Contract Advisor

The Vanguard Group•Malvern, PA

19h•Hybrid

About The Position

The Contract Advisor serves as a subject matter expert in high-complexity strategic sourcing transactions, negotiations, and supplier selection for products and services. The role manages supplier relationships within a category and executes category strategy to maximize value. It analyzes supply-market data, recommends suppliers, connects industry trends and category strategies to business needs, and coaches team members on market analysis. The Contract Advisor drives stakeholder engagements, resolves escalated issues, and works with sourcing operations, business leaders, and legal and risk partners. The role also communicates contract requirements, obligations, and risk exposures; monitors key supplier performance; champions sourcing-process compliance; and ensures supplier and contract data is recorded in management systems and databases. The position participates in special projects and performs other duties as assigned. Vanguard uses a hybrid working model for most crew members, combining flexibility with in-person learning, collaboration, and connection. Vanguard is not offering visa sponsorship for this position.

Requirements

Five years of related work experience.
An undergraduate degree or an equivalent combination of training and experience.

Nice To Haves

Graduate degree preferred.

Responsibilities

Manage high-complexity strategic sourcing transactions, negotiations, and supplier selection for products and services.
Manage supplier relationships within a category and execute category strategy to maximize value.
Analyze supply-market data and recommend suppliers and vendors to the business.
Identify industry trends and category strategies and connect them to business needs; coach team members on supply and market analysis.
Drive engagements, resolve escalated and complex issues, and involve stakeholders as needed.
Interface with sourcing operations teams, business leaders, and legal and risk partners for each transaction.
Interpret and communicate contract requirements, obligations, and risk exposures to sourcing professionals, business leaders, and other key stakeholders.
Conduct regular performance monitoring and reviews of key suppliers.
Champion sourcing-process compliance and educate stakeholders about commercial, legal, policy, and other considerations in support of negotiations.
Ensure supplier and contract data is submitted or entered into management systems and databases.
Participate in special projects and perform other duties as assigned.