Full-Time

VP – Head of Global Supply Management

Hybrid

Posted on 10/29/2024

Broadridge

Broadridge

10,001+ employees

Technology solutions for financial services industry

Fintech
Financial Services

Senior, Expert

Newark, NJ, USA

Hybrid role based in the New York Tri-State Area.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Data Analysis
Requirements
  • Bachelor's degree.
  • Minimum of 10+ years of experience in Supplier Management and Cyber, Technology, or Risk and Controls.
  • Demonstrated knowledge of regulatory requirements and industry standards related to third party management.
  • Proven in-depth experience in transforming and managing both third-party performance and risk Management.
  • Ability to define and execute an impactful vision and strategy that is adequately to varying company cultures.
  • Skilled with identifying clear and actionable goals, establishing priorities, and achieving measurable results.
  • Keen organization and work prioritization abilities.
  • Comfortable in a dynamic environment and willing to adjust priority as advised by leadership and business requirement.
  • Self-motivated individual that demonstrates initiative with proven flexibility, adaptability, and reliability.
  • Must have ability to be tactful yet assertive. Ability to educate and achieve consensus.
  • Highly organized and detail oriented with a structured/analytical approach to problem solving.
  • Must be comfortable with ambiguity and change in a fast-paced environment.
  • Excellent influencing, written and verbal communication skills with proven ability to work with senior management.
Responsibilities
  • Recommend and implement a major transformation effort in the areas of third-party supplier relationship and risk management, with a particular focus on enhanced governance and operating model between SSG and Broadridge’s businesses and key suppliers, skills upgrading, process efficiencies, and enhanced technology and infrastructure leverage – in line with best practices.
  • Build strong partnership with key stakeholders to influence and strategically promote and manage Vendor Performance Management’s and TPRM’s process.
  • Lead and own the day-to day-activities and socialization of new happenings within the team.
  • Manage and lead pipeline of projects, as well as complex supply management projects.
  • Establish, promote, and ensure enterprise-wide adherence to standardized and consistent processes and methodologies to managing third party supplier relationships.
  • Administer the monitoring and reporting of vendor metrics, and ensure adherence to internal policy and external regulatory requirements.
  • Lead analysis of data and industry trends to identify business and risk improvement opportunities that coincide with the business.
  • Gather stakeholder and subject-matter business requirements to ensure vendor development and risk management strategies/solutions meet business needs.
  • Provide thought leadership and best practices around data analysis of supplier performance, tiering, and risk profiles across major areas.
  • Create and review implementation and transition plans that support change management initiatives around supplier development and risk mitigation.
  • Lead large projects with support from the team, and independently serve as an intermediary between stakeholder and subject matter experts for high-risk vendors and other escalation issues.
  • Drive and lead remediation activities and document actions taken.

Broadridge Financial Solutions offers technology-driven services for the financial services industry, focusing on processing and managing large volumes of financial transactions. They provide data management, analytics, and essential communications, helping clients track investments and comply with regulations. Unlike competitors, Broadridge has visibility into 95% of ETF assets and 90% of long-term mutual fund assets, enhancing client engagement. The company's goal is to be a vital partner for financial institutions, equipping them with the tools and insights needed for effective investment management.

Company Stage

IPO

Total Funding

$3.1B

Headquarters

New York City, New York

Founded

1962

Simplify Jobs

Simplify's Take

What believers are saying

  • Broadridge's strategic acquisitions, such as CompSci and AdvisorTarget, enhance its capabilities in SEC filings and digital marketing, respectively, positioning it for continued growth.
  • The integration with Transaction Network Services for global futures and options platforms reduces operational risks and simplifies market data management for clients.
  • Broadridge's extensive client base and handling of significant ETF and mutual fund assets provide a stable revenue stream and growth opportunities.

What critics are saying

  • The departure of key executives, such as the CFO, could lead to strategic misalignments and operational disruptions.
  • The highly competitive fintech landscape requires continuous innovation, and failure to keep pace could erode Broadridge's market share.

What makes Broadridge unique

  • Broadridge handles over $10 trillion in daily trading volume, making it a critical player in the financial markets with unmatched transaction processing capabilities.
  • Their comprehensive suite of services, including data management, analytics, and essential communications, provides end-to-end solutions for financial firms, unlike competitors who may offer more fragmented services.
  • Broadridge's focus on regulatory compliance and ESG performance monitoring sets it apart in helping clients navigate complex regulatory environments.

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