Senior Sourcing Lead

2 months ago

London, United Kingdom S&P Global Full time

The Team: Global Sourcing is part of the wider Procurement team, encompassing colleagues across multiple locations (UK, US, India, Philippines, Singapore). It is a positive team where independent thinking is valued, open communication is encouraged, innovative ideas welcomed and an environment that thrives on collaboration. The immediate team will be supported by the hiring manager based in London and a Peer based in India, but the candidate will be embraced by a wider group.

Responsibilities and Impact:

As a key member of the S&P Global Source to Pay team, the Senior Sourcing Lead will strategically manage global sourcing events (RFPs, RFIs, and direct negotiations) across S&P Global's indirect spend categories, with spend under management exceeding $600 million. This role is crucial in shaping procurement strategies and supports Divisional Sourcing Directors in sourcing, negotiating, and implementing global suppliers, ensuring optimal value and fostering robust partnerships.

Strategy and Planning:

  • Lead the development and execution of innovative sourcing strategies that align with overall business objectives.
  • Collaborate with Divisional Sourcing Directors to create comprehensive sourcing plans.
  • Cultivate and maintain strong relationships with strategic vendors and stakeholders to enhance collaboration and trust.

Sourcing:

  • Drive continuous improvement initiatives to enhance procurement efficiency and effectiveness.
  • Oversee structured sourcing events, ensuring compliance and integrity in the RFP process.
  • Negotiate contracts to achieve significant cost savings through direct negotiations and competitive bids across various categories, including technology, marketing, and staff augmentation.
  • Provide market intelligence insights to guide sourcing strategies.
  • Identify cost management opportunities and lead cross-functional deal teams.
  • Achieve cost-saving results and effectively communicate outcomes to senior leadership.
  • Ensure that vendor selection decisions are aligned with the S&P Global Responsible Procurement missions, specifically as it relates to supplier diversity, environmental and human rights considerations.

What We’re Looking For:

Basic Required Qualifications:

  • Fluent in English with strong communication and interpersonal skills.
  • Bachelor’s Degree required.
  • Minimum 5 years in professional procurement, with demonstrated experience in sourcing, negotiations, and delivering savings.
  • Proven experience in engaging and influencing reluctant stakeholders to achieve procurement objectives.
  • Familiarity with e-Sourcing tools (e.g., Ariba) is essential.

Additional Preferred Qualifications:

  • Master’s or relevant certification preferred (e.g., CIPS, CPSM).
  • Strong interest in exploring AI applications in procurement is a plus.
  • Proven strategic thinker with the ability to influence business outcomes and drive change.
  • Exceptional relationship-building skills, capable of engaging and influencing stakeholders at all levels, including senior leadership.
  • Strong project management, analytical, and organizational skills.
  • Committed to supporting business priorities and adhering to governance frameworks.
  • Ability to proactively create roadmaps, strategies and action plans for initiatives under the responsibility of the position.

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

  • Health & Wellness: Health care coverage designed for the mind and body.
  • Flexible Downtime: Generous time off helps keep you energized for your time on.
  • Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
  • Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
  • Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
  • Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit:

Diversity, Equity, and Inclusion at S&P Global:

At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

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