Strategic Professional Services Sourcing Specialist

Russell Tobin; Dallas (TX); On-site; USD 85,000 - 115,000; Full time

Job summary

Our client, a top-tier bank in Dallas, TX, is seeking a Professional Services Procurement Specialist to lead sourcing of external consultants and professional services. The role focuses on RFP/RFI/RFQ processes, supplier negotiation, and achieving cost savings.

The ideal candidate will have 3–5 years of professional services sourcing experience, strong analytical skills, and a track record of influencing stakeholders and delivering value in a financial services environment.

Qualifications

• 3–5 years of experience in professional services sourcing or related fields.
• Proven experience with SOW, contracts, time & materials (T&M), and/or managed services engagements.
• Strong experience managing RFP/RFQ/RFI processes and negotiating with suppliers.
• Demonstrated ability to deliver cost savings and cost avoidance.
• Strong analytical skills including spend analysis, financial modeling, pricing analysis, and reporting.
• Experience partnering with business stakeholders and influencing purchasing and sourcing decisions.
• Strong communication, negotiation, presentation, and stakeholder-management skills.
• Financial services industry experience strongly preferred.

Responsibilities

• Lead and manage RFP, RFI, and RFQ processes, including developing requirements, evaluation criteria, and supplier scoring methodologies.
• Negotiate commercial terms, pricing, and contracts with professional services suppliers.
• Analyze supplier spend, pricing, market trends, and performance data to identify cost savings and optimization opportunities.
• Develop and execute cost reduction and cost avoidance strategies.
• Partner with internal stakeholders to understand business requirements and develop appropriate sourcing strategies and supplier solutions.
• Manage sourcing pipelines, savings tracking, supplier optimization, and contract-related activities.
• Evaluate existing sourcing and procurement processes and recommend opportunities for process improvement and efficiency.
• Prepare and present sourcing strategies, savings opportunities, supplier recommendations, and business cases to leadership.
• Support strategic initiatives related to supplier performance, sourcing governance, and procurement effectiveness.

Skills

Professional Services Sourcing

Strategic Sourcing

RFP/RFQ/RFI management

Cost savings & avoidance

Spend analysis & modeling

Stakeholder management

Negotiation & presentation

Financial services experience

Tools

SAP Ariba

SAP Fieldglass

Microsoft Excel

PowerPoint

Tableau

BusinessObjects

Job description

Our client, a top-tier bank in Dallas, TX, is seeking a Professional Services Procurement Specialist to lead sourcing of external consultants and professional services. The role focuses on RFP/RFI/RFQ processes, supplier negotiation, and achieving cost savings.

The ideal candidate will have 3–5 years of professional services sourcing experience, strong analytical skills, and a track record of influencing stakeholders and delivering value in a financial services environment.