▷ (Immediate Start) Corporate Planning & Management-bengaluru-associate-strategic Sourcing

Job Category Associate Strategic Sourcing Associate - On-site Solutions Bangalore Divisional OverviewThe 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 has 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 a 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 Role OverviewProfessionals 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 and should have excellent verbal and written communication skills Job Responsibilities xc2xb7 Work collaboratively to deploy category management techniques to develop multi-year global strategies which support the delivery of the firm s commercial and operational objectives xc2xb7 Partner with business and functional leadership to understand short medium and long-term third-party requirements including demand management xc2xb7 Support procurement strategy creation and execution of key initiatives xc2xb7 Identify and implement best practices in procurement commercial and vendor management xc2xb7 Drive supply-side initiatives to reduce or contain risk and or create commercial and revenue-generating opportunities xc2xb7 Ensure appropriate contract structures types pricing models vendor incentive models service level agreements performance indicators and cost models are applied consistently across vendors xc2xb7 Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized contractor conformance with the terms and conditions of the Agreements and refinement of Agreements as required xc2xb7 Manage compliance with and provide reporting on the firm s commitments in relation to ESG xc2xb7 Facilitate sharing knowledge experiences and best practices within and across the global Strategic Sourcing team xc2xb7 Support compliance with the Firmwide Third Party Risk and Control Framework and associated programs xc2xb7 Engage with Risk Partners across the organization e g compliance technology as needed to review control requirements and drive resolution of Strategic Sourcing issues Qualifications xc2xb7 Bachelor s Post Graduation degree with relevant professional qualifications considered favorably xc2xb7 Minimum 4 years of experience in Strategic Sourcing and Category Management particularly in indirect spend with a preference in corporate services sourcing including but not limited to workplace-related services such as hospitality travel property management and document management services xc2xb7 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 xc2xb7 Functional Expertise - Understanding of strategic procurement category management approach and procurement value propositionxc2xb7 Strategic Mindset - Needs to be able to effectively create category strategies with the ability to influence and guide key stakeholders with sourcing decisions ABOUT GOLDMAN SACHSAt 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 xc2xa9 The Goldman Sachs Group Inc 2025 All rights reserved Goldman Sachs is an equal employment affirmative action employer