Senior Analyst, Sourcing

Posted Yesterday
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Stamford, CT
Mid level
Fintech • Consulting • Financial Services
The Role
The Senior Analyst, Sourcing will issue and maintain purchase orders, manage vendor relations, process internal purchasing requests, and ensure compliance with policies. This role requires analytical skills and the ability to drive procurement workflows while providing insights on purchasing behaviors.
Summary Generated by Built In

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The Analyst, Sourcing Operations will be responsible for Issuing and maintaining Purchase Orders, Obtaining the required approvals and documentation, Administering catalogues and online vendor sites for ordering office supplies/forms.  Review and process internal purchasing requests. Interface with vendors as needed. Assist in the timely resolution of procurement-related issues by following established policies, procedures, and guidelines. 

  • Assist with management of the daily procure-to-pay technology, procedures, and supplier relationships.
  • Issue and maintain Purchase Orders. Obtain the required approvals and documentation.
  • Administer online vendor sites for ordering office supplies/forms. 
  • Review and process internal purchasing requests. 
  • Extrapolate purchasing data from iProcurement tool.
  • Provide insight to corporate purchasing behaviors and assist in ongoing demand management efforts.
  • Provide reports on procurement activity as needed. Hold an understanding of vendor payment processing at Webster.
  • Ensure compliance with all regulations, policies, and procedures.
  • Perform vendor maintenance including adding new vendors, updating existing vendors.
  • Ensure proper compliance by performing TIN checks and OFAC screening in accordance with policy.

Qualifications:

  • Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
  • 3+ years of related experience in Procurement, Strategic Sourcing of Indirect Services, including, but not limited to, IT software and hardware, professional services, telecom, consulting and temp labor.
  • Demonstrated analytical, problem solving, organizational and project management skills
  • Ability to drive end-to-end procurement work-flow process - needs analysis, supplier relations, contract management, etc.
  • Ability to work independently and in teams in a fast-paced environment and multi-task with proven follow-through and adherence to changing priorities and deadlines
  • Strong verbal, written and presentation skills with the ability to effectively interact with vendors, all levels of management and internal colleagues
  • Strong Excel, Word and PowerPoint skills required

The estimated salary range for this position is $70,000USD to $85,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

#LI-BB1

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Top Skills

Excel
PowerPoint
Word
The Company
HQ: Stamford, CT
4,708 Employees
On-site Workplace
Year Founded: 1935

What We Do

Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions.

Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.

© 2021 Webster Financial Corporation. All rights reserved.
Webster Bank, the Webster Bank logo and the W symbol are trademarks of Webster Financial Corporation and Registered in the U.S. Patent and Trademark Office.

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