Vendor & Procurement Manager Associate recruitment

Overview:

Sourcing and Vendor Management's (SVM) 3 main objectives are: to ensure BlackRock gets the best value from the annual spend through its vendors, to engage and actively manage its external vendors in a consistent manner and to ensure it manages the risks associated with buying certain services. The sourcing teams are organized by category of spend (includes Marketing, Print, Travel, Hardware, Software, Facilities and Professional Services). The Sourcing team has the need for a highly analytical Associate in NYC.

Primary Responsibilities:

- Responsible for supporting souring activities across multiple spend categories
- Develop and implement key sourcing strategies to deliver value and savings for the firm
- Proactively identify, prioritize and manage the pipeline of strategic sourcing projects for the Sourcing and Vendor Management team, including appropriate management level reporting and tracking
- Own the full strategic sourcing cycle, including vendor identification and selection, price negotiation, and contract "red-lining" (editing) for corporate and business services
- Manage/audit core supplier oversight processes, including score-carding, tiering, risk management and performance improvement for vendors
- Develop and deliver continuous improvements in the quality, cost, delivery and support of services.
- Resolving issues relating to supplier performance or deviations from original work estimates.
Qualifications:

- Superior analytical skills - as evidenced by a strong track record of successful analytical decision-making. Successful candidates can provide examples that demonstrate superior quantitative and analytical capabilities, and the ability to translate analysis into tactics and results.
- Negotiation skills - as evidenced by successfully shaping the decision-making process in situations where there are competing objectives. Successful candidates have solid negotiation experience and are comfortable representing BlackRock's interests in interactions with vendors and other counter parties.

- Strong communication skills - as evidenced by examples that demonstrate an ability to influence others through oral and written presentation. Successful candidates are able to persuade, motivate and compel support for key ideas and initiatives by delivering clear, well-structured presentations.

- 3+ years of analytical, Sourcing/Procurement experience
- Procurement experience with MSAs, SOWs and SLAs across Marketing, Print, Travel, Hardware, Software, Facilities and Professional Services categories of spend
- Proven ability to manage issues through to resolution, negotiating compromises for overall business benefit when required.
- Ability to develop and maintain effective working relationships with clients and vendors
- Minimum BA/BS degree.


BlackRock is proud to be an E-Verify Equal Opportunity/Affirmative Action Employer--M/F/D/V.

Skills

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.