Job Description
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We’re seeking a future team member for the role of Business Sourcing Lead, to join our Enterprise Execution & Corporate Affairs (EE&CA) Team. This role will collaborate with the line of business senior leadership and key stakeholders, internal subject matter experts, and external third parties to execute the BNY Third-Party Governance (TPG) program key deliverables and strategic objectives. This is a hybrid role, located in New York and will report to the Chief Operating Officer (COO).
In this role, you’ll make an impact in the following ways:
- Business Sourcing Lead (TPG LOB lead) is responsible for the successful completion of all TPG deliverables, deadlines, and milestones across the EE&CA portfolio
- Responsible for steering the teams through contract processes to PO generation and vendor payment; helping oversee all contracting activity and execution. Serve as point person on all vendor and contract related activities, overseeing engagement from beginning to end
- Help report on contract spend, savings, identify efficiencies and consolidation opportunities
- Monitor and manage the onboarding and ongoing activities between BNY Engagement Managers and all Third Parties
- Build strong relationships with key stakeholders in the vendor management space and Enterprise Sourcing Office (ESO)
- Support and partner with COO and Business Management team on any identified projects, as necessary
To be successful in this role, we’re seeking the following:
- Individual should have at least 10+ years of experience in procurement, BSL/TPG, other business management and execution roles
- Entrepreneurial and self-directed – operate as an owner
- Creative problem solver finding ways to overcome limitations
- Detail oriented, self-motivated, proactive, organized, and diligent
- Thoughtful communicator who can express complex ideas in simple, practical terms
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits And Rewards
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $100,000 and $221,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
