Job DescriptionThe Sourcing Analyst supports the development, execution, and ongoing management of procurement strategies across assigned vendors and categories. This role partners with internal stakeholders and suppliers to help deliver cost-effective, compliant, and efficient sourcing solutions. The Sourcing Analyst contributes to contract reviews, supplier evaluations, and process improvements while developing foundational sourcing and negotiation skills.
Key Responsibilities- Support the development and execution of sourcing and procurement strategies for assigned vendors and categories
- Partner with internal business stakeholders to identify sourcing needs and recommend effective procurement approaches
- Assist with supplier evaluations, proposal reviews, and sourcing events to ensure business and customer requirements are met
- Support contract review and negotiation activities under the guidance of senior sourcing professionals
- Monitor supplier performance, market trends, and internal priorities to inform sourcing recommendations
- Maintain vendor and contract documentation and support reporting needs
- Contribute to cross-functional sourcing and category projects, including short- and longer-term initiatives
- Assist with process improvements and adoption of tools or technology to drive efficiency and consistency
- Build and maintain positive working relationships with suppliers and internal partners
- Help track and communicate benefits and outcomes from sourcing and category initiatives
Basic Qualifications
- Bachelor's degree in business, finance, supply chain management or logistics, or equivalent work experience
- At least one year of related experience
Preferred Skills and Experience- Exposure to category management or development of sourcing strategies for enterprise spend
- Ability to manage relationships with multiple vendors and internal stakeholders
- Strong analytical, problem-solving, and critical-thinking skills
- Ability to collaborate effectively with teammates and business partners at varying levels
- Strong verbal and written communication skills
- Proficiency with Microsoft Office and comfort learning procurement systems and tools
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 - $109,200.00
Posting may be closed earlier due to high volume of applicants. 
