Procurement & Sourcing Operations Analyst, Specialist

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
• Partner with legal and risk teams to support contract drafting, redlining, and governance requirements
• Collaborate with internal stakeholders (business, finance, IT, legal) 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
• Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation
• Participates in special projects and performs other duties as assigned
• 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

Additional Information

Position Summary The Sourcing Operations Analyst, Specialist 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 Specialist serves as a trusted advisor, leveraging market insights and supplier expertise to optimize procurement outcomes.

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