Procurement Specialist

Point72 Asset Management, L.P; New York, Northern (NY, KY); On-site; USD 120,000 - 200,000; Full time

Benefits offered by this job

Fully-paid health benefits

Parental and family leave

Wellness programs

Volunteer opportunities

Non-profit matching gifts

Employee resource groups

Tuition assistance

401(k) employer match

Job summary

Point72 Asset Management, L.P. in New York seeks a senior procurement lead for its Finance team. You will own technology procurement end-to-end, negotiating SaaS agreements and enterprise licenses to align with the firm's technology strategy and governance.

You will develop TCO analyses, benchmark pricing, and manage supplier relationships to drive cost savings while maintaining risk controls and data integrity across contracts.

Qualifications

• 5+ years of procurement or strategic sourcing experience focused on software, SaaS, or technology
• Bachelor's degree in business, finance, economics, law, supply chain management, or related analytical discipline
• Experience in financial services procurement or regulated environments and with procurement platforms
• Proven experience negotiating SaaS, software agreements, and enterprise licenses
• Strong contract review skills covering renewals, price escalators, IP, data-use rights, and audits
• Experience leading full competitive sourcing processes from scoping to award

Responsibilities

• Own end-to-end technology procurement for Point72, shaping high-value agreements
• Lead negotiations for SaaS, software subscriptions, and professional services contracts
• Identify key terms: renewals, price escalators, data rights, audits, SLAs
• Benchmark pricing and commercial structures to optimize costs
• Build total cost of ownership analyses and business cases
• Structure deals aligned with forecasted usage and business needs
• Manage contract lifecycle, renewals, amendments, and SOW oversight
• Monitor spend, supplier performance, market conditions, and renewal timelines

Skills

Procurement

Strategic sourcing

SaaS agreements

Contract negotiation

Cost optimization

Total cost of ownership

Vendor management

Data analysis

Education

Bachelor's degree in business, finance, economics, law, supply chain management, or related analytical discipline

Tools

Procurement platforms

Excel

ERP systems

Job description

A Career with Point72's Finance Team

The Finance team provides a broad range of timely, accurate, relevant, and objective financial information, advice, and services to its business partners, with commitment to the highest professional and ethical standards. Our team offers a dynamic and collaborative environment where our colleagues can learn at a fast pace and are rewarded with advanced opportunities both within Finance and across the firm.

What you'll do

• Own end-to-end technology procurement for Point72, shaping high-value agreements that support the firm's technology strategy
• Lead negotiations for SaaS agreements, enterprise software subscriptions, enterprise license agreements, and professional services contracts with major technology vendors
• Identify and redline key contract terms covering automatic renewals, price escalators, data portability, audit rights, service-level agreements, and service commitments
• Benchmark pricing and commercial structures to strengthen negotiation strategies, support vendor decisions, and identify cost optimization opportunities
• Build total cost of ownership analyses and business cases that help stakeholders evaluate trade-offs, risks, and long-term value
• Structure technology deals that align commitments with forecasted usage, business priorities, risk considerations, and future operating needs
• Manage the technology contract lifecycle, including execution, repository accuracy, renewal planning, amendments, and statement of work oversight
• Monitor technology spend, supplier performance, market conditions, and renewal timelines to identify savings, cost avoidance, and vendor optimization opportunities
• Partner with Legal, Technology, Finance, and other stakeholders to align procurement decisions with governance, regulatory requirements, and commercial risk management

What's required

• 5+ years of procurement or strategic sourcing experience, with the majority focused on software, SaaS, or technology categories
• Bachelor's degree in business, finance, economics, law, supply chain management, or a related analytical discipline
• Experience in financial services, investment management, or another regulated environment, procurement certifications, or procurement platform experience
• Proven experience independently negotiating SaaS and software agreements, including enterprise license agreements, subscription contracts, and professional services statements of work
• Strong contract review skills, including redlining commercial and legal provisions covering automatic renewals, price escalators, intellectual property, data-use rights, and audit clauses
• Experience leading full competitive sourcing processes, including scoping, supplier engagement, evaluation, selection, and award
• Deep understanding of SaaS commercial models, including per-seat, concurrent-user, consumption-based, outcome-based, and enterprise license structures
• Solid grounding in procurement principles, including category management, total cost of ownership analysis, benchmarking, cost modeling, and supplier performance management
• Strong analytical skills, including experience working with spend data, building Excel-based cost models, and presenting commercial analysis to senior stakeholders

We take care of our people

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

• Fully-paid health care benefits
• Generous parental and family leave policies
• Mental and physical wellness programs
• Volunteer opportunities
• Non-profit matching gift program
• Support for employee-led affinity groups representing women, minorities and the LGBT+ community
• Tuition assistance
• A 401(k) savings program with an employer match and more

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit https://point72.com/.

The annual base salary range for this role is $120,000-$200,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.