Procurement & IT Sourcing Operations Analyst, Specialist

Posted 2 Days Ago
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Malvern, PA, USA
In-Office
Mid level
Fintech
The Role
Leads IT sourcing transactions, vendor negotiations, contract reviews, approvals, and procurement initiatives. Partners with business teams, sourcing groups, Legal, Risk, leadership, and suppliers to manage requirements, costs, capabilities, compliance, risk, and value creation. Maintains supplier and contract data, supports policy adherence, identifies vendor alternatives, and coordinates multiple stakeholders across sourcing projects.
Summary Generated by Built In

If you have experience working with IT suppliers or vendors, supporting technology or business teams, participating in procurement or contracting activities, managing projects, or partnering with a variety of stakeholders, your background could be a great fit for Enterprise Supply Management.

This role is ideal for someone who enjoys building relationships, understanding business needs, managing multiple priorities, and working collaboratively across teams.

Core Responsibilities

  • Leads low and medium complexity sourcing transactions based on assessment of business needs. Leads and facilitates discussions on relationship, cost, and capabilities with leadership and suppliers.

  • Drives engagements through defined sourcing processes, resolving issues and involving stakeholders as needed. Interfaces heavily with other Sourcing teams, business owners, and Legal & Risk partners for each transaction.

  • Participates in strategic vendor-related initiatives. Provides relationship and project management expertise. Coordinates multiple stakeholders for input and collaboration for procurement activities.

  • Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.

  • Oversees contract review, approvals, and negotiations. Champions sourcing process compliance and educates key stakeholders about commercial, legal, policy, and other considerations in support of the negotiation process.

  • Identifies and executes value creation opportunities through supplier consolidation, demand management, benchmarking, process optimization, and innovation partnerships.

  • Ensures supplier and contract data is submitted or entered into management systems and databases. Proactively considers and suggests vendor alternatives and contract timelines.

  • Supports adherence to procurement policies and procedures.

  • Participates in special projects and performs other duties as assigned.

Required Qualifications:

  • Three years or more of related work experience in a sourcing capacity.

  • At least one year of prior IT sourcing experience partnering with vendors negotiating software, hardware and networking needs.

  • Undergraduate degree or equivalent combination of training and experience.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Skills Required

  • At least three years of related work experience in a sourcing capacity
  • At least one year of IT sourcing experience partnering with vendors and negotiating software, hardware, and networking needs
  • Undergraduate degree or equivalent combination of training and experience

Vanguard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.

  • Retirement Support — Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
  • Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
  • Affordable Benefits — Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.

Vanguard Insights

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The Company
HQ: Malvern, PA
20,252 Employees
Year Founded: 1975

What We Do

We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.

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