The Assistant Manager - Operations focuses on sourcing strategies for commodities, managing procurement requests, ensuring compliance and quality, and fostering vendor and stakeholder relationships for effective operations.
Description and Requirements
• The primary role of Sourcing TL is sourcing of commodities like IT, Facilities, Professional Services etc.
• Ensure that the assigned targets are met in accordance with SLA and Internal standards.
• Ensure that the quality of transaction is in compliance with predefined parameters
• Ensure adherence to established attendance schedules.
• Work with the internal customers to ensure their business requirements are driven using effective sourcing strategies while working with stake holders, internal departments and U.S. suppliers.
• Utilize U.S. market analysis to identify industry best practices and incorporate them into the sourcing strategy.
• Manage sourcing requests submitted through Zip and Ariba that meet all objective eligibility criteria, including Renewals, extensions, or amendments valued below $500K and Net-new engagements or commercial reviews below $100K (case dependent)
• Conduct sourcing review and processing of low-risk procurement activities within Zip and Ariba e.g. request details validation, review and supporting documentation validation e.g. SOW, order forms, validation of commercial alignment with existing Master agreement, prior SOWs or established benchmarks
• Vendor & Stakeholder Coordination e.g. obtain missing, incomplete or correct documents and act as a primary point of contact between vendors and internal stakeholders
• Commercial Review & Negotiation e.g. ensuring pricing consistency with historical rates or benchmark data Risk Identification & Escalation
• Identify and escalate risks to the Procurement Partner Lead e.g. non-standard pricing structures, commercial terms etc
• Pre-Contracting & Close-Out Activities e.g. ACR submission, Sourcing savings documentation in Zip, upload of executed contracts
• Communication, Documentation & Audit Readiness
• Implement programs to shift demand to new suppliers and/or new processes.
• Identify sourcing opportunities through use of reporting tools and leveraging internal customer relationships.
Any other essential function that may occur from time to time as directed by the Supervisor.
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
• The primary role of Sourcing TL is sourcing of commodities like IT, Facilities, Professional Services etc.
• Ensure that the assigned targets are met in accordance with SLA and Internal standards.
• Ensure that the quality of transaction is in compliance with predefined parameters
• Ensure adherence to established attendance schedules.
• Work with the internal customers to ensure their business requirements are driven using effective sourcing strategies while working with stake holders, internal departments and U.S. suppliers.
• Utilize U.S. market analysis to identify industry best practices and incorporate them into the sourcing strategy.
• Manage sourcing requests submitted through Zip and Ariba that meet all objective eligibility criteria, including Renewals, extensions, or amendments valued below $500K and Net-new engagements or commercial reviews below $100K (case dependent)
• Conduct sourcing review and processing of low-risk procurement activities within Zip and Ariba e.g. request details validation, review and supporting documentation validation e.g. SOW, order forms, validation of commercial alignment with existing Master agreement, prior SOWs or established benchmarks
• Vendor & Stakeholder Coordination e.g. obtain missing, incomplete or correct documents and act as a primary point of contact between vendors and internal stakeholders
• Commercial Review & Negotiation e.g. ensuring pricing consistency with historical rates or benchmark data Risk Identification & Escalation
• Identify and escalate risks to the Procurement Partner Lead e.g. non-standard pricing structures, commercial terms etc
• Pre-Contracting & Close-Out Activities e.g. ACR submission, Sourcing savings documentation in Zip, upload of executed contracts
• Communication, Documentation & Audit Readiness
• Implement programs to shift demand to new suppliers and/or new processes.
• Identify sourcing opportunities through use of reporting tools and leveraging internal customer relationships.
Any other essential function that may occur from time to time as directed by the Supervisor.
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
MetLife Mahārāshtra, IND Office
MetLife Pune, IN Office
EON West LP-II, 2nd & 3rd Floor, Tower D, S.no. 106(P), 107(P), 108(P)/1, Maharashtra, India, 411057
Similar Jobs at MetLife
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
The Assistant Manager - Operations is responsible for overseeing finance-related tasks, managing projects, and ensuring effective communication within teams. They should have expertise in financial tools and excellent analytical skills while being flexible during month-end cycles.
Top Skills:
HfmHyperionExcelPeoplesoftSmartview
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
The Operations Manager prepares various financial reports and reconciliations, partners with teams on data management, and ensures compliance with investment reporting standards.
Top Skills:
ExcelUs Gaap
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
The Unit Manager oversees teams to ensure service level agreements are met, provides feedback and coaching to improve performance, handles escalations, and manages talent development and compliance with policies.
What you need to know about the Pune Tech Scene
Once a far-out concept, AI is now a tangible force reshaping industries and economies worldwide. While its adoption will automate some roles, AI has created more jobs than it has displaced, with an expected 97 million new roles to be created in the coming years. This is especially true in cities like Pune, which is emerging as a hub for companies eager to leverage this technology to develop solutions that simplify and improve lives in sectors such as education, healthcare, finance, e-commerce and more.
