Strategic Sourcing Analyst

Responsibilities

• Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement
• cross-functional evaluation processes Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization Negotiate commercial terms, pricing, service levels
• contracts to deliver cost savings and favorable business outcomes Support contract lifecycle activities, including contract drafting, redlining, execution, renewals
• amendments Partner with legal and risk teams to support contract drafting, redlining
• governance requirements Collaborate with internal stakeholders (business teams, finance, IT, legal, risk) to translate requirements into sourcing strategies and aligned outcomes Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends
• sourcing approaches Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making Conduct supplier, spend
• market analysis to identify sourcing opportunities and recommendations Identify and implement opportunities for cost savings, efficiency improvements
• supplier consolidation Manage multiple sourcing initiatives simultaneously, ensuring timelines, deliverables
• stakeholder expectations are met Ensure sourcing and contracting activities comply with internal procurement policies, governance standards
• risk management requirements Participates in special projects and performs other duties as assigned Qualifications: 5 years or more of experience in strategic sourcing, supplier management, procurement, contract management
• a related business function.
• Undergraduate degree or equivalent combination of training and experience.
• Experience supporting or leading competitive sourcing events (RFI, RFP, RFQ) and supplier evaluations.
• Experience reviewing, negotiating, or administering supplier contracts and commercial terms.
• Strong analytical and problem-solving skills with the ability to evaluate supplier proposals, pricing models, and business requirements.
• Effective verbal and written communication skills with the ability to influence and collaborate across multiple stakeholder groups.
• Demonstrated ability to build relationships, communicate effectively with stakeholders at multiple levels of the organization, and navigate cross-functional decision-making processes.
• Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
• Proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.
• Special Factors Sponsorship Vanguard is not offering visa sponsorship for this position.
• About Vanguard At Vanguard, we don't just have a mission—we're on a mission.
• To work for the long-term financial wellbeing of our clients.
• To lead through product and services that transform our clients' lives.
• To learn and develop our skills as individuals and as a team.
• From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
• How We Work Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection.
• We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.