Director of Procurement

About the role

FairSquare is seeking a Director of Procurement to lead the company's procurement function. This role involves building and owning the procurement function, designing and implementing workflows, establishing policies, and leading contract negotiations.

Responsibilities

• Build and Own the Procurement Function
• Design and implement an enterprise-wide procurement workflow covering business intake, cross-functional review, approval routing, vendor negotiation, and contract execution.
• Create scalable processes that can support growth across FairSquare's family of lending brands.
• Lead Contract Negotiation
• Serve as the primary negotiator for new vendor contracts and renewals across all business units and spend categories.
• Partner with business owners to understand commercial requirements and translate them into favorable contract terms.
• Manage contract lifecycle from initial engagement through execution, including coordination of redlines and approval sign-offs.
• Drive Cross-Functional Collaboration
• Own the intake and triage process for new procurement requests, ensuring appropriate stakeholder engagement from the outset.
• Coordinate with Legal/Contracts, Compliance, Information Security, and Finance throughout the review and approval process.
• Act as the connective tissue between business sponsors and functional reviewers to keep deals moving without sacrificing rigor.
• Manage Vendor Ecosystem
• Maintain a centralized view of the company's vendor portfolio, contract terms, renewal dates, and spend.
• Proactively identify renewal risks and opportunities, including cost optimization and renegotiation targets.
• Establish vendor performance expectations and support relationship management where procurement is the primary interface.

Requirements

• 8+ years of experience in procurement, strategic sourcing, or contract management, with demonstrated ownership of end-to-end processes.
• Proven track record negotiating complex vendor agreements across technology, services, and operational spend categories.
• Experience designing or significantly improving procurement workflows, ideally in a build or turnaround context.
• Strong understanding of contract structure, risk allocation, and the interplay between commercial and legal terms.
• Ability to navigate cross-functional review processes involving legal, compliance, and information security without losing momentum.
• Comfortable operating independently in a lean environment while managing multiple concurrent priorities.
• Bachelor's degree required; CPM, CPSM, or JD a plus.

Qualifications

• Financial services or similarly regulated industry experience is a plus.

Skills

• Strategic thinking and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and manage multiple tasks simultaneously.
• Strong attention to detail and organizational skills.

Benefits

• Full-time position with hybrid 3 days/week in office, 2 days/week remote.
• Competitive salary range of $150,000 - $190,000, eligible for additional incentives including bonus, 401(k) match, health and welfare benefits, and more.

Pay

• $150,000 - $190,000 annually

Schedule

• Hybrid 3 days/week in office, 2 days/week remote, Full time M-F

Company Culture

• Achieve a great work-life balance with flexible scheduling.
• Grow professionally and personally within a supportive and inclusive culture.
• Be part of a dynamic team that values collaboration and innovation.

Equal Opportunity Employer

FairSquare is an equal opportunity employer.