A top Fortune 50 financial institution in Virginia is currently seeking a Strategic Sourcing Analyst. This role supports sourcing initiatives, RFx development, vendor due diligence, and cross-functional collaboration to drive efficient procurement outcomes.
About the Opportunity:
- Schedule: Monday to Friday
- Hours: Standard business
- Setting: Hybrid (2 days onsite per week; increasing to 3 days onsite starting April)
Responsibilities:
- Preparing, issuing, and managing RFPs/RFIs
- Supporting source selection, supplier due diligence, and intake triage
- Partnering with business units to develop requirements and SOWs
- Analyzing large datasets to inform sourcing and vendor decisions
- Collaborating with Procurement to transition effectively negotiated contracts
- Supporting category strategy development and performing market research
- Maintaining vendor documentation, compliance metrics, and performance data
Qualifications:
- Bachelor’s degree in Business Administration or related field (or equivalent experience)
- Exposure to RFP/RFI development, SOW review, and sourcing processes
- Exposure to procurement, category management, or vendor management
- Ability to manage multiple priorities and work cross-functionally
- Strong analytical and data-manipulation skills
- Effective communication, relationship-building, and negotiation skills
- High attention to detail and accuracy
Desired Skills:
- 3+ years of Procurement, Vendor Management, and/or Risk Management experience
- CPSM or similar professional certification
- Familiarity with large financial institutions’ sourcing processes
- Strong problem-solving abilities and innovative thinking
