About the company
BlackRock's purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clientsāfrom grandparents, doctors, and teachers to large institutionsāturn to us for the solutions they need when planning for their most important goals. People join our firm from around the world to gain real-world experience while making an impact. Discover how you can have a career at BlackRock that's exciting, rewarding and full of possibilities.
Job Summary
Experience required:
šAt least 5 years of strategic sourcing experience at a consulting, accounting, regulatory services, multilateral development bank, technology or financial services institution, with a proven track record of success in a strategic sourcing advisory role that works with the Big 4 accounting and professional services firms and/or strategy consulting firms and/or large IT consulting firms. šA passion for the investment advisory and professional services sector, including a comprehensive understanding of market drivers, trends, and dynamics. This should include knowledge of how to negotiate technology agreements in this sector (proxy voting systems, data rooms, tax tools, etc.) šExpertise with category planning, competitive bidding techniques (RFI, RFP, RFQ), creation of business cases, vendor selection, vendor risk due diligence, operations management, and vendor dispute/escalation management. šFinancial modelling skills to build multiple negotiation scenarios, total cost of ownership models, consumption models, and demand forecasts based on spend analytics and other data sources. šDepth in drafting, redlining, and negotiating global contracts, including experience drafting engagement letters and service level agreements (SLAs), with professional service providers. This includes a solid understanding of contract law, including demonstrated ability to understand, interpret and articulate key legal terms in agreements.
Competencies:
šStrong oral and written English language skills. šHighly strategic thinker with a proactive approach to challenges and opportunities, possessing superior analytical skills, including the ability to translate analyses into negotiation strategies and results šStrong leadership and interpersonal skills, with the ability to work effectively in a team-oriented environment, eliciting support for key initiatives from senior management and other key stakeholders, by building and delivering clear, well-structured presentations šDetail-oriented and organized, with a commitment to excellence and continuous improvement. šAdaptable and resilient, with the ability to thrive in a fast-paced and dynamic business environment and with the willingness to adapt working hours to meet business needs and deadlines, understanding that most of the BlackRock supplier portfolio is comprised of firms based in the United States. šProficient MS Office skills, including experience using CoPilot and other AI software products.
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