Global Banking & Markets, Non-Financial Risk Vendor Management, Strategic Suppli

GLOBAL BANKING & MARKETS

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor. At Goldman Sachs, our culture is one of teamwork, innovation, and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our professionals the flexibility and support they need to reach their goals in and outside the office.

Role Overview:

This role sits within the Non-Financial Risk Vendor Management team which is a vendor center of excellence (CoE) within our division.

The team is at the forefront of transforming how the firm and revenue divisions manage the most critical supplier relationships. You'll have the opportunity to help shape the function while working directly with senior stakeholders across divisions to create long-term value, foster innovation, mitigate risks, and ensure strategic alignment with our key partners. In this role you will be the primary interface for these strategic relationships, ensuring that supplier performance delivers on expectations, and that the firm continuously leverages supplier capabilities for competitive advantage. The role involves cross-functional collaboration, in-depth analysis, and senior management reporting - requiring both diligence and a commercial mindset.

Job Responsibilities will include, but are not limited to:

• Build and maintain strong and collaborative relationships across a portfolio of key strategic suppliers and internal business stakeholders, acting as the primary contact and escalation point.
• Identify and accelerate in-contract value opportunities-performance improvement, innovation, risk reduction, and sustainability - while measuring contractual SLAs & KPIs.
• Establish and regularly assess performance and risk metrics to ensure vendor reliability.
• Provide regular reporting on strategic supplier performance, risks, and value creation initiatives to senior leadership and relevant stakeholders.
• Lead vendor meetings and facilitate cross-functional collaboration to align objectives and resolve issues to maximize supplier value.
• Identify potential areas to create operational efficiencies and automate manual processes.
• Stay abreast of market trends, supplier capabilities, and competitive landscapes to inform strategic sourcing decisions and identify new opportunities with existing or potential strategic partners.
• Issue Management: Support the identification, tracking, and resolution of identified risk issues, control deficiencies, and non-compliance events related to critical vendor services.

Required Skills:

• Relationship Management: Proven ability to build trust, influence stakeholders, and foster collaborative partnerships at all levels - both internally and externally.
• Project & Program Management: Experience managing multiple initiatives concurrently, driving projects to completion, and coordinating cross-functional teams effectively.
• Analytical & Problem-Solving: Strong analytical skills with the ability to assess supplier performance, identify risks, evaluate commercial opportunities, and develop data-driven solutions.
• Communication & Presentation: Excellent written and verbal communication skills, with the ability to present complex information clearly and persuasively to a variety of audiences
• Strategic Thinking & Business Acumen: Ability to understand complex business needs, align supplier strategies with organizational goals, and identify opportunities for long-term value creation.

Qualifications and Experience:

• Relevant bachelor's degree or equivalent qualification with an excellent academic record
• 8 years of relevant experience in procurement, supply chain management, or supplier relationship management roles, with a significant focus on strategic suppliers and Third Party Risk Management
• Proven track record of managing complex, high-value supplier relationships and delivering measurable value (e.g., cost savings, innovation, risk reduction and service improvement)
• Proficiency with SRM software, e-procurement platforms, and data analytics tools