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Sourcing Specialist
Career Insights for Procurement / Sourcing Specialist
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Scorecard
Based on Rhode Island data
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What they do
A Procurement or Sourcing Specialist is responsible for sourcing and purchasing the goods or services required by an organization, especially tracking overall spend and improving bidding processes. Responsible for maintaining supplier relationships. May also be responsible growing supplier relationships with new and/or existing suppliers.
$69,424 / year median in Rhode Island
-1% projected decline
Job Description
First Job Previous Job
3,155 of 10,000
Next Job Last Job Share
More Like This
Between $82k and
$113k
Per Year Sourcing Specialist
Citizens Bank
Occupation:
Purchasing Agents, Except Wholesale, Retail, and Farm Products
Location:
Johnston, RI - 02919
Job Type:
Full Time (30 Hours or More), Day Shift Shift
Posted:
08/26/2026
Positions available: 1
Source:
Citizens Bank
Web Site:
www.citizensbank.com
Expires:
09/30/2026
Job #: 48935
Job Requirements and Properties
Help for Job Requirements and Properties. Opens a new window. Work Onsite
Full Time Education
Bachelor's Degree Schedule
Full Time
Job Description
Help for Job Description. Opens a new window. Sourcing Specialist, Colleague Technology Citizens has recently transformed the sourcing experience to the business. In the role of Sourcing Specialist, you will be armed with key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher level strategic discussions and increased savings opportunities. The Sourcing Specialist will report to the Sourcing Team Manager as part of the Sourcing Group within Procurement. The successful candidate will partner with other Sourcing professionals to identify market and economic trend opportunities and against them to continually improve the value derived from third party relationships. Primary focus is to align with the business lines in a way that generates a positive impact to them in achieving their business goals, while optimizing value to the overall organization. The Sourcing Specialist will support the banks Colleague Technology category, including colleague specific software and hardware sub categories. Primary responsibilities include
- Contribution to comprehensive commodity and sourcing strategies for strategic/complex negotiations.
- Ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework.
- Working with Senior Sourcing Lead by performing market analysis, benchmark analysis and spend analysis for assigned commodity projects.
- Working with Line of Business partners to establish specifications for product/service being purchased.
- Lead or facilitate the supplier selection and negotiation process. Put in place contracts for strategic purchases.
- Maintaining close relations with the industry supply base and industry experts with the objective to develop innovative solutions to complex problems.
Pay Transparency The salary range for this position is $82,000- $113,000 per year, plus an opportunity to earn additional incentive earnings. Actual pay is based on various factors including, but not limited to, the budget, work location, and relevant skills and experience. No other portions of the posting are changing, including benefits language or incentive guidance. ?? We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .