, organized and possess the ability to prioritize in a fast-paced environment with shifting priorities.
• Able to perform well in a team environment.
• Able to think analytically and resolve problems.
• Understands IT hardware and software terminology.
• The ability to plan, delegate and evaluate progress toward goals is necessary for managing these projects

   

Salary Range

Boston: $65,000 - $90,000 salary + annual performance bonus

BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being. 

 

We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.

About BBH:

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.

We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another. 

We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation.  As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.

Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.