Director of Procurement - Indirect Sourcing

What You'll Do

• Own Indirect Procurement RFP initiatives from initiation through competitive bid negotiation, redlining, and contract execution.
• Partner with stakeholders across HR, IT, Financial Market Data, Marketing, Operations, Wealth Planning, and Trading to translate business needs into sourcing strategies.
• Work closely with Legal to negotiate directly with vendor counsel and sales counterparts, particularly on software, SaaS, and hosting agreements.
• Build flexible, measurable fee models that support cost containment, including price escalation caps and tiered pricing structures.
• Use analytics to track spend, supplier performance (SLAs), and realized savings, presenting findings to senior leadership.
• Lead efforts to consolidate and streamline the supplier base, ensuring procurement operations align with financial plans and corporate policy.
• Audit category-specific inventories with business owners to confirm requirements, licensing, and cost controls.
• Collaborate with Accounts Payable to ensure purchase orders and contracts are properly matched with invoices for accurate, timely payment.

Required Qualifications

• 10+ years of procurement experience in indirect sourcing at an established organization
• Extensive technology procurement experience, ideally within a technology-dependent business
• Expert-level command of contract, legal, and commercial terms, with hands-on experience redlining and negotiating software, SaaS, and hosting agreements
• Proficiency with P2P systems (for example, Oracle NetSuite) and intermediate skills in Excel and PowerPoint

Preferred Qualifications

• Bachelor's degree
• Master's degree
• Procurement certification (CPM, CTPE, CPP, SPSM, or CIPS)

Compensation And Benefits

• $165,000 to $175,000 base salary
• Medical, dental, and vision insurance
• 401(k)
• Paid time off

Apply for this role by submitting your resume.