Vice President, Global Strategic Sourcing

About this role

Business Unit Overview:

BlackRock Finance consists of finance professionals across several disciplines such as Financial Planning & Analysis, Treasury, Tax, Finance Controls, Global Strategic Sourcing (“GSS”), Finance Platform Support and Controllers. GSS is a global team, with team members primarily based in New York, Gurgaon, Edinburgh and Budapest. GSS aims to be an organization of trusted strategic sourcing advisors enabling BlackRock to achieve more value. The GSS team advises and supports business functions on all their supplier-related initiatives whether they involve supplier identification, evaluation, selection, negotiation, performance management or escalation management.   GSS seeks to avoid certain costs, deliver tangible cost reductions, furnish reliable analytical data and insights for improved decision making, and enable a socially responsible and diverse supplier base.

Operational excellence, risk management, and disciplined third‑party engagement are foundational to BlackRock’s ability to deliver long‑term value at global scale. As technology, data, and professional services become increasingly critical to the firm’s operating platform—and as regulatory expectations continue to rise—BlackRock is making a strategic investment in senior sourcing leadership.

We are hiring two distinct, senior-level professional roles within Global Strategic Sourcing (GSS), each with material enterprise impact:

Vice President, Technology Sourcing (Individual Contributor, reporting to the Technology Category Lead) negotiating enterprise-level software or hardware purchase agreements with the mega-tech, AI, and fintech vendors as well as value-added resellers.  This individual should be comfortable with build vs. buy vs. lease analyses.

Category Lead, Professional Services Sourcing (People leader with global teams in Gurgaon, Budapest, and London) supporting stakeholders in the Audit, Tax, Investment and Regulatory Due Diligence, Financial Print, and Proxy Governance & Voting environments.  This individual should be comfortable with various BPO/outsourcing arrangements and SLAs/XLAs.

Both roles are highly visible, sit at the intersection of business strategy, risk, technology, and finance, and offer exceptional exposure to senior enterprise leadership.  Both will drive high-impact initiatives that reshape our global sourcing landscape and optimize third-party spend, with a particular focus on software application rationalization and contingent worker spend consolidation. 

Responsibilities:

• Strategic Advisory: Serve as a strategic advisor to management on sourcing and procurement, with a focus on information security and cyber risk. Provide insights and recommendations to optimize the vendor portfolio, reduce risk, and achieve 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.

• Sourcing Strategy Development: 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 efforts that align with the company's overall business goals, ensuring cost-effectiveness, and quality. 

• Cross-Functional Collaboration: Work closely with internal stakeholders, especially Information Security, Technology, Legal, and Compliance, 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.

• Supplier Relationship Management: Build and maintain strong relationships with key technology and security suppliers, negotiating and drafting favorable terms into contracts, ensuring the highest standards of quality and service.

• Market Analysis: 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.

• Risk Management: Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions.

• Cost Management: Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance.

• People Management: Recruit, coach, mentor, and indirectly manage junior sta