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Blackstone · 1 month ago

Global Head of Strategic Sourcing, SVP - Procurement

Miami, FL

Full-time

Onsite

Director/Executive

$200K/yr - $250K/yr

15+ years exp

Blackstone is the world’s largest alternative asset manager, and they are seeking a dynamic and experienced Senior Vice President, Global Head of Strategic Sourcing to lead their global sourcing team. This role is instrumental in optimizing managed spend, managing supplier relationships, and driving value across the global portfolio.

Financial Services

H1B Sponsor Likely

Responsibilities

Lead global sourcing team to develop and implement sourcing strategies across technology, non-technology and market data categories, balancing quality, performance, and costs. Ensure compliance with internal and external (global) regulations

Regularly review and evaluate sourcing procedures and processes, focusing on continuous improvement. Partner with the technology teams to identify and implement technology solutions that will improve productivity and efficiency. Work with legal teams to optimize contract templates

Lead negotiations with key suppliers, securing favorable terms and conditions, driving value, and ensuring compliance with legal and regulatory requirements

Establish, regularly monitor, and publish key performance indicators (KPIs) to evaluate the effectiveness of sourcing area and initiatives

Manage team of category managers and buyers, focusing on team performance and development, as well as talent identification and development

Develop and maintain strong, fair, and ethical partnerships with vendors. Ensure acceptance and adherence to Blackstone processes and procedures

Conduct regular supplier reviews to manage performance and effectiveness, creating action plans as needed

Meet and collaborate regularly with internal stakeholders to understand needs, upcoming projects, and obtain feedback on sourcing performance

Be an advocate for supplier variety

Stay informed about area and industry trends, market dynamics, and emerging technologies to identify innovative solutions including sourcing models

Qualification

Global sourcing experienceSourcing strategiesNegotiation skillsTeam managementFinancial sector experienceAnalytical skillsMS Office proficiencyCustomer service skillsLeadership skillsCommunication skillsProblem-solving skillsOrganizational skills

Required

15 + years of professional experience with at least 10 years of experience managing developing sourcing teams

Experience in financial sector is a plus

In depth knowledge of sourcing activities, processes, and procedures

Proven track record of successfully managing complex global sourcing projects and negotiations. Experience developing and conducting RFx, supplier analysis, and contracting

Strategic mindset with sound financial and business acumen, and well-defined decision-making skills

Dynamic team player, proactive, self-starter with outmost professional integrity and ethics

Strong analytical and problem-solving skills; think outside the box, interpret data and make data-driven decisions

Excellent organizational skills, detail-oriented, effectively multi-task and adapt to changing environments

Demonstrated leadership skills, with proven skills in building, motivating, and leading teams

Resilient, curious, and deals well with ambiguity

Excellent oral and written communication and interpersonal skills; maintains effective relationships internally and externally with strong customer service skills

Proficiency in MS Office suite and other relevant software (Coupa knowledge a plus)

Bachelor's degree in Supply Chain Management, Finance/Accounting, or Business Administration; an MBA would be a plus

Experience working in international and fast-paced environment

Experience managing distributed and virtual teams

Benefits

Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

Company

Blackstone

Glassdoor3.6

Blackstone is the world’s largest alternative asset manager.

Founded in 1985

New York, NY, US

1001-5000 employees

http://www.blackstone.com

H1B Sponsorship

Blackstone has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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Trends of Total Sponsorships

2025 (102)

2024 (52)

2023 (44)

2022 (11)