Procurement, Business Services Platform, Vice President (m|f|x) New York

With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies ​differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

The Role:

We are seeking an experienced and strategic procurement professional to join our team as a Vice President, Procurement. This role will support procurement value creation initiatives across our GP stakes partner manager firms and their portfolio companies. The ideal candidate will have expertise in cross-portfolio sourcing, procurement transformation, and cost optimization across a broad range of spend categories, with a strong preference for experience in private equity environments.

Tasks

• Cost-Savings Opportunity Assessments: Identify, evaluate, and implement cost-saving initiatives at both the GP and portfolio company levels.
• Procurement Transformation: Develop and execute strategies to enhance procurement efficiency, optimize vendor relationships, and drive best practices across firms.
• Spend Analysis & Review: Conduct in-depth spend assessments to identify opportunities for consolidation, demand management, improved pricing, and process improvements.
• Stakeholder Engagement: Conduct interviews and collaborate with GP-level and portfolio company executives to assess procurement needs and align on sourcing strategies.
• Portfolio Company Cross-Selling: Facilitate opportunities for B2B portfolio companies to sell products and solutions to sister portfolio companies, negotiate preferred pricing, terms and conditions to maximize mutual benefits and encourage program adoption.
• New Vendor Program Development: Identify, negotiate, and onboard vendors to support aggregated sourcing and group purchasing initiatives.
• Strategic Negotiations: Lead and support vendor negotiations to achieve best-in-class pricing, service levels, and contractual terms for GP managers and their portfolio companies.
• Advisory Role: Serve as a subject matter expert on procurement best practices, providing guidance on governance, category management, and sourcing strategies at both the GP and portfolio levels.
• Cross-Portfolio & Aggregated Sourcing: Develop and manage cross-portfolio sourcing initiatives that drive economies of scale across IT, professional services, insurance, raw and direct materials, and indirect spend.

Profile / Your qualification / Your personality

• 7+ years of procurement and strategic sourcing experience, with a focus on cross-portfolio and aggregated sourcing.
• Strong background in IT sourcing, professional services, insurance, raw and direct materials, and indirect spend.
• Experience working at or with private equity firms, GP stakes investors, or alternative asset managers is highly preferred.
• Strong negotiation skills and a track record of executing cost-saving initiatives across multiple business units.
• Proven ability to analyze spend data, identify opportunities, and implement procurement best practices at scale.
• Excellent relationship management and stakeholder engagement skills, with experience advising senior executives.
• Ability to work in a fast-paced, dynamic environment with a high degree of autonomy.
  Proficiency in procurement tools, spend analytics, and contract management systems is a plus.

That awaits you

It is expected that the base annual salary for this New York City- based position will be $185,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

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Contact

Location

399 Park Avenue, US-10022 New York