IT Strategic Sourcing - Sourcer

About the role

The IT Strategic Sourcing Senior Associate supports the execution of the company's overall strategic sourcing strategy across the IT portfolio, including development and execution of RFPs/RFQs, contract negotiations, and related sourcing activities for procurement requests. The role is a contract position with a 2‑round interview process, located in Jersey City, NJ or Tampa, FL.

Responsibilities

• Support the Sourcing team's partnership with the business customers to deliver on the organizational sourcing strategy to meet DTCC's financial and operational control objectives.
• Manage relationships with suppliers to foster strategic partnerships that enable continuous value-delivery.
• Oversee the full lifecycle of the strategic sourcing (including RFx), contracting, and downstream procurement workflow.
• Pro-actively manage renewals to drive savings and mitigate business disruptions.
• Participate in value driven QBRs for key IT vendors.
• Leverage spend and contract data to identify savings and efficiency opportunities.
• Lead sourcing projects by identifying clear objectives that consider financial, risk, and operational benefits for DTCC.
• 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.
• Review requests via centralized intake tool and gather requirements from business clients.
• Review supplier proposals and facilitate process for final vendor selection with appropriate customers.
• Initiate supplier onboarding process and coordinate with suppliers to facilitate onboarding process; manage any required troubleshooting.
• Coordinate with customers to provide general insight to current request status and expected timeline.
• Work closely with corresponding Sourcing Directors to ensure comprehensive understanding of category strategy, requirements and targets.
• Align risk and control processes into day‑to‑day responsibilities to monitor and mitigate risk; increase appropriately.

Requirements

Minimum of 6 years of related experience. Bachelor's degree preferred or equivalent experience.

Skills

• Minimum of 7 years of IT Strategic Sourcing and Category Management at a global organization, preferably in financial services.
• Experience and proven success developing RFXs and negotiating HW, software, telecom/networking, private cloud, public cloud, and IT professional services contracts.
• Knowledge of enterprise IT vendors as well as emerging technology providers.