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Sourcing Associate Jobs in Andover, MN (NOW HIRING)

Hypertherm Associates

Category Manager

New Brighton, MN · On-site

$93K - $156K/yr

Category Manager Hypertherm Associates is seeking a Category Manager to join our Global Sourcing team to manage fabricated metal, formed metal, machined metal and machined non-metal. The role may ...

Synergy Associates

Procurement Specialist

Plymouth, MN · On-site

... sourcing opportunities and cost savings. * Effective collaboration with Sales, Operations, Accounting, and management. Salary Annual Base: $65,000 EQUAL EMPLOYMENT OPPORTUNITY Synergy Associates is ...

Bozzuto

Senior Sales & Marketing Associate

Edina, MN · On-site

$44K - $55K/yr

As a Senior Sales & Marketing Associate, your primary responsibilities include: * Converting leads ... Bozzuto uses AI-enabled tools to enhance candidate sourcing in the recruitment process by helping ...

Adecco

Branch Recruiter

Edina, MN

$25/hr

The Branch Recruiter is responsible for sourcing and recruiting candidates to fill temporary ... Build and maintain relationships with associates and clients. Pay Details: $25.00 per hour Benefit ...

Adecco

Branch Recruiter

Edina, MN

$25/hr

The Branch Recruiter is responsible for sourcing and recruiting candidates to fill temporary ... Build and maintain relationships with associates and clients. Pay Details: $25.00 per hour Benefit ...

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All JobsSourcing Associate JobsSourcing Associate Jobs in Andover, MN

Sourcing Associate information

See Andover, MN salary details

$16

$37

$65

How much do sourcing associate jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for sourcing associate in Andover, MN is $37.16, according to ZipRecruiter salary data. Most workers in this role earn between $20.58 and $44.18 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a sourcing associate?

To thrive as a Sourcing Associate, you need strong analytical skills, attention to detail, and a background in supply chain management or business, often supported by a relevant degree. Familiarity with procurement software (such as SAP Ariba or Coupa), Excel, and vendor management systems is typically required. Excellent negotiation, communication, and relationship-building abilities set top performers apart in this role. These skills ensure effective supplier engagement, cost savings, and efficient procurement processes critical to organizational success.

What are some common challenges sourcing associates face when balancing supplier relationships and cost-effectiveness?

Sourcing Associates often navigate the challenge of maintaining strong supplier relationships while ensuring the company receives competitive pricing and quality. This involves negotiating contracts that benefit both parties and staying updated on market trends that may affect costs or supply chain reliability. Building trust with suppliers without compromising on organizational goals requires clear communication, attention to detail, and agile problem-solving. Additionally, Sourcing Associates must coordinate with internal teams to align procurement decisions with business needs and compliance standards.

What is the difference between Sourcing Associate vs Procurement Specialist?

AspectSourcing AssociateProcurement Specialist
CredentialsTypically requires a bachelor's degree in supply chain, logistics, or related fieldsSimilar educational background, often with certifications like CPSM or CIPS
Work EnvironmentSupports sourcing activities, supplier research, and negotiationsHandles end-to-end procurement processes, including purchasing and contract management
Industry UsageCommonly used in supply chain and procurement departmentsWidely used across industries for purchasing and vendor management
Search & Comparison IntentOften compared for entry to mid-level sourcing rolesCompared for procurement and purchasing roles

The main difference is that a Sourcing Associate focuses on identifying and evaluating suppliers, negotiating terms, and supporting sourcing strategies. A Procurement Specialist manages the entire purchasing process, including order placement, contract management, and vendor relations. Both roles require similar qualifications but differ in scope and responsibilities within the supply chain process.

How much does a sourcing associate make?

A sourcing associate typically earns between $45,000 and $65,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced professionals with specialized skills can earn higher salaries. Compensation often includes benefits such as health insurance and bonuses.

Is sourcing a stressful job?

Sourcing as a job involves identifying and evaluating potential suppliers or candidates, which can be demanding due to tight deadlines, high accuracy requirements, and the need for strong negotiation skills. While some find it challenging, effective organization and experience can help manage stress levels in this role.

What does a sourcing associate do?

A sourcing associate is responsible for identifying, evaluating, and selecting suppliers or vendors to meet a company's procurement needs. They analyze market trends, negotiate contracts, and use tools like procurement software to ensure cost-effective and timely sourcing of goods and services. Strong communication, negotiation skills, and attention to detail are essential in this role.

What are the most commonly searched types of Sourcing jobs in Andover, MN?

The most popular types of Sourcing jobs in Andover, MN are:

What job categories do people searching Sourcing Associate jobs in Andover, MN look for?

The top searched job categories for Sourcing Associate jobs in Andover, MN are:

What cities near Andover, MN are hiring for Sourcing Associate jobs?

Cities near Andover, MN with the most Sourcing Associate job openings:

Sourcing Associate jobs near you
Infographic showing various Sourcing Associate job openings in Andover, MN as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $77,288 per year, or $37.2 per hour.

Senior Associate, Credit Manager

AllianceBernstein Holding L.P.

Minneapolis, MN • On-site

$110K - $155K/yr

Other

Medical, Life, Retirement, PTO

Re-posted 5 days ago

Job description

Who You'll Work With:
The Senior Associate, Credit Manager will be part of a team focused on building the correspondent network sourcing channel and investment strategy for AB CarVal U.S. loan portfolios. This role will be responsible for assessing and managing credit risk associated with loan portfolios sourced through correspondent networks. The role includes monitoring credit quality, evaluating the credit worthiness of potential borrowers, analyzing financial data, and determining appropriate credit limits and terms. The role ensures compliance with credit policies and guidelines, monitoring portfolio performance. This role will also be responsible for communicating and partnering closely with other internal stakeholders across a range of AB CarVal residential strategies, sourcing channels and organizational functions.
This position will report to the Director, Investment Operations. The role will be located in Minnesota.
What You'll Do:
  • Responsible for creating and maintaining underwriting guidelines and credit criteria
  • Develop and implement while collaborating with internal functions the mortgage originator onboarding and diligence process
  • Partner to assess, manage, and monitor credit risk associated with loan portfolio sourced through correspondent networks.
  • Evaluate creditworthiness of potential borrows by analyzing financial data, credit reports, and other relevant information.
  • Partner to determine appropriate credit limits, terms, and conditions for investments.
  • Collaborate closely with internal teams across various functions to ensure compliance with credit policies, guidelines, and regulatory requirements.
  • Implement and maintain the due diligence review process of all loans sourced via the correspondent networks.
  • On an ongoing basis, monitor portfolio performance and conduct regular credit reviews to identify potential risks and opportunities for improvement.
  • Develop and implement risk mitigation strategies to protect the organization's interests and optimize investment returns.
  • Develop and maintain quality control review process including direct communication with third party vendors to ensure compliance with requirements.
  • Provide insights and recommendations to support decision-making related to investment opportunities and portfolio management. Communicate regularly with senior management and internal stakeholders to provide updates
  • Continuously improve credit risk assessment processes and procedures.
What We're Looking For:
Required
  • Bachelor's degree in accounting, finance, economics, business, or related field
  • 5+ years of experience in credit risk management in the mortgage or banking industries.
  • Knowledge of credit analysis techniques, scoring models, and risk assessment methodologies.
  • Demonstrated strong analytic skills and the ability to evaluate financial data.
  • Demonstrated experience with regulatory and compliance standards.
  • Demonstrated proficiency in Microsoft Excel including financial modeling and analysis
  • Demonstrated excellent oral and written communication skills.
  • Demonstrated organization and detail orientation skills.

Who We Are:
AB CarVal is an established global alternative investment manager and part of AllianceBernstein's Private Alternatives business. Since 1987, AB CarVal's team has navigated through ever-changing credit market cycles, investing $155 billion in 5,850 transactions across 82 countries. Today, AB CarVal has approximately $20 billion in assets under management. The firm has a 38-year history, strong track record and an established reputation in asset-based finance with a team of approximately 74 investment professionals in the US, Europe and Asia. A key differentiator is the firm's robust global network of established relationships with operating platforms and partners.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!
In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:
Base Salary Range: $110,000 to $155,000
Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB CarVal, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off
All are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.
Minneapolis, Minnesota

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