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Senior Procurement Sourcing Specialist – Outsourcing & Offshoring

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Confidential
Full Time position
Listed on 2026-08-03
Job specializations:
  • Supply Chain/Logistics
    Regulatory Compliance Specialist, Procurement / Purchasing, Supply Chain / Intl. Trade
Salary/Wage Range or Industry Benchmark: 110000 - 170000 USD Yearly USD 110000.00 170000.00 YEAR
Job Description & How to Apply Below

We are a global procurement and strategic sourcing organization supporting leading financial services institutions across multiple regions. Our organization partners with clients to deliver sourcing excellence, commercial value, operational efficiency, and third-party risk management across a broad range of indirect spend categories.

This is an opportunity to join a high-performing international sourcing team focused on complex outsourcing and offshoring initiatives within regulated environments.

The Role

We are seeking an experienced Senior Procurement Sourcing Specialist – Outsourcing & Offshoring to lead strategic sourcing initiatives across Business Process Outsourcing (BPO) categories within the banking and financial services sector.

This is a senior, client-facing role requiring deep expertise in category strategy, supplier selection, commercial negotiations, and contract management. The successful candidate will act as a trusted advisor to senior stakeholders and play a key role in delivering commercial, operational resilience, and third-party risk outcomes through effective sourcing strategies.

The successful candidate will collaborate with sourcing professionals across multiple regions while providing category expertise to support a global client portfolio.

Key Responsibilities

As a Senior Procurement Sourcing Specialist – Outsourcing & Offshoring
, you will:

  • Act as a strategic sourcing partner to senior stakeholders within regulated financial services environments.
  • Lead end-to-end BPO and offshoring sourcing initiatives, from strategy development through contract execution.
  • Develop category strategies, conduct market analysis, and assess supplier capabilities.
  • Design and manage RFI/RFP processes, supplier evaluations, and selection activities.
  • Lead commercial negotiations and support contract development, including outsourcing-specific provisions.
  • Manage complex sourcing programs, including large-scale global outsourcing initiatives.
  • Partner with legal, compliance, risk, and business stakeholders to ensure successful sourcing outcomes.
  • Deliver commercial value, sourcing objectives, and supplier solutions while providing guidance on complex outsourcing initiatives.
Required Experience & Qualifications
  • Proven hands-on experience sourcing Business Process Outsourcing (BPO) services and leading sourcing initiatives end-to-end, from strategy development through contract execution.
  • Demonstrated success managing large, complex, multi-country outsourcing and offshoring programs.
  • Strong commercial, contractual, and negotiation expertise across BPO and business services categories.
  • Experience operating within regulated industries, preferably financial services.
  • Ability to engage, influence, and challenge senior stakeholders while building trusted relationships.
  • Strong analytical, category management, and strategic sourcing capabilities, including supplier assessment and competitive sourcing events.
  • University degree or equivalent professional experience; MCIPS qualification is advantageous but not required.
  • Excellent stakeholder management, communication, project management, and organizational skills, with experience using leading sourcing and procurement technology platforms.
Why Apply?
  • Opportunity to lead high-value and strategically important outsourcing initiatives
  • Exposure to senior stakeholders within global financial services organizations
  • International and collaborative working environment
  • Significant scope to influence sourcing strategy and commercial outcomes
  • Competitive compensation and benefits package
  • Long-term career growth opportunities within a globally connected procurement organization
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Position Requirements
10+ Years work experience
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