About the job Sourcing Specialist (Indirect)
A global financial services organization operating a centralized shared services model, delivering insurance, wealth, and asset management solutions with strong governance and operational discipline.
Role Overview:
The Sourcing Specialist executes tactical and mid-level sourcing initiatives across Corporate, Business, and Technology categories. Focused on high-volume, low-to-moderate complexity engagements, the role ensures efficient delivery while maintaining governance, risk, and compliance standards. The position partners with internal stakeholders to drive sourcing, contract negotiation, and third-party risk alignment.
Key Responsibilities:
• Manage sourcing for lower-spend, high-volume categories (e.g., professional services, HR, marketing, finance, IT).
• Lead the full sourcing lifecycle: intake, competitive events, negotiation, and contract execution.
• Review and negotiate contracts in collaboration with Legal and business stakeholders.
• Coordinate third-party risk assessments, AML checks, and compliance approvals.
• Ensure adherence to governance checkpoints and regulatory requirements.
• Resolve procurement issues and supplier escalations efficiently.
• Build and maintain strong relationships with internal clients.
• Drive process improvement and adoption of standardized procurement workflows and systems.
Qualifications:
• 3+ years in sourcing or procurement within a governance-driven environment.
• Experience managing sourcing events, negotiations, and contract execution.
• Strong stakeholder management and influencing skills.
• Knowledge of vendor contracts and procurement platforms (e.g., SAP Ariba).
• Understanding of third-party risk in regulated industries preferred.
• Strong analytical and financial skills, including advanced Excel.
• Excellent communication skills and ability to work independently or within a team.
• Comfortable navigating ambiguity with a results-driven mindset.