Vice President, Global Strategic Sourcing

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 thirdparty engagement are foundational to BlackRocks ability to deliver longterm value at global scale. As technology data and professional services become increasingly critical to the firms operating platformand as regulatory expectations continue to riseBlackRock 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 companys 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 executiveready 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:

• Bachelors 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

BlackRocks 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 childrens 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. Its why were 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: 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 theEEOCs Know Your Rights poster and its supplementand thepay 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 . All requests are treated in line with our.