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Strategic Sourcing Analyst

Job not on LinkedIn

🔥 15 hours ago

🇺🇸 United States – Remote

⏰ Full Time

🟡 Mid-level

đźź  Senior

đź›’ Procurement

đź‘» Ghost score 15%

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Logo of CTI Staffing

CTI Staffing

11 - 50 employees

Founded 1998

🎯 Recruiter

🤝 B2B

Recruitment • B2B

CTI Staffing is a staffing and recruiting firm that specializes in onshore and nearshore talent solutions across the US, Canada and LATAM. The company places candidates in contract and permanent roles, offers services for both candidates and hiring organizations, and emphasizes cultural fit and long-term partnerships. With 25+ years of experience and a LATAM headquarters for nearshore engagement, CTI focuses on building teams quickly and supporting clients with tailored recruiting and staffing processes.

đź“‹ Description

• Work with business and support units to source suitable vendors at the best price • Carry out the Strategic Sourcing process to maximize competition and leverage in vendor selection and contracting • Work with management to identify an Executive Sponsor and cross-functional project team for sourcing initiatives • Guide project teams through the Strategic Sourcing process and keep sponsors and senior managers informed of progress, setbacks, and obstacles • Lead kick-off meetings to clarify sourcing objectives, strategy, and timelines • Develop and execute RFPs, RFQs, and RFIs based on business needs, market conditions, and corporate standards • Facilitate analysis, evaluation, and scoring of vendor proposals • Conduct bid rounds and coordinate vendor demonstrations, reference calls, and on-site visits • Lead contract negotiations with project teams and Legal to obtain competitive pricing and favorable terms • Prepare documentation covering recommendations, results, savings, customer implications, and business-operation impacts • Guide business and support units through the Third-Party Risk Management Program • Ensure selected vendors are appropriately risk tiered, vetted, and approved before contract execution • Research procurement trends and recommend savings opportunities to business lines and support functions • Adhere to risk and regulatory standards, policies, controls, and the Company's Risk Appetite • Identify risk-related issues requiring management escalation • Promote diversity and reflect the Bank brand • Maintain internal control standards and implement audit and regulatory action items • Complete other related duties as assigned • Ensure contracts are properly documented and the Bank receives the best value for each dollar spent

🎯 Requirements

• Ability to work remotely • Experience or knowledge of strategic sourcing and procurement processes • Ability to develop and execute RFPs, RFQs, and RFIs • Ability to analyze, evaluate, and score vendor proposals • Contract negotiation skills, generally for contracts up to $1 million • Ability to conduct vendor demonstrations, reference calls, and on-site visits • Knowledge of third-party risk management, vendor risk tiering, vetting, and approval processes • Ability to research and analyze procurement trend data • Understanding and adherence to risk and regulatory standards, policies, controls, and the Company's Risk Appetite • Ability to identify risk-related issues requiring escalation • Ability to maintain internal control standards and address audit and regulatory issues

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