Hybrid AVP, Global Head of Technology Sourcing

at Nasdaq

• Job title: AVP, Global Head of Technology Sourcing
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Philadelphia, United States

About the role

• Global Head of Technology Sourcing leading sourcing and expense management strategy at Nasdaq. Fostering innovation and value creation through analytics and stakeholder partnership.

Responsibilities

• Set Strategy & Drive Transformation
• Define and execute a multi‑year global strategy for technology sourcing and expense management that aligns with Nasdaq’s business objectives, growth plans, and technology roadmap.
• Proactively identify, design, and lead strategic initiatives that improve cost efficiency, supplier value, scalability, and governance across all major technology spend categories.
• Champion innovation in sourcing and expense management, including the use of AI, advanced analytics, and automation to enhance spend visibility, decision‑making, and value realization.
• Act as a trusted advisor to senior leaders across Technology, Finance, Legal, and the business, influencing decisions related to major investments, vendor strategy, and cost optimization.
• Develop and deliver clear, compelling executive‑level presentations that translate complex data into actionable insights, strategic options, and recommendations.
• Represent sourcing and expense strategy in senior leadership forums, steering committees, and investment discussions.
• Build, lead, and mentor a high‑performing global team responsible for technology sourcing, analytics, and expense management.
• Establish clear priorities, operating rhythms, and performance metrics that drive accountability, collaboration, and continuous improvement.
• Foster a culture of strategic thinking, innovation, and change leadership within the team.
• Oversee large‑scale sourcing initiatives, supplier negotiations, and commercial strategies across technology, market data, and related categories.
• Guide competitive bid processes and vendor evaluations, ensuring decisions are grounded in robust financial, risk, and value analysis.
• Strengthen supplier governance, performance management, and partnership models to maximize long‑term value.
• Lead change management efforts to embed new processes, tools, and ways of working across the enterprise.
• Partner with stakeholders to modernize Procure‑to‑Pay, Vendor Management, and Contract Lifecycle Management capabilities.
• Leverage data, insights, and AI‑driven tools to move the organization from reactive cost management to proactive, strategic value creation.

Requirements

• Bachelor’s degree, preferrably in Business, Finance, Supply Chain, Technology, or a related field
• 10–15+ years of progressive experience in strategic sourcing, technology procurement, expense management, or related leadership roles within large, complex organizations
• Demonstrated success creating and executing enterprise‑level strategies , not just supporting initiatives
• Strong experience leading, developing, and scaling high‑performing teams
• Proven ability to influence and present to senior and executive leadership , with exceptional communication and storytelling skills
• Deep understanding of technology spend, vendor ecosystems, and commercial models; market data or IT sourcing experience strongly preferred
• Strong analytical orientation, with experience leveraging advanced analytics, BI tools, and emerging AI‑enabled solutions to drive insights and outcomes
• Hands‑on experience with P2P, VMS, and CLM platforms (e.g., Coupa, SAP Fieldglass, Ariba), and leading process or system transformations
• Nice to Have Experience in capital markets, fintech, or highly regulated global environments
• Background in enterprise transformation, operating model design, or large‑scale change initiatives
• Exposure to AI‑driven procurement, sourcing optimization, or spend analytics solutions

Benefits

• 401(k) program with 6% employer match
• Employee Stock Purchase Program with 15% discount
• Student loan repayment program up to $10k
• Company paid life and disability plans
• Generous paid time off
• Comprehensive medical, dental and vision coverage
• Health spending account with employer contribution
• Paid flex days to support mental wellbeing
• Gym membership discounts
• Hybrid home/office schedule (for most positions)
• Paid parental leave
• Fertility benefits
• Paid bereavement leave
• Company gift matching program
• Employee resource groups
• Paid volunteer days
• Education Assistance Program
• Robust job skills training and Professional development opportunities