Strategic Sourcing Manager

PREQIN PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company in private market data and analytics is seeking a Vendor Manager to oversee vendor relationships and operational excellence in data management. The successful candidate will develop vendor sourcing strategies, collaborate across departments, and manage vendor compliance and performance to enhance data quality. Candidates should have substantial experience in finance or alternative assets and demonstrate strong negotiation and analytical skills.

Qualifications

• At least 5 years of relevant working experience in finance/alternative assets.
• Established communication skills with executives.
• Prior experience working as vendor manager/sourcing manager.

Responsibilities

• Evaluating sourcing procedures and improving vendor strategies.
• Negotiating contracts with key vendors.
• Creating frameworks for vendor data operations.

Skills

Negotiation

Vendor Management

Analytical Skills

Problem-Solving

Organizational Skills

Communication

Tools

Microsoft Office

Business Intelligence Systems

Job description

About Preqin

This role sits within our teams at Preqin, a part of BlackRock. Acquired by BlackRock in 2025, Preqin is a premier private markets data and analytics provider, complementing our existing Aladdin technology platform to deliver investment solutions for the whole portfolio.

Job overview

Data is core to Preqin’s industry offerings, and the data management team delivers accurate, timely and complete data enhancing the value of our award-winning offerings. The trust in our underlying content enables our clients to make key investment decisions.

Besides collecting content, the data management team collaborates extensively with our internal and external clients to improvise our offerings leveraging technology and subject matter expertise. The team understands the life cycle of data and establishes business intelligence reports seeking operational excellence.

The successful candidate will be part of Preqin’s data management team and take on a role primarily managing vendors, creating operational excellence, ensure deliverables and also to develop and implement improved strategic sourcing policies across regions.

The data management team is responsible for acquisition and collection of key public and private data that fuels Preqin’s online databases and products. The individual is responsible for creating framework for vendors contributing to Preqin’s data operations.

In this role you will:

• Evaluating sourcing procedures and presenting improvement sourcing and vendor strategies to senior management for approval
• Conducting market research, as well as creating cost estimates and forecasts
• Analyzing, calculating costs and developing cost reduction strategies
• Create scope of work & standardize framework for vendors
• Negotiating contracts with key vendors, including costs and terms of supply, service, and quality
• Collaborating with the finance, data management department to identify and pursue new vendor opportunities
• Driving selection decisions based on cost and scenario analysis, as well as market trends
• Manage stakeholders from different departments involved in Preqin's data quality
• Create mechanisms to ensure delivery of quality work from vendors
• Assessing the performance of vendors and ensuring vendor compliance with company standards
• Managing vendor billing and disbursements
• Hiring, training, and managing purchasing staff
• Creating business optimization opportunities leveraging existing BI tools, to perform analysis, putting together reports internally for senior management
• Identify areas of improvement on data vendor globally, create and further operational excellence for vendors
• Estimating risks and applying risk minimizing techniques, as well as negotiating contracts that comply with industry regulations
• Maintaining strategic sourcing relationships and developing strong partnerships

You are a good fit if:

• At least 5 years of relevant working experience in finance/alternative assets preferred
• Demonstrated communications skills with experience working with high level executives
• Knowledge of business intelligence systems is preferred
• Proficient in all Microsoft Office applications
• Strong negotiation, management, and decision-making skills
• Strong analytical, problem-solving, and organizational skills
• Prior experience working as vendor manager/ sourcing manager
• Ability to work with senior stakeholders to ensure delivery of expectation
• Experience in working across cultures and locations is preferred