Procurement Analyst

Analyze spend data across business lines to identify cost-saving opportunities and sourcing efficiencies Support end-to-end procurement processes: RFPs/RFQs, vendor evaluation, contract negotiation, and onboarding Maintain and monitor vendor performance scorecards, SLAs, and contract compliance Partner with Legal and Compliance on third-party risk assessments, due diligence, and regulatory requirements (e.g., outsourcing regulations, data security standards) Manage procurement systems and databases (e.g., Ariba, Coupa, SAP) to ensure accurate records of contracts, POs, and vendor information Prepare reports and dashboards on spend trends, savings targets, and category performance for senior stakeholders Support category management strategies (IT, market data, professional services, travel, facilities) Assist in budget forecasting and variance analysis related to procurement spend Ensure adherence to internal procurement policies and external regulatory frameworks Qualifications Bachelor's degree in Business, Finance, Supply Chain Management, or related field 1–4 years of experience in procurement, sourcing, vendor management, or financial analysis (financial services experience a plus) Strong Excel skills; familiarity with procurement/ERP platforms (SAP Ariba, Coupa, Oracle) preferred Analytical mindset with ability to interpret spend and performance data Excellent communication and negotiation skills Understanding of contract terms, risk management, and vendor due diligence processes High attention to detail and ability to manage multiple stakeholders under deadlines Preferred Skills Knowledge of third-party risk management (TPRM) frameworks Exposure to regulatory requirements relevant to financial institutions (e.g., outsourcing guidelines, data privacy) Experience with data visualization tools (Power BI, Tableau) CIPS or similar procurement certification (or working toward one) #J-18808-Ljbffr ProcureAbility