The Goldman Sachs Group, Inc

Global Banking & Markets, Non-Financial Risk Vendor Management, Strategic Supplier Management, Vice President - Dallas

The Goldman Sachs Group, Inc$150K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Relevant bachelor's degree or equivalent qualification with strong academic performance.
  • 8+ years of experience in procurement, supply chain management, or supplier relationship management.
  • Strong background in managing high-value supplier relationships with a focus on strategic suppliers.
  • Proven success in delivering measurable value through cost savings and service improvements.
  • Experience with SRM software, e-procurement platforms, and data analytics tools.

Responsibilities

  • Build and maintain strong relationships with key suppliers and internal stakeholders.
  • Identify and accelerate value opportunities such as performance improvements and innovation.
  • Establish performance and risk metrics to ensure vendor reliability and accountability.
  • Provide regular reporting on supplier performance and risk to senior leadership.
  • Lead vendor meetings and facilitate collaboration to maximize supplier value.
  • Identify and implement operational efficiencies and process automation.
  • Stay informed about market trends and competitive landscapes to guide sourcing decisions.

Benefits

  • Opportunities to actively shape the vendor management function within a leading global bank.
  • Direct interaction with senior stakeholders and cross-functional collaboration.
  • Focus on innovation and sustainability in procurement practices.
  • Access to ongoing professional development and training opportunities.
Full Job Description
Job Description

GLOBAL BANKING & MARKETS

Role Overview:

This role sits within the Non-Financial Risk Vendor Management team which is a vendor center of excellence (CoE) within our division.

The team is at the forefront of transforming how the firm and revenue divisions manage the most critical supplier relationships. You'll have the opportunity to help shape the function while working directly with senior stakeholders across divisions to create long-term value, foster innovation, mitigate risks, and ensure strategic alignment with our key partners. In this role you will be the primary interface for these strategic relationships, ensuring that supplier performance delivers on expectations, and that the firm continuously leverages supplier capabilities for competitive advantage. The role involves cross-functional collaboration, in-depth analysis, and senior management reporting - requiring both diligence and a commercial mindset.

Job Responsibilities will include, but are not limited to:
  • Build and maintain strong and collaborative relationships across a portfolio of key strategic suppliers and internal business stakeholders, acting as the primary contact and escalation point.
  • Identify and accelerate in-contract value opportunities-performance improvement, innovation, risk reduction, and sustainability - while measuring contractual SLAs & KPIs.
  • Establish and regularly assess performance and risk metrics to ensure vendor reliability.
  • Provide regular reporting on strategic supplier performance, risks, and value creation initiatives to senior leadership and relevant stakeholders.
  • Lead vendor meetings and facilitate cross-functional collaboration to align objectives and resolve issues to maximize supplier value.
  • Identify potential areas to create operational efficiencies and automate manual processes.
  • Stay abreast of market trends, supplier capabilities, and competitive landscapes to inform strategic sourcing decisions and identify new opportunities with existing or potential strategic partners.
  • Issue Management: Support the identification, tracking, and resolution of identified risk issues, control deficiencies, and non-compliance events related to critical vendor services.


Required Skills:
  • Relationship Management: Proven ability to build trust, influence stakeholders, and foster collaborative partnerships at all levels - both internally and externally.
  • Project & Program Management: Experience managing multiple initiatives concurrently, driving projects to completion, and coordinating cross-functional teams effectively.
  • Analytical & Problem-Solving: Strong analytical skills with the ability to assess supplier performance, identify risks, evaluate commercial opportunities, and develop data-driven solutions.
  • Communication & Presentation: Excellent written and verbal communication skills, with the ability to present complex information clearly and persuasively to a variety of audiences
  • Strategic Thinking & Business Acumen: Ability to understand complex business needs, align supplier strategies with organizational goals, and identify opportunities for long-term value creation.


Qualifications and Experience:
  • Relevant bachelor's degree or equivalent qualification with an excellent academic record
  • 8+ years of relevant experience in procurement, supply chain management, or supplier relationship management roles, with a significant focus on strategic suppliers and Third Party Risk Management
  • Proven track record of managing complex, high-value supplier relationships and delivering measurable value (e.g., cost savings, innovation, risk reduction and service improvement)
  • Proficiency with SRM software, e-procurement platforms, and data analytics tools

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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