Category Analyst- IT Sourcing

Vanguard Malvern , PA 19355

Posted 5 months ago

Step forward with a global market leader

At Vanguard, we deliver exceptional value to our clients by making sure every aspect of our business is focused on value too.

As a Category Specialist within our Finance division, you will build relationships with our business partners and recommend category and supplier strategies to drive value. You will initiate strategic sourcing activities for the professional services category of spend, with the goals of achieving significant cost reductions, improving product quality and supplier service levels as well as negotiate best in class commercial contracts. Sourcing the highest quality vendors, products and materials at the most competitive price, you'll support our commitment to low-cost investing.

Requirements

In this role, you will

  • Own medium- and high-complexity sourcing transactions. Responsible for sourcing vendors and negotiating prices for products and services.

  • Drive engagements through the defined sourcing triage process, resolving issues and involving stakeholders as needed. Interface heavily with other Sourcing Operations teams (RFx, Contracting), business owners, and Legal & Risk partners, as needed, for each transaction. Provide recommendation on vendor to business through data analysis and maintaining knowledge in specific category.

  • Ensure proper closure of transaction including: Successful handoff to Purchasing and Payables associates; Validation that supplier will comply with agreed-upon payment terms; contracting team receives documents in good order for catalogue and storage.

  • Support crew adherence to procurement policies and procedures.

  • Perform rapid sourcing activities by ensuring the application of fair business practices and consistent procurement of products and services at the best execution and best price.

  • Adhere to goals, examines ways to raise standards, and improve overall performance of the department.

  • Support departmental process and technology initiatives.

  • Participate in special projects and performs other duties as assigned.

The ideal candidate

  • Is highly regarded for problem solving & relationship management skills.

  • Has a strong track record of achieving successes through and by enabling others within a cross-functional team.

  • Has a global mindset and intellectual curiosity, specifically the ability to quickly master complex and technical concepts.

Impact

Make every cent matter

Joining a team of elite financial minds, you'll develop and execute a Banking, Investments, Strategic initiatives Category Strategy that takes account of business needs and industry trends, and keeps our investors' costs low. To guide and make the critical decisions behind these responsibilities, and to become an influential figure within the Finance division, you'll need strong analytical skills, objectivity and total integrity. Your talent for project management and ability to communicate clearly and convincingly will help you make an even bigger impact.

Qualifications

What it takes

  • Undergraduate degree in business or related field preferred or equivalent combination of training and experience

  • Minimum of five years general business experience and five years of experience buying goods/services (incl. contract negotiations)

  • Excellent written and verbal communication skills

  • Proficiency with Microsoft Office

  • Experience with financial support systems and e-commerce

  • Experience working with all levels of an organization (internal and external)

  • Demonstrated ability to lead with the ability to persuade and influence

  • Deep industry knowledge and experience in IT, Banking and Investment Related Services

  • Special Factors

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we're changing the way the world invests.

For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let's make it count.

Inclusion Statement

Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.


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Category Analyst- IT Sourcing

Vanguard