Strategic Sourcing Analyst, Specialist IT Category

Posted 4 Days Ago
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Malvern, PA, USA
In-Office
Senior level
Fintech
The Role
Lead high-complexity strategic sourcing for AI and SaaS IT categories: drive supplier selection, negotiate deals, perform market and performance analysis, manage stakeholder and compliance interactions, and maintain sourcing data.
Summary Generated by Built In

Are you a Sourcing Specialist who thrives in complexity and is energized by innovation? 

This role navigates the evolving AI ecosystem and AI infrastructure platforms to deliver measurable business value through supplier partnerships. In this role, you’ll drive supplier innovation, negotiate complex deals, and influence how cutting-edge technology is brought into Vanguard.

Core Responsibilities

  • Serves as a subject matter expert in managing high complexity strategic sourcing transactions, negotiations, and supplier selection for AI products and SAAS services. Manages relationships for suppliers within category. Executes category strategy to drive maximum value.
  • Performs supply market data analysis and recommends suppliers and vendors to the business. Identifies and is knowledgeable of industry trends and category strategies to recommend linkages to business needs. Coaches team members on supply and market analysis.
  • Drives engagements, resolves escalated and complex issues and involves stakeholders as needed. Interfaces with other sourcing operations teams, business leaders and legal & risk partners for each transaction.
  • Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders. Performs regular performance monitoring and reviews of key suppliers.
  • Champions sourcing process compliance. Educates key stakeholders about commercial, legal, policy and other considerations in support of the negation process.
  • Ensures supplier and contract data is submitted and current into the management systems and databases.
  • Monitors market dynamics that impact materials/services availability and/or pricing.
  • Partners with internal clients to identify sourcing needs, develop buyer/market profiles, identify marketplace trends, and define acceptable service levels.

Qualifications and Skills

  • 8 years or more of experience in strategic sourcing, supplier management, or procurement
  • Previous IT/SAAS sourcing background is required, having an AI sourcing skills is a nice plus
  • Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field
  • Strong communication, analytical thinking, and commercial acumen with demonstrated ability to manage high-complexity deals and cross-functional collaboration
  • Proficiency with sourcing and procurement systems such as Sirion Labs, Globality, Oracle and ServiceNow
  • Preferred certifications include CPSM (Certified Professional in Supply Management), CSCP (Certified Supply Chain Professional), or CIPS certification
  • Ability to manage multiple priorities in a dynamic environment, with a focus on driving business value and risk mitigation

    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

    • 8 years or more of experience in strategic sourcing, supplier management, or procurement
    • Previous IT/SaaS sourcing background
    • AI sourcing skills
    • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field
    • Proficiency with sourcing and procurement systems such as Sirion Labs, Globality, Oracle and ServiceNow
    • Preferred certifications: CPSM, CSCP, or CIPS
    • Strong communication, analytical thinking, and commercial acumen
    • Ability to manage multiple priorities in a dynamic environment and focus on value and risk mitigation

    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
    Charlotte, NC
    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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