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Sr Sourcing Specialist

Sr Sourcing Specialist

NYC StaffingNew York, NY, US
2 days ago
Job type
  • Full-time
Job description

Senior Sourcing Specialist

At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle, Paze, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment. Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.

Overall Purpose

The Senior Sourcing Specialist supports sourcing activities for products and services, ensuring business requirements are met in a cost effective and efficient manner. This role will partner with stakeholders and suppliers to execute sourcing strategies and manage negotiations to achieve optimal procurement results. The Sr. Specialist will assist in evaluating supplier performance and identify opportunities for process and cost improvements.

Essential Functions

  • Supports sourcing activities to identify, evaluate, and recommend qualified suppliers to meet organizational product and service needs.
  • Executes sourcing activities in alignment with company policies and strategies, including management of high value and moderately complex purchases.
  • Assists in negotiating and executing supplier contracts to achieve optimal pricing, terms, and service levels while ensuring compliance with established guidelines.
  • Collaborates with stakeholders to define requirements, clarity specifications, and ensure timely and accurate delivery of goods and services.
  • Utilizes strategic sourcing tools and processes to support optimization.
  • Monitors supplier relationships, addressing performance issues, and escalating concerns as appropriate to ensure consistent quality and service.
  • Maintains effective working relationships with internal departments, suppliers, and procurement leadership to ensure alignment with sourcing activities.
  • Represents the company in a professional manner and maintains a high level of confidentiality and integrity in all business interactions.
  • Stays informed of procurement trends, market conditions, and relevant regulations to support informed sourcing decisions.
  • Support the company's commitment to protect the integrity and confidentiality of systems and data.

Minimum Qualifications

  • Education or experience typically obtained through completion of a bachelor's degree in business, procurement, or related field.
  • A minimum of 3-5 years of progressive procurement or related experience.
  • Demonstrated procurement experience in related product and services categories.
  • Effective written and verbal communication skills.
  • Established and progressed skills in evaluating and negotiating contractual language and pricing associated with master agreements, vendor services agreements, statements of work (SOW), subscriptions and licensing agreements within a compliance framework.
  • Competence in analyzing business needs or procurement opportunities for significantly improving expense, service and quality.
  • Effective organizational, project and planning skills.
  • Knowledge of laws and regulations guiding procurement practices.
  • Relevant experience in independently drafting and analyzing RFP's, RFQ's, RFI's.
  • Demonstrated high level of proficiency in the Microsoft suite of productivity applications such as Word, Excel, PowerPoint, Outlook and Visio.
  • Familiarity with enterprise financial systems along with finance and accounting requirements relating to budgets and procurement.
  • Background and drug screen.
  • Preferred Qualifications

  • Master's degree or MBA degree in business or related field preferred.
  • Experience with Dynamics GP and / or ReQlogic (DXC Procurement Platform).
  • Experience with workflow management.
  • Additional related education and / or experience.
  • Physical Requirements

    Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling and reaching. Must be able to lift 10 pounds occasionally and / or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and / or external customers. Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation.

    The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow instructions and perform other related duties as assigned by their supervisor.

    The base pay scale for this position in Phoenix, AZ / Chicago, IL in USD per year is $82,000 - $103,000. New York, NY / San Francisco, CA in USD per year is $99,000 - $123,000. Additionally, candidates are eligible for a discretionary incentive plan and benefits. This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.

    Some of the Ways We Prioritize Your Health and Happiness

  • Healthcare Coverage-Competitive medical (PPO / HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
  • 401(k) Retirement Plan-Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
  • Paid Time Off -Unlimited Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
  • 12 weeks of Paid Parental Leave- Maven Family Planning - provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.
  • And SO MUCH more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process!
  • Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

    Early Warning Services, LLC ("Early Warning") considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees.

    Early Warning is an equal opportunity employer that takes affirmative action to employ, and advance in employment, qualified minorities, women, individuals with disabilities and covered veterans.

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