Transaction Banking, Vendor Management, Vice President

TRANSACTION BANKING

Our mission is simple: provide a global transaction banking platform that is nimble, secure, and easy for clients use.

We have delivered a modern, digital-first transaction banking platform to serve GS' varied client base. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up designed to solve some of the most complex operational needs in the industry. We aim to help our clients achieve Working Capital efficiency gains by optimizing their short term liquidity needs and simplifying their Cash Management operations.

We do so by delivering a best-in-class digital solution that helps clients manage their liquidity movements, foreign exchange and payments enabling international treasury operations and commerce.

We're a team of diverse Treasury and Payments specialists helping our clients solution and build for the future.

JOB SUMMARY AND RESPONSIBILITIES

Responsible for the strategic oversight and governance of the organization's key technology vendor relationships. This role manages the entire vendor engagement lifecycle-encompassing strategic sourcing, complex contract negotiation, financial optimization, risk mitigation, and performance evaluation. Operating at the intersection of Technology, Finance, and Legal, candidate ensures that external partnerships align with corporate standards, drive operational efficiency, and support the organization's technology roadmap.

Key Responsibilities

Contract & Lifecycle Management

• End-to-End Governance: Oversee the complete contract lifecycle for Information Technology vendors (including software, hardware, SaaS, Cloud, and professional services), from initial drafting and legal review to execution and renewal.
• Compliance & Alignment: Ensure all vendor agreements comply with corporate policies, legal standards, and regulatory requirements.
• Repository Management: Maintain a centralized, auditable repository of all contracts, amendments, and nondisclosure agreements to ensure organizational transparency.

Negotiation & Relationship Management

• Commercial Negotiations: Lead complex, high-value negotiations to secure competitive pricing, favorable commercial terms, and robust Service Level Agreements (SLAs).
• Executive Liaison: Serve as the primary point of contact for key technology partners, fostering collaborative, long-term relationships.
• Business Reviews: Conduct structured, periodic business reviews with strategic vendors to evaluate performance, discuss product roadmaps, and resolve escalated issues.

Technology & Portfolio Alignment

• Strategic Evaluation: Partner with IT leadership and business units to evaluate vendor capabilities, ensuring technology offerings align with the organization's infrastructure and security standards.
• Market Intelligence: Monitor industry trends, emerging technologies, and shifting licensing models to identify opportunities for portfolio optimization and cost efficiencies.

Risk Management & Compliance

• Risk Assessment: Implement and execute vendor risk assessment frameworks to identify and mitigate operational, financial, cybersecurity, and data privacy risks.
• Regulatory Adherence: Ensure all third-party partners adhere to corporate information security policies and industry-specific regulatory standards.
• Contingency Planning: Develop and maintain robust business continuity plans and exit strategies for critical, tier-1 vendor dependencies.

Performance Monitoring & Reporting

• Performance Metrics: Establish, track, and report on Key Performance Indicators (KPIs) and SLAs to ensure vendor accountability.
• Executive Reporting: Analyze vendor performance and spend data to deliver actionable insights, risk postures, and strategic recommendations to senior management.

Qualifications

• Education: Bachelor's degree in Business Administration, Supply Chain Management, Information Technology, Finance, or a related field.
• Experience: 8+ years of progressive experience in IT vendor management, technology procurement, contract management, or strategic sourcing (adjusted slightly from 10 years to capture highly qualified senior talent, though adaptable based on organizational requirements).
• Negotiation Expertise: Proven track record of leading complex, multi-million dollar negotiations with major technology publishers and service providers.
• Technical Acumen: Strong understanding of IT infrastructure, software licensing models, cloud services (SaaS/PaaS/IaaS), and IT service delivery frameworks.
• Legal & Risk Knowledge: Solid proficiency in contract law principles, third-party risk management (TPRM) frameworks, and data privacy regulations.
• Communication: Exceptional written and verbal communication skills, with a demonstrated ability to influence stakeholders and build consensus across cross-functional teams (Legal, Finance, Security, and IT).

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers .

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https:// www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2025. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.