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World’s largest alternative asset manager, building businesses across private equity, real estate, credit, hedge and infrastructure.
Lead legal spend sourcing, vendor management, and cost-saving initiatives for Blackstone.
8d ago
$185,000 - $225,000
Expert & Leadership (13+ years)
Full Time
Miami, FL
Office Full-Time
Company Size
4,895 Employees
Service Specialisms
Real Estate Investment
Private Equity
Hedge Fund Solutions
Credit
Infrastructure
Tactical Opportunities
Fund of Funds Solutions
Sector Specialisms
Energy
Infrastructure
Transport
Water
Waste
Buildings
Commercial
Residential
Role
What you would be doing
vendor management
spend analysis
negotiation
sourcing strategy
performance metrics
risk management
Vendor and Contract Management: Build and maintain strong relationships with legal service providers, review and ensure compliance with contractual terms (i.e. metrics, SLAs, etc) aligned with Blackstone’s quality and ethical standards.
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Spend Analysis: Conduct regular thorough analyses of legal spending patterns (total & by vendor) to identify opportunities for cost savings, efficiency improvements, and risk mitigation.
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Negotiation: Lead negotiations with legal vendors to secure favorable terms and conditions, driving value and ensuring compliance with legal and regulatory requirements.
Strategic Leadership: Develop and implement a comprehensive sourcing strategy for the legal category incorporating market and partner analysis, as well as pricing models.
Performance Metrics: Establish and regularly monitor key performance indicators (KPIs) to evaluate the effectiveness of sourcing initiatives and supplier performance.
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Cross-Functional Collaboration: Collaborate with internal stakeholders, including legal, compliance, finance, IT, and operations teams, to understand their needs and ensure alignment with sourcing strategies.
Market Research: Stay informed about industry trends, market dynamics, and emerging legal technologies to identify innovative solutions and include in sourcing models.
Risk Management: Identify and mitigate risks associated with legal sourcing, ensuring compliance with internal policies and external regulations.
Marketing Blackstone funds to new or existing clients;
What you bring
strategic sourcing
analytical
leadership
legal operations
mba
stakeholder management
10+ years of experience in strategic sourcing, procurement, and vendor management, with a focus on the legal category.
Strong analytical skills with the ability to interpret data and make data-driven decisions.
Demonstrated leadership capabilities, with experience managing and developing high-performing teams.
Proven track record of successfully managing complex sourcing projects and negotiations in the legal industry.
Experience working in large legal firm, ideally within legal operations, and knowledge of legal service delivery models, trends, as well as best practices.
Bachelor’s degree in Business, Finance, Law, or a related field; MBA or advanced degree preferred but not required.
Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
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