Vice President, Sourcing and Procurement
About The Position
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Vice President to join our Enterprise Sourcing Office team. This role is located in Lake Mary, FL.
Requirements
- Bachelor’s degree in finance, business, or a related field; master’s degree preferred
- 7–10 years of experience in sourcing negotiations, preferably within the financial services industry
- Exceptional verbal, written, and presentation skills with the ability to simplify complex information and influence stakeholders at all levels
- Demonstrated ability to create strategic, data-driven PowerPoint presentations for senior leadership
- Highly analytical and detail-oriented, with a collaborative, creative, and flexible approach to problem-solving
- Ability to lead and influence cross-functional initiatives, work independently, and manage multiple work streams
- Understanding of new and evolving technologies to support forward-thinking sourcing strategies
- Experience with procurement and contract authoring software applications such as Ivalua and Sirion
Responsibilities
- Partner with business and supplier partners to develop plans for Technology/Fin-Tech category management
- Lead negotiations for both non-complex and complex contracts, delivering consistent value through negotiated savings
- Manage contract administration for a moderate volume of standard contracts including NDAs, SOWs, and termination notifications
- Represent Senior Negotiators in high-impact meetings as needed
- Prepare and conduct complex supply market analyses, develop RFP and RFI templates, pricing assessments, and total-cost modeling
- Utilize AI-powered analytics to identify and unlock commercial value beyond traditional cost savings, focusing on innovation
- Independently review and analyze contract requirements, conduct research, identify contracting issues, and recommend solutions
- Review and advise on findings compiled by junior sourcing roles to ensure accuracy and quality
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to flexible global resources and tools
- Generous paid leaves
- Paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- Various paid time off benefits, such as vacation and sick time
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What This Job Offers
Job Type
Full-time
Career Level
Senior
