Senior Analyst, Strategic Sourcing
$73.74k - $122.89kLPL Financial LLC
Job Overview The Senior Analyst, Strategic Sourcing supports LPL Financial’s third‑party spend optimization and procurement governance initiatives by owning the analytical engine that drives decisions. The role builds analysis, research, and executive‑ready materials to enable leadership decisions and drive sourcing execution. It also coordinates with Finance, Legal, Risk (TPRM), and Business Units, maintaining clean tracking, reporting, and a source‑of‑truth documentation. Responsibilities Build and maintain spend, vendor, and contract analytics to identify and prioritize savings opportunities. Develop vendor‑by‑vendor deal packets for negotiations, including baseline spend, pricing structures, renewal timing, current terms, usage drivers, benchmarks, and scenario options. Conduct structured research and synthesis on suppliers, market landscape, pricing benchmarks, and commercial levers; translate findings into concise, decision‑ready recommendations. Own reporting for initiative status and savings tracking; maintain clean weekly status, milestone tracking, and documented savings support. Build and polish executive‑facing PowerPoint materials: leadership updates, initiative summaries, negotiation narratives, and decision decks. Support cross‑functional coordination: schedule working sessions, capture actions and decisions, maintain decision logs, and ensure follow‑through across stakeholders. Maintain the “source of truth” for vendors in scope (spend, contract attributes, renewal dates, termination clauses, key contacts, and current initiative status). Success in the First 90 Days Stand up clean, reliable reporting for the third‑party spend work: initiative tracker, savings documentation support, and an executive‑ready weekly update. Build initial opportunity analyses and prioritize an execution pipeline with clear rationale and data‑backed recommendations. Deliver multiple executive decks and deal packets that materially improve leadership decision‑making and negotiation readiness. Establish operating rhythms with Finance/Legal/Risk partners so data requests, validations, and approvals move quickly. What We Are Looking For Strong collaborators who deliver exceptional client experiences and thrive in fast‑paced, team‑oriented environments. Ideally pursue greatness, act with integrity, and are driven to help clients succeed. Requirements 3–6+ years in analytics‑driven roles (e.g., analytics, consulting, finance, sourcing/procurement, strategy) requiring structured analysis, research, and executive‑level communication. Advanced Excel experience (models, pivots; PowerQuery preferred) with large, imperfect datasets; demonstrated analytical judgment and ability to validate and challenge assumptions. Proven experience building leadership‑ready PowerPoint decks, translating rough inputs and complex analysis into clear, structured, decision‑oriented narratives. Strong structured research skills with a track record of producing concise, defensible insights, implications, and recommendations for leaders. Experience managing multiple workstreams with strong tracking and documentation; effective partner to Finance, Legal, Risk, and Business teams with clear written communication. Core Competencies Analytical rigor – Produces accurate, defensible analysis quickly; knows what matters and avoids overbuilding. Executive storytelling – Converts complexity into simple, decision‑ready narratives; decks are clean, tight, and persuasive. Operational discipline – Tracking, documentation, and follow‑up are tight and current; no surprises. Bias to action – Moves work forward independently; anticipates needs; resolves blockers instead of escalating noise. Professionalism & resilience – Calm under pressure; handles sensitive vendor and contract work cleanly. Curious and grounded – Hungry to learn, adapts quickly, and maintains a sense of humor under pressure. Pay Range $73,735–$122,892per year (actual base varies by skill, experience, education, and geography). Benefits and Total Rewards • 401(k) matching
- Health benefits
- Employee stock options
- Paid time off
- Volunteer time off
- Other competitive rewards and resources
$58.13k - $96.88k
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