Full-Time
Vice President - Senior Strategic Sourcing Manager
Facilities Management
Posted on 8/9/2025
The Bank of New York Mellon
10,001+ employees
Global financial services with asset management
No salary listed
Pune, Maharashtra, India
In Person
 Operations & Logistics (1) |
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- Minimum 5 years of sourcing experience, with deep expertise in Corporate Services, Facilities, Human Resources and/or Professional Services.
- Proven ability to manage complex, end-to-end projects, including contract lifecycle management (RFX planning, drafting, negotiation, and execution).
- Experience in leading, reading, writing and negotiating contracts of varying complexities for Facilities, Corporate Services, Human Resources, Subscriptions, Professional Services, and other relevant contracts in the facilities and corporate services and general service categories.
- Strong knowledge of Third-Party Risk Management (TPRM), vendor management systems (VMS), and managed service provider (MSP) models.
- Familiarity with legal and regulatory frameworks relevant to contracts in the financial services industry.
- Demonstrated experience in vendor relationship management, service-level improvement, and governance/policy compliance.
- Strong analytical and problem-solving skills, with the ability to assess complex contractual issues and translate data insights into actionable recommendations.
- Proficiency with AI-driven tools and automation technologies to enhance workflows and reporting.
- Excellent communication, negotiation, and interpersonal skills, with the ability to influence stakeholders and collaborate across departments.
- High attention to detail, strong organizational skills, and the ability to manage multiple priorities in a fast-paced environment.
- Proactive, solution-oriented mindset with a passion for continuous improvement and innovation.
- Ability to work independently, lead cross-functional initiatives, and contribute to global strategy development.
- Good communication skills and fluency in English (spoken and written).
- Strong customer service orientation and ability to resolve escalations effectively.
- Leads, reads, writes and negotiates contracts of varying complexities for Human Resources, Facilities, Corporate Services, Subscriptions, Professional Services, and other relevant contracts in the facilities and corporate services and general service categories.
- Acts as the India and Poland regional sourcing point of contact for the Human Resources, Facilities and Corporate Services category.
- Coordinates and acts as an interface to support and manage escalations within the Human Resources, Facilities and Corporate Services Category in India and Poland.
- Has a deep understanding of supplier commercials, and other complex contractual terms and issues.
- Contributes to the achievement of business area objectives including annual savings targets, contract volume, data accuracy and customer buyer experience.
- Represents the Human Resources, Facilities and Corporate Services Sourcing team in stakeholder and business partner meetings.
- Prepares and runs complex vendor and related category/market analyses, pricing assessments, and total-cost modelling.
- Creates and manages RFx’s of varying sizes.
- Partners with Legal department to negotiate procurement contracts based upon end-user requirements.
- Communicates status to key business partners and stakeholders.
- Reviews and prioritizes deals within the pipeline.
- Drives commercial excellence and operational efficiency across a diverse supplier landscape.
- Acts as the India point of contact and serves as a global escalation point, ensuring seamless day-to-day service delivery and alignment with business priorities.
- Accountable for negotiating complex contracts, optimizing sourcing workflows through innovation and AI-driven solutions, and enhancing the internal client experience.
BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Town of East Hampton, New York
Founded
1784
Simplify's Take
What believers are saying
- Q1 2026 revenue surged 13% to $5.41B with 42% EPS growth to $2.24.
- Over 200 AI solutions deployed boost productivity on $4B tech budget.
- Digital custody expands to UAE and Singapore Gulf Bank for crypto clients.
What critics are saying
- Deposit normalization compresses net interest income 15-25% within 12-24 months.
- CET1 ratio at 11% limits buybacks as risk-weighted assets rise.
- AI ROI delays strand $400M-$800M annually, compressing margins 200-400bps.
What makes The Bank of New York Mellon unique
- BNY Mellon launched industry's first multi-asset digital custody platform in 2022.
- BNY integrates bitcoin, ether custody with $59T traditional assets as G-SIB.
- BNY partners Goldman Sachs for tokenized MMF ownership on blockchain since 2025.
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Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
The Bank of New York Mellon has acquired an additional 101,810 shares of Strategy for approximately $18.7 million, bringing its total holdings to one million shares valued at around $187.2 million at current market prices. The institution, which manages approximately $2.1 trillion in assets, joins a growing number of large organisations establishing significant positions in Strategy as a means of gaining Bitcoin exposure.
The Bank of New York Mellon is expected to report quarterly earnings of $1.93 per share, up 22.2% year-over-year, with revenues forecast at $5.15 billion, a 7.5% increase. The consensus EPS estimate has been revised down 0.5% over the past 30 days. Analysts project total interest-earning assets at $390.81 billion, compared to $354.69 billion last year. Book value per share is expected to reach $58.50, up from $52.82 previously. The Tier 1 capital ratio is forecast at 15.4%, versus 14.7% a year ago. Net interest revenue is projected at $1.32 billion, compared to $1.16 billion in the prior-year quarter. Nonperforming assets are expected to decline to $191.31 million from $213 million last year.
Bank of New York Mellon has partnered with Singapore Gulf Bank, adding the firm to its correspondent banking network and providing access to its Fixed Income Brokerage platform. The deal enables SGB's crypto-native clients to access 24/7 US dollar clearing, money market funds and Treasury bills, bridging digital assets with traditional fixed income. The partnership highlights BNY's growing role in tokenised finance infrastructure, following the bank's recent Digital Asset Summit appearance where its CEO outlined positioning around tokenisation and digital custody. However, analysts view the development as incremental rather than a major near-term catalyst. BNY's narrative projects $23.2 billion revenue and $6.4 billion earnings by 2029, requiring 5% annual revenue growth. Fair value estimates range from $118.67 to $133.83 per share.
Strategy has purchased approximately $330 million worth of Bitcoin between 1 April and 5 April, the company disclosed, even as it reported a $14.5 billion unrealised loss in the first quarter due to Bitcoin's price decline. Bank of New York Mellon has been designated by the US Department of the Treasury as a financial agent for the Trump Accounts programme for newborns. BNY Mellon has partnered with Robinhood, which will serve as brokerage and initial trustee for the accounts. US stocks climbed on Monday as oil prices dropped amid cautious optimism for de-escalation in Middle East hostilities. Iran and the US have reportedly received a Pakistan-prepared plan for ending attacks, according to Reuters.
The US Department of the Treasury has named BNY Mellon as the official financial agent for its Trump Accounts programme, with Robinhood joining as a key partner. BNY Mellon will manage initial accounts and help develop a dedicated mobile application for families to access funds. Robinhood will provide brokerage services and act as initial trustee for the accounts. The secure, white-label platform will remain under full government control whilst emphasising usability and security for first-time users. The initiative aims to expand access to structured savings and investment accounts for younger Americans as part of broader financial inclusion efforts. The Treasury will maintain strict oversight, including performance standards and regulatory compliance. Details on eligibility and funding mechanisms are still emerging.