Who we are looking for

The AVP of Sourcing is an important role within State Street’s Global Procurement Team and responsible for the preparation, analysis, negotiation and finalization of the end-to-end Procurement. This sourcing manager will support/be a part of the global, regional and local category Professional Services sourcing strategies.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Sourcing Manager - Professional Services you will:

•Perform direct negotiations and manage sometimes large and complex agreements
•Solution requests and issues timely, and perform daily problem solving
•Find saving opportunities via stakeholder engagement and data analysis
•Negotiate pricing using the five levers that incentivize a supplier
•Identify risks and opportunities related to achieving financial objectives; work with process partners to mitigate risks and realize opportunities
•Heavily contribute to P&L and Cost Avoidance savings for the team
•Analyze data to identify opportunities to reduce existing cost base
•Coordinate, prepare and manage RFx/competitive bids to optimize cost and service
•Use a white glove approach in stakeholder management to provide advice and guidance within the professional services category.
•Perform all duties in accordance with prescribed regulatory compliance guidelines
•Quickly learn the State Street end to end process, and work within the guidelines to gain saving and delivery results

What we value

These skills and qualifications will help you succeed in this role
•A number of years of strategic sourcing experience in non-IT related spend is a must
•A strong understanding of all facets of the professional services category
•Proven track record of delivering P&L saving projects
•Top level commercial negotiation skills with ability to influence cross-functionally
•Understanding of best in class procurement, risk, Information Security and payable processes
•Proven self-starter who can work independently and within a team while effectively juggling multiple priorities
•Strong strategic thinker and problem solver with attention to detail
•Personal resilience to work within an extremely fast-paced, ambiguous environment
•Excellent English written and verbal communication skills
•Ability to manage challenging stakeholders diplomatically

We offer:

• Fully remote work possibility

• Employee savings plan;

• Premium life insurance package;

• VIP medical package;

• International operating environment;

• Additional holiday entitlement

• Language classes;

• Soft skills trainings;

• Technical workshops;

• Development sessions with a mentor;

• Diversity of opportunities across a range of challenging and highly complex activities;

• Technical or leadership career pathwa