Services - BFSM - Technology Contingent Workforce Team - VP - Bengaluru

Location(s) IN-Bengaluru
Job ID
2020-60074
Schedule Type
Full Time
Level
Vice President/Executive Director
Function(s)
General
Region
India
Division
Services
Business Unit
Supply Chain
Employment Type
Employee

MORE ABOUT THIS JOB

The Technology Contingent Workforce Team

The technology Contingent Workforce team (tCW) is  part of the global Strategic Sourcing team charged with strategically and proactively managing the firm’s vendor spend.  The tCW team is responsible for managing the full life-cycle of professional services, managed services and staff augmentation vendor relationships.

The team: 

  • Sets the buying strategy and policies for the technology contingent workforce
  • Negotiates commercial arrangements with technology vendors, including master agreements, statements of work and rate cards
  • Manages vendor escalations
  • Ensures divisional adherence to the contingent workforce policies and timely resolution of policy exceptions, confirms the contingent worker records are up-to-date and accurate, and ensures that all contingent worker risks and incidents are identified, prioritized and managed. Reports notable contingent worker activities including risk profiles to leadership. 

The team is responsible for tracking and reporting on strategic vendor management activities, spend and other trends impacting the firms and business units

RESPONSIBILITIES AND QUALIFICATIONS

Key Responsibilities

  • Set channel buying strategy and policies for technology Contingent Workforce with primary focus on the India and the Asia region
  • Negotiates rate cards, contracts and commercial terms with vendors in cooperation with Goldman Sachs Legal
  • Manage the relationship and escalations with the firm’s top vendors
  • Liaise across management, business and relationship managers, and vendors to identify and document vendor sensitivities, commercial and relationship opportunities
  • Collaborate with various risk management partners, such as legal, finance, Information Security, compliance and others to ensure the firm’s vendor management policies and procedures are followed
  • Run RFPs for new engagements
  • Create financial analysis of pending transactions, including review of vendor proposal financial viability and total cost of ownership analysis
  • Confirm budgetary approvals are obtained for all transactions
  • Audit and take corrective actions for contingent worker data in the firm’s systems of record

Experience

  • Bachelor’s degree in Business, Operations, Management, related technical field or equivalent practical experience.  MBA Preferred
  • Combined 5-10 years’ experience working in strategy, consulting or professional services with a focus on technology strategy and business process improvement
  • Experience working with a global team
  • Experience with procuring contingent workers and managed services.
  • Familiarity with professional services contract types and terms
  • Previous sourcing or vendor management experience

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity