Strategic Sourcing Analyst

Posted 22 Hours Ago
Be an Early Applicant
Madrid, Comunidad de Madrid
Mid level
Cloud • Information Technology • Security • Social Impact • Software
The Role
The Strategic Sourcing Analyst is responsible for leading contract negotiations, conducting market research, managing vendor performance, and enhancing supplier relationships. The role involves collaboration across teams to ensure effective supplier management and mitigation of vendor risks while maximizing the value of vendor contracts and supporting internal teams with resources necessary for success.
Summary Generated by Built In
Strength in Trust 

OneTrust unlocks the full potential of data and AI, securely and responsibly. Our platform enforces the secure handling of company data, empowering organizations to drive innovation responsibly while mitigating risks. With a comprehensive suite of solutions spanning data and AI security, privacy, governance, risk, ethics, and compliance, OneTrust enables seamless collaboration between data teams and risk teams to enable rapid and trusted innovation. Recognized as the market leader in trust, OneTrust boasts over 300 patents and serves more than 14,000 customers globally, ranging from industry giants to small businesses.

The Challenge 

OneTrust seeks a Strategic Sourcing Analyst to join our Global Source-to-Pay team and support Strategic Sourcing. This role will maximize value from OneTrust’s vendor relationships and ensure our internal teams have the products, tools, and services for success. The analyst will play a vital role in developing our Strategic Sourcing function. 

Your Mission 

Strategic Sourcing:

  • Lead contract reviews and negotiations across all non-tech 3rd party spend categories to ensure OneTrust secures favorable business terms including cost reduction and process improvements.
  • Lead contract reviews and negotiations for non-tech third-party spending, focusing on favorable business terms, cost reduction, and process improvements.
  • Handle market research, data management, cost modeling, RFx coordination, supplier communications, negotiations, contracting, and performance management.
  • Manage spending projects with goals like savings, process efficiency, supplier consolidation, risk management, and expense transparency.
  • Conduct cost evaluations, supply-market research, pricing audits, and impact analysis to drive cost improvements.
  • Lead supplier QBRs to ensure strategic outcomes.
  • Monitor and enhance supplier performance against SLAs and quality metrics.
  • Oversee vendor integration for acquisitions, coordinating cross-functionally and at all organizational levels.

Third-Party Risk Management:

  • Support TPRM team in managing vendor risk assessments and setting expectations.
  • Serve as OneTrust’s representative for vendor communications during risk assessments.
  • Collaborate with TPRM to review and monitor vendor risk, addressing risks with mitigation plans.

Business Partner:

  • Collaborate effectively with all team members across the organization in a personable, approachable way.
  • Support internal customers by ensuring accurate transactions, effective supplier management, and accountability.
  • Communicate clearly and promptly with business partners, coworkers, and management.
  • Maintain a strong ‘Customer Focus’ attitude.


You Are 

  • BA/BS, preferably in a field with an analytical focus (Business, Economics, Accounting, or Engineering).
  • 3-5 years of relevant experience.
  • Ability to work in a fast-paced setting with strong attention to detail.
  • Skilled at prioritizing and managing multiple requests.
  • Process-oriented, able to create playbooks and frameworks for due diligence.
  • Experienced in developing and executing negotiation strategies.
  • Strong quantitative skills for problem-solving.
  • A data-driven approach to decision-making.
  • Proficient in conducting fact-based analyses that aid problem-solving, proposals, and negotiations.
  • Experienced in data analysis and sourcing recommendations.

 

Where we Work

OneTrust embraces a flexible working model. The underlying “why” for our workplace strategy is that we are intentional about the culture that we want to create together. That includes bringing teams together, in-person, throughout the year to collaborate, build connections, learn from each other, and celebrate our wins to Finish Stronger.

Each role may have specific flexible, hybrid, or in-office requirements, so we encourage you to verify the location of the role with your recruiter during your first interview.

Benefits

As an employee at OneTrust, you will be part of the OneTeam. That means you’ll receive support physically, mentally, and emotionally so that you can do your best work both in and out of the office. This includes comprehensive healthcare coverage, flexible PTO, equity stock options, annual performance bonus opportunities, retirement account support, 14+ weeks of paid parental leave, career development opportunities, company-paid privacy certification exam fees, and much more. Specific benefits differ by country. For more information, talk to your recruiter or visit onetrust.com/careers.

Resources  

Check out the following to learn more about OneTrust and its people: 

  • OneTrust Careers on YouTube
  • @LifeatOneTrust on Instagram

Your Data

You have the right to have your personal data updated or removed. You also have the right to have a copy of the information OneTrust holds about you. Further details about these rights are available on the website in our Privacy OverviewYou can change your mind at any time and have your personal data removed from our database. In order to do this you must contact us and let us know you wish to be removed. The request should be made on the Data Subject Request Form.

Recruitment fraud warning: OneTrust is aware of scams involving false offers of employment with our company. The fraudulent jobs, interviews and job offers use fake websites, email addresses, group chat and text messages. Be aware that we never ask candidates for personal information, IDs or bank information during the interview process. We do not interview prospective candidates via instant message or group chat, and do not require candidates to purchase products or services, or process payments on our behalf as a condition of any employment offer. Please note that any legitimate interview availability requests will come directly from a OneTrust recruiter with an "@onetrust.com" email address. You may also receive legitimate emails from "@us.greenhouse-mail.io". Recruiters will only reach out to candidates who have applied for a role through our ATS (Greenhouse) or prospects via LinkedIn InMail. Job offers will come from a recruiter and may have a "@docusign.net" email address. For more information or if you have been targeted please reach out to [email protected].

Our Commitment to You 

When you join OneTrust you are stepping onto a launching pad — the countdown has begun. The destination? A career without boundaries working alongside a diverse and inclusive crew who is passionate about doing meaningful work. As a pioneer, your voice and expertise will help chart the direction of an entirely new industry — Trust. Our commitment to putting people first starts with you. Your growth is part of the mission. Our goal is to give you the power to embark on the next phase of your uniquely, unique career 

OneTrust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by local laws.

The Company
HQ: Atlanta, GA
2,100 Employees
Remote Workplace
Year Founded: 2016

What We Do

OneTrust unlocks the full potential of data and AI, securely and responsibly. Our platform enforces the secure handling of company data, empowering organizations to drive innovation responsibly while mitigating risks. With a comprehensive suite of solutions spanning data and AI security, privacy, governance, risk, ethics, and compliance, OneTrust enables seamless collaboration between data teams and risk teams to enable rapid and trusted innovation. Recognized as the market leader in trust, OneTrust boasts over 300 patents and serves more than 14,000 customers globally, ranging from industry giants to small businesses.

Why Work With Us

One of our biggest differentiators is that our competitors have a siloed focus on their compliance initiatives where we offer an all-in-one solution that forms this new concept of trust intelligence. It's the only platform of its kind on the market, so working at OneTrust provides a unique, category-defining opportunity to make a difference.

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