The Procurement professionals within CSRE partner with departments across the firm in order to foster a competitive (and diverse) vendor environment which mitigates risk and maximises value. The Procurement and Vendor Management (PVM) team's role is to drive informed procurement decisions that create sustainable value at optimal cost. In addition, PVM is responsible for helping develop vendor management programmes and initiatives across the firm and helping support divisions to adhere to the firm's vendor management policy.
OUR IMPACT Consisting of Corporate Services and Real Estate (CSRE) and the Office of Global Security (OGS), our teams drive productivity and enable the firm's flow of business while ensuring its safety and security. CSRE acquires, develops and manages the firm's global real estate portfolio and delivers innovative market development, document management and hospitality related services to internal partners in the firm. CSRE's vision is to provide the world's best workplace to the people of Goldman Sachs. OGS's mission is to protect the firm's people, assets, and reputation and in doing so provides people protection, physical security, fire safety and crisis management. We look for achievement-oriented, creative individuals who perform at their best in a diverse team environment and are motivated by tangible results.
Corporate Services and Real Estate (CSRE) acquires, develops and manages the firm's global real estate portfolio and delivers innovative and commercially managed market development, document management and hospitality related services.
CSRE's areas of responsibility are Real Estate, Business Services, Finance and Administration & Communications: Business Services delivers high-quality, commercially managed services to internal partners throughout the firm Real Estate plans, builds and operates the firm's facilities worldwide, and is critical to ensuring that our core businesses operate efficiently 24 hours a day, 7 days a week Finance , comprised of regionally based teams and a central hub in Bangalore, India, provides financial analysis, decision support, procurement, contract administration and reporting for all initiatives within the Services Division and for business partners across the firm Administration and Communications oversee organisational development and internal and client communications
Team Description Reporting to the Global Category Lead of Business Services based in London and the local Procurement and Vendor Management Lead, this procurement management professional will have responsibility for Business Services procurement and category activity for Asia.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
Identify and implement best practices in procurement, commercial and vendor management with a focus on the area of Business Services categories (Hospitality, Events, Travel, Ground Trabsportation etc.):
Partner with business and functional leadership to understand short, medium and long-term third party requirements including demand management and make vs. buy decisions
Responsible for supporting procurement strategy creation and execution of key initiatives in support of the firms commercial and operational objectives
Assess and assist in the mitigation of vendor risk
Identify and implement best practices in procurement, commercial and vendor management
Work closely with the key CSRE stakeholders to ensure budget and bid return levels are compared and understood as part of any bid return analysis
Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors
In conjunction with the business drive vendor commercial management with the firm's key vendors
Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as require
Manage compliance with and provide reporting on the firm's commitments in relation to citizenship
Support organizational capability to provide support for vendor engagement processes across divisions
Leverage and develop the firm's spend management shared services team in India
Drive development and delivery of the firm's spend management technical infrastructure
Facilitate sharing knowledge, experiences and best practice within and across global Procurement and Commercial Management team
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Minimum three (3) years' experience in supply chain management, sourcing and procurement, vendor management legal and contracting or operational risk management with experience working with vendors within the indirect space category including but not limited to Travel, Hospitality, Events.
Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, vendor management legal and contracting or operational risk management
Bachelors/Masters degree in a related field; relevant professional qualifications or accreditations (e.g. ISM, CPM, CIPS, etc.)
Knowledge and experience working with key regional hospitality, travel, ground transportation, events vendors and specifically in the Hong Kong, Singapore, Japan, China and Australia markets
Experience with running procurement projects within the financial industry or other blue chip organizations including running RFx process from start to finish and partnering with business stakeholders, finance and legal to ensure contracts reflect accurately
Experience working in a multi-national organization and multi-cultural team
Excellent client/ stakeholder engagement skills and experience in working on projects involving a range of diverse stakeholders.
Track record of being a team player collaborating with others within and across teams
Proven, strong communication, interpersonal and organisational skills
Strong communication/presentation skills
Impeccable attention to detail and excellent problem solving and analytical skills
Strategic thinker with strong implementation and execution ability
Proficient with the suite of Microsoft Office software and other computer skills
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.