BXTI - VP - Sourcing and Operations
Blackstone (company site, opens in a new tab)10+ yrsBengaluruOn-siteDirect career pageEst. 40–60 LPA
Posted on 27 Sept
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Job description
Structured overview of role & requirements
About This Role
- Manage end-to-end commercial and operational responsibilities for a portfolio of market data and information service vendors, from initial demand through contract renewal.
- Negotiate vendor contracts including master data license agreements, subscription order forms, and statements of work, ensuring alignment with business usage and compliance requirements.
- Identify cost savings through data entitlements rationalization, oversee high-volume contract renewals, and provide portfolio-level reporting and renewal recommendations to senior stakeholders.
Minimum Requirements
- Bachelor’s degree in Finance, Accounting, or Business Administration; MBA preferred but not mandatory.
- 10+ years of experience in strategic sourcing, procurement, or vendor management, with proven success in negotiating complex agreements, preferably in market data or financial information services.
- Experience working with complex commercial and licensing terms for software and data vendors, including understanding of GDPR, DPAs, data privacy, and licensing obligations.
- Proficiency with electronic procurement tools (e.g., Coupa) and Microsoft Office suite; strong project management skills handling multiple concurrent workstreams.
Ideal Candidate Profile
- Experienced negotiator for large and sophisticated suppliers, able to lead complex vendor contract discussions independently, including sole-source providers.
- Adept at collaborating cross-functionally with investment teams, legal, compliance, and technology stakeholders to align sourcing with business needs and regulatory requirements.
- Skilled in managing high-volume contract cycles, driving savings initiatives, and influencing senior stakeholders without direct authority in a matrix environment.