VP Strategic Sourcing - Legal Procurement
@ Blackstone

Miami, FL
$205,000
On Site
Full Time
Posted 1 day ago

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Job Details

About Blackstone

Blackstone is the world’s largest alternative asset manager with $1.1 trillion in assets. They create positive economic impact and long-term value for investors, portfolio companies, and communities worldwide.

About the Role: VP Strategic Sourcing - Legal Procurement

This role leads the sourcing strategy and procurement initiatives within the legal category. You will optimize legal spend, manage a supplier base, and enhance vendor relationships while driving value across the legal services portfolio.

Key Responsibilities

  • Strategic Leadership: Develop and implement sourcing strategies using market and partner analysis.
  • Negotiation: Lead negotiations to secure favorable vendor terms and compliance.
  • Spend Analysis: Analyze legal spending to identify cost savings and efficiency improvements.
  • Vendor & Contract Management: Build relationships and ensure compliance with legal standards.
  • Performance Metrics: Establish and monitor KPIs for sourcing effectiveness.
  • Cross-Functional Collaboration: Work with legal, compliance, finance, IT, and operations teams.
  • Market Research: Stay updated on industry trends and emerging legal technologies.
  • Risk Management: Identify and mitigate risks related to legal sourcing.

Qualifications

Over 10 years of experience in strategic sourcing, procurement, and vendor management with a focus on the legal category. Strong analytical, negotiation, and leadership skills are required along with a Bachelor’s degree (MBA preferred). Experience in large legal firms and deep industry knowledge is essential.

Additional assignments may be required as determined by Blackstone.

Key skills/competency

Strategic sourcing, Procurement, Legal category, Negotiation, Vendor management, Cost savings, KPI, Risk management, Market research, Cross-functional collaboration

How to Get Hired at Blackstone

🎯 Tips for Getting Hired

  • Research Blackstone's culture: Study mission, values, news, and testimonials.
  • Customize your resume: Highlight legal sourcing and procurement experience.
  • Emphasize negotiation skills: Detail successes with vendor contracts.
  • Prepare for behavioral questions: Reflect on leadership and collaboration examples.

📝 Interview Preparation Advice

Technical Preparation

Review sourcing strategy frameworks
Analyze legal spend trends
Study vendor management tools
Practice contract analysis techniques

Behavioral Questions

Demonstrate leadership strengths
Show real negotiation examples
Explain cross-functional collaboration
Describe risk mitigation strategies

Frequently Asked Questions