Job
Description
Principal duties include: Strategic Advisory: Serve as a strategic advisor to all levels of management on all matters related to sourcing and procurement, offering insights and recommendations to optimize processes and achieve business objectives. Sourcing Strategy Development: Develop and implement comprehensive sourcing strategies through competitive bidding, proofs-of-concept, demand management, supplier consolidation, and process reengineering efforts that align with the companys overall business goals, ensuring cost-effectiveness, quality, and social responsibility. Supplier Relationship Management: Build and maintain strong relationships with key 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. Cost Management: Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance. Risk Management: Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions. People Management: Recruit, coach, mentor, and directly and indirectly manage junior staff. Cross-Functional Collaboration: Work closely with internal stakeholders, including Business Function Leads, Category Leads, Third Party Risk, and Legal teams around the world in the negotiation of Master Services Agreements, Master Hosted Services Agreements, and Statements of Work. Compliance and Ethics: Ensure all sourcing and procurement activities comply with corporate policies, ethical standards, and legal requirements. Experience required: 10+ years of strategic sourcing experience at a consulting, technology, or financial services firm, with a proven track record of success in a technology or strategic sourcing advisory role. People management experience that demonstrates the assembling and retention of a high-performance strategic sourcing team in the APAC region. Regional management experience demonstrating alignment with headquarters and strong local stakeholder representation. 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 modelling skills to build multiple negotiation scenarios, total cost of ownership models, consumption models, and demand forecasts based on spend analytics and other data sources. Depth in drafting, redlining, and negotiating global contracts, including experience drafting service level agreements (SLAs), with Technology service providers: fintech providers, software-as-a-service (SaaS) suppliers, telecom network providers, IT consulting service providers and others in the space. This includes a solid understanding of contract law, including demonstrated ability to understand, interpret and articulate key legal terms in agreements. 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 technology 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 Computer Science, Engineering, Economics, Data Science, Operations Research, Technology or Supply Chain Management, Entrepreneurship, or Legal Studies. Advanced degrees in Business, the Sciences, Engineering, Law, or related areas are a plus.
