Procurement Analyst

Contract: Plano, Texas, US

Salary Range: 38.00 - 40.00 | Per Hour

Job Code: 359934

End Date: 2025-04-13

Days Left: 1 days, 4 hours left

Client: Financial Services
Role: Procurement Analyst/ Buyer.
Duration: 12 Months - (Extension Or Conversion)
Location: Plano, TX 75024 - Hybrid Role
Pay Range: $38 - $40/hr.
      
  • Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at company.
  • As one of the world’s most admired brands, Company is growing and leading the future through innovative, high-quality solutions designed to enhance lives and delight those we serve.
  • We’re looking for diverse, talented team members who want to Dream. Do. Grow. with us.
 
What we’re looking for:
 
  • The buyer/contingent will be responsible for the creation and execution of procurement strategies across various purchasing categories/commodities.
  • These responsibilities will include developing and implementing multi-year spend strategies, planning and managing sourcing (RFx) events, supporting the development, negotiation and execution of contractual documents (MSA’s, SOW’s amendments), and building strong relationships with business units, stakeholders, and suppliers.
  • The buyer will manage procurement activities related to requests involving Tier I and II suppliers (suppliers offering financial or “regulatory” services to company).  
  • To this end, the buyer must have a strong understanding of financial and regulatory compliance standards and practices. Financial services/banking experience is beneficial.
  • This person performing this role must be capable of influencing across all levels of management, business, and supplier teams, leveraging experience, negotiation skills and integrating external benchmarking and KPI/metric data to affect delivery outcomes from suppliers that meet and exceed expectations.
 
What you’ll be doing:
 
Strategic Sourcing:
  • Oversight/execution of strategic sourcing functions, contracts and RFx sourcing events.
  • Participate/facilitate with contract negotiations to ensure alignment with sourcing processes and overall procurement strategy.
  • Develop and negotiate contractual agreements supporting strategic and/or tactical sourcing plans including but not limited to; master supplier agreements/addendums, statements of work, amendments, product schedules, renewals, extensions, and non-disclosure agreements.
  • Experience in supporting professional services commodities.
  • Work with customers to provide strategic direction in building business requirements.
  • Development of strategic sourcing framework with creating strategies across products/services and commodities by developing and implement strategies for responsible commodities.
  • Responsible for supporting purchase requests for Tier 1 and Tier 2 commodities and ongoing supplier market analysis.
  • Lead and facilitate sourcing initiatives (RFx) in collaboration with Management, business units, stakeholders, suppliers and/or affiliates ensuring that a competitive environment is maintained throughout the sourcing event.
  • Execute sourcing plans that support business unit objectives and maximize profitability through lower costs, rebates, volume discounts, or revenue generation opportunities and support innovation, improved service levels, improved relationships to facilitate operational efficiencies and customer satisfaction.
  • Provide consultation and support for expiring / expired and termination of engagements and ensure contract renewal and amendments are proactively planned / budgeted for.
  • Collaborate with IPSS contract and PO teams to ensure requests are completed accurately and timely.
  • Facilitate regular planning meetings with business units and develop short-term and long-term procurement strategies.
 
Compliance:
  • Demonstrate expertise and ensure compliance with respect to all procurement concepts, policies and procedures, assisting with identifying requirements and interpreting and documenting those requirements such that internal customers and suppliers clearly understand all obligations and expectations of the contractual agreement(s).
 
Customer Support:
  • Educate and train customers and team members around the sourcing and contracting process and best practices and negotiation strategies to maximize cost effectiveness of relationship.
  • Ensure frequent communication between all key project and sub-department parties including customers, suppliers, and other appropriate stakeholders.
  • Responsible for proactive communication with internal and external customers regarding the status of their work as well as escalating tasks/issues as appropriate.
  • Continually review and monitor current processes for potential Kaizen opportunities.
 
Technical Requirements:
  • Proficiency with MS office suite (Excel, PowerPoint, Word, Outlook, etc.)
  • Knowledge of eMarketplace
  • Ariba Spend Management preferred.
 
Experience/Educational Requirements/Licenses or Certifications:
  • Bachelor’s degree in business or related supply chain management discipline desired.
  • 5+ years’ experience in contract development, sourcing, negotiations, data analytics and contract management required.
  • Institute of Supply Management CPM or CPSM certification desired.
 
Specialized skills/knowledge:
  • Demonstrate leadership experience/skills.
  • Strong interpersonal skills with ability to interact with different groups/individuals and management levels in a professional manner.
  • Demonstrate strong analytical skills, with attention to detail required.
  • Strong problem-solving skills, with the ability to seek out and offer business-oriented solutions to complex compliance problems.
  • Excellent written and verbal communication skills.
  • Demonstrate ability to work independently and efficiently with low margin of error.
  • Experience in organizing, prioritizing, and handling multiple tasks with a high level of efficiency and in a flexible manner.
  • Experience in leading or participating as a key contributor on projects
 
 
Requirements:
Qualifications/ What you bring (Must Haves) – Highlight Top 3-5 skills:
  • Develop and negotiate contractual agreements supporting strategic and/or tactical sourcing plans including but not limited to; master supplier agreements/addendums, statements of work, amendments, product schedules, renewals, extensions, and non-disclosure agreements.
  • Experience in supporting professional services commodities.
  • Work with customers to provide strategic direction in building business requirements.
  • Lead and facilitate sourcing initiatives (RFx) in collaboration with Management, business units, stakeholders, suppliers and/or affiliates ensuring that a competitive environment is maintained throughout the sourcing event.
  • Development of strategic sourcing framework with creating strategies across products/services and commodities by developing and implement strategies for responsible commodities.
  • 5+ years’ experience in contract development, sourcing, negotiations, data analytics and contract management required
Job Requirement
  • Procurement
  • procurement analyst
  • Ariba
  • negotiation
  • Contract
  • MSA
  • RFx
  • RFI
  • RFP
  • RFQ
Reach Out to a Recruiter
  • Recruiter
  • Email
  • Phone
  • MEETUL CHOUDHARY
  • meetul.choudhary@collabera.com
Apply Now
Apply Now
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Collabera is a leading global digital talent solutions firm. For over 25 years, we have provided digital and IT talent services, direct placement and career advisement, global remote talent and learning solutions to transform and diversify workforces for the Fortune 1000 globally.

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Collabera is a leading global digital talent solutions firm. For over 25 years, we have provided digital and IT talent services, direct placement and career advisement, global remote talent and learning solutions to transform and diversify workforces for the Fortune 1000 globally.

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