Corporate Planning & Management, Procurement / Purchasing, Associate - Dallas

The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm. CPM have 5 operating pillars.

Finance & Planning supports the execution of the firm's strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm's business plans and budgets. They develop consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achieve commercial financial opportunities. Product Finance is responsible for the overall governance and proactive management of the firm's non-compensation expenses. Spend Management encompasses the functions responsible for managing all aspects of the firm's spend with third parties - advising commercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations. Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses. The CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm's strategic objectives.

Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds. This role sits within the Spend Management pillar.

The role requires collaboration with different functions across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. It also entails in-depth analysis and reporting for senior management, requiring diligence and a commercial mindset. The candidate is required to work closely with global counterparts. Should have excellent verbal and written communication skills.

The Contract Lifecycle Management Associate will be responsible for representing the sourcing function in the Contract Lifecycle Management (CLM) implementation project and play a key role in the content migration effort. This role is also tasked with ensuring an effective transition from the implementation to the operational phase, and with developing and managing a process for centralized contract content governance and digitization.

The candidate should be a knowledgeable supply chain professional with expertise in sourcing and contracts. It is important for candidates to understand the relationship between various contractual constructs, such as MSAs, amendments, addenda, SOWs, etc., and have the ability to identify and comprehend key contractual provisions across various spend categories.

Job responsibilities will include, but are not limited to:

• Represent Sourcing through the CLM migration and assume ownership and oversight of the ongoing operational contract lifecycle process to standardize, provide visibility into contract performance, improve efficiency, and enhance user experience.
• Ensure the accuracy, integrity, and compliance of contracts processed, including conducting regular audits and quality checks to identify and rectify errors, inconsistencies, and deviations from established standards.
• Analyze and document existing vendor contract processes and identify areas for improvement within the CLM platform and process.
• Identify potential risks within contracts, develop mitigation strategies, and advise stakeholders on contractual risks.
• Utilizing contract management systems to generate reports on key contract metrics, identifying trends and areas for improvement.
• Develop and execute a comprehensive data migration strategy, own the governance for gathering, structuring & transitioning vendor contracts to the CLM platform, and link hierarchy across multiple contracts and amendments.
• Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors
• Facilitate sharing knowledge, experiences and best practice within and across global Strategic Sourcing team
• Engage with Risk Partners across the organization (e.g., compliance, technology), as needed, to review control requirements and drive resolution of issues
• Role based on-site in Dallas, TX, with potential for travel as required

Qualifications:

Bachelors Degree (Preferred Degree in business administration, Supply Chain, Law, or related field) or equivalent experience.

Minimum 3 years' experience in Strategic Souring and Contract management, particularity in the technology and software space, with a preference in corporate services sourcing.

Must have strong technical, strategic and project management skills as well as a strong foundation in supply chain management, sourcing and procurement, project management, vendor management legal and contracting or operational risk management.

Competencies:

• Functional Expertise - Understanding of strategic procurement, category management and working knowledge of contracts across various spend categories, including Technology and Professional Services, among others
• Strategic Mindset - Needs to have an ability to influence and guide key stakeholders and demonstrate clear strategic thinking / intent within work product
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
• Drive and Motivation - Successfully handles multiple tasks, operates at pace, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus - Strong stakeholder engagement skills. Effectively handles difficult requests, builds trust, long-term relationships with stakeholders, helping them identify/define needs and manage c expectations
• Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions

Preferred Qualifications:

• Proven experience working in a project environment within an FI or a company similar in scale to GS
• Experience in supporting User Acceptance Testing
• Experience of successfully managing CLM processes with complex, high-profile contracts, including incentivized service level agreements.
• Excellent stakeholder management skills and experience in leading projects involving a range of stakeholders.
• Track record of being a team player collaborating with others within and across teams
• Proven, strong communication, interpersonal and organizational skills
• Professional and measured approach that has creditability within industry and with peers
• Strong executive-level communication/presentation skills
• Impeccable attention to detail and excellent problem solving and analytical skills
• Strategic thinker with strong implementation ability
• Proficient with the suite of Microsoft Office software
• Experience of Sourcing procure to pay tools (Ariba, Fieldglass, PMweb)
• Experience with CLM tools is a plus