Senior Analyst, IT Sourcing and Vendor Management

Posted 3 Hours Ago
Be an Early Applicant
Bangalore, Bengaluru Urban, Karnataka, IND
Hybrid
50K-70K Annually
Mid level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Senior Analyst, IT Sourcing and Vendor Management will manage procurement processes, vendor performance, and support IT transformation projects, ensuring compliance and effective reporting.
Summary Generated by Built In
Job descriptions may display in multiple languages based on your language selection.
What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Group Summary:
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
Magna is seeking a Sr. Analyst, IT Sourcing and Vendor Management (SVM) to work in Magna IT's SVM department. The Sr. Analyst will be part of a global team that has presence in North America, Europe, and Asia Pacific. The successful candidate will play a critical role in supporting both the IT Professional Services transformation project and the Software Optimization project, focusing on contract governance, compliance, and spend reporting. The Sr. Analyst may also be responsible for negotiating and managing various regional and global IT contracts. In addition, the Sr. Analyst will represent Magna IT's SVM team in the country when working with internal customers and global partners. The Sr. Analyst will support, on a global basis, Magna IT, Magna Corporate, Group, and Divisional locations.
Major Responsibilities
  • Own and manage recurring SVM reporting processes, including monthly, quarterly and ad-hoc reporting
  • Develop and maintain dashboards and analytics to track spend, supplier performance, and compliance leveraging Workday and Power BI
  • Facilitate the SVM procurement lifecycle process
  • Monitor and manage vendor performance, ensuring compliance with SLAs and KPIs
  • Conduct regular vendor reviews and audits to assess performance and address any issues
  • Demonstrate proven experience in vendor performance and relationship management
  • Perform Supplier Management, Tier 3 Contracting and Governance specifically in IT Professional Services & Software Optimization Programs

Skills and Competencies
  • Potential candidates for this position are IT Vendor Management/Procurement subject matter experts
  • Effective problem-solving skills for supplier related issues
  • High attention to detail in contract, performance monitoring, data validation and reporting accuracy
  • Ability to design structured reports that are scalable, repeatable, and user-friendly
  • Ability to translate complex data into executive-friendly insights
  • Experience working with multiple data sources (supplier reports, financial data, spend data, etc)
  • Strong interpersonal skills for building positive supplier relationships and stakeholder management
  • Excellent negotiation skills and trainings
  • People leadership and influence skills
  • Business English ability (written & oral) is required
  • German language skills (written & oral) is an asset
  • Project Management skills in larger transformation projects
  • Excellent Microsoft Skills (Excel, PowerPoint, SharePoint, Word, Teams, Outlook)
  • Executive Communication skills
  • Expert Business Acumen and Financial Analysis

Knowledge and Education
A bachelor's degree is typically required, in the absence of equivalent work experience. Degrees in the analytical field are preferred, such as business, economics, psychology, computer science, mathematics, statistics, or finance.
A supply Chain Degree or Certification is an asset.
Work Experience
5-7 years of work experience in the field of IT Vendor Management or Procurement would be preferred with a strong background in data analysis, reporting and dashboarding.
Work Environment
Regular travel 10-15% of the time
Travel activities, if needed, are generally more local trips to visit either internal customers and colleagues or to meet with vendors.
For dedicated and motivated employees, we offer both an interesting and diversified job within a dynamic team, and the individual and functional development enabled by a globally acting business. Fair treatment and a sense of responsibility towards employees are the principles of our Magna culture. We strive to offer an inspiring and motivating work environment.
Awareness, Unity, Empowerment:
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Worker Type:
Regular / Permanent
Group:
Magna Corporate

Skills Required

  • Bachelor's degree in analytical fields or equivalent work experience
  • 5-7 years of experience in IT Vendor Management or Procurement
  • Strong background in data analysis, reporting and dashboarding
  • Experience with contract governance and compliance

What the Team is Saying

Doug
Dave
Sreeni
Sam
Jim

Magna International Compensation & Benefits Highlights

  • Strong & Reliable Incentives Profit sharing is formalized in the corporate constitution, allocating a portion of qualifying pre‑tax profits to employees and typically delivered in cash and/or Magna equity. This structure is positioned as unusually strong for a large manufacturer.
  • Healthcare Strength Core U.S. coverage includes medical, dental, vision, disability and life insurance, plus flexible spending accounts and an Employee & Family Assistance Program. The breadth of this lineup aligns with mainstream comprehensive employer healthcare.
  • Retirement Support Retirement offerings include a 401(k) with company match and profit‑sharing eligibility, with some regions/plants still maintaining defined‑benefit pensions. This mix provides multiple avenues for long‑term savings beyond base pay.

Magna International Insights

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The Company
HQ: Aurora, Ontario
171,000 Employees
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries. We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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Magna International Teams

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About our Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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