Step into a highly visible role at the center of Vanguard’s most strategic technology partnerships, where you’ll help shape how we leverage leading-edge solutions to deliver new products, services, and long-term value for our investors. This is an opportunity to partner closely with senior stakeholders, influence meaningful technology decisions to secure multi-million-dollar enterprise-wide deals, and contribute to innovation at scale for one of the world’s most trusted investment firms.
We partner with IT sub-division leaders to ensure the successful use of Vanguard’s third-party sourcing partnerships to deliver technology solutions. This role develops and executes the strategy for suppliers that meet the standards of price, quality, timing, and reliability of products and service.
In this role you will:
Manage cross-divisional programs or multiple workstreams within a larger program, driving all phases from inception to implementation, ensuring high-quality delivery within targeted timeframes.
Develop and maintain a multi-year program strategy with specific actions to achieve future goals. Communicates program status to various audiences within Vanguard through written and verbal updates.
Offer insights on best practices and common obstacles from prior experiences, ensuring strategies align with the department's overall strategy. Partners in strategic sourcing efforts for key spend strategies.
Build and maintain strategic relationships across sites, departments, divisions, and internal and external partners to support their program initiatives. Develops strong relationships with program leadership, sponsors, and workstream leads.
Ensure all steps are taken to mitigate risk, and maintain control, compliance, audit, and legal requirements. Integrates and oversees change management efforts across the overall program. Closely monitors program costs and budget and escalates cost variances appropriately and timely.
Provide subject matter expertise in managing high complexity strategic sourcing transactions, negotiations, and supplier selection for products and services.
Develop and execute category strategies to drive maximum value across category, supplier, and deal levels.
Understand the needs and objectives of divisions and functional partners. Identify and directly understand potential linkages between business needs and the relevant industry's trends.
Perform market data analysis and clean-sheet analysis for negotiations and supplier selection. Leads high-complexity sourcing events. Collaborate with sourcing operations teams, business leaders, legal & risk for transactions
Interpret and communicate contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.
Manage relationships for suppliers within assigned category.
Mentor team members and provide training on best practices.
Resolve escalated and complex issues and involve stakeholders as needed.
Continually examines ways to raise standards and improve process and procedures while improving the overall performance of ESM.
What it takes:
Ten years related sourcing work experience
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
- Ten years related sourcing work experience
- Undergraduate degree or equivalent combination of training and experience
- Subject matter expertise managing high-complexity strategic sourcing transactions and supplier selection
- Experience leading negotiations and conducting market data and clean-sheet analysis for supplier selection
- Ability to interpret and communicate contract requirements, obligations, and risk exposures
- Experience managing supplier relationships and mentoring team members
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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