Visa Hiring: Associate Sourcing Analyst | 2024

• Job Title: Associate Sourcing Analyst
• Location: Bengaluru
• Company: Visa
• Qualifications: Bachelor’s degree
• Experience: 0-3 Years
• Employment Type: Full Time

About Visa:

Visa is a worldwide leader in digital payments, facilitating more than 215 billion transactions every year. We are at the leading edge of shaping the destiny of commerce with our modern payment solutions and cutting-edge era. Our dedication to fostering several inclusive surroundings allows us to attract top expertise and supply services and products that empower people, corporations, and economies globally. Join Visa, and be part of a dynamic crew committed to growing a distinction in the world of payments.

Job Description:

We are searching for an inspired and detail-oriented Associate Sourcing Analyst to join our dynamic Sourcing and Procurement organization. As an Associate Sourcing Analyst, you may play a crucial position in assisting Visa’s international procurement techniques and, ensuring the green and cost-effective acquisition of products and services. This function gives a great possibility to develop your analytical abilities, benefit from exposure to the procurement method, and contribute to the fulfillment of our sourcing tasks.

Associate Sourcing Analyst Responsibilities:

1.Support Sourcing Activities:

• Assist in the development and execution of sourcing techniques that align with Visa’s procurement dreams.
• Collaborate with senior sourcing analysts and class managers to gather and have a look at information, come to be privy to rate-saving opportunities, and mitigate risks.
• Participate in supplier preference strategies, which consist of making prepared RFQs/RFPs, evaluating issuer proposals, and sporting out provider negotiations.

2.Data Analysis and Reporting:

• Collect, observe, and interpret procurement information to provide insights that energy selection-making.
• Prepare positive critiques and shows to communicate findings, tendencies, and pointers to internal stakeholders.
• Maintain correct and up-to-date statistics of sourcing sports activities, provider typical performance, and agreement compliance.

3.Supplier Relationship Management:

• Assist in coping with relationships with key companies to ensure alignment with Visa’s great, rate, and transport expectations.
• Monitor dealer regular overall performance and collaborate with internal corporations to cope with any problems or opportunities for development.
• Support the onboarding of the latest providers and ensure compliance with Visa’s requirements and guidelines.

4.Process Improvement:

• Identify possibilities to streamline sourcing techniques and decorate overall performance in the procurement function.
• Participate in move-purposeful projects aimed at enhancing procurement structures, systems, and methodologies.
• Stay knowledgeable about organization traits, market conditions, and first-class practices in sourcing and procurement.

5.Compliance and Risk Management:

• Ensure adherence to Visa’s procurement guidelines, techniques, and moral requirements in all sourcing sports sports.
• Assist in managing procurement risks with the resource of conducting supplier hazard assessments and imposing suitable mitigation strategies.
• Support inner audits and contribute to the non-prevent improvement of procurement compliance practices.

6.Collaboration and Stakeholder Engagement:

• Work carefully with several internal agencies, collectively with finance, legal, and operations, to align sourcing strategies with organization goals.
• Act as a liaison between the procurement organization and splendid departments to facilitate effective communication and collaboration.
• Provide help to senior sourcing analysts in stakeholder control and engagement sports activities.

Educational Background:

• Bachelor’s degree in Business, Supply Chain Management, Finance, Economics, or an associated situation.
• Advanced expertise in Microsoft Excel and PowerPoint.

Experience:

• 1-3 years of experience in sourcing, procurement, deliver chain control, or an associated analytical feature.
• Experience with e-sourcing equipment and procurement structures is a plus.
• Familiarity with supplier courting manipulation and agreement control approaches is relevant.

Skills and Abilities:

• Strong analytical and hassle-solving talents, with an eager eye for detail.
• Excellent communique and interpersonal abilities, with the functionality to work collaboratively in a group-orientated environment.
• Ability to manipulate multiple priorities and meet closing dates in brief-paced, dynamic surroundings.
• Self-triggered and proactive, with a determination to prevent learning and expert improvement.
• Demonstrated capacity to comply with changing market conditions and enterprise desires.

Why Visa?

At Visa, you’ll have the opportunity to work with a number of the brightest minds in the organization. We offer a collaborative and inclusive work environment that encourages innovation and fosters a professional boom. Our comprehensive benefits bundle deal includes fitness, dental, imaginative and prescient insurance, a retirement financial savings plan, paid time without work, and several nicely-being applications.

If you are obsessed with sourcing and procurement and need to be part of a business enterprise that is shaping the destiny of bills, we inspire you to apply for the Associate Sourcing Analyst function. Join Visa and take the following step in your career with an international chief in virtual payments.

Apply Now

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