Strategic Sourcing Analyst - 15928

Role : Strategic Sourcing Analyst

Years Exp : 1-5 years

Location : HDQ Vienna, VA / Hybrid

Description :

Responsible for leading the RFx development, negotiation, and source selection process at NFCU. Perform due diligence activities for potential vendors, issuing RFx's, conduct price analysis and negotiation and source selection. Ensure compliance with Navy Federal Credit Union procurement policies and procedures. Leverage best in class practices and sound sourcing processes that will drive reliable and innovative Total Cost of Ownership initiatives. Assist in the planning and execution of sourcing initiatives that result in successful contracts that support business goals and strategies.

Responsibilities :

• Assist the strategic sourcing organization in collaboration with our partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights
• Preparation, issuance and management of a RFP's / RFIs
• Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works.
• Administer the supplier due diligence process including non-disclosure agreements, Source Justification, and intake request triage.
• Participates in collaborative handoffs with Procurement to ensure effectively negotiated contracts that meet desirable financial terms and conditions.
• Ability to analyze large data sets to ensure objective outcomes
• Maintain Relationships with lines of business, team members, management, key stakeholders and external contacts (vendors, etc)
• Collaborate with stakeholder groups (Operations, PVM, EPMO, OGC, Information Security, etc) to achieve objectives and ensure alignment with Navy Federal's strategy and business operations.
• Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement / sourcing processes and building relationships with key stakeholders
• Support higher level staff with analyzing business unit requirements for leveraging opportunities, supplier recommendations and acquisition planning
• Assist in source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources
• Obtain and analyze vendor performance and delivery data for to ensure quality, consistency, and fairness to inform sourcing activities
• Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results.
• Assist in the development of product category strategy and research new product options in the category to drive TCO savings and achieve targets
• Perform market data analysis and monitor relevant market conditions for assigned categories
• Perform other duties as assigned

Qualifications and Education Requirements :

Desired Qualifications and Education Requirements :

Professional Certification CPSM Bank Secrecy Section (BSA) : Remains cognizant of and adheres to Navy Federal policies and procedures, regulations pertaining to the Bank Secrecy Act.

About Seneca Resources :

Seneca Resources is client driven provider of strategic Information Technology consulting services and Workforce Solutions to government and industry. Seneca Resources is a leading IT services provider with offices in Reston, Virginia, Alabama and Columbia, Maryland that service clients throughout the United States. The key to our success lies within our strong corporate culture which drives our business. We challenge our staff through engaging work, and we reward our staff through competitive compensation, extensive professional training, and excellent opportunities for career advancement. In turn, we look for only the best and brightest to join our team. We are an Equal Opportunity Employer and value the benefits of diversity in our workplace.