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Analyst – Procurement Operations (Strategic Sourcing and Procurement/ Third Party Risk)

Job ID: R-023718 Date posted: 06/23/2022 Primary Location SC-Fort Mill

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

The Strategic Sourcing and Procurement (SS&P) team is located in the new LEED certified Carolinas campus (Fort Mill, SC) and is responsible for managing the full end-to-end sourcing and procurement lifecycle.  SS&P’s mission is to 1) Deliver sustainable, ethical practices and leadership to enable the selection of external partners to drive the best service, quality, and value for LPL while appropriately mitigating risk. 2) Provide leadership to our business partners through LPLs center-led Vendor

Management Program to ensure that any contractual and performance risks are effectively mitigated. 3) Drive operational excellence through assisting in the management of our Procure-to-Pay system, Ariba and Risk system, OneTrust.  

As part of our goal to become a trusted business partner, we are aligned to business units and responsible for meeting regularly with the business to understand their needs, create efficiencies and enhance the user experience in our tools. The ideal candidate for this role will not only have Ariba administrative experience, but an understanding of sourcing, contracting, and/or vendor management, as well as a strong business acumen to enable informed and targeted decision to drive continuous improvement.   

Responsibilities:

  • Manage queue in our procure-to-pay system, ARIBA, in a timely manner and within SLA.
  • Partner with Ariba to troubleshoot problems and develop resolution.
  • Develop strategies to improve Ariba processes.
  • Ariba Catalog management and support.
  • Bring thought leadership to identify operational efficiencies.
  • Work in collaboration with multiple departments and business partners to develop strategy and/or resolution of issues.       
  • Represents and advocate SS&P strategies and goals across the firm. 

What are we looking for?

We want strong collaboratorswho can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

  • SAP Ariba Administrator experience a must
  • Excellent customer service, written and verbal communication skills with strong team work, leadership and interpersonal skills
  • Ability to adjust priorities and monitor workload to meet SLA’s, as well as meet challenging deadlines at times
  • MS Office skills including Excel, SharePoint, Word and Power Point

Preferences:

  • SAP Ariba Administrator of upstream and/or downstream
  • Understanding of OneTrust system a plus
  • Proven ability to multitask, prioritize workload, and collaborate across multiple business units
  • Unimpeachable ethical standards and a strong work ethic
  • Grace under pressure and a sense of humor!

Why LPL? 

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees.We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

Want to hear from our employees on what it’s like to work at LPL?  Watch this!

We take social responsibility seriously. Learn more here

Want to see info on our benefits?  Learn more here

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (800) 877-7210.

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