Vice President, Sourcing and Procurement Specialist

4 days ago


Lake Mary, Florida, United States BNY Mellon Full time
Job Title: Vice President, Sourcing and Procurement II

About the Role:

We are seeking a highly skilled and experienced Vice President, Sourcing and Procurement II to join our ESO Data & Analytics team in Lake Mary, Florida. As a key member of our team, you will be responsible for developing strategic sourcing opportunities, partnering with cross-functional teams, and negotiating complex contracts with suppliers.

Key Responsibilities:

  • Develop and implement strategic sourcing plans to drive cost savings and improve supplier performance
  • Partner with Technology, Business Leads, Vendor Risk, and Legal teams to negotiate complex contracts and agreements
  • Own the full strategic sourcing cycle, including vendor identification, selection, price negotiation, and contract management
  • Perform deep dive spend analysis to identify cost savings opportunities and implement process improvements
  • Review and analyze contract asks, communicate requirements, and determine solutions and actions
  • Serve as the direct point of contact for negotiations with contracting parties
  • Conduct market research and benchmarking of suppliers and related service categories
  • Set up regular meetings with key partners to review and prioritize deal pipeline and identify engagement opportunities

Requirements:

  • Bachelor's degree or equivalent combination of education and work experience required
  • Business or Supply Chain degree preferred; advanced degree preferred
  • 5-10 years of total work experience preferred
  • Ability to solicit and analyze multiple proposals, create business cases, and present clear recommendations
  • Effective use of personal influence skills to persuade others and gain support from senior leaders
  • Financial modeling skills to build negotiation scenarios and total cost of ownership models
  • Understanding of procurement and sourcing processes and practices for specific categories
  • Experience managing large, complex projects and spend categories
  • 5+ years of negotiating complex SaaS/Software enterprise contracts with Financial Technology (FinTech) vendors
  • Knowledge of Capital Markets use-cases and FinTech landscape, including blockchain solutions vendors
  • Experience working with entities such as FIS Global, Broadridge, BlackRock (Aladdin), SS&C, Charles River, etc.

About BNY Mellon:

BNY Mellon is a leading global financial services company with a rich history of innovation and excellence. We offer a dynamic and inclusive work environment, competitive compensation, and a range of benefits and rewards. Our culture empowers employees to grow and succeed, and we are committed to making a positive impact in the communities we serve.

Equal Employment Opportunity/Affirmative Action Employer:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. We are committed to diversity and inclusion, and we welcome applications from qualified candidates from diverse backgrounds.



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