The Strategic Sourcing Analyst is responsible for developing and executing sourcing strategies that deliver value, cost savings, and risk mitigation across assigned categories. This role partners with cross-functional stakeholders to lead competitive sourcing events, negotiate contracts, and drive supplier selection and contracting decisions aligned to business objectives. The Sourcing Analyst serves as a trusted advisor, leveraging market insights and supplier expertise to optimize procurement outcomes and support effective supplier and stakeholder engagement.

Responsibilities:

• Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement, and cross-functional evaluation processes
• Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization
• Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings and favorable business outcomes
• Support contract lifecycle activities, including contract drafting, redlining, execution, renewals, and amendments
• Partner with legal and risk teams to support contract drafting, redlining, and governance requirements
• Collaborate with internal stakeholders (business teams, finance, IT, legal, risk) to translate requirements into sourcing strategies and aligned outcomes
• Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends, and sourcing approaches
• Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making
• Conduct supplier, spend, and market analysis to identify sourcing opportunities and recommendations
• Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation
• Manage multiple sourcing initiatives simultaneously, ensuring timelines, deliverables, and stakeholder expectations are met
• Ensure sourcing and contracting activities comply with internal procurement policies, governance standards, and risk management requirements
• Participates in special projects and performs other duties as assigned

Qualifications:

• 5 years or more of experience in strategic sourcing, supplier management, procurement, contract management, or a related business function.
• Undergraduate degree or equivalent combination of training and experience.
• Experience supporting or leading competitive sourcing events (RFI, RFP, RFQ) and supplier evaluations.
• Experience reviewing, negotiating, or administering supplier contracts and commercial terms.
• Strong analytical and problem-solving skills with the ability to evaluate supplier proposals, pricing models, and business requirements.
• Effective verbal and written communication skills with the ability to influence and collaborate across multiple stakeholder groups.
• Demonstrated ability to build relationships, communicate effectively with stakeholders at multiple levels of the organization, and navigate cross-functional decision-making processes.
• Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
• Proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.

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.