What are the responsibilities and job description for the Strategic Sourcing Analyst position at DTCC Candidate Experience Site?
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC’s competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC’s competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The Impact you will have in this role:
The Strategic Sourcing Analyst will support the execution of the company's overall strategic sourcing strategy. The incumbent will collaborate across the organization with Finance, Legal, Third-Party Risk, HR, IT, Procurement Ops, and various other customers to identify and complete strategic sourcing projects.
Your Primary Responsibilities:
- The Sourcing Analyst will have cross-functional responsibilities
- Supporting the partnership of the sourcing team and business customers to complete a sourcing strategy that aligns with the needs of the business while meeting financial and operational control objectives.
- Support the management of relationships with key vendors, fostering strategic partnerships that enable continuous value-delivery.
- Oversees the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.
- Support the pro-actively management of renewals to drive savings and mitigate business disruptions.
- Participate in value driven QBRs for key Non-IT & PS vendors
- Evaluate spend and contract data to identify savings, quality, and efficiency opportunities.
- Continuously develop subject matter expertise via benchmarking/research, industry/peer collaboration, training, and client feedback.
- Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with DTCC goals.
- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; advances appropriately
Qualifications:
- Entry Level – internship experience highly preferred
- Bachelor's degree required
Talents Needed for Success:
- Minimum of 3 years of Non-IT & PS Strategic Sourcing experience at a global organization.
- Experience supporting the development of RFXs and negotiating outsourcing, HR/benefits, marketing/events, training, market data, real estate/workplace services, and PS contracts
- Strong organizational competency with the ability to independently manage competing priorities.
- Comfortable with organization change and transformation.
- Client service focused.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
