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Broadview Federal Credit Union · 2 months ago

Strategic Sourcing Analyst

Albany, NY

Full-time

Onsite

Mid Level

$66K/yr - $81K/yr

3+ years exp

Broadview Federal Credit Union is a company that values its employees, members, and community. The Strategic Sourcing Analyst will oversee the competitive solicitation and sourcing processes, ensuring alignment with the organization's standards while developing long-term partnerships for new products and services.

CreditEducationFinanceFinancial Services

Responsibilities

Organizational champion responsible for coordination with business owners, executive stakeholders, subject matter experts, and legal/compliance teams to ensure organizational alignment in the strategic sourcing process

Establish and oversee Broadview’s Strategic Sourcing program ensuring alignment with the standards set by Broadview, and in a timely and proactive manner

Act as subject matter expert to business owners, executive and senior leadership teams on complex sourcing matters, reporting results consistent with the program/process

Create standards/practices ensuring communication of sourcing expectations, procedures, and practices across the organization, as necessary, to ensure transparency and awareness; Keeps key stakeholders including management, vendors/partners, and applicable team members apprised of progress and status

Define and manage a structured, organized competitive solicitation process that incorporates stakeholder inputs, reviews, and strict deadlines; Ensures all necessary documents related to competitive solicitations, including justifications, budget analyses, and oversight approval documents, are appropriately, accurately, and timely completed

Assure the Strategic Sourcing Policy is current, accurate and aligned with established vendor lifecycle management and purchasing/procurement guidelines

Performs document control tasks; Creates and maintains a library of Broadview’s competitive solicitations as well as sample RFP content

Perform quality control on all sourcing requests to assure consistency with our established guidelines while maintaining records for all pertinent details relevant to dispositions/reporting

Direct sourcing activity to ensure consistency across the organization in handling strategic sourcing matters to provide the best possible business owner and partner experience and minimize organizational risk

Assists with preparing and providing training and support to internal stakeholders, partners across business lines to support consistency in execution and outcomes

Work with supervisor to approve exceptions to policy when necessary to resolve sourcing issues, and appropriately document exceptions for review

Develop and lead processes that enhance the quality and approach used to capture business owner and partner feedback relative to the sourcing process

Promote trending, risk analysis and product/service/process improvement by leveraging the results of sourcing review outcomes; analyze and assess sourcing costs and develop efficiency improvement strategies

Establish escalation process and expectations as well as related training

Provide regular updates to the Manager, Vendor Management and the Vendor Management Committee as needed

Assist in proposal development, when needed

Maintaining strategic sourcing relationships and developing strong partnerships

Perform quarterly reconciliation with Accounts Payable to identify gaps and policy exceptions

Works collaboratively with Vendor Risk and Information Security Governance to coordinate completion or preliminary/full due diligence on RFP finalist

Support to internal business owners for their successful vendor relationship management, problem resolution, and service excellence

Qualification

Strategic sourcingAnalytical skillsProject managementMicrosoft OfficeConsultative styleCommunication skillsInterpersonal skillsCollaborationActive listeningTime managementConfidentiality

Required

Bachelor's degree plus a minimum of three (3) years directly related work experience

Extensive experience with Broadview's products and services, and working knowledge of all operating areas

Experience leading initiatives and aligning solutions to business strategy

Strong written/ verbal communication skills

Strong interpersonal skills, active listening skills the ability to effectively communicate with individuals at all levels of the organization

Consultative and collaborative style; ability to develop and maintain effective working relationships both internal and external to the organization

Strong project management and facilitation skills

Strong analytical skills: solid decision-making capabilities coupled with the ability to analyze situations and provide recommendations for remediation

Demonstrated ability to establish credibility and lead by influence, coupled with the ability to recognize, and support the organization's priorities

Effective at managing multiple priorities under tight deadlines, ability to prioritize conflicting demands, organize time and resources to deliver solid and consistent results for the business and bring assignments to successful completion

High degree of business acumen

Strong technical aptitude: advanced skills and knowledge of Microsoft Office to include: Word, Excel and PowerPoint. General understanding of systems and their application to advance efficiency of operation

Must maintain the highest standards of confidentiality in a professional and appropriate manner

Assumes a high degree of responsibility and impact on the Broadview FCU brand