Strategic Sourcing Analyst
$58.13k - $96.88kLPL Financial
LPL Financial Analyst
What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what's possible with LPL Financial.
Job Overview
This Analyst role sits within our Strategic Sourcing and Procurement (SS&P) team supporting both internal business partners and the external vendor community. A fundamental component of the role is change and process management to support SS&P and the Contingent Workforce Program.
What Will You Do?
- Support Contingent Workforce Program (CWF) in day-to-day operations including on boarding, off boarding of resources as well as monitoring end dates, processing extensions and answering questions regarding the process and program
- Support PSCOE by providing sourcing and contract support; focus on Professional Services.
- Manage request queues in a timely manner and within SLA.
- Review contracts to ensure compliance to sourcing and contracting policies and procedures, and to escalate concerns to legal and business partners.
- Assist in the analysis and development of category plans to provide visibility to spend, vendor summaries, contract summaries, stakeholder engagement, and market insights that lead to both short and long-term strategies.
- Assist with creating, managing, distributing and maintaining weekly and monthly status reports for all active requisitions.
- Bring thought leadership to identify additional cost and operational efficiencies.
- Work in collaboration with multiple departments and business partners to develop strategy, policy and/or resolution of issues.
- Represents and advocate SS&P strategies, policies and goals across the firm.
- Assist with web postings on job board sites and manage/reports on posting dates, expenses, contract notifications/updates, etc.
- Assist with compiling monthly Resource Planning reports
- Communicate CWF program/contract guidelines to suppliers and internal managers.
- Perform daily administration of the CWF/Beeline system
- Compilation of monthly reports for distribution on CWF statistics, placements/terms/transfers.
- Performance of data entry administrative tasks.
Please note: Additional responsibilities or duties may be assigned to you as needed or determined.
What Are We Looking For?
We're looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.
Requirements:
- Minimum of 1-3 years of experience working in a medium to large professional enterprise or 1+ years of workforce or contingent labor support experience
- Bachelor's degree
- Advanced MS Office skills including Excel, SharePoint, Word and Power Point
- Proven experience in managing multiple projects, with an ability to prioritize individual workload based on business needs and deadlines
Core Competencies:
- Excellent interpersonal and customer service skills and the ability to interact well with individuals at all levels of management, internal and external.
- Strong relationship building skills through providing consistent & transparent customer service to the Business Units we support
- Grace under pressure and a sense of humor!
Preferences:
- Financial Services experience
- Experience using Ariba or other Procure-to-Pay tools
- Experience using Beeline, or other Workforce Management tools
Pay Range:
$58,125-$96,875/year Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
Company Overview:
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.
At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.
Join LPL Financial: Where Your Potential Meets Opportunity
At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation's leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.
Why LPL?
- Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team.
- Limitless Career Potential: Your career at LPL has no limits, only amazing potential.
- Unified Mission: We are one team on one missiontaking care of our advisors so they can take care of their clients.
- Impactful Work: Our size is just right for you to make a real impact.
- Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds.
- Community Focus: We care for our communities and encourage our employees to do the same.
- Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home.
Join the LPL team and help us make a difference by turning life's aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.
Information on Interviews:
LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant's bank or credit card. Should you have any questions regarding the application process, please contact LPL's Human Resources Solutions Center at View phone number on click.appcast.io.
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