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Brown Brothers Harriman · 5 days ago

Purchasing Specialist

Boston, MA

Full-time

Onsite

Entry, Mid Level

$65K/yr - $90K/yr

Brown Brothers Harriman is a premier global financial services firm with a 200-year legacy, dedicated to supporting clients and fostering professional growth. They are seeking a Purchasing Specialist to procure goods and services, negotiate with suppliers, and manage vendor relationships to ensure cost-effective and high-quality purchases for business operations.

BankingFinancial ServicesSecurity

H1B Sponsor Likely

Responsibilities

Prepares order request by verifying specifications and price while checking for completeness and clarity; diplomatically instructing requesters on what data is necessary to obtain the best product within the timeframe specified. Obtaining recommendations from suppliers for substitute items (if necessary); ensuring timely approval from requisitioning department

Shops for the best quality sources while maintaining the most cost-effective solution

Obtains and analyzes bids in accordance with established policies and procedures

Prepares purchase orders or other agreements as necessary and check them for accuracy and completeness before issuing

Reviews acknowledgements for agreement with purchase orders and resolve any discrepancies with the supplier to the best possible advantage for BBH

Follows-up or expedites orders as necessary to meet schedules

Verifies receipt of items by comparing items received to items ordered; resolves shipments in error with suppliers

Authorizes payment for purchases by forwarding receiving documentation

Manages relationships with key suppliers to maintain quality of goods, timely delivery and compliance to terms of contracts

Regularly reviews suppliers to ensure quality

Monitors inventory stock levels, making sure to re-order before supplies are depleted

Keeps updated vendor records

Ability to create custom reporting using excel

Keeps the Purchasing Manager informed of all activities or problems and submits reports as requested by management

Follow-up or expedite orders to see that they are delivered as scheduled

Resolve discrepancies or negotiate settlements to the best possible long-term advantage of BBH

Assist other department personnel to determine the most suitable product or service to meet their needs considering the objectives of the entire organization. Creativity and value engineering are vital to this role

Obtain the best source to meet each department’s objectives, to negotiate the most favorable agreement possible, and to prepare the documentation for that agreement in accordance with all laws and so that the agreement protects BBH’s interest

Qualification

Supply ManagementNegotiating pricesMarket researchData analysisMS OfficePurchasing softwareAnalytical mindsetCommunication skillsInterpersonal skillsOrganizational skills

Required

BS/BA in business administration or relevant field

Supply Management, Tracking Budget Expenses, Vendor Relationships, Organization, Customer Service, Documentation Skills, Supply Management, Inventory Methods and Procedures

Demonstrable experience in negotiating prices and terms and conditions

Knowledge of market research, data analysis and purchasing best practices

Working knowledge of MS Office and purchasing software (e.g. SpendMap, Basware Procureit)

Excellent communication and interpersonal skills

A strong analytical mindset

Outstanding organizational skills

Ability to work with a minimum amount of direction or supervision

Benefits

High-quality benefits program emphasizing good health, financial security, and peace of mind.

Opportunities to grow your expertise, take on new challenges, and reinvent yourself—without leaving the firm.

Volunteer opportunities to give back to your community and help transform the lives of others.

Company

Brown Brothers Harriman

Glassdoor3.7

Brown Brothers Harriman is an American partnership bank that offers a range of international investment and banking services.

Founded in 1995

New York, New York, USA

5001-10000 employees

http://www.bbh.com

H1B Sponsorship

Brown Brothers Harriman has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (22)

2024 (16)

2023 (18)

2022 (23)

2021 (15)

2020 (10)