Associate, Procurement

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WHO WE ARE

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm.  Revantage provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies.  Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

 

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.

 

WHAT WE VALUE: OUR CULTURE

Creating a culture that inspires change and momentum require the right team.  We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry.  The culture at Revantage is built on our shared core values and commitment to be:

 

  • Leaders - We commit to continuously improve our performance.
  • Learners – We learn from our challenges and successes.
  • Achievers – We expect high standards for ourselves and enable the success of our teams.
  • Enthusiasts - We face challenges with optimism and believe anything is possible.
  • Partners - We deliver value and positive impact to our partners.

 

WHY THIS ROLE IS VALUABLE

The Associate, Procurement is a key role that reports to the Vice President, Procurement.  This role is responsible for developing and leading strategic procurement strategies and initiatives to optimize portfolio spend as well as managing key supplier relationships and project execution. This position may be fully remote.

 

HOW YOU ADD VALUE

 

Strategic Sourcing and Financial Analysis

  • Responsible for conducting spend analysis on suppliers and categories to identify procurement value levers, execute competitive RFI’s/RFPs and lead supplier negotiations.
  • Leverage eProcurement technology platforms where appropriate using Blackstone’s shared services sourcing center.
  • Support performance/savings tracking processes across the portfolio companies
  • Participate in special infrastructure-building projects as needed.
  • Conduct business analysis to understand opportunities to improve efficiency, reduce waste and decrease overhead by optimizing our use of resources, leveraging technology to increase velocity, and improving overall efficiency.
  • Provide analysis to support strategic procurement process and develop and manage plans to ensure successful execution of strategy.

Change Management & Vendor Implementation

  • Lead vendor change management process across portfolio companies.
  • Develop and program manage implementation projects to ensure procurement benefits are fully realized.
  • Global design and process support across strategic initiatives with portfolio companies.
  • Create internal and external collaboration and synergies across portfolio companies.
  • Implement change management processes to help facilitate vendor transformations and procurement process improvements.

  Technology Vendor Support

  • Support technology vendor management, sourcing, and re-design for Revantage and portfolio company technology organizations.
  • Provide advisory and best practice vendor support to portfolio technology groups.

 

WHAT YOU BRING TO THE ROLE

Required:

  • Bachelor’s Degree in business, engineering, sourcing, finance, technology, or related field
  • Minimum 5 years of Procurement, Sourcing, or Project & Process improvement experience
  • Demonstrated success working effectively with all levels of an organization
  • Ability to think creatively and outside the box to simplify complex problems and information into easy-to-understand concepts, presentations, and updates for senior management
  • Expert verbal and written communication skills and experience in leading communications strategy
  • Travel will be required and is expected to be 30% on average
  • Proficiency in Microsoft office, and related business intelligence tools
  • Builds and maintains strong stakeholder relationships with key stakeholders internally and externally.
  • Engaging personality that builds team support of projects and goals.
  • Excellent teamwork and collaboration skills; strong listening skills.
  • Demonstrated aptitude for process improvement.

 

PERKS FOR YOU

  • Competitive salary, overall compensation and 401(k)
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefit

 

EEO Statement

Our company is proud to be an equal opportunity employerWe celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected].

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • PHPLanguages
    • PythonLanguages
    • SqlLanguages
    • jQueryLibraries
    • Node.jsFrameworks
    • SparkFrameworks
    • Microsoft SQL ServerDatabases
    • Azure SynapseDatabases
    • SnowflakeDatabases
    • Delta LakeDatabases
    • Google AnalyticsAnalytics
    • AsanaManagement
    • ConfluenceManagement
    • JIRAManagement
    • Microsoft ProjectManagement
    • SmartsheetManagement
    • WordpressCMS
    • NetlifyCMS
    • Constant ContactEmail
    • SendGridEmail
    • PoppuloEmail

Location

Revantage is located in the iconic Willis Tower. The Loop is vibrant & centrally located near some of the city's exciting bars, restaurants and local transit.

An Insider's view of Revantage, a Blackstone Real Estate Portfolio Company

What projects are you most excited about?

I am very excited about onboarding newly supported companies to our data program, representing brand new commercial real estate asset classes within our platform. In addition, seeing our automated Data Ingestion and Reconciliation product maturing and opening new opportunities for Revantage to excel in data processing speed and efficiency.

Kate

Vice President, Data Management & Acquisition

What makes someone successful on your team?

Being a self-directed learner who is always improving themselves, their processes and their customer relationships. Being able to translate complicated concepts and results into business-friendly language—building curiosity, excitement, and trust. Being creative in the use data and an understanding of our customers’ businesses to solve problems.

Richad

Senior Associate Vice President, Data Science

How do you collaborate with other teams in the company?

Technology impacts our entire organization and engages a diverse global team. We focus on building relationships and finding better ways to address our customers’ needs – growing professionally along the way. We are energized by working with great people and participating in meaningful programs—all in a culture that values innovation and curiosity.

Berni

Senior Associate, Technology Engagement

What are Revantage, a Blackstone Real Estate Portfolio Company Perks + Benefits

Revantage, a Blackstone Real Estate Portfolio Company Benefits Overview

At Revantage, culture is paramount. However, a company cannot have a strong company culture without valuing its employees and fostering their wellbeing, success, and personal & professional development. From a generous PTO offering to job training & diversity programs, Revantage’s benefits package serves each employee beyond basic healthcare coverage and we are proud to be Great Place to Work Certified.

Culture
Volunteer in local community
Partners with nonprofits
Revantage works with groups including Genesys Works, Women in Network & SEED D&I Group, A Better Chicago's Covid-19 Relief Fund, and Chicago Westside Homeless
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Employees can work remotely up to two days a week, and if flexibility in hours is needed, that can be arranged with manager.
Remote work program
Revantage lets all employees work remotely up to two days a week .
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Our employees and leaders are given an annual unconscious bias training in order to cultivate a more equitable and diverse workforce.
Diversity employee resource groups
Revantage has several resource groups including Women in Network - an opportunity for women at Revantage to drive their growth, and Grassroots - an employee-led cultural awareness initiative.
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
This account allows you to pay eligible medical, dental and vision expenses with pre-tax dollars. You can contribute up to $2,750 per plan year to this account.
Disability insurance
Short term and long term disability insurance provided by Cigna.
Dental insurance
Revantage covers 100% of dental insurance
Vision insurance
Revantage covers 100% of vision insurance
Health insurance
Employees are eligible to elect medical, dental and vision insurance for themselves and eligible dependents. Coverage is effective on the first day of employment.
Life insurance
Life insurance is provided at no cost to employees.
Wellness programs
Revantage provides complementary on-site gym membership, Headspace mediation app membership and ongoing wellness programs.
Mental health benefits
Revantage offers a free subscription to Headspace, access to the EAP, and has instituted a no after-hours meeting policy.
Financial & Retirement
401(K)
Revantage's 401(k) platform through Insperity offers SmartPlan educational tools and calculators to educate employees on plan basics, retirement needs, risk profile, investments, and contributions.
401(K) matching
401(k) retirement plan matches dollar for dollar up to 6% of employee pay with immediate vesting. Profit-sharing contributions of up to 2% are dispersed based on company performance annually.
Performance bonus
Revantage firmly believes in rewarding employees for hard work and offers annual bonuses to employees that meet performance goals.
Child Care & Parental Leave
Childcare benefits
Generous parental leave
12 weeks of fully-paid parental leave.
Family medical leave
Adoption Assistance
Revantage reimburses eligible employees up to $1500 for qualified adoption expenses.
Vacation + Time Off
Generous PTO
We provide 17 PTO days, 3 floating days, & 12 paid holidays off to recharge including Juneteenth, the Friday before Memorial Day, time off for voting, and summer hours every other Friday.
Paid volunteer time
Paid holidays
Office Perks
Commuter benefits
Our commuter benefits policy allows participants to save up to 40% on transportation costs by paying for mass transit and/or parking expenses with pretax dollars.
Company-sponsored outings
Revantage has quarterly paid office outings, as well as company-wide annual holiday parties and other events, for all employees.
Free snacks and drinks
Our fully-stocked kitchens offer free healthy snacks (beef jerky, cheese, vegetables, etc.), gourmet coffee machines, unlimited sparkling water, kombucha, cold brew and beer on tap.
Company-sponsored happy hours
Revantage has quarterly happy hours an provides in-office space for team happy hours.
Onsite office parking
Parking assistance available though Wage Works.
Relocation assistance
Fitness stipend
Onsite gym
Professional Development
Job training & conferences
Revantage offers several internal training & development programs: Team Leader Effectiveness Program, Foundations of Inclusiveness, the DEVELOP Portal, and the Blueprint Onboarding Program.
Tuition reimbursement
The Educational Assistance Program reimburses employees up to $5,250 per year for approved undergraduate and graduate courses taken as a part of a degree program..
Lunch and learns
Revantage has a monthly Lunch & Learn series called, "REACH," a program designed to promote better understanding of our business leaders.
Promote from within
Mentorship program
Revantage has the Champions Network mentorship program.
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
The License and Certification Program reimburses employees for 100% of the cost for license and certification exams after all parts of the exam have been successfully passed.

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