Sr Analyst, Technology Sourcing

LPL Financial Holdings, Inc. • $73K — $122K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in strategic sourcing, procurement, or contract management, particularly in technology or software agreements.
  • Proven track record in analyzing supplier proposals and negotiating commercial terms for software and related services.
  • Familiarity with the sourcing and contracting lifecycle, including negotiation and contract execution.
  • Strong communication skills to convey complex commercial information to diverse stakeholders.
  • Excellent analytical, organizational, and project management abilities, capable of handling multiple negotiations in a fast-paced environment.

Responsibilities

  • Lead sourcing activities for software, SaaS, and technology services from intake to contract execution.
  • Develop negotiation strategies based on stakeholder needs and supplier proposals.
  • Negotiate pricing, licensing models, and service commitments in collaboration with Legal and internal teams.
  • Align sourcing decisions with organizational priorities and governance expectations.
  • Manage supplier communications and contract workflows with precision and follow-through.
  • Identify opportunities to enhance value and simplify agreements across the software portfolio.
  • Maintain sourcing records and provide clear updates and recommendations to stakeholders.

Benefits

  • 401K matching
  • Health benefits
  • Employee stock options
  • Paid time off
  • Volunteer time off
Full Job Description
Help shape the commercial strategy behind the technology that powers LPL Financial. As a Sr. Analyst, Technology Sourcing, you will partner with Technology, Strategic Sourcing and Procurement, Legal, Finance, and other stakeholders to support software sourcing decisions and negotiate agreements that balance business value, speed, risk, and long-term partnership. This is an opportunity to apply strong commercial judgment in a visible role supporting technology innovation across the firm. Job Overview: The Sr. Analyst, Technology Sourcing is an individual contributor within the Strategic Sourcing and Procurement team supporting the Technology Division. This role manages and supports commercial and contractual negotiations for software and related technology solutions. The Sr. Analyst will help stakeholders evaluate supplier proposals, structure competitive commercial terms, coordinate contracting activities, and support supplier relationships throughout the sourcing lifecycle. Responsibilities: • Lead or support sourcing activities for software, SaaS, licensing, maintenance, renewals, and related technology services, from business intake through negotiation and contract execution. • Develop negotiation strategies using stakeholder requirements, supplier proposals, pricing benchmarks, total cost considerations, and relevant commercial risk factors. • Negotiate pricing, licensing models, renewal terms, service commitments, and other commercial provisions in partnership with Legal and internal stakeholders. • Partner with Technology, Finance, Risk, Legal, and business teams to align sourcing decisions with LPL priorities, governance expectations, timelines, and budgets. • Manage supplier communications, competitive events, proposal analysis, contract workflows, and supporting documentation with accuracy and appropriate follow-through. • Identify opportunities to improve value, reduce cost, simplify agreements, consolidate suppliers, and strengthen commercial terms across the software portfolio. • Maintain sourcing records and provide clear status updates, recommendations, and decision support to stakeholders and sourcing leadership. What are we looking for? We're looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work. Requirements: • Professional experience in strategic sourcing, procurement, vendor management, or contract management, including direct support of technology or software agreements. • Demonstrated experience analyzing supplier proposals and negotiating commercial terms for software, SaaS, licensing, maintenance, or related technology services. • Working knowledge of the sourcing and contracting lifecycle, including requirements gathering, competitive evaluation, negotiation, approvals, and contract execution. • Ability to communicate complex commercial information clearly and collaborate effectively with Technology, Legal, Finance, Risk, and supplier stakeholders. • Analytical, organizational, and project management skills, with the ability to manage multiple negotiations and deadlines in a fast-paced environment. Core Competencies: • Commercial judgment and negotiation • Stakeholder partnership and influence • Analytical problem-solving and attention to detail • Ownership, prioritization, and follow-through Preferences: • Experience sourcing software or technology solutions within financial services or another regulated, complex enterprise environment. • Familiarity with software licensing models, SaaS agreements, subscription renewals, cloud solutions, and supplier performance considerations. • Experience with strategic sourcing tools, contract lifecycle management platforms, e-sourcing systems, or procurement analytics. • Bachelor's degree in supply chain, business, finance, technology, or a related field, or equivalent professional experience. #LI-PA Pay Range: $73,748.00 - $122,879.00 Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play - such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

About LPL Financial Holdings, Inc.

LPL Financial Holdings, Inc. Careers

Joining LPL Financial Holdings, Inc. presents an unparalleled opportunity to become part of a leading team of professionals in the financial services industry. The company is renowned for its commitment to innovation, leadership, and professional growth, making it an ideal workplace for ambitious individuals looking to advance their careers.

Explore Job Opportunities

LPL Financial Holdings, Inc. offers a variety of job opportunities that cater to a range of skills and interests. From entry-level positions to senior leadership roles, each job opening provides a platform for personal and professional development. Candidates can expect a rigorous interview process that ensures each team member is not only a fit for the position but also aligns with the company's culture of excellence and integrity.

Internship Programs

For those starting their career journey, LPL Financial Holdings, Inc. provides robust internship programs designed to offer real-world experience in the financial sector. Internships are a cornerstone of the company's commitment to nurturing young talent, providing a foundation of knowledge and skills that are crucial for future employment in the industry.

Commitment to Diversity and Inclusion

Diversity and inclusion are at the heart of LPL Financial Holdings, Inc. The company believes in empowering all employees through diversity training and leadership opportunities that promote an inclusive workplace. This approach not only enhances team collaboration but also drives innovation and creativity.

Benefits and Culture

LPL Financial Holdings, Inc. is dedicated to supporting its employees with comprehensive benefits designed to promote a healthy work-life balance. Benefits include competitive health care options, retirement plans, and wellness programs. The company culture is built on a foundation of mutual respect and teamwork, encouraging networking and professional development across all levels of the organization.

Professional Growth and Development

Employees at LPL Financial Holdings, Inc. are encouraged to continuously enhance their professional skills and advance their careers within the company. Leadership development programs and continuous learning opportunities are readily available, allowing individuals to achieve their career goals and contribute effectively to their teams.

Join the LPL Financial Holdings, Inc. Team

LPL Financial Holdings, Inc. is actively hiring and looking for passionate, creative, and solution-driven team players. Explore open positions that match your skills and interests on the LPL Financial Holdings, Inc. careers page. Each position offers a chance to be part of a dynamic team that is instrumental in shaping the future of financial services.

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