Sr. Analyst, IT Procurement
Franchise World Headquarters, LLC
Shelton, CT
Position Overview
The Sr. Analyst, IT Procurement leads and supports sourcing initiatives and contract negotiations for Subway's lower-spend, less-complex technology and vendor categories. This is not a purely administrative tracking role - the Sr. Analyst runs competitive bid events, negotiates commercial terms directly with vendors, and owns contracts end-to-end for their assigned categories, while partnering with senior sourcing leadership on larger or more complex deals.
On a given week, the Sr. Analyst might be leading an RFP for a software or services renewal, negotiating pricing and terms directly with a vendor, drafting and redlining a statement of work, or reviewing SLA performance with a technology stakeholder ahead of a renewal decision. Vendor performance tracking and license compliance remain part of the job, but the core of the role is sourcing and negotiations - running the deal and driving meaningful savings and performance improvement, not just monitoring it after the fact.
Reporting to the Director, Technology Sourcing & Procurement, this role partners closely with Technology business owners and managers, and coordinates regularly with stakeholders and Legal teams throughout sourcing, negotiation, and contract execution. It's a strong seat for someone who wants real, hands-on negotiation experience in their career, can deliver meaningful results, and demonstrate strong leadership with a clear growth path over time.
Responsibilities
Sourcing Strategy & Negotiation
• Lead or support sourcing initiatives for technology and other indirect categories from opportunity identification through supplier selection.
• Run competitive bid events (RFPs/RFIs), building bid packages, evaluation criteria, and comparative analysis to support award recommendations.
• Negotiate pricing, commercial terms, and service levels directly with vendors on agreements, escalating higher-risk or higher-value negotiations to senior sourcing leadership.
• Use market analysis and benchmarking to identify savings opportunities and inform category strategy.
Contract Management & Execution
• Draft, review, and redline standard vendor agreements, statements of work, and amendments for assigned categories, partnering with Legal on nonstandard or higher-risk terms.
• Serve as the point of contact between internal business stakeholders and vendors throughout contract development and negotiation, coordinating with Legal as needed.
• Track contractual compliance and flag potential risk that contract or scope changes may pose to the organization.
• Prepare negotiation and contract status updates for management and help resolve open contract issues.
Vendor Performance & Compliance
• Track, measure, and report on vendor service performance through periodic reviews with key stakeholders, monitoring KPIs and SLA compliance.
• Maintain license compliance tracking, contract renewal/expiration records, and vendor certification deadlines, flagging risk before it becomes a lapse in coverage.
Category & Stakeholder Partnership
• Build strong working relationships with business stakeholders to understand demand and align sourcing strategy with business priorities.
• Support the demand management process and identify opportunities for spend consolidation or standardization within assigned categories.
Qualifications
Technical & Functional Skills
• Sourcing & RFx leadership: able to run RFPs/RFIs end-to-end from bid design, evaluation criteria, comparative analysis, and award recommendation.
• Contract negotiation: comfortable leading negotiations on pricing and commercial terms.
• Contract drafting & redlining: able to draft and mark-up standard vendor agreements and amendments, escalating higher-risk or nonstandard terms to Legal.
• Category & market analysis: uses spend and market data to identify savings opportunities and inform negotiation strategy.
• Vendor performance & license compliance: tracks SLA/KPI performance and license usage against entitlement to keep cost and compliance aligned with business need.
• Strong Excel and PowerPoint skills for negotiation prep, tracking, and business-ready presentations.
• Experience with Procurement tools including CLM and Spend Analytics.
Interpersonal & Collaboration Skills
• Confident negotiator: holds firm on the company's interests while building durable, working vendor relationships.
• Clear communicator: translates contract and negotiation detail into plain language for technical staff and business stakeholders.
• Reliable coordinator: serves as a dependable liaison between Technology, Procurement, and Legal throughout the sourcing and contracting cycle.
• Sound judgment: knows when to close a negotiation independently and when to escalate scope, risk, or value to senior sourcing leadership.
• Detail-oriented and organized: manages multiple active sourcing events and contracts at once without dropping details.
• Coachable and growth-oriented: eager to build toward a category or sourcing management career path.
Experience & Background
• 5+ years of experience in strategic sourcing, procurement, or contract negotiation; technology/IT category experience required, other indirect category experience a plus.
• Demonstrated experience independently negotiating and closing lower-dollar, less-complex vendor agreements.
• Comfortable drafting and redlining standard commercial contract terms, with good judgment on when to involve Legal.
• Working knowledge of the procurement lifecycle from sourcing strategy through contract execution; direct RFx leadership experience preferred.
• Experience reading and interpreting vendor license, maintenance, and service agreements.
• Proven track record of driving meaningful savings and service level improvements.
• Bachelor's degree in Technology, Engineering, Business, Supply Chain, or a related field, or equivalent work experience.
• Experience with e-sourcing, spend, or CLM platforms.
What do we offer?
• Insurance Plans (Medical, Life)
• Pension/401K/RSP (country specific)
• Competitive Bonus
• Mobility Allowance
• Tuition Reimbursement
• Company Holidays
• Volunteering time
• And More.....
Compensation: The base pay range for this role is $91,400-$114,400 annually
Pay within this range will be determined in good faith based on job-related factors, which may include skills, experience, education/training, location, and internal equity.
