Bloomberg

IT Procurement Analyst

Bloomberg$80K — $95K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 3 years of experience in IT software procurement
  • Proven expertise in Software and SaaS management
  • Strong negotiation skills for vendor contracts
  • Ability to collaborate with cross-functional teams including IT and Finance
  • Familiarity with state procurement rules and financial principles

Responsibilities

  • Lead end-to-end software acquisitions and contract renewals
  • Optimize software licenses to ensure cost efficiency
  • Conduct evaluations of IT vendors and contracts
  • Support business areas in procurement evaluations
  • Make informed recommendations based on research and analysis

Benefits

  • Hybrid work schedule with 3-4 weeks of on-site training
  • Opportunity for remote work 4 days a week
  • Collaborative environment with multiple departments
  • Influence agency-wide procurement decisions
  • Work independently with general supervision
Full Job Description
Hybrid (On-site training 3-4 weeks; 4 days/week remote)

The Procurement Analyst ensure that products and services are procured in the best interest of the client. This position is responsible for obtaining information technology (IT) related goods and services required by the client. This position is responsible for the evaluation of IT vendors and contracts including the Requests for Quotes (RFQ), Request for Proposals (RFP) and Requests for Information (RFI). This role is project based and is required to work on projects requiring; research, negotiation skills, and evaluation of services and be able to make a recommendation based on their research. They would provide recommendation of supplier selections based on research. They support the business areas in evaluations of goods or services and are able to provide support in negotiations.

Under general supervision, this position is responsible at an agency-wide level for the financial and procurement functions related to IT products and services. This includes Software, Software as a Service (SaaS), Hardware (Desktop, Data Center), Cloud Infrastructure, Telecommunications, IT implementation, Advisory and Managed Services, and new and emerging technologies.

We are seeking a senior IT Procurement Analyst specializing in Software & SaaS Management to oversee our growing software portfolio. In this role, you will lead end-to-end software acquisitions, contract renewals, license optimization, and software vendor negotiations. You will collaborate closely with IT, Legal, Finance, and InfoSec to ensure cost-efficiency, compliance, and seamless SaaS operations.

This position applies broad theoretical job knowledge obtained through advanced education, knowledge of IT products and services, statewide procurement rules and regulation, and financial principals to procure new and existing IT products and services. Works independently with general supervision. The position will be assigned procurements that are difficult but not typically complex in nature. May influence others within the job area through explanation of facts, policies and practices.

Required Skills
Minimum 3 years of Experience IT software Procurement
IT Procurement Analyst specializing in Software & SaaS Management to oversee our growing software portfolio. End-to-end software acquisitions, contract renewals, license optimization, and software vendor negotiations. Collaborate closely with IT, Legal, Finance, and InfoSec to ensure cost-efficiency, compliance, and seamless SaaS operations.

Notes:
Hybrid (On-site training 3-4 weeks; 4 days/week remote)
8:00 AM - 5:00 PM

About Bloomberg

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch. Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a wire service (Bloomberg News), a global television network (Bloomberg Television), digital websites, a radio station (WBBR), subscription-only newsletters, and three magazines: Bloomberg Businessweek, Bloomberg Markets, and Bloomberg Pursuits.
Learn more about Bloomberg
Size
20,000 employees
Industry
Founded
1981

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