Procurement Sourcing & Contracting Manager
2 days ago• Malvern, PA
Vanguard is hiring a Procurement Sourcing & Contracting Manager to lead a team in managing third-party procurement and sourcing operations. This role plays a critical part in driving operational efficiency, guiding strategic sourcing efforts, and ensuring strong vendor partnerships that align with Vanguard's mission and business goals.
Responsibilities
- Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
- Oversees and manages all sourcing engagements with third party vendors up to $2 million dollars in spend to ensure consistent procurement of products and services at the best execution at the best price.
- Reviews and prioritizes all sourcing events, including RFx events up to $2 million, and determines appropriate sourcing path.
- Defines, communicates and implements a framework that supports effective and efficient execution of procurement policies/procedures and manages operational efficiency of department.
- Supports departmental process and technology initiatives. Partners with Category Managers to understand priorities and strategies. Trains to support these findings.
- Maintains an in-depth understanding of internal and industry knowledge by keeping current on industry and regulatory events.
- Maintains strong relationships with key senior stakeholders to ensure the best client experience.
- Participates in special projects and performs other duties as assigned.
Qualifications
- Minimum of five years related work experience, with at least three years procurement experience. Supervisory experience preferred.
- Undergraduate degree or equivalent combination of training and experience. Accounting or Finance degree preferred.
- Deep understanding of procurement sourcing and contracting processes
- Consistent track record as a strong and effective people leader
- Comfortable navigating and leading tough conversations with senior leadership
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
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Client-provided location(s): Malvern, PA
Job ID: Vanguard-171594
Employment Type: FULL_TIME
Posted: 2025-10-31T20:35:28
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Reimbursement Account
- Fitness Subsidies
- On-Site Gym
- HSA With Employer Contribution
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Mental Health Benefits
- Virtual Fitness Classes
- Pet Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Company Outings
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- Snacks
- Some Meals Provided
- On-Site Cafeteria
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Leave of Absence
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- 401(K) With Company Matching
- 401(K)
- Financial Counseling
- Profit Sharing
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Tuition Reimbursement
- Internship Program
- Lunch and Learns
- Leadership Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
Hear directly from employees about what it is like to work at Vanguard.