About this role
Business Unit Overview:
BlackRock Finance consists of finance professionals across several disciplines such as Financial Planning & Analysis, Treasury, Tax, Finance Controls, Global Strategic Sourcing (“GSS”), Finance Platform Support and Controllers. GSS is a global team, with team members primarily based in New York, Gurgaon, Edinburgh and Budapest. GSS aims to be an organization of trusted strategic sourcing advisors enabling BlackRock to achieve more value. The GSS team advises and supports business functions on all their supplier-related initiatives whether they involve supplier identification, evaluation, selection, negotiation, performance management or escalation management. GSS seeks to avoid certain costs, deliver tangible cost reductions, furnish reliable analytical data and insights for improved decision making, and enable a socially responsible and diverse supplier base.
Operational excellence, risk management, and disciplined third‑party engagement are foundational to BlackRock’s ability to deliver long‑term value at global scale. As technology, data, and professional services become increasingly critical to the firm’s operating platform—and as regulatory expectations continue to rise—BlackRock is making a strategic investment in senior sourcing leadership.
We are hiring two distinct, senior-level professional roles within Global Strategic Sourcing (GSS), each with material enterprise impact:
Vice President, Technology Sourcing (Individual Contributor, reporting to the Technology Category Lead) negotiating enterprise-level software or hardware purchase agreements with the mega-tech, AI, and fintech vendors as well as value-added resellers. This individual should be comfortable with build vs. buy vs. lease analyses.
Category Lead, Professional Services Sourcing (People leader with global teams in Gurgaon, Budapest, and London) supporting stakeholders in the Audit, Tax, Investment and Regulatory Due Diligence, Financial Print, and Proxy Governance & Voting environments. This individual should be comfortable with various BPO/outsourcing arrangements and SLAs/XLAs.
Both roles are highly visible, sit at the intersection of business strategy, risk, technology, and finance, and offer exceptional exposure to senior enterprise leadership. Both will drive high-impact initiatives that reshape our global sourcing landscape and optimize third-party spend, with a particular focus on software application rationalization and contingent worker spend consolidation.
Responsibilities:
Strategic Advisory: Serve as a strategic advisor to management on sourcing and procurement, with a focus on information security and cyber risk. Provide insights and recommendations to optimize the vendor portfolio, reduce risk, and achieve transformation objectives. Build and deliver executive-ready presentations using advanced analytics (Power BI, SQL, Tableau) to support sourcing decisions and business cases. Contribute to enterprise-wide cost optimization programs by identifying and accelerating high-impact sourcing initiatives.
Sourcing Strategy Development: Conduct rigorous external spend analysis to uncover opportunities for cost optimization. Design and execute comprehensive sourcing strategies to reduce cost, improve delivery resilience, and streamline vendor portfolios through competitive bidding, proofs-of-concepts, demand management, supplier consolidation, and process reengineering efforts that align with the company's overall business goals, ensuring cost-effectiveness, and quality.
Cross-Functional Collaboration: Work closely with internal stakeholders, especially Information Security, Technology, Legal, and Compliance, to align sourcing strategies with enterprise cost targets and transformation goals. Build and manage cross-functional cost optimization programs to drive accountability and transparency in sourcing decisions.
Supplier Relationship Management: Build and maintain strong relationships with key technology and security suppliers, negotiating and drafting favorable terms into contracts, ensuring the highest standards of quality and service.
Market Analysis: Conduct thorough market research and analysis to identify trends, risks, and opportunities within the supply chain, and prepare PowerPoint decks to support informed sourcing decision-making.
Risk Management: Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions.
Cost Management: Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance.
People Management: Recruit, coach, mentor, and indirectly manage junior staff as necessary.
Qualifications:
10+ years in strategic sourcing in a complex, global environment (ideally financial services, technology, or consulting)
Experience partnering with internal stakeholder organizations at the COO and Managing Director level
Design and execute sourcing strategies that balance cost optimization, quality and innovation
Translate sophisticated spend, usage, and risk analytics into executive‑ready business cases and recommendations
Lead complex negotiations and contract structures with the largest suppliers in the respective fields
Expertise with category planning, competitive bidding techniques (RFI, RFP, RFQ), creation of business cases, vendor selection, vendor risk due diligence, operations management, and vendor dispute/escalation management
Financial modeling skills for negotiation scenarios, total cost of ownership, and demand forecasts
Depth in drafting, redlining, and negotiating global contracts, including experience drafting service level agreements (SLAs) and experience level agreements (XLAs)
Solid understanding of contract law and regulatory obligations in financial services
Competencies:
Highly strategic thinker with a proactive approach to challenges and opportunities, possessing superior analytical skills, including the ability to translate analyses into negotiation strategies and results
Strong leadership and interpersonal skills, with the ability to work effectively in a team-oriented environment, eliciting support for key initiatives from senior management and other key stakeholders, by building and delivering clear, well-structured presentations
Detail-oriented and organized, with a commitment to excellence and continuous improvement
Adaptable and resilient, with the ability to thrive in a fast-paced and dynamic business environment and with the willingness to adapt working hours to meet business needs and deadlines, understanding that most of the BlackRock supplier portfolio is comprised of firms based in the United States
Proficient MS Office skills, including experience using CoPilot and other AI software products
Education Requirements:
Bachelor’s Degree, with preferences for Accounting, Finance, Computer Science, Engineering, Economics, Data Science, Operations Research, Technology or Supply Chain Management, or related fields
Advanced degrees in Business, Engineering, Law, or related areas
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.Skills Required
- 10+ years in strategic sourcing in a complex, global environment
- Experience partnering with internal stakeholder organizations at the COO and Managing Director level
- Design and execute sourcing strategies
- Translate sophisticated spend, usage, and risk analytics into business cases
- Lead complex negotiations and contract structures
- Expertise with category planning and competitive bidding techniques
- Financial modeling skills for negotiation scenarios
- Depth in drafting and negotiating global contracts
- Solid understanding of contract law and regulatory obligations
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
Gallery
BlackRock Teams
BlackRock Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
