Senior Sourcing Analyst
$130.9k - $154kMinnesota Jobs
Senior Sourcing Analyst
Ready to do the most impactful work of your career? At Coinbase, we are uncompromising on our mission to increase economic freedom. The bar is high, the environment is intense, and we like it that way. This isn't a place for complacency, it's a place to be pushed past your perceived limits. If you're ready to build the future of finance alongside people who refuse to settle for "good enough," you belong here. Coinbase is a remote-first, but not remote-only company. Expect to get together quarterly for intense in-person working sessions called "surges."
As a Senior Sourcing Analyst, you'll join the Source to Pay (S2P) organization within the Finance team and lead strategic sourcing across Coinbase's third-party services portfolio, spanning categories like CX BPO, marketing, professional services, and corporate functions. You'll independently own a broad pipeline of high-impact sourcing engagements, drive complex negotiations, and partner cross-functionally to deliver savings, reduce risk, and improve how Coinbase manages third-party spend.
What you'll do:
- Own end-to-end sourcing for complex services engagements across categories such as CX BPO, consulting, marketing, people/benefits, and compliance, from intake through RFx, evaluation, negotiation, and contract execution.
- Lead commercial negotiations on pricing, SLAs, renewals, termination rights, and key business terms, partnering with Legal, Security/TPRM, P2P, and business stakeholders to structure deals that reduce financial, legal, and operational risk.
- Drive category-level insights by analyzing spend patterns, supplier concentration, demand signals, and market dynamics to identify consolidation, standardization, and improved commercial outcomes.
- Build business cases and decision support materials that articulate trade-offs, risks, and recommended actions for stakeholders and leadership.
- Design and adopt AI-enabled and automation-driven workflows to offload administrative work such as intake triage, first-draft artifact creation, and status reporting, freeing capacity for strategy, negotiation, and stakeholder alignment.
Required Skills and Experience:
- 5+ years of experience in strategic sourcing, procurement, or a related function, with demonstrated success sourcing services categories such as BPO, marketing, professional services, or corporate shared services.
- Proven ability to independently manage complex sourcing projects and multi-stakeholder negotiations from intake through contract execution, delivering measurable savings and improved contract terms.
- Experience performing quantitative analysis on vendor proposals, pricing models, benchmarks, and spend data to inform sourcing strategy and supplier selection.
- Familiarity with S2P systems (e.g., Zip, Ironclad) and comfort working with contracts, redlines, SOWs, and order forms in partnership with Legal.
- Track record of operating effectively in an async-first environment, writing clearly structured recommendations, surfacing risks early, and driving timely decisions across cross-functional partners.
- Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.
P77398
#LI-Remote
*Pay Transparency Notice:** Base salary varies by location (see range below). Total compensation may also include equity and bonus eligibility, and benefits (medical, dental, vision, 401(k)).
Annual base salary range (excluding equity and bonus): $130,900$154,000 USD
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