Sr Analyst, Technology Sourcing

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.

Help shape the commercial strategy behind the technology that powers LPL Financial. As a Sr. Analyst, Technology Sourcing, you will partner with Technology, Strategic Sourcing and Procurement, Legal, Finance, and other stakeholders to support software sourcing decisions and negotiate agreements that balance business value, speed, risk, and long-term partnership. This is an opportunity to apply strong commercial judgment in a visible role supporting technology innovation across the firm.

Job Overview:

The Sr. Analyst, Technology Sourcing is an individual contributor within the Strategic Sourcing and Procurement team supporting the Technology Division. This role manages and supports commercial and contractual negotiations for software and related technology solutions. The Sr. Analyst will help stakeholders evaluate supplier proposals, structure competitive commercial terms, coordinate contracting activities, and support supplier relationships throughout the sourcing lifecycle.

Responsibilities:

• Lead or support sourcing activities for software, SaaS, licensing, maintenance, renewals, and related technology services, from business intake through negotiation and contract execution.
• Develop negotiation strategies using stakeholder requirements, supplier proposals, pricing benchmarks, total cost considerations, and relevant commercial risk factors.
• Negotiate pricing, licensing models, renewal terms, service commitments, and other commercial provisions in partnership with Legal and internal stakeholders.
• Partner with Technology, Finance, Risk, Legal, and business teams to align sourcing decisions with LPL priorities, governance expectations, timelines, and budgets.
• Manage supplier communications, competitive events, proposal analysis, contract workflows, and supporting documentation with accuracy and appropriate follow-through.
• Identify opportunities to improve value, reduce cost, simplify agreements, consolidate suppliers, and strengthen commercial terms across the software portfolio.
• Maintain sourcing records and provide clear status updates, recommendations, and decision support to stakeholders and sourcing 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:

• Professional experience in strategic sourcing, procurement, vendor management, or contract management, including direct support of technology or software agreements.
• Demonstrated experience analyzing supplier proposals and negotiating commercial terms for software, SaaS, licensing, maintenance, or related technology services.
• Working knowledge of the sourcing and contracting lifecycle, including requirements gathering, competitive evaluation, negotiation, approvals, and contract execution.
• Ability to communicate complex commercial information clearly and collaborate effectively with Technology, Legal, Finance, Risk, and supplier stakeholders.
• Analytical, organizational, and project management skills, with the ability to manage multiple negotiations and deadlines in a fast-paced environment.
• Core Competencies: Commercial judgment and negotiation
• Stakeholder partnership and influence
• Analytical problem-solving and attention to detail
• Ownership, prioritization, and follow-through
• Preferences: Experience sourcing software or technology solutions within financial services or another regulated, complex enterprise environment.
• Familiarity with software licensing models, SaaS agreements, subscription renewals, cloud solutions, and supplier performance considerations.
• Experience with strategic sourcing tools, contract lifecycle management platforms, e-sourcing systems, or procurement analytics.
• Bachelor’s degree in supply chain, business, finance, technology, or a related field, or equivalent professional experience.
• Pay Range: $73,748.00 - $122,879.00
• 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