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BlackRock

Vice President, Strategic Sourcing - Technology & Information Security

Posted Yesterday
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In-Office
New York, NY
130K-174K Annually
Senior level
In-Office
New York, NY
130K-174K Annually
Senior level

About this role

Business Unit Overview:

BlackRock Finance consists of finance professionals across several disciplines such as Financial Planning & Analysis, Treasury, Tax, Finance Controls, Global Strategic Sourcing (“GSS”), Finance Platform Support and Controllers. GSS is a global team, with team members primarily based in New York, Gurgaon, Edinburgh and Budapest. GSS aims to be an organization of trusted strategic sourcing advisors enabling BlackRock to achieve more value from its suppliers. The GSS team advises and supports business functions on all their supplier-related initiatives whether they involve supplier identification, evaluation, selection, negotiation, performance management or escalation management.   GSS seeks to minimize costs, deliver tangible cost reductions, furnish reliable analytical data and insights for improved decision making, and enable a socially responsible and diverse supplier base.

Background:

Operational excellence and robust information security are foundational to BlackRock’s long-term value. We are seeking a dynamic Vice President in Technology & Information Security Sourcing to join our GSS team, driving high-impact initiatives that reshape our global sourcing landscape and optimize third-party spend, with a particular focus on information security, cyber risk, and regulatory compliance. This professional, reporting to the Technology Category Lead, will support a $200M external spend optimization initiative, accelerating sourcing opportunities across information security, cybersecurity, and technology subcategories. The ideal candidate will combine deep category planning and analytics expertise with a strong command of information security frameworks, regulatory requirements, and supplier risk management.

 

This high-visibility role sits at the intersection of procurement, information security, finance, and business strategy. You’ll shape our supplier ecosystem, drive cost efficiency, and enable our operating model through supplier consolidation and strategic sourcing programs that prioritize security, resilience, and compliance.

 

Principal duties include:

  • Strategic Advisory: Serve as a strategic advisor to management on sourcing and procurement, with a focus on information security and cyber risk. Provide insights and recommendations to optimize the vendor portfolio, reduce risk, and achieve transformation objectives. Build and deliver executive-ready presentations using advanced analytics (Power BI, SQL, Tableau) to support sourcing decisions and business cases.  Contribute to enterprise-wide cost optimization programs by identifying and accelerating high-impact sourcing initiatives.

  • Sourcing Strategy Development: Conduct rigorous external spend analysis to uncover opportunities for cost optimization.  Design and execute comprehensive sourcing strategies to reduce cost, improve delivery resilience, and streamline vendor portfolios through competitive bidding, proofs-of-concepts, demand management, supplier consolidation, and process reengineering efforts that align with the company's overall business goals, ensuring cost-effectiveness, and quality. 

  • Cross-Functional Collaboration: Work closely with internal stakeholders--especially Information Security, Technology, Legal, and Compliance—to align sourcing strategies with enterprise cost targets and transformation goals.  Build and manage cross-functional cost optimization programs to drive accountability and transparency in sourcing decisions.

  • Supplier Relationship Management: Build and maintain strong relationships with key technology and security suppliers, negotiating and drafting favorable terms into contracts, ensuring the highest standards of quality and service.

  • Market Analysis: Conduct thorough market research and analysis to identify trends, risks, and opportunities within the supply chain, and prepare PowerPoint decks to support informed sourcing decision-making.

  • Risk Management: Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions.

  • Cost Management: Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance.

  • People Management: Recruit, coach, mentor, and indirectly manage junior staff as necessary.

 

 Experience required:

  • 8+ years in strategic sourcing, supply chain, or procurement, with significant experience in information security, cyber risk, or technology sourcing in a complex, global environment (ideally financial services, technology, or consulting)

  • Experience partnering with Information Security, Risk, and Compliance functions

  • Exceptional program and stakeholder management skills with a bias for execution

  • Strong command of procurement analytics and ability to translate data into actionable, risk-aware insights and persuasive narratives

  • Expertise 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

  • Financial modeling skills for negotiation scenarios, total cost of ownership, and demand forecasts

  • Depth in drafting, redlining, and negotiating global contracts, including experience drafting service level agreements (SLAs)

  • Solid understanding of contract law, information security frameworks, and regulatory obligations

Competencies:

  • Highly 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

  • Strong 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 presentation

  • Detail-oriented and organized, with a commitment to excellence and continuous improvement

  • Adaptable 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

  • Proficient MS Office skills, including experience using CoPilot and other AI software products

 

Education Requirements:

  • Bachelor’s Degree, with preferences for Accounting, Finance, Computer Science, Engineering, Economics, Data Science, Operations Research, Technology or Supply Chain Management, or related fields

  • Advanced degrees in Business, Information Security, Engineering, Law, or related areas are a plus

For New York, NY Only the salary range for this position is USD$130,000.00 - USD$173,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

Top Skills

MS Office
Power BI
SQL
Tableau
HQ

BlackRock New York, New York, USA Office

50 Hudson Yards, New York, NY, United States, 10001

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