Sourcing Analyst Jobs in Illinois

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?

About the Role:

As a Sourcing Analyst - Senior, you will play a key role in developing and executing sourcing strategies that drive value, optimize supplier performance, and support the organization’s procurement objectives. Working closely with internal stakeholders and external suppliers, you will conduct market and spend analysis, manage sourcing initiatives, negotiate supplier agreements, and contribute to continuous improvement across sourcing and supplier management processes. This role requires strong analytical skills, business acumen, and the ability to manage complex sourcing activities with a high degree of independence.

What you will be doing:

• Develop and execute sourcing strategies for assigned categories, commodities, and projects to maximize supplier value, reduce risk, and support business objectives.
• Conduct market research, supplier evaluations, spend analysis, and competitive bid events to identify sourcing opportunities and drive informed procurement decisions.
• Lead supplier negotiations, support contract development and management activities, and ensure favorable commercial outcomes.
• Partner with internal stakeholders to understand business requirements, forecast sourcing needs, and align supplier capabilities with organizational goals.
• Monitor industry trends, supplier performance metrics, and market conditions to identify continuous improvement opportunities and enhance supplier relationships.
• Manage sourcing projects and initiatives from planning through execution, ensuring timelines, objectives, and operational targets are achieved.
• Support the implementation and optimization of sourcing processes, tools, and systems that improve efficiency, compliance, and procurement effectiveness.
• Provide guidance and mentorship to less experienced team members while contributing to a collaborative, high-performing sourcing organization.

What you will need:

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, Procurement, or a related field, or an equivalent combination of education and experience.
• Experience in strategic sourcing, procurement, supplier management, contract negotiation, or supply chain operations.
• Strong analytical skills with experience conducting spend analysis, market research, supplier assessments, and sourcing evaluations.
• Demonstrated ability to manage multiple projects, solve complex business problems, and influence stakeholders across varying levels of the organization.
• Excellent communication, negotiation, and relationship management skills with the ability to collaborate effectively with internal and external partners.
• Ability to work independently with limited supervision while balancing competing priorities and delivering results.

Added Bonus If You Have:

• Professional certifications such as CPSM, CSCP, CPM, or equivalent procurement and supply chain credentials.
• Experience with sourcing, procurement, contract management, or spend analytics tools.
• Experience supporting large-scale supplier management or strategic sourcing initiatives within a complex global organization.

At FIS, we are as committed to growing our employees’ careers as our own business. We offer

• Attractive benefits including medical, dental, and vision coverage
• Inclusive and diverse team atmosphere
• Professional and personal development
• Resources to contribute to your community
• Competitive salary and benefits

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $77,430.00 - $131,640.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined by additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass