Procurement Analyst

As passionate about our people as we are about our mission.

What We’re All About:

Q2 is proud of delivering our mobile banking platform and technology solutions, globally, to more than 22 million end users across our 1,300 financial institutions and fintech clients.  At Q2, our mission is simple: Build strong, diverse communities by strengthening their financial institutions. We accomplish that by investing in the communities where both our customers and employees serve and live.

What Makes Q2 Special?

A Typical Day:

• Create and track purchase request process
• Manage and ensure timely creation of purchase orders
• Coordinate the formal bidding process, creating and reviewing Request for Proposals, Request for Quotes, and Invitations to Negotiate.
• RFP Management (partnering with internal stakeholders)
  • Identify stakeholders
  • Collect RFP requirements
  • Create and distribute RFP
  • Evaluate RFP responses.
  • Meet with internal stakeholders to discuss responses
  • Communicate to vendor awards and rejections
• Strategic Sourcing:
  • Support the identification and evaluation of suppliers to meet quality standards and pricing goals.
  • Monitor market trends and supplier capabilities to inform sourcing decisions.
• Analyze market trends, vendor pricing models, and licensing structures to develop effective and cost-efficient software pricing strategies.
• Conduct detailed pricing analyses and cost-benefit assessments to support procurement decisions.
• Cultivate and maintain strong relationships with software vendors to understand product roadmaps, pricing, and negotiate favorable pricing, terms, and conditions.
• Streamline and optimize the technology procurement process, ensuring efficiency and cost-effectiveness.
• Monitor and control software-related expenses and other miscellaneous categories to ensure alignment with budgetary constraints and identify opportunities for cost savings and efficiency improvements.
• Collaborate with AP, IT, legal, finance, accounting, and other relevant departments to ensure alignment on software procurement strategies & convey procurement decisions and requirements.
• Evaluate internal stakeholder requirements and feedback.
• Administer RFP and RFQ request.
• Facilitate vendor quality control.
• Assist with vendor development.
• Analyze/Track market pricing.
• Possess superior organizational, analytical, and multi-tasking skills.
• Experience with IT systems and solutions.
• Demonstrated initiative, flexibility, and ability to adapt to changing priorities and work environments.
• Create/maintain and update the supplier and competitor file.
• Work closely with internal team to utilize and implement any automated or semi-automated procurement processes.
• Act as an intermediary between supplier/vendor and the internal team.
• Understand business needs/requirements and strive to foster strong working relationships and open communication.
• Manage calendar for contract notifications and renewals.
• Communicate and support suppliers with PO queries as they arise.
• Develop and maintain accurate and complete documentation for active processes.
• Support contract lifecycle management.
• Assist in special projects and other duties as assigned.
• Supporting procurement and head of procurement.

Bring Your Passion, Do What You Love. Here's What We're Looking For:

• Bachelor’s degree in business or supply chain related field preferred.
• 2-5 years of previous procurement or vendor management experience preferred.
• Working cross functionally and being a team player.
• Detail-oriented, accurate, organized, and strong oral/written communication skills.
• Ability to prioritize work and time efficiently.
• Adaptability in an ever-changing fintech environment

#LI-MM1

#LI-Remote

This position requires fluent written and oral communication in English.

Health & Wellness

• Hybrid Work Opportunities

• Flexible Time Off 

• Career Development & Mentoring Programs 

• Health & Wellness Benefits, including competitive health insurance offerings and generous paid parental leave for eligible new parents 

• Community Volunteering & Company Philanthropy Programs 

• Employee Peer Recognition Programs – “You Earned it”

Click here to find out more about the benefits we offer.

How We Give Back to the Community:

You can learn more about our Q2 Spark Program, Q2 Philanthropy fund, and our employee volunteering programs on our Q2 Community page. Q2 supports dozens of wide-reaching organizations, such as the African American Leadership Institute, and The Trevor Project, promoting diversity and success in leadership and technology. Other deserving beneficiaries include Resource Center helping LGBTQ communities, JDRF, and Homes for our Troops, a group helping veterans rebuild their lives with specially adapted homes.

At Q2, our goal is to be a diverse and inclusive workforce that fosters mutual respect for our employees and the communities we serve. Q2 is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.