Corporate Planning & Management – Global Procurement, Strategic Sourcing Manager, Software/SaaS, Associate, Dallas
Role Overview
Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds. This role sits within the Global Procurement pillar. The Strategic Sourcing team within Global Procurement is responsible for driving the execution of strategic priorities, including firm’s operational efficiency targets, as it relates to the Firm’s relationships with vendors. We partner with a wide range of stakeholders across the firm as we support spend categories across Technology, Professional Services, Legal, Corporate Workplace, Human Resources, and Marketing, among others. As a result, we are actively involved in the entirety of the vendor relationship lifecycle – from procurement to payment.
Job Responsibilities
- Lead/participate in contract and commercial negotiations for technology-related products and services globally, with focus on software agreements, including both internally-hosted as well as vendor-hosted arrangements (SaaS/PaaS), while following vendor engagement model and adhering to firm’s vendor-related policies and practices.
- Collaborate with various risk management partners, such as Legal, Finance, Information Security, Compliance, and others to ensure firm's vendor management policies and procedures are adhered to.
- Create financial analysis of pending transactions, including review of vendor financial viability as well as total cost of ownership and return on investment analyses. May involve interfacing with outside research companies to create benchmarking models and identify cost savings opportunities.
- Serve as an advisor to the business/technology groups in the areas of licensing and commercial/contractual/vendor risks, among others.
- Lead/participate in license audits and certifications, in collaboration with other groups including end users, technology, legal, and others.
- Liaise across Engineering leadership, business and relationship managers to identify and escalate vendor/client sensitivities, commercial and relationship opportunities.
- Responsible for tracking of and reporting on strategic vendor management activities, spend and other trends of strategic vendors, understanding impact across firm/business units.
About Goldman Sachs
We are a leading global investment banking, securities and investment management firm. Founded in 1869, we are committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.