Procurement Analyst (Buyer)

    Highlights

    Negotiate and execute contractual agreements including: Master Service Agreements (MSAs). Bachelor’s degree in Business, Supply Chain Management, or related field.

    Numbers & Facts

    LocationPlano, TX

    Description

    • Job Title: Procurement Analyst (Buyer)
      Job Location: Plano, TX(Hybrid)
      Project Duration: 12+ monthswith possible extension
       
      Strategic Sourcing & Contracting
    • Develop and execute multi-year spend and category strategies
    • Lead sourcing initiatives (RFx events) ensuring competitive and compliant processes
    • Negotiate and execute contractual agreements including:
    • Master Service Agreements (MSAs)
    • Statements of Work (SOWs)
    • Amendments, renewals, extensions, NDAs
    • Support professional services procurement
    • Drive cost savings, rebates, volume discounts, and innovation opportunities
    • Conduct supplier market analysis and manage Tier I & Tier II supplier engagements
    • Partner with business units to build strategic procurement roadmaps
    • Compliance & Governance
    • Ensure adherence to procurement policies and financial/regulatory standards
    • Interpret and document contractual requirements clearly for stakeholders
    • Support contract renewals, terminations, and compliance monitoring
    • Stakeholder & Supplier Management
    • Influence cross-functional stakeholders at all management levels
    • Build strong relationships with suppliers and business partners
    • Facilitate planning meetings and ensure proactive communication
    • Educate teams on sourcing best practices and negotiation strategies
    • Identify continuous improvement (Kaizen) opportunities
    •  
      Qualifications (Must Have)
    • Bachelor’s degree in Business, Supply Chain Management, or related field
    • 5+ years of experience in:
    • Strategic sourcing
    • Contract development & negotiation
    • Contract management
    • Data analytics
    • Experience supporting professional services commodities
    • Strong understanding of financial and regulatory compliance standards
    • Advanced Microsoft Office skills (Excel, PowerPoint, Word, Outlook)
    • Strong analytical, negotiation, and problem-solving skills
    • Proven ability to influence across multiple management levels
    • Ability to work independently with high accuracy and efficiency
    •  
      Preferred Qualifications
    • Financial services or banking industry experience
    • Knowledge of eMarketplace platforms and Ariba Spend Management

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