Technology Sourcing - Strategic Sourcing Manager New York, NY Posted today

Technology Sourcing – Strategic Sourcing Manager Location: New York Business Area: Accounting and Finance Ref #: 10050730 The Bloomberg Terminal quickly and accurately delivers business and financial information, news and insight around the world to over 315,000 customers worldwide. Our global terminal customers depend on our proprietary high‑quality hardware to be able to access our terminal and make critical business decisions. Bloomberg’s Global Finance team works with all things financial! We help business partners with all aspects of procurement, from cash collection to vendor invoice processing and payments, regional treasury, cash funding, indirect tax, capital planning and fixed assets. Global Procurement supports both the strategic sourcing and operational purchasing of goods and services for the organization. We procure and distribute the goods and services that Bloomberg needs to do business, handle vendor‑related risks and deliver the best customer service in the world. Role Our dynamic Procurement department is seeking an enthusiastic and ambitious Strategic Sourcing Manager to join its team based in New York City. The successful candidate will assist in developing and executing enhanced sourcing and vendor management strategies that align with Bloomberg’s business objectives and support technology business areas. This role requires building and managing relationships with internal stakeholders and external vendors across a global landscape, applying procurement principles, delivering excellent customer service, and maintaining strong communication and stakeholder management skills. Responsibilities Provide procurement and commercial insights to internal customers and stakeholders. Build strong and lasting relationships with internal stakeholders and key vendors. Think strategically, collaborate effectively, and negotiate skillfully. Negotiate and engage with key stakeholders and vendors to facilitate delivery and compliance with Bloomberg’s Procurement Framework. Develop, implement and enhance sourcing strategies and manage a robust sourcing deal pipeline. Determine specifications and requirements for products and services through collaboration with stakeholders and the departments’ strategic plans and needs. Make sourcing recommendations based on financial analysis, cost structure of categories, vendor alignment with Bloomberg’s goals and strategies, and vendor position in their industry alongside marketplace offerings. Understand the internal and external environment for the goods/services required by the business. Support change management and adhere to purchasing frameworks and vendor risk management policies. Effectively communicate impact of market changes and potential effects on vendors to stakeholders. Persuade and align cross‑functional teams with different goals and complexities. Deliver outstanding customer service and support regional sourcing opportunities. Innovate within the procurement space; look for new ways to structure S2P programs and/or categories. Qualifications 10–12 years of strategic technology sourcing experience specializing in software. Additional hardware and IT services experience welcomed. BA/BS degree or equivalent. Strong knowledge of RFI/RFQ/RFP and sourcing process. Experience in contract negotiation, redlining, and vendor management. Excellent communication, interpersonal skills, and attention to detail. Strong customer service skills including issue resolution, negotiation, project management, and analytical problem‑solving with a focus on continuous improvement. Strong leadership and stakeholder management skills with regional and cultural awareness, and proven ability to build trusting relationships across stakeholder groups. Strong vendor performance management experience in the technology space, including monitoring, measuring, and improving third‑party performance against agreed KPIs, SLAs, and contractual obligations. Ability to analyze internal and external data to drive sourcing insights and decisions. Capability to learn new applications relevant to the role. Effective interaction in a cross‑functional and fast‑paced environment with various stakeholders. Preferred Qualifications Experience in a fast‑paced, data‑driven environment and the ability to multi‑task. Demonstrated application of negotiation and strategic sourcing/procurement principles. Successful collaboration with diverse stakeholders to achieve international business goals. The ability to manage a high volume of transactions at a strategic level. Knowledge of international trade terms. Applied knowledge of regulatory/compliance contracting. SAP or other ERP systems knowledge. Strong MS Office and technical skills. CPP/CIPS/CPM preferred. Knowledge of AI tools such as OpenAI ChatGPT, Google Gemini and Microsoft Co‑pilot to support and streamline sourcing activities. Compensation Salary Range: USD 125,000 – 180,000 annually + benefits + bonus. The referenced salary range reflects the Company’s good faith belief at the time of posting and may vary based on geographic location, work experience, market conditions, education/training, and skill level. Benefits We offer one of the most comprehensive and generous benefits plans available, including merit increases, incentive compensation (exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long‑term disability benefits, 401(k) + match, life insurance, and various wellness programs. The Company does not provide benefits directly to contingent workers, contractors, and interns. Equal Opportunity Bloomberg is an equal‑opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. The Company is committed to providing reasonable adjustments for the recruitment process to accommodate applicants with disabilities. #J-18808-Ljbffr