Sr. Analyst, IT Procurement

About the Role

The Sr. Analyst, IT Procurement leads and supports sourcing initiatives and contract negotiations for Subway's lower-spend, less-complex technology and vendor categories. This role involves running competitive bid events, negotiating commercial terms directly with vendors, and owning contracts end-to-end for assigned categories. You will partner with senior sourcing leadership on larger or more complex deals while gaining hands-on negotiation experience with a clear growth path toward category or sourcing management.

Responsibilities

• Lead or support sourcing initiatives for technology and other indirect categories from opportunity identification through supplier selection; run competitive bid events (RFPs/RFIs), build bid packages, evaluation criteria, and comparative analysis to support award recommendations.
• Negotiate pricing, commercial terms, and service levels directly with vendors on assigned agreements; use market analysis and benchmarking to identify savings opportunities and inform category strategy; escalate higher-risk or higher-value negotiations to senior sourcing leadership.
• Draft, review, and redline standard vendor agreements, statements of work, and amendments for assigned categories; partner with Legal on nonstandard or higher-risk terms; serve as the point of contact between internal business stakeholders and vendors throughout contract development and negotiation.
• Track contractual compliance and flag potential risk from contract or scope changes; prepare negotiation and contract status updates for management; maintain license compliance tracking, contract renewal/expiration records, and vendor certification deadlines, flagging risk before it becomes a lapse in coverage.
• Track, measure, and report on vendor service performance through periodic reviews with key stakeholders, monitoring KPIs and SLA compliance; build strong working relationships with business stakeholders to understand demand and align sourcing strategy with business priorities.
• Support demand management and identify opportunities for spend consolidation or standardization within assigned categories.

Requirements

• 5+ years of experience in strategic sourcing, procurement, or contract negotiation; technology/IT category experience required.
• Demonstrated experience independently negotiating and closing vendor agreements.
• Comfortable drafting and redlining standard commercial contract terms, with sound judgment on when to involve Legal.
• Working knowledge of the procurement lifecycle from sourcing strategy through contract execution; direct RFx leadership experience preferred.
• Experience reading and interpreting vendor license, maintenance, and service agreements.
• Proven track record of driving meaningful savings and service level improvements.
• Proficiency with Excel and PowerPoint for negotiation prep, tracking, and business-ready presentations.
• Experience with eSourcing, CLM, or spend analytics platforms.
• Bachelor's degree in Technology, Engineering, Business, Supply Chain, or a related field (or equivalent work experience).

Preferred Qualifications

• Experience with other indirect spend categories beyond IT (e.g., Professional Services, Contingent Workforce, Facilities).
• CPM, CPSM, or equivalent procurement certification.
• Familiarity with software asset management (SAM) or technology lifecycle management practices.
• Experience in a QSR, Retail, CPG, or franchise environment.

Benefits

• Insurance Plans (Medical, Life)
• Pension/401K/RSP (country specific)
• Competitive Bonus
• Mobility Allowance
• Tuition Reimbursement
• Company Holidays
• Volunteering time

Pay

The base pay range for this role is $91,400-$114,400 annually. Pay within this range will be determined in good faith based on job-related factors, which may include skills, experience, education/training, location, and internal equity.