Procurement & Sourcing Operations Analyst, Specialist

Vanguard•Malvern, PA

1d•Hybrid

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. 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. Vanguard, one of the world's leading 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.

Requirements

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

Nice To Haves

Accounting or Finance degree preferred.

Responsibilities

Leads low and medium complexity sourcing transactions based on assessment of business needs.
Leads and facilitates discussions on relationship, cost, and capabilities with leadership and suppliers.
Manages the process of competitive bidding through the RFx process and supports supplier analysis, pricing models, and partnership opportunities.
Evaluates vendors against contracts, data analysis, and knowledge of a specific category.
Drives engagements through defined sourcing processes, resolving issues and involving stakeholders as needed.
Interfaces heavily with other Sourcing teams, business owners, and Legal & Risk partners for each transaction.
Ensures adherence to department data quality standards.
Participates in strategic vendor related initiatives.
Provides relationship and project management expertise.
Coordinates multiple stakeholders for input and collaboration for procurement activities.
Oversees vendor invoicing and contract review and approvals.
Proactively considers and suggests vendor alternatives and contract timelines.
Supports adherence to procurement policies and procedures.
Participates in special projects and performs other duties as assigned.