Sourcing Analyst

The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Summary:

Job Description:

Strategic Sourcing Analyst

Job Description Summary

The Strategic Sourcing Analyst is accountable for developing, managing and executing the sourcing strategy for Marketing, Professional Services, and Technology categories of spend. This individual will work closely with business units to manage sourcing strategies that drive significant value and impact for the BU operations and profitability. They will drive Sourcing projects (RFPs, RFIs, direct negotiations, etc.) building both, short/medium and long-term opportunities to drive sourcing excellence. The lead will possess excellent sourcing, stakeholder management and team building experience & skills.

Job Description

PayPal Strategic Sourcing oversees over $3 billion in global spend.  We partner closely with the various business teams to minimize risk and maximize value through Strategic Sourcing and value optimization.  This team is part of the Global Strategic Sourcing organization in Finance.

Key Responsibilities

• Work with the BUs and leadership to understand strategic direction, demand requirements and business objectives and priorities.
• Drive thought leadership in the category providing market and industry intelligence, trends, innovation and best practices.
• Drive analysis of category spend to identify opportunities to reduce total category spend utilizing all savings levers. Develop business cases to substantiate opportunities and prioritization.
• Develop and execute sourcing strategies and plans.
• Develop supplier negotiation strategies that reflect and maximize PayPal’s buying power, focus on service quality/performance, and minimize risk exposure.
• Assist BUs manage in-category strategic supplier relationships.
• Interact with all levels of management, including senior management, and stakeholders including Finance, Legal, Accounting, and suppliers to ensure strategic direction, operational and quality goals are achieved.
• Ability to build, maintain, and grow relationships with internal business partners while earning their trust

Qualifications

• Bachelor´s Degree needed; degree in in Business, Finance, or Supply Chain preferred
• 2-5 years of experience with Sourcing/Procurement
• Analytical ability to quickly gather facts, perform root cause analysis and draw conclusions
• Conceptual thinking skills with adeptness to lead others through ambiguous and/or complex issues
• Experience managing change across multiple stakeholder groups
• Negotiation skills as well as contract review / analysis experience
• Ability to build consensus and act as an independent arbiter
• Ability to manage multiple projects and tasks concurrently
• Ability to work in a fast-paced, changing environment
• Excellent oral and written communication and interpersonal skills
• Experience working in a global organization is preferred
• Proficiency in Microsoft Office suite, including Word, PowerPoint, and Excel
• Knowledge of Procure-to-Pay tool(s), Ariba is a plus
• Knowledge and prior usage of Business Intelligence tools

Preferred Qualification:

Subsidiary:

Travel Percent:

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law.  In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talentaccommodations@paypal.com.  

Belonging at PayPal: 

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.