Global Strategic Sourcing Vice President - Technology at BlackRock

Edinburgh, Scotland, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Asset ManagementIndustries

Requirements

Substantial category planning and tracking expertise
Advanced analytics capabilities (e.g., Power BI, SQL, Tableau)
Experience in strategic sourcing, procurement, and supplier management
Ability to conduct rigorous external spend analysis
Proficiency in building executive-ready presentations (e.g., PowerPoint)
Skills in market research and analysis for supply chain trends, risks, and opportunities
Expertise in negotiating and drafting contracts
Knowledge of sourcing strategies including competitive bidding, proofs-of-concepts, demand management, supplier consolidation, nearshoring, and process reengineering
Ability to identify and mitigate supply chain risks

Responsibilities

Serve as a strategic advisor to all levels of management on sourcing and procurement matters, providing insights and recommendations to optimize the vendor portfolio and achieve corporate 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, including a $200M external spend optimization effort
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
Work closely with internal stakeholders 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 suppliers, negotiating and drafting favorable terms into contracts, ensuring high 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 measures

Skills

Strategic Sourcing

Category Management

Supplier Evaluation

Negotiation

Performance Management

Advanced Analytics

Spend Optimization

Procurement Strategy

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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