Financial Services Strategic Sourcing Analyst

About This RoleAI processing…

Key Responsibilities

• 1
  Strategic Sourcing and Category Management
• 2
  Manage sourcing projects from intake through supplier selection, negotiation, contracting, and implementation.
• 3
  Lead RFPs, RFQs, renewals, competitive bids, and net-new supplier engagements across Financial Services categories.
• 4
  Partner with stakeholders to understand business requirements, define sourcing strategies, develop evaluation criteria, and establish project timelines.
• 5
  Conduct market research, supplier benchmarking, spend analysis, and commercial-model assessments.
• 6
  Identify opportunities to consolidate suppliers, improve commercial terms, increase competition, and optimize demand.
• 7
  Support category strategies and sourcing roadmaps for financial services suppliers.

Requirements

• Bachelor’s degree in business, finance, supply chain, economics, or a related field, or equivalent experience.
• 4+ years of experience in strategic sourcing, procurement, vendor management, consulting, finance, or a related discipline.
• Experience managing sourcing projects, including RFPs, RFQs, renewals, competitive bids, or supplier negotiations.
• Strong analytical and financial modeling skills, including the ability to compare complex pricing proposals and evaluate total cost.
• Demonstrated ability to negotiate pricing and contract terms with technology, data, financial services, or other strategic suppliers.
• Experience working with cross-functional stakeholders in a matrixed organization.
• Ability to manage multiple projects, prioritize competing demands, and meet deadlines.
• Strong written and verbal communication skills, with the ability to present clear recommendations to stakeholders and leadership.
• Comfort working with ambiguity and developing practical solutions to business problems.
• Proficiency with Excel or Google Sheets, presentation tools, and procurement or contract-management systems.

Perks & Benefits