Contract Advisor

VanguardMalvern, PA
1dHybrid

About The Position

At Vanguard, we don't just have a mission—we're on a mission. To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best. How We Work Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience. About Us Vanguard, one of the world's largest investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests. This website uses "cookies" to distinguish you from other users. A cookie is a small file of letters and numbers placed on your computer or device. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site and services. The cookies are stored locally on your computer or mobile device. To accept cookies you can continue browsing as normal. Or you can go to our Privacy Policy to read more information and learn how to change your preferences.

Requirements

  • Five years related work experience.
  • Undergraduate degree or equivalent combination of training and experience.

Responsibilities

  • Leads and prepares medium to high complexity strategic sourcing transactions, negotiations, and supplier selection for products and services.
  • Performs supply market data analysis and recommends suppliers and vendors to the business. Identifies and is knowledgeable of industry trends and category strategies.
  • Drives engagements, resolves issues, and involves stakeholders as needed. Interfaces with other sourcing operations teams, business leaders, and legal & risk partners for each transaction.
  • Ensures proper closure of transactions including the successful handoff to purchasing and payables associates, the validation that suppliers will comply with agreed-upon payment terms, and that the contracting team receives documents in good order.
  • Supports adherence to procurement policies and procedures. Ensures application of fair business practices and procurement of products and services at the best execution and price.
  • Participates in special projects and performs other duties as assigned.
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