Vanguard
Financial Services
StrategicSourcingAnalyst,Specialist
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Strategic Sourcing Analyst, Specialist at Vanguard. Skills: Strategic sourcing, Contract negotiation, Supplier management. Manage projects or workstreams. Develop project plans”
Industry & Context.
Risk identification; Risk management; Issue resolution
Flexible work hours, 10%-20% travel
What They're Looking For.
Must Have
Six years related work experience, Leading contract negotiations, Running competitive RFQ/RFI/RFPs, Undergraduate degree or equivalent, Flexible work hours required, Communication skills required, Relationship management skills required, Ability to escalate proactively, Data analysis skills required, Reporting skills required, Presentation skills required
Nice to Have
Financial Services experience preferred, Technology specific experience preferred, Graduate degree preferred
What You'll Do.
Manage projects or workstreams
Develop project plans
Implement project plans
Monitor project plans
Contribute expertise to deliverables
Provide insight on best practices
Align strategies with department strategy
Communicate project status to stakeholders
Communicate issues to stakeholders
Interpret contract requirements
Communicate contract obligations
Communicate risk exposures
Build effective relationships
Maintain effective relationships
Foster communication between stakeholders
Influence key decisions
Communicate solutions to management
Provide thought leadership
Provide oversight for engagement strategy
Deliver guidance on strategic directions
Direct strategic planning
Make key decisions for Business
Make key decisions for ESM
Leverage data analytics in strategies
Align strategies to business priorities
Align strategies to forecasting
Prepare strategic analysis
Present strategic analysis
Present potential solutions
Craft data into compelling storyline
Define standards within ESM
Understand regulatory requirements
Recommend new capabilities
Recommend enhanced services
Execute transaction types
Lead strategic negotiations
Perform supply market data analysis
Recommend suppliers to business
Perform product analyses
Perform services analyses
Ensure proper closure of transactions
Hand off to purchasing associates
Hand off to payables associates
Validate supplier payment terms
Receive documents in good order
Define problem with leaders
Define issues with leaders
Define planned approach for research
Define planned approach for analyses
Manage contracts for suppliers
Manage relationships for suppliers
Follow global procurement process compliance
Champion global procurement process compliance
Educate stakeholders on considerations
Create Standard Operating Procedures
Augment Standard Operating Procedures
Participate in special projects
Respond to internal audit requests
Support onboarding of new suppliers
Lead onboarding of new suppliers
Support offboarding of suppliers
Lead offboarding of suppliers
Manage transitional programs
Manage transitional projects
Manage end to end contract
Agree governance for supplier management
How You'll Work.
Team & Collaboration
Cross-functional teams; Internal stakeholders; External stakeholders; Business partners
Communication Scope
Stakeholder communication; Contract communication; Executive presentations
Process & Methodology
Project planning, Workstream management
Full Job Description
******About Vanguard****** Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries.**** **** ******Vanguard’s India Office****** Vanguard’s office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients. ** _About the Role_. ** The Sourcing Analyst in Hyderabad, India will work with other team members, clients and suppliers both in-region and remotely across the globe. They will support, execute and manage all third-party supply and demand requests for the India office. This includes meeting regularly with key clients and suppliers, understanding their strategic business needs, understanding the suppliers in the market (their current capabilities and roadmaps), collaborating on cost savings/reduction efforts with Financial Planning to clearly link ESM’s value capture back into P&Ls. Regular monthly reporting is required. Quarterly reporting to senior management is also required, including submitting and presenting from time-to-time to the Head of ESM and other related Officers ** _Core Responsibilities_** * Manages a project or workstreams within a broader project or program. Develops, implements, and monitors project plans. Contributes expertise to major project deliverables, milestones, and required tasks. * Provides insight on best practices and common obstacles based on prior experiences. Ensures strategies are aligned with the overall department strategy. * Communicates project status and issues regularly to stakeholders, including leaders, team
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