Strategic Sourcing Specialist

Vanguard

Strategic Sourcing Specialist optimizing procurement for Vanguard, a leading investment management company. Leading supplier negotiations, competitive sourcing events, contracts, and cost-saving initiatives across Banking & Investment Services.

Posted 8/4/2026full-timeMalvern • Arizona, North Carolina, Pennsylvania • 🇺🇸 United StatesMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in strategic sourcing, contract management, and supplier negotiations, with a strong focus on cost optimization and operational efficiencies. Proven ability to analyze supplier proposals and collaborate with cross-functional teams to drive informed decision-making.

Highest-signal resume keywords

Strategic SourcingContract ManagementSupplier NegotiationAnalytical SkillsCross-Functional Collaboration

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Competitive Sourcing EventsRFIRFPRFQSupplier Proposal AnalysisContract DraftingCost OptimizationRisk MitigationSupplier Performance ManagementMarket Data Analysis

Soft Skills

Effective CommunicationProblem-SolvingRelationship BuildingOrganizational SkillsInfluencing Skills

Tools & Technologies

Microsoft OfficeExcelPowerPointWord

Industry Keywords

Procurement LifecycleSupplier SelectionCost SavingsGovernance StandardsStakeholder Engagement

About the role

Key responsibilities & impact

Support the Banking & Investment Services category and drive value throughout the procurement lifecycle
Develop and execute strategic sourcing strategies
Lead supplier negotiations and supplier selection
Deliver cost optimization, operational efficiencies, risk mitigation, and enhanced supplier performance
Manage supplier relationships within the category
Lead end-to-end competitive sourcing events, including RFI, RFP, and RFQ processes
Develop sourcing materials, engage suppliers, and coordinate cross-functional evaluations
Analyze supplier proposals, market data, spend, and business requirements
Negotiate commercial terms, pricing, service levels, and contracts
Support contract drafting, redlining, execution, renewals, amendments, and new projects
Collaborate with business, finance, IT, legal, and risk stakeholders
Advise stakeholders on supplier capabilities, market trends, and sourcing approaches
Facilitate cross-functional alignment and informed decision-making
Identify and implement cost savings, efficiency improvements, and supplier consolidation opportunities
Manage multiple sourcing initiatives, timelines, deliverables, and stakeholder expectations
Ensure sourcing and contracting activities comply with procurement policies, governance standards, and risk requirements
Participate in special projects and perform other duties as assigned

Requirements

What you’ll need

5 years or more of experience in strategic sourcing, contract management, or a related business function
Undergraduate degree or equivalent combination of training and experience
Experience supporting or leading competitive sourcing events, including RFI, RFP, and RFQ
Experience reviewing, negotiating, or administering supplier contracts and commercial terms
Strong analytical and problem-solving skills
Ability to evaluate supplier proposals, pricing models, and business requirements
Effective verbal and written communication skills
Ability to influence and collaborate across multiple stakeholder groups
Ability to build relationships and communicate with stakeholders at multiple organizational levels
Ability to navigate cross-functional decision-making processes
Strong organizational skills and ability to manage multiple priorities and deadlines
Proficiency in Microsoft Office, including Excel, PowerPoint, and Word
Must not require visa sponsorship; Vanguard is not offering visa sponsorship for this position

Benefits

Comp & perks

Hybrid working model
Enhanced flexibility
In-person learning, collaboration, and connection
Learning and development opportunities as individuals and as a team