Procurement Analyst

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state. The NYISO’s Procurement Department invites applications for a full-time Procurement Analyst. The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future. The NYISO’s Finance department invites applications for a full-time Procurement Analyst. **POSITION SUMMARY** Administers and executes the NYISO’s procurement policies, procedures, contracting activities, and sourcing initiatives across the full procurement lifecycle for low to moderately complex procurements. Serves as a procurement partner to departmental stakeholders by developing sourcing approaches, leading competitive bids, conducting market research, supporting contract development and negotiations, and managing vendor relationships. Collaborates with business stakeholders, Legal, Enterprise Security Governance, Enterprise Architecture, and other subject matter experts to identify business requirements, evaluate suppliers, mitigate risk, and ensure compliance with procurement policies, internal controls, cybersecurity requirements, and NYISO tariff obligations. Supports cost savings initiatives through strategic sourcing, competitive procurement practices, vendor management, and data-driven decision making while maintaining complete procurement documentation. **ESSENTIAL DUTIES and RESPONSIBILITIES** **Procurement Planning & Sourcing** - Collaborate with the departmental representatives in developing sourcing, contracting, and procurement strategies for low to moderate complexity procurements, ensuring alignment with NYISO procurement policies and business objectives. - Manage end-to-end procurement lifecycle activities for tactical purchases, including goods, renewals, and service engagements, while meeting internal deadlines. - Lead the development and administration of competitive procurement events, including Requests for Information (RFIs), Requests for Quotations (RFQs), and Requests for Proposals (RFPs). Partner with business stakeholders to define procurement strategies, guide development of solicitation requirements, establish evaluation methodologies, and manage the sourcing process through vendor selection and contract award. - Perform market research on products, services, and potential suppliers to identify sourcing opportunities, foster competition, and support informed procurement decisions. - Develop procurement recommendations, sole/single source justifications, and supporting analyses for management and executive leadership review and approval. **Contracting & Negotiation** - Collaborate with business stakeholders, Legal, and other subject matter experts in the development and refinement of Statements of Work (SOWs). - Partner with Legal and business stakeholders to review, develop, and negotiate Master Agreements, Vendor Service Agreements, License Agreements, Amendments, Statements of Work, Non-Disclosure Agreements, and other contractual documents to ensure appropriate commercial terms, risk mitigation, and compliance with NYISO policies and standards. - Negotiate commercial terms and conditions, including pricing, discounts, payment terms, insurance requirements, service levels, and other contractual provisions while collaborating with Legal, departmental representatives, and Procurement leadership. **Compliance & Risk Management** - Conduct supplier due diligence and risk assessments, including evaluation of financial stability, performance capability, and compliance with organizational standards. - Identify, assess, and mitigate procurement-related risks, including supplier, contractual, and operational risks. - Partner with Enterprise Security Gover…