Procurement & Sourcing Operations Analyst

Vanguard Group; Malvern (Chester County); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

The Vanguard Group in Malvern, PA, is seeking a procurement professional to manage sourcing and supplier relationships with business teams. This role leads lower-to-moderate complexity engagements, coordinating bids, evaluating suppliers, and supporting contract reviews and renewals.

You will partner across Procurement, Legal, Risk, and vendors to move engagements forward, build strong relationships, and ensure data-quality procurement records.

Qualifications

• Three years of related work experience in procurement, sourcing, or vendor management.
• Experience coordinating sourcing transactions, supplier-selection processes, competitive bids, or comparable engagements.
• Strong ability to evaluate supplier capabilities, pricing, contracts, and data to support decisions.
• Demonstrated stakeholder management and relationship-building skills.

Responsibilities

• Lead lower-to-moderate complexity sourcing engagements based on business requirements and supplier capabilities.
• Coordinate RFI/RFP/RFQ processes and manage bidding activities.
• Evaluate suppliers using commercial terms, pricing, and contracts to support decisions.
• Develop pricing analyses and supplier comparisons to enable informed sourcing.
• Maintain accurate procurement and supplier information aligned with data-quality standards.

Skills

Analytical thinking

Problem-solving

Stakeholder management

Communication

Decision making

Education

Bachelor's degree or equivalent

Accounting or Finance degree (preferred)

Job description

Position Summary

This role manages sourcing and procurement activities that help business teams select suppliers, evaluate commercial options, and establish effective vendor relationships. The position leads lower-to-moderate complexity sourcing engagements, including competitive bidding, supplier analysis, pricing evaluation, contracting coordination, and stakeholder management. You will partner across business teams, Sourcing, Legal, Risk, and suppliers to move engagements forward and support sound commercial decisions.

Key Responsibilities

Lead lower-to-moderate complexity sourcing engagements based on business requirements, supplier capabilities, cost, risk, and commercial considerations. Manage competitive sourcing and bidding activities, including requests for information, proposals, and quotes. Evaluate suppliers using commercial terms, pricing, capabilities, contracts, data, and relevant category knowledge. Develop and analyze pricing models and supplier comparisons to support informed sourcing decisions. Partner with business stakeholders to understand requirements and translate them into effective sourcing approaches. Coordinate engagements across business partners, Procurement, Legal, Risk, and suppliers. Manage sourcing activities through defined milestones, proactively resolving issues and escalating risks when appropriate. Support contract review, approval, renewal, and timeline management. Build productive supplier and internal stakeholder relationships through clear communication and expectation management. Identify viable supplier alternatives and opportunities to improve commercial or operational outcomes. Maintain accurate procurement and supplier information consistent with data-quality expectations.

Required Qualifications

Three years of related work experience. Undergraduate degree or equivalent combination of training and experience. Experience in procurement, sourcing, supplier management, vendor management, purchasing, contracting, or a closely related function. Experience coordinating sourcing transactions, supplier-selection processes, competitive bids, or comparable commercial engagements. Ability to evaluate supplier capabilities, commercial information, pricing, contracts, or related business data. Strong analytical and problem-solving skills with the ability to compare alternatives and support business decisions. Demonstrated stakeholder management and relationship-building skills.

Preferred Qualifications

Accounting or Finance degree. Experience with RFx processes such as RFPs, RFIs, or RFQs. Contract review, contract lifecycle management, or vendor-invoicing experience. Experience partnering with Legal and Risk functions during sourcing engagements. Category sourcing or category-management experience. Pricing analysis, cost modeling, or commercial analysis experience. Experience in financial services or another regulated environment.

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. Vanguard, one of the world's leading investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests.