Sourcing Analyst Lead

Job Description

Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About the role:

This position contributes to the development and execution of advanced sourcing strategies, ensuring cost optimization, and fostering collaboration with key suppliers.  You will oversee the administration and compliance of supplier contracts with company policies to ensure favorable terms and mitigate risks. You will utilizes data analysis tools to gather and interpret comprehensive supplier performance data, providing insights and recommendations based on sophisticated data-driven analyses.

What you will be doing:

• Contribute to the development and execution of advanced sourcing strategies, ensuring cost optimization, and fostering collaboration with key suppliers.
• Oversee the administration and compliance of supplier contracts with company policies to ensure favorable terms and mitigate risks.
• Utilize data analysis tools to gather and interpret comprehensive supplier performance data, providing insights and recommendations based on sophisticated data-driven analyses.
• Develop and executes sourcing strategies for procurement and supply chain, maximizing supplier value-add to the organization.
• Apply highly developed market research skills to analyze industry and supplier profiles, trends, and best practices, providing insights for informed decision-making.
• Coordinate externally with suppliers, internal stakeholders, and partners to identify business needs, address requirements, and foster effective supplier integration.
• Design and develop industry-leading category, commodity, and project-level strategies to optimize procurement processes and enhance overall performance.
• Advise on and executes formal competitive bid events, including solicitation and analysis, supplier negotiation, and contracting, ensuring favorable terms for the organization.
• Act as a specialist in supplier relationship management, establishing and overseeing processes for supplier performance and continuous improvement.
• Direct groups in internal data collection and spend analysis, contributing to the development of operational targets with a major impact on departmental results.

What you will bring:

Bachelor’s degree or the equivalent combination of education, training, or work experience.  Typically requires five to seven years of supply chain, procurement and vendor relationship experience.

• Excellent verbal and written communication skills to technical and non-technical audiences of various levels in the organization, e.g., executive, management, individual contributors
• Excellent problem solving, team and time management skills managing multiple deadlines for self and others
• Proficiency in evaluating the performance capabilities of subordinates as well as counsel subordinates in development and/or corrective discipline
• Proficiency in making projections of future expenses based on analysis of cost effectiveness of past expenditures
• Proficiency to operate independently

What we offer you:

• The chance to work on some of the most challenging, relevant issues in financial services & technology.
• Time to support charities and give back in your community.
• A fantastic range of benefits designed to help support your lifestyle and wellbeing.
• Great workspaces with dedicated and motivated colleagues.
• A broad range of professional education and personal development opportunities

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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