Sr. Analyst, IT Procurement

Sr. Analyst, IT ProcurementFranchise World Headquarters, LLCShelton, CTWhy Join Subway?At Subway, we are not standing still. We are building.This is a business focused on what matters most: growing franchisee profitability, strengthening our brand and creating long-term value. The people who thrive here are the ones who want to make a real impact.You will not just do the work. You will shape it.We move fast. We think like owners. We make decisions that matter. We hold ourselves to a high standard because what we do directly impacts thousands of franchisees around the world.If you bring energy, accountability and a bias for action, you will fit right in.We take the work seriously, but we also know the best results come from teams that support each other, celebrate wins and show up ready to build something better every day.This is your chance to be part of what's next.Position OverviewThe Sr. Analyst, IT Procurement leads and supports sourcing initiatives and contract negotiations for Subway's lower-spend, less-complex technology and vendor categories. This is not a purely administrative tracking role - the Sr. Analyst runs competitive bid events, negotiates commercial terms directly with vendors, and owns contracts end-to-end for their assigned categories, while partnering with senior sourcing leadership on larger or more complex deals.On a given week, the Sr. Analyst might be leading an RFP for a software or services renewal, negotiating pricing and terms directly with a vendor, drafting and redlining a statement of work, or reviewing SLA performance with a technology stakeholder ahead of a renewal decision. Vendor performance tracking and license compliance remain part of the job, but the core of the role is sourcing and negotiations - running the deal and driving meaningful savings and performance improvement, not just monitoring it after the fact.Reporting to the Director, Technology Sourcing & Procurement, this role partners closely with Technology business owners and managers, and coordinates regularly with stakeholders and Legal teams throughout sourcing, negotiation, and contract execution. It's a strong seat for someone who wants real, hands-on negotiation experience in their career, can deliver meaningful results, and demonstrate strong leadership with a clear growth path over time.ResponsibilitiesSourcing Strategy & NegotiationLead or support sourcing initiatives for technology and other indirect categories from opportunity identification through supplier selection.Run competitive bid events (RFPs/RFIs), building bid packages, evaluation criteria, and comparative analysis to support award recommendations.Negotiate pricing, commercial terms, and service levels directly with vendors on agreements, escalating higher-risk or higher-value negotiations to senior sourcing leadership.Use market analysis and benchmarking to identify savings opportunities and inform category strategy.Contract Management & ExecutionDraft, review, and redline standard vendor agreements, statements of work, and amendments for assigned categories, partnering with Legal on nonstandard or higher-risk terms.Serve as the point of contact between internal business stakeholders and vendors throughout contract development and negotiation, coordinating with Legal as needed.Track contractual compliance and flag potential risk that contract or scope changes may pose to the organization.Prepare negotiation and contract status updates for management and help resolve open contract issues.Vendor Performance & ComplianceTrack, measure, and report on vendor service performance through periodic reviews with key stakeholders, monitoring KPIs and SLA compliance.Maintain license compliance tracking, contract renewal/expiration records, and vendor certification deadlines, flagging risk before it becomes a lapse in coverage.Category & Stakeholder PartnershipBuild strong working relationships with business stakeholders to understand demand and align sourcing strategy with business priorities.Support the demand management process and identify opportunities for spend consolidation or standardization within assigned categories.QualificationsTechnical & Functional SkillsSourcing & RFx leadership: able to run RFPs/RFIs end-to-end from bid design, evaluation criteria, comparative analysis, and award recommendation.Contract negotiation: comfortable leading negotiations on pricing and commercial terms.Contract drafting & redlining: able to draft and mark-up standard vendor agreements and amendments, escalating higher-risk or nonstandard terms to Legal.Category & market analysis: uses spend and market data to identify savings opportunities and inform negotiation strategy.Vendor performance & license compliance: tracks SLA/KPI performance and license usage against entitlement to keep cost and compliance aligned with business need.Strong Excel and PowerPoint skills for negotiation prep, tracking, and business-ready presentations.Experience with Procurement tools including CLM and Spend Analytics.Interpersonal & Collaboration SkillsConfident negotiator: holds firm on the company's interests while building durable, working vendor relationships.Clear communicator: translates contract and negotiation detail into plain language for technical staff and business stakeholders.Reliable coordinator: serves as a dependable liaison between Technology, Procurement, and Legal throughout the sourcing and contracting cycle.Sound judgment: knows when to close a negotiation independently and when to escalate scope, risk, or value to senior sourcing leadership.Detail-oriented and organized: manages multiple active sourcing events and contracts at once without dropping details.Coachable and growth-oriented: eager to build toward a category or sourcing management career path.Experience & Background5+ years of experience in strategic sourcing, procurement, or contract negotiation; technology/IT category experience required, other indirect category experience a plus.Demonstrated experience independently negotiating and closing lower-dollar, less-complex vendor agreements.Comfortable drafting and redlining standard commercial contract terms, with good judgment on when to involve Legal.Working knowledge of the procurement lifecycle from sourcing strategy through contract execution; direct RFx leadership experience preferred.Experience reading and interpreting vendor license, maintenance, and service agreements.Proven track record of driving meaningful savings and service level improvements.Bachelor's degree in Technology, Engineering, Business, Supply Chain, or a related field, or equivalent work experience.Experience with e-sourcing, spend, or CLM platforms.What do we offer?Insurance Plans (Medical, Life)Pension/401K/RSP (country specific)Competitive BonusMobility AllowanceTuition ReimbursementCompany HolidaysVolunteering timeAnd More.....Compensation:Thebasepayrangeforthisroleis$91,400-$114,400annuallyPaywithinthisrangewillbedeterminedingoodfaithbasedonjob-relatedfactors,whichmayincludeskills,experience,education/training,location,andinternalequity.Read More