Strategic Sourcing Manager

3 days ago


Birmingham, Birmingham, United Kingdom Goldman Sachs Full time

About the Role:

The Strategic Sourcing Manager - Indirect Spend will be part of the Corporate Planning Management (CPM) Division at Goldman Sachs. This role sits within the Spend Management pillar and is responsible for managing all aspects of the firm's spend with third parties.

Key Responsibilities:

  • Partner with business and functional leadership to understand short, medium, and long-term third-party requirements including demand management
  • Identify and implement best practices in procurement, commercial and vendor management
  • Drive supply side initiatives to reduce or contain risk, and / or create commercial and revenue generating opportunities
  • Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors
  • Manage compliance with and provide reporting on the firm's commitments in relation to ESG
  • Support compliance to the Firmwide Third Party Risk and Control Framework and associated programs

Requirements:

  • Minimum five years' experience in Strategic Sourcing and Category management, particularly in the indirect spend with a preference in corporate services sourcing
  • Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, project management vendor management legal and contracting or operational risk management
  • Functional Expertise – Understanding of strategic procurement, category management approach and procurement value proposition
  • Technical Skills – Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills

What We Offer:

  • $85,000 per year salary package
  • Opportunity to work with a leading global investment banking company
  • Potential for travel and professional growth and development


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