Sr Analyst, Strategic Sourcing

Company

The Company Pay Pal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, Pay Pal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. Pay Pal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a Pay Pal or Venmo account balance, Pay Pal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.

Our Pay Pal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk.

We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.

Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

The Sr. Analyst, Strategic Sourcing is accountable for developing, managing and executing the sourcing strategy for financial services technology and data categories of spend. This individual will work closely with business units to manage sourcing strategies that drive significant value and impact for the business unit operations and profitability. They will drive Sourcing projects (RFPs, RFIs, direct negotiations, etc.) building both, short/medium and long-term opportunities to drive sourcing excellence.

The candidate will possess excellent sourcing, stakeholder management and team building experience & skills.

• Develop and implement strategic sourcing plans that align with Pay Pal's overall business objectives and procurement strategies.
• Conduct comprehensive category and supplier analysis to identify opportunities for cost savings, risk mitigation, and performance improvement.
• Lead negotiations with suppliers to secure favorable terms, pricing, and service levels, ensuring optimal value for Pay Pal.
• Manage supplier relationships to ensure high-quality performance, compliance with contractual obligations, and continuous improvement.
• Collaborate with cross-functional teams to understand business needs, gather requirements, and develop sourcing strategies that support organizational goals.
• Monitor market trends and industry developments to identify potential risks and opportunities in the procurement landscape.
• Evaluate and select vendors based on thorough research, assessment, and alignment with Pay Pal's strategic goals and quality standards.
• Develop and maintain procurement policies and procedures to ensure compliance with internal and external regulations.
• Analyze spend data and procurement metrics to track performance, identify areas for improvement, and report findings to senior management.
• Provide guidance and mentorship to junior analysts and other…