Procurement Trainee assisting in procurement operations and vendor communication. Gaining exposure to procurement workflows and best practices in a hybrid work environment.
EM
Hybrid Strategic Sourcing Manager – IT Software Licensing, Cloud, Professional Services
Posted 4 months ago
About the role
- Strategic Sourcing Manager managing IT software licensing, cloud/SaaS procurement, and vendor relationships in a flexible work environment. Leading sourcing strategies and negotiations for financial services industry.
Responsibilities
- Build and maintain strong relationships with internal stakeholders, providing professional, proactive sourcing support.
- Lead end-to-end competitive sourcing events (RFP/RFI/RFQ), including bid packages, vendor demos, analysis, and negotiations.
- Drive negotiations for IT software licensing, SaaS subscriptions, cloud services, and professional staffing engagements.
- Analyze pricing proposals, budget impact, and cost-saving opportunities to support informed decisions.
- Champion vendor management best practices, including vendor due diligence, compliance, and risk mitigation.
- Manage contract lifecycles: renewals, renegotiations, SOWs, NDAs, amendments, and data procurement agreements.
- Collaborate with affiliates in the U.S., Europe, and Canada to leverage global supplier agreements.
- Track and report savings, vendor risk insights, and project progress to leadership.
Requirements
- Bachelor’s degree in business, supply chain, finance, or related field
- 6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors.
- Proven success negotiating data procurement, software, and cloud technology contracts.
- Strong vendor management and supplier risk management expertise.
- Excellent negotiation, communication, and stakeholder management skills.
- Ability to manage multiple sourcing projects independently.
- Experience using procurement tools (P2P, e-auctions).
Benefits
- Medical, dental, vision and life insurance
- Retirement savings – 401(k) plan with generous company matching contributions (up to 6%)
- Financial advisory services, potential company discretionary contribution, and a broad investment lineup
- Tuition reimbursement up to $5,250/year
- Business-casual environment that includes the option to wear jeans
- Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
- Paid volunteer time — 16 hours per calendar year
- Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
- Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
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