Group Overview
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.
Role Overview
The role will be focused on delivering a functional end to end procurement process from supplier onboarding, third party risk management, contract administration, supplier governance and supplier performance management in line with contractual stipulations include dispute resolution. The role holder will also be responsible for the maintenance and administration of the contract depository including ensuring category management and the procurement sourcing office upload all necessary contract documentation and advise accordingly on termination events. The role will also act as support to the broader Procurement team with Sourcing activities and business analytics.
Role Responsibilities
Procurement Supplier Management Supplier onboarding, Governance and Third Party due diligence
- Support initial / ongoing due diligence on third parties with Business service owners (regulatory compliance of contracts, risk monitoring, efficiency of monitoring systems, UK Modern Slavery Act, Cloud Outsourcing, etc.) to ensure effective management of third-party risk using established risk management processes both at group and divisional level
- Support the Procurement Buyer team with resolving of PO / PR issues and escalations.
- Identify opportunities to improve systems towards target state and prioritisation to positively influence successful outcomes
- Provide support to the Procurement Efficiency Office with annual recertification of Third Party Risk control attestation and ongoing Third-Party Risk issues as and when required
- Administer and maintain the strategic supplier register including PSLs / Panels and annual supplier recertification thereof
Commercial Contract Management management of assigned suppliers to ensure compliance with all contractual stipulations to ensure that TP ICAP is protected against any value leakage commercial, performance driven and / or regulatory.
- Support sourcing managers with assessment of annual contractual spend baseline including RPI, inflation, merit increases and annualized impact of change requests of assigned contracts
- Drive oversight of contract renewals with Procurement Sourcing Managers and Category Managers, to ensure effective ongoing management
- Support with Critical Supplier Third-Party management and oversight activities, including annual due diligence reassessments, and facilitation of quarterly performance reviews
- Management and administration of quarterly contract spend reconciliations of actuals versus contract baseline
- Calculation and management of all service performance credits and application thereof
- Agreement and administration of all gain share, rebates, service credits and discount programs (if applicable)
- Support Category Management team with contract change management request from inception through to authorisation
- Support Category Management team with contractual change notices to amend contracts following approved change requests
- Tracking of contractual obligations and supplier compliance therewith
- Ongoing commercial and contractual risk assessments for assigned suppliers and contracts
Contract Administration maintenance and administration of contract depository
- Maintenance of contract depository including report generation on key contract meta data accuracy and resolution of data errors.
- Ensure contracts are abstracted correctly and complete by Category Managers and Sourcing Officers into the contract depository
- Run regular contract depository reports to assist Category Management and the Procurement Sourcing Office in managing termination, renewal pipeline creation and category sourcing development
- Advise category management and procurement sourcing office on contract exit stipulations including requirements for data destruction obligation on supplier
- General administration of contract depository including supporting any required updates, modifications to the technology platform.
Procurement support activities general support to broader procurement organisation.
- Provide administration support for onboarding of suppliers on the due diligence technology platform and financial systems
- Support business analytics and MI team with development of MI reports, contract analysis and the like
- Support broader central procurement improvement / innovation programs as and when required.
Communication and Leadership
- Deliver effective updates to key business stakeholders throughout the procurement process
Change, Risk and Issue Management
- Identify and escalate risks as appropriate
- Identify tools and methodologies to improve the effectiveness of the procurement process
Experience / Competences
- Degree educated or significant experience in a supply chain or procurement environment
- Purchase order process and invoice approval management
- Oracle or equivalent system experience
- Experience of a contracts management tool
- Experience of processing medium to high volume purchase orders
- Excellent Microsoft Office skills, in particular Excel
Technical Knowledge In An Area Relevant To Procurement
- Contract management
- Third Party Risk management
- Purchase order process management
- Supplier on boarding
Role Band & Level: Support Level 3/4
#PARAMETA
Not The Perfect Fit
Concerned that you may not meet the criteria precisely At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
Philippines - A.T. Yuchengco Centre - Taguig City
