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• Senior Analyst, Contingent Worker Program - Strategic Sourcing and Procurement

Job ID: R-004967 Date posted: 03/01/2019 Primary Location SC-Fort Mill

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 management of the requisition and contract processes, travel program, contingent worker program, and third party access controls.  

The Vendor Affinity Program (Affinity) leverages the buying power of LPL to negotiate below market pricing for third party products and services to help our advisors by reducing the complexity of how they run their business. Affinity’s goal is to not only to provide savings but also save an Advisor time by doing a portion of the research up front.

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, for conducting spend and contract analysis, and developing category plans to help develop and drive strategic sourcing plans.   The ideal candidate for this role will not only have vendor management, sourcing or contract experience, but also strong business acumen to enable informed and targeted decisions to drive continuous improvement.   

Essential Functions:

A Senior Analyst for the Contingent Worker Program is responsible for working with all levels of internal stakeholders as well as the external vendor community.  A fundamental component of the role is change management and the ability to support the transformation of the Contingent Worker Program as a strategic partner across the firm. 

  • Support the day-to-day management of Contingent Work Program including on boarding, off boarding of resources as well as monitoring end dates, processing extensions and answering questions regarding the process and program.
  • Train Hiring Managers on program and processes
  • Create and manage reporting requirements
  • Single Point of Contact for all requests related to the program including HR, Legal, Compliance, and Technology.  
  • Manage relationship with Agencies to ensure information regarding the program is disseminated properly.  
  • Assist SS&P in creating training documents, implementing SLAs, new Rate Card, improving process, and expanding program
  • Maintain SLAs
  • Manage requests from Accounts Payable or Audit for additional reporting as needed
  • Determine bill rates based on market trends and job role
  • Assist VP SS&P on completing strategic vendor management activities, including but not limited to: QBRs, managing vendor  reporting & analytics,  and pricing reviews
  • Effectively manage Agency and internal partner relationships to deliver best in class service.
  • Be responsible for the overall Affinity reporting & quarterly presentations
  • Manage the direct to Advisor marketing strategy
  • Assist AVP in the development of category plans to provide visibility to spend, vendor summaries, contract summaries, stakeholder engagement, and market insights that lead to both short and long-term strategies.
  • Manage requests in Beeline, in a timely manner and within SLA.
  • Bring strategic thought leadership to identify additional cost and operational efficiencies.
  • Work in collaboration with multiple departments and business partners to develop strategy, policy and/or resolution of issues.
  • Present recommendations and commodity plans to SS&P leadership team and business.
  • Represents and advocate SS&P strategies and goals across the firm. 

Key Qualifications:

  • Use of independent judgment and creativity applied to resolution of contract issues
  • Detail orientated with strong analytical skills and ability to synthesize complex data
  • Advanced MS Office skills including Excel, SharePoint, Word and Power Point
  • Strong relationship building and collaboration skills with the ability to engage and influence others in all levels of the organization
  • Demonstrated problem solving and negotiation skills
  • Previous marketing and project management skills are desirable
  • Experience partnering with external vendors, including vendor and contract management ability, is required
  • Excellent customer service, written and verbal communication skills with strong team work, leadership and interpersonal skills
  • Proven ability to multitask, prioritize workload, and collaborate across multiple business units
  • Ability to work comfortably with incomplete information and deal with ambiguity in a fast-paced environment
  • Ability to meet challenging deadlines

About LPL Financial:

LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL and its affiliates have more than 3,700 employees with primary offices in Boston, Charlotte, and San Diego.

Our Culture:

If you join LPL, you will join a culture that believes in delivering a world-class client experience and looks to all employees to contribute to that goal by sharing their creativity, experience, and passion for continuous improvement. As a destination of choice, our top priorities are growth and development, social responsibility, and financial health for our employees. 

We offer competitive compensation and industry leading benefits, including a wellness facility with onsite fitness classes, healthy meal choices, and a walk-in clinic. We support employee financial health through a 401k match, ESPP, and employee discounts. Work/life balance is our foundation and is supported through paid holidays, and paid time off (including time to volunteer). We foster a diverse work environment through Employee Resource Groups and diverse strategic partnerships.  

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

*As reported by Financial Planning magazine, June 1996-2017, based on total revenue.

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  • Finance, Fort Mill, South Carolina, United StatesRemove