Procurement & Sourcing Operations Analyst, Specialist

Posted Yesterday
Be an Early Applicant
Malvern, PA, USA
In-Office
Mid level
Fintech
The Role
Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), analyze supplier proposals and market data, negotiate commercial terms and contracts, partner with legal and cross-functional stakeholders, and identify cost savings, efficiency improvements, and supplier consolidation opportunities.
Summary Generated by Built In

Position Summary 

The Sourcing Operations Analyst, Specialist is responsible for developing and executing sourcing strategies that deliver value, cost savings, and risk mitigation across assigned categories. This role partners with cross-functional stakeholders to lead competitive sourcing events, negotiate contracts, and drive supplier selection and contracting decisions aligned to business objectives. The Sourcing Specialist serves as a trusted advisor, leveraging market insights and supplier expertise to optimize procurement outcomes. 

Responsibilities: 

  • Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement, and cross-functional evaluation processes 

  • Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization 

  • Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings and favorable business outcomes 

  • Partner with legal and risk teams to support contract drafting, redlining, and governance requirements 

  • Collaborate with internal stakeholders (business, finance, IT, legal) to translate requirements into sourcing strategies and aligned outcomes 

  • Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends, and sourcing approaches 

  • Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making 

  • Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation 

  • Participates in special projects and performs other duties as assigned 

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

  • Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials and supplier engagement
  • Analyze supplier proposals and market data to inform sourcing decisions
  • Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings
  • Partner with legal and risk teams to support contract drafting, redlining, and governance
  • Collaborate with internal stakeholders (business, finance, IT, legal) to translate requirements into sourcing strategies
  • Provide market insights and supplier expertise as a trusted advisor to stakeholders
  • Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation

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

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

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.

Similar Jobs

eClinical Solutions Logo eClinical Solutions

Consultant

Cloud • Healthtech • Professional Services • Software • Pharmaceutical
Easy Apply
Remote or Hybrid
United States
400 Employees
116K-145K Annually

CrowdStrike Logo CrowdStrike

Sr. Threat Hunting Intelligence Analyst - Mountain/Pacific (Remote)

Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Remote or Hybrid
11 Locations
10000 Employees
100K-155K Annually

CrowdStrike Logo CrowdStrike

Senior Software Engineer

Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Remote or Hybrid
USA
10000 Employees
140K-215K Annually

Optum Logo Optum

Registered Nurse

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office
Hazleton, PA, USA
160000 Employees
31-82 Hourly

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account