Global Strategic Sourcing

Positions are available in NY & Edinburgh

Finance & Strategy (F&S) is BlackRock’s global finance partner, delivering timely, accurate and insight‑driven financial analysis to support effective decision‑making across the firm. The team provides strategic thought leadership and financial discipline to inform resource allocation and support sustainable business growth.

About the team

• Global Strategic Sourcing (GSS) is BlackRock’s global procurement and vendor strategy function, acting as a trusted advisor to business leaders to drive supplier selection, contract negotiation, and relationship management that unlock value, manage risk, and support the firm’s growth.​
• The team sits at the center of high‑impact, enterprise‑wide decisions, shaping supplier ecosystems, influencing markets and building long‑term commercial advantage.​
• This role offers hands‑on exposure to commercial strategy, data‑driven decision‑making, and cross‑functional leadership. You’ll balance rigorous analysis with strong communication, moving seamlessly between complex vendor contracts and spend analytics to identify patterns, risks, and opportunities. Success requires intellectual curiosity, attention to detail, professional polish, and a growth mindset; familiarity with data science, programming, or AI‑enabled sourcing tools is a plus as GSS continues to embed advanced analytics into its strategy.​

What will you do as an Analyst?

• Work across multiple categories (Technology, Marketing, HR, Design & Construction, Investment Advisory Services), gaining hands-on experience in the full sourcing lifecycle: market research, competitive bidding, contract negotiation, and supplier management​
• Analyze supplier markets, crunch numbers, and build models to drive smarter sourcing decisions ​
• Review and redline contracts with Legal and Risk teams ​
• Collaborate with global stakeholders to manage vendor relationships and support negotiations ​
• Build PowerPoint decks and present insights that influence real business outcomes ​
• Use CoPilot, Power BI and other tools and dashboards to inform your negotiation strategies and uncover savings opportunities​
• Develop a working knowledge of commercial law and contract structures​
• Learn to review, redline and negotiate supplier agreements that align with business objectives and mitigate risk​
• Partner collaboratively with colleagues across F&S and the broader organization to drive alignment and execution​
• Contribute to cross‑functional and ad hoc initiatives aligned with firm‑wide priorities and long‑term strategy​
• Enhance and automate research and project workflows to improve efficiency, accuracy and scalability​

What capabilities are we looking for?​

Analytics & Modeling

• Breaks down complex problems and develops structured, well‑documented analyses​
• Builds logical, traceable financial models with strong attention to detail​
• Uses data, modeling, and analytical tools to test hypotheses and generate insight​
• Demonstrates curiosity and aptitude for developing deeper modeling, data and analytical skills

Operational Effectiveness & Process Management

• Manages multiple deliverables under tight deadlines with strong organization and prioritization; with ability to manage process with simple tracking​
• Takes ownership of work, maintains high quality standards and seeks continuous improvement

Problem Solving

• Manages multiple priorities with precision in a fast-paced, global environment​
• Clarifies ambiguous questions and contributes to solution design​
• Connects financial outcomes to underlying business drivers and strategic goals​
• Translates analysis into practical implications for decisions and execution

Impactful Communications

• Communicates clearly and concisely in both written and verbal formats​
• Synthesizes complex analysis into clear takeaways for senior stakeholders​
• Partners effectively with diverse stakeholders and contributes positively to team culture

Asset Management and Market Acumen

• Understands the fundamentals of asset management, including clients, products and asset classes​
• Builds familiarity with key financial metrics such as AUM, revenue, fees and margins​
• Demonstrates interest in financial markets and the broader asset management industry

AI-Enabled Analysis & Technology Leverage

• Uses AI tools (e.g., Copilot and related platforms) to accelerate research, analysis, drafting, and synthesis​
• Builds effective prompts and workflows to generate first-pass analyses or materials that can be refined and validated​
• Integrates traditional analytical tools (Excel, visualization platforms, internal data systems) with AI-enabled workflows​
• Identifies opportunities to apply emerging AI capabilities and automation to improve analytical productivity and decision support​

Your learning & development will include:​

• Engagement and networking initiatives designed to foster our culture, support team members in all aspects of their well-being and create a positive employee experience​
• Ongoing education and talent development opportunities that emphasize the importance of effective leadership and help bridge the gap between designated tasks and broader team objectives​
• Continuous efforts to cultivate a culture of belonging and inclusion so all our employees can thrive, deliver their best work and achieve greater business outcomes​