S&P GLOBAL

Head of Technology Sourcing Category Management

New York, NY Full time

About the Role:

Grade Level (for internal use):

14

About the Role: Head of Technology Sourcing Category Management

The Impact: The Sr. Director of Technology Sourcing Category Management will act as a key leader in advancing the value and impact derived by the S&P Global Sourcing organization across our technology spend, in collaboration with both technology and business leaders across the enterprise. The role involves developing and executing long-term sourcing strategies for technology categories such as hardware, software, SaaS, cloud and managed services. While managing key stakeholder relationships to optimize spend and mitigate risk. This leadership position requires strong skills in market analysis, cost management, contract negotiation strategy, and cross-functional collaboration to drive cost efficiency and align with strategic business objectives.

What's in it for you: Join our team and, as a key leader in our Sourcing organization, make significant contributions to the firm’s success through optimization of spend across S&P’s largest and most strategic technology vendors. While harnessing the power of technology, data, analytics and internal influence to drive strategic procurement decisions. If you're passionate about transforming large-scale technology spend into a strategic imperative, we'd love to hear from you.

Reporting Line:

  • Direct: Chief Procurement Officer (CPO) & Head of Source to Pay

  • Next Level Management: Chief Accounting Officer (CAO) & Head of Enterprise Business Services

Key Responsibilities:

  • Strategy Development: Create and execute multi-year category strategies for technology, including software, hardware, SaaS, cloud and managed services, to align with business priorities.

1. Lead creation of a rolling 5-year plan for pursuing savings and value-added opportunities in these categories.

2. Establish bold cost-take-out goals and drive cost-saving initiatives and continuous improvement projects.

3. Develop a multi-year sourcing projects plan to deliver cost savings, support innovation and ensure continuity of service. Be highly effective at aligning Sourcing timelines to Technology roadmaps to provide flexibility for change while ensuring continuity of service.

4. Stay abreast of Technology trends and supplier strategies to effectively support Technology and business partners, identify cost savings opportunities and drive innovation via new sourcing models and Technologies.

5. Be a leader in how S&P global implements and leverage Artificial Intelligence (AI) across the enterprise. To optimize commercial/client-side opportunities and internal efficiencies while mitigating associated risks.

  • Supplier Management: Lead supplier relationship management (SRM) for strategic suppliers, including performance reviews and risk mitigation.

1. Establish supplier segmentation and champion supplier relations beyond metrics with most strategic suppliers, driving innovation, quality, and risk reduction. Oversee proactive assessments of the market for risk and integrate insights into supplier relationship management strategies.

  • Negotiation: Collaborate with colleagues on complex and strategic negotiations with suppliers to secure favorable terms, manage contracts, drive cost savings, and optimize long-term overall value to the firm.

1. For key suppliers, help define negotiation strategies (in partnership with technology stakeholders and colleges in Sourcing) to securing optimal terms - including price, quality, and delivery term.

  • Stakeholder Management: Build and maintain strong relationships with internal stakeholders across departments like engineering, finance, and legal to understand their needs and gain buy-in for sourcing strategies.

  • Partnership Management: Act at the key liaison to the S&P Chief Client Office (CCO) in developing mutually beneficial holistic partnership relationships with our key technology vendors.

  • Risk Management: Monitor and mitigate supplier-related risks, such as financial stability, compliance, and cybersecurity.

  • Cost and Spend Analysis: Conduct detailed cost and spend analyses, perform market benchmarking, and identify opportunities for cost reduction and efficiency.

  • Procurement Process Leadership: Manage the end-to-end sourcing processes, including RFIs, RFPs, due diligence, and bid evaluation.

  • Compliance: Ensure all sourcing activities and contracts comply with company policies, procedures, and regulations.

  • Team Leadership: Lead, mentor, and develop a high-performing sourcing team.

Compensation/Benefits Information: (This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $148,257 to $259,889.25. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.

In addition to base compensation, this role is eligible for an annual incentive plan. This role is not eligible for additional compensation such as an annual incentive bonus or sales commission plan.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here.

What We’re Looking For:

Basic Required Qualifications:

  • Must be fluent English language speaker. Superior oral and written communication and presentation skills.

  • Bachelor's degree in business, Supply Chain Management, or a related field.

  • 10 Years + proven experience in a sourcing and procurement leadership role, preferably within the financial services sector and a blue-chip environment.

  • Demonstrable experience in building strategic partnerships both internally and externally with key stakeholders and vendors with deep knowledge of vendors and trends to inform category planning.

  • Prior management consulting or similar experience with proven record in: Procurement Operating Model and Process Design, delivering large-scale procurement transformations across various industries, Advised C-level management in their strategic blueprints - based on data analysis, experience, expertise, and an innovative approach.

  • Proven track record in challenging the "status quo," creating transparency, helping stakeholders and partners understand the implications of their costs, synthesizing & advising how to improve.

  • Must have experiencing using e-Sourcing tools (e.g. Ariba, Sirion Labs, Celonis etc.).

  • Proven success in developing and executing IT sourcing strategies across complex environments.

  • Deep expertise in software, SaaS, hardware, cloud and IT managed services sourcing, with strong negotiation and contract management skills.

  • Strong analytical skills with the ability to leverage procurement technologies and data to drive decisions.

  • Ability to build strong cross-functional relationships and influence senior stakeholders.

  • Experience with risk management and compliance frameworks within sourcing. 

  • Strong quantitative and qualitative analytical skills with the ability to translate data into actionable insights.

  • Detail-oriented mindset with a focus on accuracy and integrity.

  • Ability to work collaboratively in cross-functional teams and adapt to a fast-paced, dynamic environment.

Additional Preferred Qualifications:

  • M.B.A a plus.

  • Minimum 2 days per week or 9 days per month

  • Flexible on work schedule.

Return to Work:

Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.


Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:
 

Integrity, Discovery, Partnership


At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

  • Health & Wellness: Health care coverage designed for the mind and body.

  • Flexible Downtime: Generous time off helps keep you energized for your time on.

  • Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

  • Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

  • Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

  • Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.  Only electronic job submissions will be considered for employment.  

 

If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.  
 
US Candidates Only:  The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdfdescribes discrimination protections under federal law.  Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

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102 - Senior Management (EEO Job Group) (inactive), 10 - Officials or Managers (EEO-2 Job Categories-United States of America), FINANC102 - Senior Management (EEO Job Group)