Strategic Sourcing Analyst

**Strength in Trust**: OneTrust unlocks the full potential of data and AI, securely and responsibly. Our platform enforces the secure handling of company data, empowering organizations to drive innovation responsibly while mitigating risks. With a comprehensive suite of solutions spanning data and AI security, privacy, governance, risk, ethics, and compliance, OneTrust enables seamless collaboration between data teams and risk teams to enable rapid and trusted innovation. Recognized as the market leader in trust, OneTrust boasts over 300 patents and serves more than 14,000 customers globally, ranging from industry giants to small businesses. **The Challenge**: OneTrust seeks a Strategic Sourcing Analyst to join our Global Source-to-Pay team and support Strategic Sourcing. This role will maximize value from OneTrust's vendor relationships and ensure our internal teams have the products, tools, and services for success. The analyst will play a vital role in developing our Strategic Sourcing function. **Your Mission**: Strategic Sourcing: - Lead contract reviews and negotiations across all non-tech 3rd party spend categories to ensure OneTrust secures favorable business terms including cost reduction and process improvements. - Lead contract reviews and negotiations for non-tech third-party spending, focusing on favorable business terms, cost reduction, and process improvements. - Handle market research, data management, cost modeling, RFx coordination, supplier communications, negotiations, contracting, and performance management. - Manage spending projects with goals like savings, process efficiency, supplier consolidation, risk management, and expense transparency. - Conduct cost evaluations, supply-market research, pricing audits, and impact analysis to drive cost improvements. - Lead supplier QBRs to ensure strategic outcomes. - Monitor and enhance supplier performance against SLAs and quality metrics. - Oversee vendor integration for acquisitions, coordinating cross-functionally and at all organizational levels. Third-Party Risk Management: - Support TPRM team in managing vendor risk assessments and setting expectations. - Serve as OneTrust's representative for vendor communications during risk assessments. - Collaborate with TPRM to review and monitor vendor risk, addressing risks with mitigation plans. Business Partner: - Collaborate effectively with all team members across the organization in a personable, approachable way. - Support internal customers by ensuring accurate transactions, effective supplier management, and accountability. - Communicate clearly and promptly with business partners, coworkers, and management. - Maintain a strong 'Customer Focus' attitude. **You Are**: - BA/BS, preferably in a field with an analytical focus (Business, Economics, Accounting, or Engineering). - 3-5 years of relevant experience. - Ability to work in a fast-paced setting with strong attention to detail. - Skilled at prioritizing and managing multiple requests. - Process-oriented, able to create playbooks and frameworks for due diligence. - Experienced in developing and executing negotiation strategies. - Strong quantitative skills for problem-solving. - A data-driven approach to decision-making. - Proficient in conducting fact-based analyses that aid problem-solving, proposals, and negotiations. - Experienced in data analysis and sourcing recommendations. **Where we Work**: OneTrust embraces a flexible working model. The underlying "why" for our workplace strategy is that we are intentional about the culture that we want to create together. That includes bringing teams together, in-person, throughout the year to collaborate, build connections, learn from each other, and celebrate our wins to _Finish Stronger_. Each role may have specific flexible, hybrid, or in-office requirements, so we encourage you to verify the location of the role with your recruiter during your first interview. **Benefits**: **Resources**: Check out the following to learn more about OneTrust and its people: - OneTrust Careers on YouTube **Your Data**: You have the right to have your personal data updated or removed. You also have the right to have a copy of the information OneTrust holds about you. Further details about these rights are available on the website in our Privacy Overview**. **You can change your mind at any time and have your personal data removed from our database. In order to do this you must contact us and let us know you wish to be removed. The request should be made on the Data Subject Request Form. **Our Commitment to You**: When you join OneTrust you are stepping onto a launching pad — the countdown has begun. The destination? A career without boundaries working alongside a diverse and inclusive crew who is passionate about doing meaningful work. As a pioneer, your voice and expertise will help chart the direction of an entirely new industry — Trust. Our commitment to putting people first starts wit