Sourcing Specialist

Sourcing Analyst

The Sourcing Analyst supports the development, execution, and ongoing management of procurement strategies across assigned vendors and categories. This role partners with internal stakeholders and suppliers to help deliver cost-effective, compliant, and efficient sourcing solutions. The Sourcing Analyst contributes to contract reviews, supplier evaluations, and process improvements while developing foundational sourcing and negotiation skills.

Key Responsibilities

• Support the development and execution of sourcing and procurement strategies for assigned vendors and categories
• Partner with internal business stakeholders to identify sourcing needs and recommend effective procurement approaches
• Assist with supplier evaluations, proposal reviews, and sourcing events to ensure business and customer requirements are met
• Support contract review and negotiation activities under the guidance of senior sourcing professionals
• Monitor supplier performance, market trends, and internal priorities to inform sourcing recommendations
• Maintain vendor and contract documentation and support reporting needs
• Contribute to cross-functional sourcing and category projects, including short- and longer-term initiatives
• Assist with process improvements and adoption of tools or technology to drive efficiency and consistency
• Build and maintain positive working relationships with suppliers and internal partners
• Help track and communicate benefits and outcomes from sourcing and category initiatives

Basic Qualifications

• Bachelor's degree in business, finance, supply chain management or logistics, or equivalent work experience
• At least one year of related experience

Preferred Skills and Experience

• Exposure to category management or development of sourcing strategies for enterprise spend
• Ability to manage relationships with multiple vendors and internal stakeholders
• Strong analytical, problem-solving, and critical-thinking skills
• Ability to collaborate effectively with teammates and business partners at varying levels
• Strong verbal and written communication skills
• Proficiency with Microsoft Office and comfort learning procurement systems and tools

Benefits:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.