Boston Consulting Group (BCG)
Website:
bcg.com
Job details:
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
The EP&P Associate, Supplier Risk Screening will primarily support the Enterprise Procurement & Payables organization by delivering global supplier risk screening, and executing Data Privacy Agreements of the requested suppliers, as a part of Enterprise Procurement & Payables based out in New Delhi. Reporting to the EP&P Supplier Risk Screening Manager, you will ensure systems and process are updated to accelerate value proposition for the company.
- Process the supplier risk screening requests and act as the EP&P supplier risk screening point of contact for the same.
- Support the supplier screening process providing time zone, language and local office coverage for all supplier and business issues.
- Be the point of contact for and resolve all supplier risk screening enquiries, building and maintaining relationships whilst being sensitive to local requirements.
- Complete the due diligence checks (Sanctions, PEP, Adverse Media News, Anti Bribery and Corruption checks (ABC), financial, reputational, legal, etc.) by looking into various databases, search engines, risk tools and assess the risk and recommend mitigation plan.
- Manage/collect/load all necessary information for suppliers e.g. regulatory/compliance /tax/legal information in the system [including the necessary stakeholders follow ups to secure compliance].
- Ensure a strong governance mechanism is in place for effective supplier on boarding including risk attributes gathering, due diligence checks and risk assessment.
- Act as a control point to ensure good stewardship and compliance to the supplier screening process, being vigilant for and escalating potential fraud activity, or risk concerns.
- Adhere to the SLA for various operations activities to be undertaken by supplier risk screening service line.
- Ensure accuracy and timeliness of completion for all supplier risk screening support tickets/incidents and escalations routed to EP&P Supplier Risk Screening.
- Collaborate with Data Privacy Office, Information Security Team, Legal, Supplier Relationship Officer and supplier to execute relevant data processing agreements.
The successful candidate will have expertise in all procurement operational processes related to supplier due diligence and supplier risk screening, relationship building, and sensitivity to local requirements. He or she must possess a very high level of self-motivation/drive, persistency, resourcefulness, and a willingness to facilitate change.
The EP&P Analyst will primarily support the EP&P Supplier Risk Screening operations covering all
gamut of supplier risk activities including all types of supplier risk screening checks, follow up diligence, connecting with business for risk assessment and ensuring systems and processes are updated to accelerate value proposition for the company.
YOU’RE GOOD AT
- Highly self-motivated with the ability to drive change in a global organization with minimum supervision.
- Strong Stakeholder Management skills.
- Service-oriented, anticipates the needs of others and work proactively to seek opportunities to support others
- Convey a strong positive personal and professional image with excellent standards of professional behavior and ethics
- Team player, highly motivated, energetic, resourceful and friendly
- Timely, flexible and able to work under pressure
- Demonstrates accountability and ownership, good judgement and reaches sound conclusions
- Highly organized, detail-oriented and able to handle multiple projects
- High level of initiative and resourcefulness
- Comfort with ambiguity and iterative process
What You'll Bring
- University degree or equivalent
- 1-3 years of experience preferably in a service center, doing due diligence, risk assessment, running procurement operations or procurement consulting
- In-depth knowledge of end to end supplier risk management processes including Anti-bribery and corruption and due diligence checks
- Understanding of due diligence tools like D&B, LexisNexis, Refinitiv etc.
- Excellent interpersonal skills and oral and written communication skills with experience of managing multi geographies across time-zones
- Proficiency in Microsoft suite (Word, Excel, and PowerPoint)
- Global Experience within the professional services industry in procurement or related function
- Excellent organizational skills, ability to set priorities, attention to details and tenacious with follow-ups
Who You'll Work With
BCG spends ~$1.3Bn on goods and services across the firm globally. Global Procurement is BCG's in-house central procurement function, which supports the organization and our offices with operational and strategic procurement. Global Procurement has generated material value from our suppliers, reduced risk and delivered cost savings to BCG over the past 5 years.
We continue our transformation to define and implement strategies, organization, systems and policies to create a sustainable operating model. BCG is a highly matrixed firm where purchasing decisions are often taken at the local level, therefore this transformation will be carried out with high levels of stakeholder engagement, alignment and collaboration. Our team is located in various regions (London, Boston, New Delhi and Munich) and we work very closely with each other. We learn from, and challenge each other daily.
Additional info
At BCG, our people and relationships are at the heart of everything we do. We believe that in-person collaboration plays an important role in our culture, mentorship, and professional development.
For this role, you will generally be expected to work from a BCG office or in person with clients on a regular basis (typically around 50% of working time), depending on business needs and in line with local policies and practices.
We aim to provide a dynamic and collaborative environment that fosters connection and teamwork.
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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