Analyst – Procurement Operations (Strategic Sourcing and Procurement)

Job description

Where Ambition Meets Innovation Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Join LPL Financial’s Procurement team and play a key role in driving operational efficiency and value across the organization. This position supports strategic sourcing initiatives, strengthens vendor management practices, and enhances procurement processes. If you are motivated by data-driven decision-making and cross-functional collaboration, this is an opportunity to contribute directly to business performance and risk mitigation.

Job Overview The Analyst – Procurement Operations (Strategic Sourcing and Procurement) supports procurement activities by analyzing data, assisting with sourcing initiatives, and maintaining procurement systems and processes. This role contributes to cost optimization, operational efficiency, and compliance with internal policies and regulatory requirements.

Responsibilities

- Support strategic sourcing initiatives, including market research, supplier identification, RFP development, bid analysis, and contract negotiation activities.

- Analyze procurement data to identify cost-saving opportunities, trends, and areas for process improvement.

- Assist in the development and implementation of procurement policies, procedures, and standards.

- Collaborate with internal stakeholders to understand business requirements and align procurement activities with organizational goals.

- Maintain procurement systems and tools, ensuring accuracy, completeness, and data integrity.

- Support vendor performance management by tracking metrics, coordinating business reviews, and assisting in issue resolution.

- Prepare reports and presentations on procurement performance, activities, and key metrics.

- Ensure compliance with internal policies, legal requirements, and applicable regulatory standards.

- Provide operational support for procurement processes, including purchase order processing and invoice reconciliation.

- Participate in special projects and initiatives assigned by procurement 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

- Bachelor’s degree in Business Administration, Finance, Supply Chain Management, or a related field.

- 1–3 years of experience in procurement, supply chain, or financial operations.

- Experience using Microsoft Excel for data analysis (e.g., pivot tables, lookup functions).

- Ability to analyze data sets and produce reports to support business decisions.

- Experience supporting procurement processes such as sourcing, purchase orders, or vendor management.

Preferences

- Experience with procurement systems such as Ariba, Coupa, or SAP.

- Experience working within a regulated industry, including financial services.

- Familiarity with procurement policy development or process improvement initiatives.

#LI-PA

Pay Range: $59,843.00 - $99,807.00   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!   Company Overview: LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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.

For further information about LPL, please visit www.lpl.com .

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.

EAC 5.19.26