Strategic Sourcing Analyst

TEKsystems · Buffalo, NY · 1 mo ago

On-sitePurchasing$40/hrFull-time

Strategic Sourcing team within Procurement, partnering closely with business units to acquire the products and services they need to operate effectively. The position supports sourcing activities for new products/services, contract expirations, and cyclical renewals. Responsibilities include managing procurement workflows such as creating POs, executing DocuSign agreements, running RFPs, and supporting contract negotiations. The workload typically includes 20–30 active projects at a time. Ideal candidates bring strong contract and procurement experience. Experience with Co Pilot is valued; Ariba experience is helpful but not required. Candidates must demonstrate excellent communication, analytical ability, and customer service skills. This role joins a four person sourcing team.

Overview

Works with business and support units to help source suitable vendors at the best price to meet requirements. Carries out the Strategic Sourcing process designed to maximize competition and leverage when selecting and contracting with chosen vendors. Negotiates contracts generally up to 1 m in value.

Primary Responsibilities

For sourcing initiatives work with management to identify an Executive Sponsor and a cross-functional project team to ensure appropriate buy-in support and participation throughout the project.
Guide the Project Team through the Strategic Sourcing process and keep the Executive Sponsor and relevant senior managers informed of progress setbacks and obstacles.
Lead a kick-off meeting with the Project Team to clarify the objectives strategy and proposed timeline of the sourcing initiative.
Develop and execute Requests for Proposals RFPs Requests for Quotes RFQs and/or Requests for Information RFIs based on identified business needs market conditions and corpoate standards.
Facilitate analysis evaluation and scoring of vendor proposals against criteria established and agreed on by the team.
Conduct multiple rounds of bids and coordinate activities such as vendor demonstrations reference calls and on-site visits to short-list vendors.
Lead contract negotiations in conjunction with the Project Team and Legal to ensure we obtain the most competitive pricing and favorable terms possible.
Prepare sufficient documentation to inform Executive Sponsor and senior managers of recommendations and results of the sourcing initiative including any achieved savings customer implications and impacts to business operations.
Guide business and support units through the Third-Party Risk Management Program in conjunction with the Third-Party Risk Management team to ensure selected vendors are properly risk tiered vetted and approved before executing a contract.
Research and analyze procurement trend data at the Bank and recommend savings opportunities to associated business lines ad support functions.
Understand and adhere to the Company's risk and regulatory standards policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
Promote an environment that supports diversity and reflects the MT Bank brand.
Maintain MT internal control standards including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.

Scope of Responsibilities

Strategic Sourcing is a structured process for selecting the most suitable vendors at the best price. Strategic Sourcing includes a six step process that ensures we are maximizing competition and leverage when choosing vendors. As such this position plays an important role in controlling expense and mitigating risk at the Bank. The position is responsible for ensuring contracts are papered properly deals are well-documented and the Bank receives the best value or each dollar spent.

Locations

Albany New York
Amherst New York
Annapolis Maryland
Baltimore Maryland
Binghamton New York
Boston Massachusetts
Brattleboro Vermont
Bridgeport Connecticut
Buffalo New York
Burlington Vermont
Columbia Maryland
Cumberland Maryland
Danvers Massachusetts
Fishkill New York
Getzville New York
Harrisburg Pennsylvania
Hartford Connecticut
Hauppauge New York
Lancaster Pennsylvania
Manassas Virginia
McLean Virginia
Millsboro Delaware
New Haven Connecticut
New York New York
Paramus New Jersey
Radnor Pennsylvania
Rochester New York
Rockville Maryland
Syracuse New York
Tarrytown New York
Timonium Maryland
Washington District of Columbia
Wilkes Barre Pennsylvania
Williamsport Pennsylvania
Williamsville New York
Wilmington Delaware

Experience Level

Entry Level

Job Type & Location

This is a Contract position based out of Buffalo, NY.

Pay and Benefits

The pay range for this position is $40.00 - $40.00/hr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

Medical, dental & vision
Critical Illness, Accident, and Hospital
401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
Short and long-term disability
Health Spending Account (HSA)
Transportation benefits
Employee Assistance Program
Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a fully onsite position in Buffalo, NY.

Application Deadline

This position is anticipated to close on Sep 23, 2026.