Corporate Planning & Management, Strategic Sourcing Spend Management Associate or Vice President

Goldman Sachs

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Work type
On-site
Location
Dallas, TXBengaluru, Karnataka, India
Posted
75 days ago
Freshness
Confirmed live yesterday

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Similar $160k
$118k most similar roles pay here $202k

This listing doesn't post a salary. Most similar roles pay $126,500–$193,000.

Based on 240 similar postings.

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About Goldman Sachs

Goldman Sachs is a leading global investment banking, securities, and investment management firm providing financial services to corporations, financial institutions, governments, and individuals.

Goldman Sachs currently has 134 open roles on FindRole.

Listed pay typically runs $137,000–$250,000 across 55 roles with salary data.

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TL;DR · Corporate Planning & Management, Strategic Sourcing Spend Management Associate or Vice President

Corporate Planning & Management, Strategic Sourcing (Spend Management), Associate or Vice President joins the Spend Management pillar to focus on strategic sourcing within the Professional Fees category. This role involves managing advisory consulting, staff augmentation, and managed services spend across all firm divisions. The individual will deploy category management techniques to develop multi-year global strategies, manage relationships with strategic vendors, and ensure appropriate contract structures and pricing models are applied consistently. Key responsibilities include identifying procurement best practices, managing ESG commitments, and collaborating with legal counsel on agreement refinements. The role requires expertise in supply chain management, vendor management, and operational risk management. Candidates must possess strong analytical skills and proficiency in Microsoft Office and sourcing tools like Ariba, Fieldglass, or PMweb to manage the complexities of third-party spend and drive procurement value.

What you'll do

  • Develop multi-year global strategies using category management techniques to meet commercial and operational objectives.
  • Create and execute procurement strategies and key initiatives for the Professional Fees spending category.
  • Manage relationships and escalations with strategic vendors while identifying opportunities to reduce risk or increase revenue.
  • Establish consistent contract structures, pricing models, and service level agreements to determine total cost of ownership.
  • Partner with legal counsel to ensure proper agreement forms and contractor compliance with terms and conditions.
  • Track and report on vendor management activities against sourcing KPIs and spend trends.
  • Ensure compliance with the firm's Third Party Risk and Control Framework and ESG commitments.
  • Collaborate with Sourcing Operations to drive digitization of procurement processes.

What we're looking for

  • Bachelor's or Post Graduation degree.
  • Relevant professional qualifications are preferred.
  • Minimum five years of experience in Strategic Sourcing and Category management.
  • Experience in indirect spending is required, with a preference for professional fees sourcing (IT services).
  • Strong technical, strategic, and project management skills are required.
  • A strong foundation in supply chain management, procurement, vendor management, legal/contracting, and operational risk management is required.
  • Experience negotiating complex, high-profile contracts including incentivized service level agreements (preferred).
  • Proficiency with Sourcing procure to pay tools such as Ariba, Fieldglass, or PMweb (preferred).

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