Procurement Intern na Bessemer Trust

We are seeking a motivated and curious Procurement Intern to join our team. This internship is designed as a learning experience that provides exposure to procurement processes, supplier management, and contract administration while offering opportunities to develop analytical, problem-solving, and project management skills. Interns will gain insight into how procurement evolves from tactical purchasing to strategic value creation, with hands-on involvement in sourcing, supplier communications, and process improvement projects. Guided by experienced mentors, the intern will learn how procurement contributes to cost efficiency, operational excellence, and strategic business goals.

Key Responsibilities

• Assist in sourcing suppliers, evaluating vendor proposals, and supporting category strategy research.
• Support the preparation, review, and processing of purchase orders, contracts, and supplier onboarding.
• Maintain and update supplier databases, procurement records, and process documentation.
• Conduct market research to analyze pricing trends, supplier capabilities, and industry benchmarks.
• Track order status, monitor deliveries, and help resolve fulfillment issues.
• Compile supplier performance data and support cost/benefit analysis for negotiations.
• Assist in spend analysis, KPI tracking, and reporting on procurement activities and savings.
• Contribute to process improvement projects, including procurement maturity roadmap tracking, workflow redesign, and technology adoption (ERP, Zip, analytics tools).
• Collaborate with cross-functional teams (finance, operations, technology, legal) to address business needs.

Qualifications

• Currently pursuing a degree in Supply Chain Management, Business Administration, Finance, Industrial or Systems Engineering, or related field.
• Strong analytical, organizational, and communication skills.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Experience with ERP systems, analytics tools (Power BI, Tableau, etc.), or SQL is a plus.
• Interest in process design, continuous improvement, operational excellence is a plus.
• Strong written and verbal communication skills.
• Attention to detail with ability to manage multiple tasks and deadlines.
• Eagerness to learn procurement processes and develop professional skills in a fast-paced environment.

What We Offer

• Practical experience in procurement and supply chain operations.
• Exposure to supplier relationship management, sourcing, and contract negotiations.
• Opportunities to contribute to live projects and process improvement initiatives.
• Mentorship and professional development opportunities.
• A collaborative and inclusive culture that values innovation, analytics-driven decision-making, and continuous learning.
• Potential for future career opportunities within the procurement team.

The Bessemer Trust Internship Program:

Our summer internship program offers real world experience working side-by-side with experts from departments and offices across our firm.  Working within your designated team, you will manage individual and group projects, interact with senior leaders, network with fellow interns, and attend a variety of career development sessions virtually and in person at our New York headquarters.

This 10-week program is designed to mirror the experience of a full-time employee to help you discover where your strengths and interests lie, paving the path to explore your career at Bessemer and beyond.

Company Information and Culture:

Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts:

• For 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here.
• To learn more about Bessemer Trust, click here.

The hourly rate for this position ranges from $35.00 - $40.00. Hourly rates will vary and will be based on various factors.

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.