Senior Associate - Sourcing Analyst

Location Designation: Hybrid - 3 days per week

This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.

Role Overview:
The Sourcing Analyst is responsible for supporting the Sourcing organization, ensuring agility measures are realized, compliance with procurement policies, auditing data quality across the S2C platform and process, maintaining a calendar of important activities and facilitating effective communications within the Sourcing department and with other stakeholders.

What You'll Do:
I. Agility Assurance:
1. Monitor data integrity and perform regular data quality checks to ensure consistency and reliability across both sourcing (including RFx’s) and contracting projects
2. Track and troubleshoot projects open more than 90 days, 120 days, etc.
3. Identify blocked projects, escalate and work to bring to closure
4. Review all projects for necessary approvals in advance of contract signing phase
5. Partner with Technology and other business areas to identify renewals in Apptio and Ariba in advance of expiration; note key provisions such as COLA caps

II. Communications:
1. Serve as the primary point of contact for Sourcing communications including: Training; Procurement Awards; End of Year; Policy Attestation; Customer Satisfaction survey in cooperation with CPO Chief of Staff and ProcOps
2. Maintain and update roadshow documents as well as frequency and calendar
3. Provide backup to Sourcing team to answer stakeholder questions about process and status; automate status updates

III. Governance and Compliance:
1. Lead annual Procurement Policy review and publishing
2. Conduct regular audits of procurement processes to identify and address any non-compliance or areas for improvement.
3. Design and execute plans to assess procurement activities, including policy compliance across Sourcing team and stakeholders
4. Track the implementation of corrective actions in Sourcing team
5. Maintain records of audit findings and recommendations for continuous improvement

What You'll Bring:

• Strong project management skills
• Procurement experience required, finance or audit experience helpful (3-5 years)
• Drive to completion
• Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels
• Strong organizational skills with the ability to manage multiple tasks and priorities

Bachelor's Degree: Finance, Audit, Supply Chain Management or business practice area

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Pay Transparency

Salary Range: $79,000-$113,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 92646