Enterprise Partnerships, Strategic Sourcing, Associate
The Goldman Sachs Group, Dallas, TX, United States
Job Summary
Strategic Engagement is responsible for sourcing and managing third‑party relationships for Marcus across all business lines in an effort to obtain the right products and services from the right vendors at optimal terms. The team focuses on obtaining best value, minimal risk, and accretive solutions for our customers, the firm and Marcus. Strategic engagements sourcing professionals partner with businesses in order to foster a competitive (and diverse) vendor environment which mitigates risk and maximizes value. Strategic Sourcing role is to drive informed procurement decisions that create sustainable value at optimal cost. In addition, Sourcing is responsible for helping develop vendor management programs, drive spend compliance through tools and infrastructure and influence increase in diverse spend across the firm. Responsibilities
Lead vendor contract and commercial negotiations in one or more technology spend categories across Marcus Act as a trusted business advisor to provide guidance on all vendor‑related matters in spend category, including sourcing strategy for single‑source and RFX projects Work collaboratively with internal subject matter experts across Legal, Compliance, Tax, Finance, Firmwide sourcing, and other areas as required to drive sourcing projects to completion and meet all internal governance requirements Run RFIs / RFPs to evaluate and select vendors and products/services based on ability to meet requirements, total cost, risk, and commercial and legal terms Conduct analysis to model expected costs over the contract term, design the optimal commercial structure and use this analysis to make well informed decisions and recommendations Drive category planning alongside business stakeholders for one or more spend categories to maintain strategic and proactive control of the category inclusive of spend, number of vendors and product, vendor performance, and commercial and operational risk Maintain all documentation, management information, and data as required such as the sourcing project tracker and contract database Prepare reports for Marcus / Firm management on overall service provider landscape / vendor management issues, including related risks and other metrics Qualifications
Minimum Bachelor's degree 4+ years of strategic sourcing experience including commercial negotiations and running RFIs and RFPs At least two years of software sourcing experience with a variety of different vendors and licensing models Financial industry experience preferred, but not required. Strong analytical, financial analysis, problem‑solving, and project management skills Highly motivated and results orientated Self‑directed team player, ability to drive high performance and work independently or in a collaborative team Excellent communication skills, both oral and written Good understanding of contract terms Ability to manage multiple projects simultaneously and prioritize accordingly Strong stakeholder management skills and an ability to influence across functions Ability to work in a fast‑paced environment and think clearly under pressure Commitment to excellence and a high level of integrity Proficient use of Microsoft Office Suite to include Word, Excel, Outlook, and PowerPoint Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law. We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
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Strategic Engagement is responsible for sourcing and managing third‑party relationships for Marcus across all business lines in an effort to obtain the right products and services from the right vendors at optimal terms. The team focuses on obtaining best value, minimal risk, and accretive solutions for our customers, the firm and Marcus. Strategic engagements sourcing professionals partner with businesses in order to foster a competitive (and diverse) vendor environment which mitigates risk and maximizes value. Strategic Sourcing role is to drive informed procurement decisions that create sustainable value at optimal cost. In addition, Sourcing is responsible for helping develop vendor management programs, drive spend compliance through tools and infrastructure and influence increase in diverse spend across the firm. Responsibilities
Lead vendor contract and commercial negotiations in one or more technology spend categories across Marcus Act as a trusted business advisor to provide guidance on all vendor‑related matters in spend category, including sourcing strategy for single‑source and RFX projects Work collaboratively with internal subject matter experts across Legal, Compliance, Tax, Finance, Firmwide sourcing, and other areas as required to drive sourcing projects to completion and meet all internal governance requirements Run RFIs / RFPs to evaluate and select vendors and products/services based on ability to meet requirements, total cost, risk, and commercial and legal terms Conduct analysis to model expected costs over the contract term, design the optimal commercial structure and use this analysis to make well informed decisions and recommendations Drive category planning alongside business stakeholders for one or more spend categories to maintain strategic and proactive control of the category inclusive of spend, number of vendors and product, vendor performance, and commercial and operational risk Maintain all documentation, management information, and data as required such as the sourcing project tracker and contract database Prepare reports for Marcus / Firm management on overall service provider landscape / vendor management issues, including related risks and other metrics Qualifications
Minimum Bachelor's degree 4+ years of strategic sourcing experience including commercial negotiations and running RFIs and RFPs At least two years of software sourcing experience with a variety of different vendors and licensing models Financial industry experience preferred, but not required. Strong analytical, financial analysis, problem‑solving, and project management skills Highly motivated and results orientated Self‑directed team player, ability to drive high performance and work independently or in a collaborative team Excellent communication skills, both oral and written Good understanding of contract terms Ability to manage multiple projects simultaneously and prioritize accordingly Strong stakeholder management skills and an ability to influence across functions Ability to work in a fast‑paced environment and think clearly under pressure Commitment to excellence and a high level of integrity Proficient use of Microsoft Office Suite to include Word, Excel, Outlook, and PowerPoint Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law. We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
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