This role manages sourcing and procurement activities that help business teams select suppliers, evaluate commercial options, and establish effective vendor relationships. The position leads lower-to-moderate complexity sourcing engagements, including competitive bidding, supplier analysis, pricing evaluation, contracting coordination, and stakeholder management. You will partner across business teams, Sourcing, Legal, Risk, and suppliers to move engagements forward and support sound commercial decisions.
Key Responsibilities
- Lead lower-to-moderate complexity sourcing engagements based on business requirements, supplier capabilities, cost, risk, and commercial considerations.
- Manage competitive sourcing and bidding activities, including requests for information, proposals, and quotes.
- Evaluate suppliers using commercial terms, pricing, capabilities, contracts, data, and relevant category knowledge.
- Develop and analyze pricing models and supplier comparisons to support informed sourcing decisions.
- Partner with business stakeholders to understand requirements and translate them into effective sourcing approaches.
- Coordinate engagements across business partners, Procurement, Legal, Risk, and suppliers.
- Manage sourcing activities through defined milestones, proactively resolving issues and escalating risks when appropriate.
- Support contract review, approval, renewal, and timeline management.
- Build productive supplier and internal stakeholder relationships through clear communication and expectation management.
- Identify viable supplier alternatives and opportunities to improve commercial or operational outcomes.
- Maintain accurate procurement and supplier information consistent with data-quality expectations.
Required Qualifications
- Three years of related work experience.
- Undergraduate degree or equivalent combination of training and experience.
- Experience in procurement, sourcing, supplier management, vendor management, purchasing, contracting, or a closely related function.
- Experience coordinating sourcing transactions, supplier-selection processes, competitive bids, or comparable commercial engagements.
- Ability to evaluate supplier capabilities, commercial information, pricing, contracts, or related business data.
- Strong analytical and problem-solving skills with the ability to compare alternatives and support business decisions.
- Demonstrated stakeholder management and relationship-building skills.
Preferred Qualifications
- Accounting or Finance degree.
- Experience with RFx processes such as RFPs, RFIs, or RFQs.
- Contract review, contract lifecycle management, or vendor-invoicing experience.
- Experience partnering with Legal and Risk functions during sourcing engagements.
- Category sourcing or category-management experience.
- Pricing analysis, cost modeling, or commercial analysis experience.
- Experience in financial services or another regulated environment.
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
- Three years of related work experience
- Undergraduate degree or equivalent combination of training and experience
- Experience in procurement, sourcing, supplier management, vendor management, purchasing, contracting, or a closely related function
- Experience coordinating sourcing transactions, supplier-selection processes, competitive bids, or comparable commercial engagements
- Ability to evaluate supplier capabilities, commercial information, pricing, contracts, or related business data
- Strong analytical and problem-solving skills with the ability to compare alternatives and support business decisions
- Demonstrated stakeholder management and relationship-building skills
- Accounting or Finance degree
- Experience with RFx processes such as RFPs, RFIs, or RFQs
- Contract review, contract lifecycle management, or vendor-invoicing experience
- Experience partnering with Legal and Risk functions during sourcing engagements
- Category sourcing or category-management experience
- Pricing analysis, cost modeling, or commercial analysis experience
- Experience in financial services or another regulated environment
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.
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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.
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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.
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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
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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