Who we are looking for

The VP of Software Sourcing is an important role within State Street’s Global Procurement Team and responsible for the preparation, analysis, negotiation and finalization of the end-to-end Procurement process for all software and cloud engagements. This sourcing manager will support/be a part of the global, regional and local category sourcing strategies working with our global IT vendors. This role will be senior individual contributor.

This role can be performed in hybrid model (3 days onsite, 2 days remote) in Krakow or Gdańsk, Poland.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need people like you to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Software Sourcing Manager, Vice President, you will:

• Perform direct negotiations and manage large and complex agreements

• Find and deliver saving opportunities via stakeholder engagement and data analysis

• Draft and negotiation Master License and Cloud agreements with support from Legal

• Negotiate IT security schedules with support from IT Security and Legal SMEsDevelop stakeholder relationships

• Develop vendor relationship with key Infrastructure, Cyber Security and other critical vendors where stakeholders are based in the Quincy office.

• Identify risks and opportunities related to achieving financial objectives; work with process partners to mitigate risks and realize opportunities

• Heavily contribute to P&L and Cost Avoidance savings for the team 

• Analyze data to identify opportunities to reduce existing cost base

• Coordinate, prepare and manage RFx/competitive bids to optimize cost and service

• Perform all duties in accordance with prescribed regulatory compliance guidelines

• Quickly learn the State Street end to end process, and work within the guidelines to gain saving and delivery results
   

What we value

These skills will help you succeed in this role

• A number of years (10+) strategic sourcing experience in IT related spend is a must with referenceable  knowledge in cloud software

• A strong understanding of all facets of global IT vendors

• Proven track record of delivering P&L saving projects

• Should have strong commercial skills and be able to deliver cost effective outcomes

• Top level negotiation skills with ability to influence cross-functionally

• Understanding of best in class procurement, risk, Information Security and payable processes

• Proven self-starter who can work independently and within a team while effectively juggling multiple priorities

• Strong strategic thinker and problem solver with attention to detail

• Personal resilience to work within an extremely fast-paced, ambiguous environment

• Established written and verbal communication skills

• Ability to manage challenging stakeholders diplomatically

• Good presentation skills and a keen eye for detail a must

Minimum Salary:​

The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​

Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​

In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.​

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We Offer:​

• Permanent contract from day one​

• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)​

• Gold Medical Package for employees and their families (partner and children)​

• Premium life insurance package and private pension plan​

• Wide range of soft skills training, technical workshops, language classes and development programs​

• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice​

• Variety of well-being programs​

• Additional benefits available depending on the seniority of the role

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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