Vice President, Sourcing and Procurement
BNY
Vice President, Supplier Contract Negotiator
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We're seeking a future team member for the role of Vice President to join our Enterprise Sourcing Office team. This role is located in Lake Mary, FL.
In this role, you'll make an impact in the following ways:
- Partner with business and supplier partners to develop plans for Technology/Fin-Tech category management
- Lead negotiations for both non-complex and complex contracts, delivering consistent value through negotiated savings
- Manage contract administration for a moderate volume of standard contracts including NDAs, SOWs, and termination notifications
- Represent Senior Negotiators in high-impact meetings as needed
- Prepare and conduct complex supply market analyses, develop RFP and RFI templates, pricing assessments, and total-cost modeling
- Utilize AI-powered analytics to identify and unlock commercial value beyond traditional cost savings, focusing on innovation
- Independently review and analyze contract requirements, conduct research, identify contracting issues, and recommend solutions
- Review and advise on findings compiled by junior sourcing roles to ensure accuracy and quality
To be successful in this role, we're seeking the following:
- Bachelor's degree in finance, business, or a related field; master's degree preferred
- 710 years of experience in sourcing negotiations, preferably within the financial services industry
- Exceptional verbal, written, and presentation skills with the ability to simplify complex information and influence stakeholders at all levels
- Demonstrated ability to create strategic, data-driven PowerPoint presentations for senior leadership
- Highly analytical and detail-oriented, with a collaborative, creative, and flexible approach to problem-solving
- Ability to lead and influence cross-functional initiatives, work independently, and manage multiple work streams
- Understanding of new and evolving technologies to support forward-thinking sourcing strategies
- Experience with procurement and contract authoring software applications such as Ivalua and Sirion
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY$68k - $170k
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