AVP- Software Sourcing

Posted on Nov 15, 2018 by Moody's

New York, NY 10001
Accountancy
6 Nov 2018
Annual Salary
Full-Time
The AVP of Software Sourcing, Reporting to the SVP of Sourcing is responsible for developing, implementing and managing the enterprise-wide global strategic relationships with key software suppliers. This includes (i) mentoring the software sourcing team, i.e. being the expert individual contributor who provides guidance and training to more junior members of the team (ii) drafting, reviewing and negotiating master services/license/hosting agreements, order forms/schedules, subscription licenses, and service level agreements ( SLA), where applicable; (iii) interacting with Legal, Information Security, IT Infrastructure and lines of business (LOB) on contractual and other related matters; (iv) implementing procurement and sourcing policies (nationally and globally); and (v) managing the contractual relationships with our key software vendors.
  • Responsible for overall ownership of sourcing category charters & plans; first point of LOB escalation on complex contracts or issues that are challenging for junior team members.
  • Lead and mentor junior members of the team; design, champion, & execute process improvements responsive to the team's identified issues.
  • Manage and conduct contractual negotiations; interact directly with key vendors during contract negotiations without supervision, using judgment to escalate issues to management as necessary.
  • Regularly meet, present, and collaborate with senior management (SVP / MD level) both in PSG and the LOB; regularly communicate and occasionally present to C-level suite (CIO, CFO, CEO)
  • Through contractual negotiations, ensure adherence to Moody's risk management process (Security Risk Management, Insurance requirements, Compliance, Audit and other requirements).
  • Ensure internal clients understand and use/adhere to established procurement policies and procedures. Directly engage internal clients to drive compliance and if necessary escalate to management if policies and/or procedures are not being followed.
  • Design, develop, draft and enforce continually improving policies and/or procedures by working closely with Legal and other controlling functions
  • Lead cross-functional teams during contract negotiations.
  • Research and analyze market/trends to effectively manage the strategy for the category


The Procurement & Sourcing Group is responsible for Strategic Sourcing, IT Asset Management and Procurement Operations (which includes purchasing, contracts management and reporting). This position is located in NYC.

  • Minimum of a Bachelor's degree, preferred in Supply Chain, Finance, Accounting, Business Administration, Engineering, Computer Science, or related field;
  • Preferred: 7-10+ years of experience in strategic software sourcing with a Finance or technology firm
  • Strong MS Office skills including Excel and PowerPoint are essential
  • Exceptional problem solving and conceptual thinking abilities
  • Strong communication, interpersonal, and leadership abilities to work with C level management
  • Ability to work in a fast-paced, entrepreneurial environment
  • Ability to handle multiple complex concurrent projects
  • Clear understanding of legal terminology, Moody's company risk tolerances, and the ability to synthesize this knowledge into a final contractual document.
  • CPSM or other professional certification would be desirable


Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $4.2 billion in 2017, employs approximately 11,900 people worldwide and maintains a presence in 41 countries. Further information is available at .

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender, age, religion, national origin, citizen status, marital status, physical or mental disability, military or veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Moody's also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email .. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications.

For San Francisco positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the San Francisco Fair Chance Ordinance. For New York City positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the New York City Fair Chance Act. For all other applicants, qualified applicants with criminal histories will be considered for employment consistent with the requirements of applicable law.

Click here to view our full EEO policy statement. Click here for more information on your EEO rights under the law.

Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.

AVP- Software Sourcing

Reference: 570206119

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