Senior Manager, Procurement

About the role

This position centers on establishing and refining a global procurement framework that adheres to SOX compliance standards. The work involves identifying key vendors, negotiating significant contracts, and ensuring that agreements support the company's business goals. A core part of the role is to manage the entire vendor lifecycle, from initial onboarding to ongoing performance and risk assessment.

The Senior Manager will collaborate with various internal teams to align procurement activities with broader organizational objectives. This includes tracking capital expenditure budgets to ensure investments provide optimal returns and delivering detailed spend intelligence to senior leadership. The role requires a focus on maintaining compliance with legal, regulatory, and security mandates within the financial services sector.

Success in this role means developing a procurement infrastructure that is both fiscally sound and scalable for a global operation. It involves effectively managing vendor relationships, securing favorable contract terms, and ensuring that all procurement processes meet stringent compliance requirements. The ideal candidate will drive efficiency and strategic value through their procurement leadership.

The annual salary for this role ranges from $130,000 to $230,000 USD.

Skills that matter here

• procurement: This role requires leading and optimizing a global procurement infrastructure, including sourcing, negotiations, and operations.
• strategic sourcing: The position involves identifying and evaluating strategic vendors and leading negotiations for significant global contracts.
• vendor negotiations: A primary responsibility is to lead negotiations for Tier 1 global contracts and manage vendor relationships effectively.
• governance: The role demands a strong understanding of governance to ensure compliance with legal and regulatory requirements, especially in financial services.
• data privacy: Understanding data privacy is crucial for ensuring compliance within the financial services context of procurement operations.
• compliance: This position ensures all procurement activities adhere to SOX, legal, regulatory, and security compliance standards.

Who this role suits

• A professional with at least eight years of experience in procurement or strategic sourcing.
• Someone who can effectively negotiate with vendors and manage complex contracts.
• An individual with a strong background in financial services compliance and regulatory requirements.
• A person capable of performing under pressure while maintaining a strategic focus on business objectives.

From the employer

• Lead and optimize a SOX-compliant global procurement infrastructure.
• Identify and evaluate strategic vendors and lead negotiations for Tier 1 global contracts.
• Partner with cross-functional teams to ensure contract terms align with business objectives.
• Track Capex budgets and ensure investments deliver maximum ROI.
• Manage vendor onboarding and lifecycle, ensuring due diligence and risk assessments.
• Deliver global spend intelligence to the Senior Management team.
• Ensure compliance with legal, regulatory, and security requirements.

• Minimum of 8+ years of experience in procurement or strategic sourcing.
• Bachelor's degree in Business, Supply Chain Management, Finance, or related fields.
• Experience in sourcing, vendor negotiations, and procurement operations.
• Strong understanding of governance, data privacy, and compliance in financial services.
• Excellent negotiation and vendor management skills.
• Ability to perform under pressure and maintain strategic focus.
• Excellent command of spoken and written English.