Strategic Sourcing Analyst - Banking

This is with one our Banking Client.

Daily Responsibilities:

• Develop and implement global efficiencies, standardized tools, technology, policies and procedures related to Procurement
• Drive, innovate and recommend opportunities to continuously improve and enhance the strategic value of Procurement to the organization.
• Build and continuously update a comprehensive and robust contract pipeline to proactively identify, manage, address and report on sourcing opportunities
• Develop strategic sourcing strategies and initiatives in tandem with the business for specific categories being sourced
• Establish strong and credible relationships across the Capital Markets business platform with the objective of understanding the business strategy and direction
• Negotiate both complex and non-complex IT and Non IT agreements including Master Agreements, Transaction Schedules, Statement of Works, Amendments and other documents
• Lead the end to end sourcing process
• Be subject matter expert on client’s Enterprise Procurement & Third Party Risk policies and procedures in order to ensure 100% compliance

Must Have Skills:

• Seasoned negotiator who can understand and exploit points of leverage including leveraging contracts terms/conditions in order to optimize cost structures and minimize risk
• Solid knowledge, understanding and experience in strategic sourcing with 5+ years of relevant technology experience in sourcingddd
• Post-secondary education in Business Administration, Finance, Engineering or equivalent to a 4 year university program in relevant discipline or related Supply Chain or Procurement Designation
• Strong financial modeling and analytical skills to identify and support negotiation strategies
• Great understanding of commercial and non-commercial provisions of third party documentation

Nice to Have Skills:

• Strong organizational skills, ability to work on multiple complex projects simultaneously.
• Excellent communication skills and even better listening skills to champion the "voice of the internal customer"
• Experience working in a global financial institution and/or capital markets business which includes understanding of common technology and suppliers that support a trading environment
• Relationship builder who can lead when required and participate and influence others if and when required

About Us:

Collabera is a leading Digital Solutions company providing software engineering solutions to the world’s most tech-forward organizations. With more than 25 years of experience, we have hired over 17000 employees across 60+ offices globally and currently place 10000+ professionals annually to support critical IT engagements at more than 500 client sites, 80% being the Fortune 500. {and 59% of the Fortune 50 (could use either stat)}

With Collabera, you

• Will get to work on numerous challenging and exciting projects, including UI/UX transformation, Blockchain, AI/Data Science, Cloud migrations, Cyber-Security and Engineering.

• At Collabera you have 80% chances of project extension or redeployment to other clients

• Will have endless opportunities to learn new technologies through our inhouse Training arm – Cognixia.