Goldman Sachs · 1 day ago
Corporate Planning & Management, Global Procurement (Strategic Sourcing), Associate, Dallas
Goldman Sachs is a leading global investment banking, securities and investment management firm. The Corporate Planning & Management Division is seeking an Associate in Global Procurement to drive strategic value and optimize spend through data analytics and supplier negotiations, while collaborating with various stakeholders across the firm.
BankingFinanceFinancial ServicesVenture Capital
Responsibilities
Support development and execution of category strategies aligned with organizational objectives, leveraging market insights and AI-driven analytics to identify opportunities for cost savings, value creation, and risk mitigation
Conduct in-depth spend analysis and market research, utilizing AI tools to uncover patterns, forecast demand, and inform strategic sourcing decisions
Manage the full category lifecycle, including supplier selection, RFx processes, contract negotiation and partner with business owners on the implementation, and ongoing performance management
Incorporate total cost of ownership into negotiation strategies and drive continuous improvement within assigned categories
Support compliance to the Firmwide Third Party Risk and Control Framework and associated programs
Engage with Risk Partners across the organization (e.g., compliance, legal, technology), as needed to manage risks and drive resolution of Strategic Sourcing issues
Serve as a primary point of contact and strategic advisor for assigned business partners, translating business goals and risk appetite into effective sourcing strategies
Build and maintain strong, collaborative relationships with internal stakeholders across various departments (e.g., Finance, IT, Legal, Operations) to ensure cross-functional alignment and successful strategy execution
Facilitate cross-functional alignment and provide executive updates, gaining consensus among diverse stakeholders through clear and compelling communication
Influence decision-making and drive strategy alignment by presenting data-driven insights and recommendations to leadership
Demonstrate strong commercial acumen, understanding cost structures, licensing models, contract terms, and financial levers to drive value-based procurement decisions
Lead and support negotiations with suppliers to secure optimal pricing, terms, and innovation while preserving long-term strategic relationships
Analyse complex procurement challenges, synthesize data, evaluate trade-offs, and develop sound, objective recommendations that balance business needs, risk and commercials
Liaise with legal teams to draft and negotiate contract terms while ensuring appropriate contract structures, pricing models, vendor incentive models, service level agreements and performance indicators are applied consistently across vendors
Monitor market dynamics, including consumer preferences, industry trends, and regulatory changes, adjusting category strategies accordingly
Actively leverage AI to support understanding of spend, supplier performance, risk monitoring, and contract intelligence
Utilize AI-driven insights to optimize purchasing decisions, manage risks, and enhance supplier collaboration and innovation
Embrace and adapt to new AI tools and technologies that streamline procurement processes, from demand forecasting to automated contract analysis
Qualification
Required
Bachelors / Post Graduation
Minimum five years' experience in Strategic Sourcing and Category management, particularly in the indirect spend with a preference in corporate services sourcing
Experience of Sourcing procure to pay tools (Ariba, Fieldglass, PMweb)
Company
Goldman Sachs
Goldman Sachs is a multinational financial services firm providing securities, investment banking, and management services.
H1B Sponsorship
Goldman Sachs 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)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1954)
2024 (1685)
2023 (2060)
2022 (2326)
2021 (2258)
2020 (1572)
Funding
Current Stage
Public CompanyTotal Funding
$6B2025-04-23Post Ipo Debt· $6B
2012-06-05Post Ipo Equity
1999-05-14IPO
Leadership Team
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