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Strategic Sourcing Senior Analyst

AT DTCC
DTCC

Strategic Sourcing Senior Analyst

Jersey City, NJ

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.

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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 Senior Analyst will support the execution of the company's overall strategic sourcing strategy. The role 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:

  • Cross-functional responsibilities including:
  • 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; escalates appropriately


Qualifications:
  • Minimum of 2 years of related experience
  • Bachelor's degree preferred or equivalent experience


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
  • Strong capabilities and focus in client-service


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.

Same Posting Description for Internal and External Candidates

Client-provided location(s): Jersey City, NJ, USA
Job ID: DTCC-210185
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • FSA
    • HSA With Employer Contribution
    • Long-Term Disability
    • HSA
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • On-site/Nearby Childcare
    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
    • Work-From-Home Stipend
  • Office Life and Perks

    • Casual Dress
    • Snacks
    • On-Site Cafeteria
    • Commuter Benefits Program
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Financial Counseling
    • Pension
  • Professional Development

    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Learning and Development Stipend
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Professional Coaching
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)
    • Unconscious Bias Training