Technology Sourcing Analyst working in Financial Services to source suppliers and manage vendor relationships. Supporting sourcing strategies and ensuring compliance with procurement processes in a hybrid role.
Responsibilities
Supporting the Sourcing Managers to understand the demand, requirements and support the best commercial outcome
Support with sourcing new/replacement suppliers as per the business needs
Maintain strong relationships with key suppliers, supporting regular business reviews to ensure optimum performance and alignment with business goals
Help drive margin improvement with new and existing suppliers
Support effective procurement strategies by helping the Sourcing Manager conduct activities such as RFPs, negotiations of commercial agreements, and ongoing vendor management
Supporting the execution of the process following the banks processes and controls through to contract signature and hand over to the supplier manager
Support any additional work on category planning (e.g. renewals pipeline development, spend analysis) may be required
Requirements
5+ years of experience in Technology Sourcing
Experience in end-to-end Sourcing process ideally in Financial Services or a similarly regulated environment
Previous experience within Technology Sourcing is essential
Comfortable operating in complex matrixed environments
Good interpersonal skills to engage and influence stakeholders
Self-starter, pro-active and quick to learn process, controls and tools
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