Vice President, Global Strategic Sourcing

BlackRock•New York, NY

4d•$130,000 - $173,500•Hybrid

About The Position

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 third‑party engagement are foundational to BlackRock’s ability to deliver long‑term value at global scale. As technology, data, and professional services become increasingly critical to the firm’s operating platform—and as regulatory expectations continue to rise—BlackRock is making a strategic investment in senior sourcing leadership.

Requirements

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 executive‑ready 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
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

Responsibilities

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.
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 company's overall business goals, ensuring cost-effectiveness, and quality.
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.
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.
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.
Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions.
Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance.
Recruit, coach, mentor, and indirectly manage junior staff as necessary.