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Sr. Analyst- Procurement - Risk & Governance

Company: Kraft-Heinz
Location: Chicago
Posted on: April 2, 2024

Job Description:

General information

All posting locations: Chicago, Illinois, United States of America

Job Function: 02 - Procurement

Date Published: 06-Mar-2024

Ref #: R-80093

Description & Requirements

Job Purpose

As the Sr. Analyst Procurement - Risk & Governance, you will assist the North American Procurement team to improve and standardize how supplier risk is measured and interpreted. Your responsibilities include assessing supplier risks, developing risk mitigation strategies, ensuring compliance policies, and enhancing overall governance frameworks. Collaborate with cross-functional teams, analyze trends, and implement robust risk assessment tools to optimize procurement processes and safeguard Kraft Heinz's interests. You will collaborate with our digital procurement area to embed third-party risk management (TPRM) practices as a component of our digital roadmap. You will support improving the quality and accessibility of risk intelligence solutions across our NA team to help make informed decisions with our business partners.

Essential Functions & Responsibilities

  • Risk Assessment: Conduct comprehensive assessments of supplier risks, evaluating financial, Cybersecurity, Compliance, Reputational, Environmental, Geopolitical, Data Privacy, and other risk category issues to advise procurement decisions. Identify potential risks within the procurement process, conduct analyses, and develop strategies to mitigate and supervise risks optimally.
  • Governance: Develop, support, and implement governance frameworks, ensuring adherence to procurement policies, regulatory requirements, and ethical standards. Supervise and implement compliance with procurement policies, mitigating risks due to non-compliance. Develop and update procurement policies, ensuring they are aligned with Kraft Heinz standards and objectives.
  • Data Analytics and Insights: Use data analytics to identify trends, assess supplier risks, and proactively address risks within the processes. Setting guardrails around risk management and supporting a risk-driven attitude is key to decision-making. Using data sets to analyze to provide actionable insights and recommendations for optimization. Capture, extract, integrate, analyze, and synthesize data from various sources, business domains, and tools and convert that to valuable information that can be used to measure impact, identify risks, and highlight areas of improvement. Contributes to advancing risk management knowledge, governance, and risk-driven principles across the organization.
  • Collaboration & Communication: Collaborate with cross-function teams, communicate effectively with partners, and assess procurement-related risks to support informed decision-making. Assist cross-functional teams and partners in implementing corrective actions. Provide training and mentorship to procurement teams on risk management practices, ensuring a comprehensive understanding of governance principles and compliance requirements. Generate regular reports on procurement risk management and governance activities, Ensure effective adoption and utilization of risk & governance framework across the NAZ procurement. Demonstrates effective verbal, written, and listening communication skills. Uses and adjusts style and technique to assist group process and understanding. Be a storyteller to translate the data into a cohesive, compelling story/business case that highlights issues and opportunities for the company.

    Expected Experience & Required Skills
    • Hold a bachelor's in business, Supply Chain, Finance, or a related field or possess a combination of equivalent experience. A master's degree or professional procurement or risk management certification is highly desired.
    • Possess 4 + years of progressively responsible experience in procurement, with focus on risk management and governance.
    • Detailed understanding of procurement process, proven expertise in identifying, analyzing, and mitigating risks associated with procurement. Solid understanding of governance frameworks and their application in procurement. Experience in establishing and maintaining compliance with policies and regulations.
    • Experience driving continuous improvement initiatives within procurement, optimizing processes, and implementing and improving processes.
    • Project management and solid analytical, consultative, and diagnostic skills. Prior experience with case development and multi-workstream project management is vital to success in this role.
    • Excellent verbal and written communication skills, including presenting sophisticated information clearly and concisely.
    • Sophisticated user of MS Office Suite (Word, Excel, PowerPoint, and Outlook).

      About Us

      Kraft Heinz is a global food company with a delicious heritage. With iconic and emerging food and beverage brands around the world, we deliver the best taste, fun and quality to every meal table we touch. We're on a mission to disrupt not only our own business, but the global food industry. A consumer obsession and unexpected partnerships fuel our progress as we drive innovation across every part of our company.

      Around the world, our people are connected by a culture of ownership, agility and endless curiosity. We also believe in being good humans, who are working to improve our company, communities, and planet. We're proud of where we've been - and even more thrilled about where we're headed - as we nourish the world and lead the future of food.

      Why Us

      We grow our people to grow our business. We champion great people who bring ambition, curiosity, and high performance to the table as the guardians of our beloved and nostalgic brands. Good isn't good enough. We choose greatness every day by challenging the ordinary and making bold decisions. All while celebrating our wins - and our failures - as we work together to lead the future of food.

      Challenging the status quo takes talent. We invest in your purpose and potential by developing skills and nurturing strengths that leave a legacy on our business and a lasting impact on your career. Because great people make great companies, and we're growing something great here at Kraft Heinz.

      Office Collaboration & Hybrid Work Environment

      We believe our office environment fuels our collaboration, connection & community as an organization and allows our employees to grow toward greatness. We also believe providing a more flexible and agile model is essential in today's workplace. A majority of our office-based employees will be able to work remotely for up to two days each week. Additionally, employees who are subject to this hybrid model will be eligible to work from anywhere for up to six weeks in a rolling 12-month period (in maximum two-week increments and according to benefits and tax guidelines). Some jobs may be required to be performed fully in office depending on the role's responsibilities and requirements.

      Kraft Heinz is an Equal Opportunity Employer that prohibits discrimination or harassment of any type. All qualified applicants are considered for employment without regard to race, color, national origin, age, sex, sexual orientation, gender, gender identity or expression, disability status, protected veteran status, or any other characteristic protected by law. Applicants who require an accommodation to participate in the job application or hiring process should contact

Keywords: Kraft-Heinz, Chicago , Sr. Analyst- Procurement - Risk & Governance, Professions , Chicago, Illinois

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