Sr Analyst, Technology Sourcing

Sr. Analyst, Technology Sourcing

Shape the future of Technology by developing software sourcing strategies, where your insights drive innovation, your negotiations fuel growth, and your impact is seen across every corner of the business. At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. If you're ready to take the next step, discover what's possible with LPL Financial.

This Sr. Analyst, Technology Sourcing role is within our Strategic Sourcing and Procurement (SS&P) team supporting the Technology Division. This team plays an essential role enabling Technology's mission to deliver innovative solutions to our clients that align with LPL's corporate strategy and objectives. The Sr. Analyst will be responsible for managing and supporting Technology's Software commercial and contractual negotiations.

Responsibilities :

• Establish strong relationships and partner with stakeholders in IT, Vendor Management, Finance, Legal, and Technology / Product to lead end-to-end sourcing of software solutions.
• Assist with the development of category plans; analyze software spend, vendor, performance, and external market trends to deliver actionable insights for both short- and long-term sourcing strategies.
• Develop and manage RFx processes to support business and technology requirements; analyze and make data-driven recommendations.
• Lead contract negotiations, partnering with Legal and the business to optimize overall value for LPL, including financial outcomes, service levels, and risk mitigation.
• Negotiate low - medium dollar & risk contracts with key IT vendors. Contracts include, MSAs, SaaS Agreements, EULAs, Orders, etc.
• Analyze software spend and licensing models to uncover cost-savings opportunities and drive optimization.
• Be a trusted advisor to our internal business partners, delivering insights that influence decisions and technology roadmaps.
• Track technology trends and supplier landscapes to support future-proofing of our software stack.
• Review contracts to ensure compliance to sourcing and contracting policies and procedures, and to escalate concerns to legal and business partners.
• Understand Technology's operational needs while anticipating new opportunities.
• Process contract extensions, renewals and terminations.
• Enhance, prepare and deliver compelling Commodity / Spend reporting and presentations.
• Represent and advocate SS&P strategies and goals across the firm.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements :

Core Competencies :

Preferences :

Pay Range : $71,588-$119,313 / year. 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!

LPL Financial Holdings Inc. (Nasdaq : LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

Join LPL Financial : Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation's leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

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

Information on Interviews :

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant's bank or credit card. Should you have any questions regarding the application process, please contact LPL's Human Resources Solutions Center at (855) 575-6947.