EXL · 3 months ago
Sourcing & Procurement Associate
EXL is a company focused on finance accounting and auditing, and they are seeking a Sourcing & Procurement Associate to manage the end-to-end sourcing cycle. The role involves vendor research, market analysis, supplier selection, contract negotiation, and collaboration with internal stakeholders to optimize sourcing strategies.
AnalyticsBankingOutsourcing
Responsibilities
Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
Develop and published RFP in Ariba
Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making
Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations
Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
Provide administrative support to sourcing teams by preparing project plans, setting up meetings, documenting business requirements
Manage project plan for all assigned sourcing requests from requirement gathering to contracting
Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
Liaise with legal, business and supplier to finalize contracts
Collaborate with cross-functional teams to manage supplier relationships and address any issues or disputes that may arise
Document and analyze supplier responses to ensure it contains valid and detailed information
Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders
Tracking & reporting key operational metrics for in-scope activities
Qualification
Required
Bachelor's Degree
3+ years' experience
Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role
Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
Must possess excellent verbal and written communication skills
Good project management/ business analysis/ process analysis skills
Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace
Strong organizational skills with attention to detail and ability to manage multiple priorities
Preferred
Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP)® Certification will be a plus
Company
EXL
EXL is a provider of Transformation and Outsourcing services to Global 1000 companies in multiple industries
H1B Sponsorship
EXL has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$150MKey Investors
The Orogen GroupFTV Capital
2018-10-02Post Ipo Debt· $150M
2006-10-20IPO
2004-12-01Series Unknown
Leadership Team
Recent News
MarketScreener
2025-12-24
SalesTech Star
2025-12-24
2025-12-19
Company data provided by crunchbase