Analyst - IT Purchasing

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full-time, hybrid career opportunity based out of our Administrative Services Center location in East Petersburg, PA.

 

The Analyst - IT Purchasing is responsible for analyzing technology procurement needs, vendor contracts, and cost structures to support strategic sourcing and purchasing decisions. This role provides data-driven insights to optimize IT spend, ensure compliance with corporate policies, and improve supplier performance. Administrates and coordinates the purchasing of hardware, software, certificates, maintenance contracts, professional services agreements, and wireless services for the company. Assist IT management with decisions involving the repair and/or replacement of equipment. Work with IT managers to ensure the company is following all corporate procurement policies.

• Analyze historical and forecasted IT spend to identify cost-saving opportunities and purchasing trend by gathering data from previous RFP internal ticketing systems and vendor reporting. Work with lines of business to classify spend by categories including hardware, software, and commodity spend. Further identify project and non-project spend.
• Assist in sourcing and evaluating IT vendors, products, and services based on cost, quality, and compliance. Use vendor QBRs to evaluate vendor performance and use reporting data to strengthen vendor relationships. Ensure vendors stay current with their understanding of the bank’s technology needs related to various products and services. Maintain a forward-thinking approach to ensure vendors and suppliers understand Fulton’s needs.
• Participate in the development, tracking, and reconciliation of IT purchasing budgets. Assist in forecasting expenditure and aligning purchasing activities with financial plan by identifying spend patterns related to hardware, software, and licenses. Monitor and report on recurring costs related to monthly spend for current and future budgets. Manage vendor relationships to understand supplier availability models to ensure volume discounts related to budgets. Report to corporate controllers on OpEx and CapEx expenditures and invoicing accruals related to budgets.
• Ensure all purchasing activities comply with internal financial policies, regulatory standards, and audit requirements. Maintain accurate financial records for all purchases.
• Work closely with finance, legal teams, and line of business stakeholders to review and make recommendations on pricing terms, manage negotiations, validate vendor invoices, and ensure payments align with contract terms and budgets.
• Complete integral components of the RFI/RFP process, including requirements gathering, vendor comparison, and bid evaluation.
• Coordinate the licensing true-up process, including estimates and determinations for licensing renewal costs.
• Monitor contract lifecycles, ensuring renewals, expirations, and service level agreements are tracked.
• Develop and maintain dashboards and reports on IT procurement metrics, KPIs, and supplier performance.
• Collaborate with IT, legal, and finance teams to ensure purchases align with technology standards and budget.
• Contribute to compliance audits and risk assessments related to IT procurement.
• Review and validate invoices against contracts and purchase orders to ensure correct billing.
• Maintain an up-to-date knowledge of IT product trends, supplies, and pricing.
• Resolve order discrepancies, damaged goods, or billing issues with suppliers.
• Process purchase requisitions and convert them into purchase orders in accordance with company policies.

 

Education

Bachelor's Degree or the equivalent experience. Specialty: Business, Supply Chain, Information Technology, Finance, or a related field. (Required)

Experience

3 or more years supporting enterprise-level IT procurement or strategic sourcing functions, or procurement analytics. (Required)

Knowledge, Skills, and Abilities

• Strong analytical and problem-solving abilities (Required)
• Proficiency in Excel, Power BI, or other data visualization tools (Preferred)
• Knowledge of ERP/procurement principles and standards (Required)
• Solid understanding of IT product and service categories (hardware, software licensing, SaaS, cloud services). (Required)
• Strong communication skills and ability to work cross-functionally (Required)
• Knowledge of contract terms, pricing models, and vendor performance evaluations (Required)

 

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $63,000.00 - $105,000.00 annually.

Additional Compensation Components

 

This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.