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Procurement Analyst

AT Tradeweb
Tradeweb

Procurement Analyst

Hinganghāt, India

Company Description

Tradeweb Markets is a world leader in the evolution of electronic trading. A fintech company serving approximately 2,500 clients - including the world's largest banks, asset managers, hedge funds, insurance companies, wealth managers and retail clients -- in more than 65 countries across the globe. Since our first trade in 1998, we have helped transform and electrify the fixed income markets. Tradeweb is a culture built on innovation, creativity and collaboration. Through a combination of very talented and driven people, innovative products and solutions, cutting-edge technology, market data, and a vast network of clients, we continue to work together to improve the way financial markets trade.

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Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.
https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

Group Details

The procurement team identifies goods or services an organization needs and develops a strategy to acquire them to support to Tradeweb's business globally. The team's primary responsibilities are ensuring fair and unbiased selection of vendors, negotiating the best pricing and ensuring the purchasing policies are appropriately adhered to. The group is constantly evolving along with the business needs and looking for a strong candidate to grow within the Finance division at Tradeweb.

This position will support all aspects of the Procurement function including Purchase Requisition processing, Procurement inquiries and month end closing activities. In addition to the traditional transactional duties, this person will be a pivotal player in the company's ongoing digital transformation projects. The role will partner with other finance teams to optimize / automate current processes, strengthen existing control procedures, and assist in implementing finance transformation initiatives.

Job Responsibilities

  • Leverage negotiation expertise and analytical skills to evaluate supplier proposals effectively.
  • Manage the end-to-end procurement process, ensuring seamless coordination from spend request initiation to final approval, working closely with internal and external stakeholders.
  • Review and assess contracts from a commercial perspective, identifying key areas for negotiation and improvement.
  • Act as a trusted business partner, driving cost savings, mitigating risk, ensuring compliance, and fostering sustainable growth.
  • Lead and participate in process improvement initiatives, including enhancements to ERP systems and procurement workflows.
  • Collaborate with finance operations and technology teams to automate manual procurement processes and implement systematic workflows.
  • Oversee timely and accurate coding and processing of purchase requisitions across all Tradeweb entities globally.
  • Demonstrate expertise in the Procure-to-Pay (P2P) process, including the creation and management of purchase orders and requisitions.
  • Partner with business owners to secure required approvals and gain a deeper understanding of procurement-related expenses.
  • Build an better understanding of the P2P process to support the AP team in utilization of the purchase orders being created
  • Thrive in a fast-paced environment, adapting to evolving business needs and priorities.

Qualifications

  • BA/BS degree or equivalent in Finance, Accounting, IT or related field.
  • 7+ years working within a P2P team, preferably in a high-volume environment.
  • Experience with Procurement functionality of ERP systems; Oracle Cloud Fusion knowledge is preferred.
  • Experience working with the processing of purchase requisitions.
  • Advanced Excel skills with the ability to present financial information clearly and concisely.
  • Working understanding of automation processes including Alteryx, Tableau and other analysis tools a plus.
  • Project management skills with proven ability to meet deadlines, deliver results and manage multiple tasks without compromising on quality.
  • Drive to continuously improve, build and re-engineer processes.
  • Excellent attention to detail with a strong sense of ownership.
  • Strong communication skills both written and verbal.

Client-provided location(s): India
Job ID: tradeweb-301357
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Long-Term Disability
    • FSA
    • Fitness Subsidies
    • Pet Insurance
    • Mental Health Benefits
    • Short-Term Disability
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Happy Hours
    • Snacks
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
    • Summer Fridays
  • Financial and Retirement

    • 401(K)
    • Performance Bonus
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Tradeweb.