Goldman Sachs Bank AG
Corporate Planning & Management, Strategic Sourcing, Associate - Dallas
Goldman Sachs Bank AG, Dallas, Texas, United States, 75215
Overview
Associate, Corporate Planning & Management (CPM) – Spend Management pillar. Location: Dallas. Function: Procurement / Purchasing. Division: Corporate Planning & Management. Role Overview
CPM Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering to deliver business planning and analytics, expense management, third party risk management, and governance strategies. This role requires collaboration with different functions across the firm, the ability to work independently, and interaction with senior professionals. It involves in-depth analysis and reporting for senior management, and working closely with global counterparts. Excellent verbal and written communication skills are required. Responsibilities
Work collaboratively to deploy category management techniques to develop multi-year global strategies that support the firm’s commercial and operational objectives Partner with business and functional leadership to understand short-, medium-, and long-term third-party requirements including demand management Support procurement strategy creation and execution of key initiatives Identify and implement best practices in procurement, commercial and vendor management Drive supply-side initiatives to reduce or contain risk, and/or create commercial and revenue-generating opportunities Ensure appropriate contract structures/types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with terms and refinement of Agreements as required Manage compliance with and provide reporting on the firm’s commitments related to ESG Share knowledge, experiences and best practices within and across global Strategic Sourcing teams Support compliance with the Firmwide Third Party Risk and Control Framework and related programs Engage with Risk Partners across the organization to review control requirements and resolve Strategic Sourcing issues Role based in Dallas with potential for travel as required Qualifications
Minimum five years’ experience in Strategic Sourcing and Category management, particularly indirect spend with preference in corporate services sourcing (e.g., workplace-related services like hospitality, property management, document management) Strong technical, strategic and project management skills with a foundation in supply chain management, sourcing and procurement, vendor management, contracting or operational risk management Functional Expertise
– Understanding of strategic procurement, category management approach and procurement value proposition Strategic Mindset
– Ability to create category strategies and influence key stakeholders; articulate the Procurement value proposition with clear strategic thinking Technical Skills
– Strong technical skills, attention to detail, initiative to broaden knowledge, and analytical capabilities Drive and Motivation
– Manages multiple tasks, works at pace, seeks self-improvement, pursues challenging goals and persists through obstacles Client and Business Focus
– Strong stakeholder engagement, handles difficult requests, builds trust and long-term client relationships Teamwork
– Strong team player, collaborates across teams, encourages participation and acknowledges contributions Preferred Qualifications
Experience negotiating complex, high-profile contracts, including incentivized service level agreements Excellent client management and experience leading projects with multiple stakeholders Team player with collaboration across teams Strong communication, interpersonal and organizational skills Professional, credible approach within industry and with peers Strong executive-level communication and presentation skills Attention to detail with problem solving and analytical skills Strategic thinker with solid implementation ability Proficiency with Microsoft Office Experience with Sourcing procure-to-pay tools (Ariba, Fieldglass, PMweb) Benefits
Healthcare & Medical Insurance: We offer a range of health and welfare programs varying by office location, including medical, dental, disability, life, travel and accident coverage. We offer competitive vacation policies based on employee level and location, encouraging time off to recharge. Financial Wellness & Retirement: Support saving for retirement, financial education, and related benefits. Health Services: Medical advocacy, EAP services, Global Medical, Security and Travel Assistance, Workplace Ergonomics, and on-site health centers where available. Fitness: On-site fitness facilities in some offices; eligible employees may receive club membership reimbursements. Child Care & Family Care: On-site child care centers, support resources for expectant parents, adoption/surrogacy stipends, and related programs. Benefits at Goldman Sachs: Read more about the full suite of benefits offered.
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Associate, Corporate Planning & Management (CPM) – Spend Management pillar. Location: Dallas. Function: Procurement / Purchasing. Division: Corporate Planning & Management. Role Overview
CPM Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering to deliver business planning and analytics, expense management, third party risk management, and governance strategies. This role requires collaboration with different functions across the firm, the ability to work independently, and interaction with senior professionals. It involves in-depth analysis and reporting for senior management, and working closely with global counterparts. Excellent verbal and written communication skills are required. Responsibilities
Work collaboratively to deploy category management techniques to develop multi-year global strategies that support the firm’s commercial and operational objectives Partner with business and functional leadership to understand short-, medium-, and long-term third-party requirements including demand management Support procurement strategy creation and execution of key initiatives Identify and implement best practices in procurement, commercial and vendor management Drive supply-side initiatives to reduce or contain risk, and/or create commercial and revenue-generating opportunities Ensure appropriate contract structures/types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with terms and refinement of Agreements as required Manage compliance with and provide reporting on the firm’s commitments related to ESG Share knowledge, experiences and best practices within and across global Strategic Sourcing teams Support compliance with the Firmwide Third Party Risk and Control Framework and related programs Engage with Risk Partners across the organization to review control requirements and resolve Strategic Sourcing issues Role based in Dallas with potential for travel as required Qualifications
Minimum five years’ experience in Strategic Sourcing and Category management, particularly indirect spend with preference in corporate services sourcing (e.g., workplace-related services like hospitality, property management, document management) Strong technical, strategic and project management skills with a foundation in supply chain management, sourcing and procurement, vendor management, contracting or operational risk management Functional Expertise
– Understanding of strategic procurement, category management approach and procurement value proposition Strategic Mindset
– Ability to create category strategies and influence key stakeholders; articulate the Procurement value proposition with clear strategic thinking Technical Skills
– Strong technical skills, attention to detail, initiative to broaden knowledge, and analytical capabilities Drive and Motivation
– Manages multiple tasks, works at pace, seeks self-improvement, pursues challenging goals and persists through obstacles Client and Business Focus
– Strong stakeholder engagement, handles difficult requests, builds trust and long-term client relationships Teamwork
– Strong team player, collaborates across teams, encourages participation and acknowledges contributions Preferred Qualifications
Experience negotiating complex, high-profile contracts, including incentivized service level agreements Excellent client management and experience leading projects with multiple stakeholders Team player with collaboration across teams Strong communication, interpersonal and organizational skills Professional, credible approach within industry and with peers Strong executive-level communication and presentation skills Attention to detail with problem solving and analytical skills Strategic thinker with solid implementation ability Proficiency with Microsoft Office Experience with Sourcing procure-to-pay tools (Ariba, Fieldglass, PMweb) Benefits
Healthcare & Medical Insurance: We offer a range of health and welfare programs varying by office location, including medical, dental, disability, life, travel and accident coverage. We offer competitive vacation policies based on employee level and location, encouraging time off to recharge. Financial Wellness & Retirement: Support saving for retirement, financial education, and related benefits. Health Services: Medical advocacy, EAP services, Global Medical, Security and Travel Assistance, Workplace Ergonomics, and on-site health centers where available. Fitness: On-site fitness facilities in some offices; eligible employees may receive club membership reimbursements. Child Care & Family Care: On-site child care centers, support resources for expectant parents, adoption/surrogacy stipends, and related programs. Benefits at Goldman Sachs: Read more about the full suite of benefits offered.
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