Corporate Planning & Management, Spend Management, Strategic Sourcing, Executive Director, Birmingham OUR IMPACT
The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, andernance strategies across the firm. CPM have 5 operating pillars.
Finance & Planning supports the execution of the firm's strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm's business plans and budgets. They develop consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achievemercial financial opportunities. Product Finance is responsible for the overallernance and proactive management of the firm's nonpensation expenses. Spend Management epasses the functions responsible for managing all aspects of the firm's spend with third parties - advisingmercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations. Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses. The CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm's strategic objectives.
YOUR IMPACT
Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds.
This role sits within the Spend Management pillar and will focus on ongoing management, monitoring and maintenance of Strategic Sourcing process, risk / control and RCAponents.
The role requires collaboration with different functions across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. It also entails in-depth analysis and reporting for senior management, requiring diligence and amercial mindset. The candidate is required to work closely with global counterparts. Should have excellent verbal and writtenmunication skills.
Job responsibilities will include, but are not limited to:
1. Provide ongoing management, monitoring and maintenance of Strategic Sourcing process, risk / control and RCAponents.
2. Act as a champion and primary point of contact for Strategic Sourcing across all 3LoDs for matters related to Strategic Sourcing
3. Supportpliance to the Firmwide Third Party Risk and Control Framework and associated programs
4. Provide active engagement across the full spectrum of risks to ensure appropriate oversight andernance risks related to Strategic Sourcing
5. Engage with Risk Partners across the organization (, technology), as needed, to review control requirements and drive resolution of Strategic Sourcing issues
6. Manage internal and external examinations and engagements (regulatory, audit,pliance) related to Strategic Sourcing
7. Partner to equip Enterprise Vendor Relationship Owners and Divisional Vendor Risk Owners with skills, training, and awareness on their roles
8. Support and help lead aspects of global TPRM program initiatives and priorities, working with global program and capability leads, as well as the global team overall. Including development of a process inventory, adoption of controls, issue tagging, enhanced new activities, and overall adherence to ERMF elements
9. Manage incidents when they occur,plete post-mortems and drive actions to closure with Sourcing leadership
10. Champion and advocate for program maturity and development with key partners across the organization, ensuring alignment with the firm's overall third-party strategy
Qualifications
11. Bachelors / Post Graduation; and in addition if any relevant professional qualifications
12. Minimum five years' experience in Strategic Souring and Category management, particularity in the indirect spend with a preference in corporate services sourcing
13. Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, project management vendor management legal and contracting or operational risk management
14. Functional Expertise - Understanding of strategic procurement, category management approach and procurement value proposition
15. Strategic Mindset - Needs to be able to effectively create category strategies with the ability to influence and guide key stakeholders with sourcing decisions. Needs to clearly understand and articulate the Procurement value proposition and demonstrate clear strategic thinking / intent within work product
16. Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
17. Drive and Motivation - Successfully handles multiple tasks, operates at pace, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
18. Client and Business Focus - Strong stakeholder engagement skills. Effectively handles difficult requests, builds trust, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
19. Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
Preferred Qualifications
20. Experience of successfully negotiatingplex, high-profile contracts, including incentivized service level agreements
21. Excellent client management skills and experience in leading projects involving a range of stakeholders.
22. Track record of being a team player collaborating with others within and across teams
23. Proven, strongmunication, interpersonal and organizational skills
24. Professional and measured approach that has creditability within industry and with peers
25. Strong executive-levelmunication/presentation skills
26. Impeccable attention to detail and excellent problem solving and analytical skills
27. Strategic thinker with strong implementation ability
28. Proficient with the suite of Microsoft Office software
29. Experience of Sourcing procure to pay tools (Ariba, Fieldglass, PMweb)
ABOUT GOLDMAN SACHS
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Job ID 300007693075997