Strategic Sourcing Vice President for Indirect Spend

4 days ago


Birmingham, Birmingham, United Kingdom Goldman Sachs Full time

At Goldman Sachs, we're seeking an experienced Strategic Sourcing Vice President to lead our indirect spend initiatives, focusing on professional fees sourcing. This role will play a critical part in shaping our category management approach and driving procurement value proposition across the firm.

About the Role

This Strategic Sourcing Vice President will be responsible for developing multi-year global strategies to support the delivery of our commercial and operational objectives. The ideal candidate will have a strong technical foundation in supply chain management, sourcing, and procurement, with a particular focus on strategic procurement and vendor management.

The successful candidate will work collaboratively with business and functional leadership to understand short, medium, and long-term third-party requirements. They will drive supply side initiatives to reduce or contain risk, create commercial and revenue-generating opportunities, and maximize relationship potential.

The Strategic Sourcing Vice President will ensure appropriate contract structures, pricing models, vendor incentive models, service level agreements, performance indicators, and cost models are applied consistently across vendors to arrive at total cost of ownership. They will also partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as required.

In this role, you will support compliance to our Firmwide Third Party Risk and Control Framework and associated programs. You will engage with Risk Partners across the organization, as needed, to review control requirements and drive resolution of Strategic Sourcing issues.

You will track and report on strategic vendor management activities against Sourcing KPIs, spend, and other trends impacting the firm and business units. This role is based in Birmingham, UK, with potential for travel as required.

Requirements
  • Bachelor's or Post-Graduation degree; minimum five years' experience in Strategic Sourcing and Category Management, particularly in indirect spend with a preference in professional fees sourcing
  • Strong technical, strategic, and project management skills, as well as a solid foundation in supply chain management, sourcing, and procurement, vendor management, legal and contracting, and operational risk management
  • Familiarity with the suite of Microsoft Office software

The salary range for this position is £80,000 - £120,000 per annum, depending on experience. We offer a comprehensive benefits package and opportunities for career growth and development within the firm.



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