Vice President of Procurement

ROLE: Vice President, Procurement

REPORTS TO: Corporate Treasurer

THE ROLE

The VP, Procurement will serve as Sotheby's procurement subject matter expert, responsible for building and leading a scalable global procurement function. This role will establish procurement policies, governance, workflows, and best practices while driving commercial value through strategic sourcing, contract negotiations, and vendor management. Partnering closely with Finance, Legal, Information Security, Technology, Operations, and business leaders across the organization, the successful candidate will bring greater structure, efficiency, and compliance to procurement activities. This is an exceptional opportunity for a hands-on leader to elevate a global procurement function and create lasting value, drive strategic initiatives, and influence decision-making at the highest levels.

RESPONSIBILITIES

• Develop and lead Sotheby's global procurement strategy, operating model, governance framework, and best practices.
• Build and implement scalable procurement policies, approval workflows, contract management processes, and supplier governance standards.
• Create and manage a centralized intake process for procurement requests and contract reviews.
• Lead strategic sourcing initiatives, supplier evaluations, RFPs, and bid processes across multiple spend categories.
• Negotiate complex commercial agreements and supplier contracts to maximize value and mitigate risk.
• Partner with Legal, Finance, Technology, Information Security, Operations, and business leaders to streamline procurement activities and drive compliance.
• Identify opportunities to automate workflows, improve efficiency, and enhance procurement visibility across the organization.
• Monitor supplier performance, contract obligations, spend data, and procurement metrics, providing insights to senior leadership.
• Stay informed on market trends, pricing conditions, and supplier developments to support sourcing decisions and cost optimization.
• Drive adoption of procurement best practices through stakeholder engagement, education, and change management.

IDEAL EXPERIENCE & COMPETENCIES

• Bachelor’s degree in Finance, Engineering, Business Management, or similar field. MBA preferred.
• 10+ years of procurement, strategic sourcing, vendor management, or related commercial experience.
• Demonstrated success building, transforming, or enhancing procurement functions, processes, and governance frameworks.
• Deep expertise in contract negotiations, supplier management, and strategic sourcing methodologies.
• Proven ability to operate independently, establish priorities, and drive results with minimal oversight.
• Strong stakeholder management skills with the ability to influence and build credibility across all levels of an organization.
• Experience partnering with Legal, Finance, Technology, Information Security, and Operations teams on procurement initiatives.
• Process-oriented mindset with a track record of creating scalable workflows and operational efficiencies.
• Strong commercial, financial, and analytical acumen, with the ability to assess business risk and identify value creation opportunities.
• Excellent written, verbal, and presentation skills.
• Experience in luxury, technology, financial services, professional services, or other complex global organizations is a plus.

The proposed base salary for this position ranges from $190,000 - $220,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.