Senior Sourcing Manager, Technology

Charles Schwab; Lone Tree (CO); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work model

401(k) with company match

Paid time off

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab’s Corporate Vendor Management (CVM) team is seeking a Sr. Sourcing Manager, Technology to lead procurement projects spanning negotiation, contracting, sourcing and category management.

You will consolidate opportunities, manage vendor relationships and drive value in a fast-paced environment. The role requires strong negotiation, contract acumen, and collaboration with Finance, Legal and Risk.

Qualifications

• 5+ years in technology procurement including hardware/software/telecom.
• Experience negotiating tech Master Agreements and deals > $10M.
• Strong research, analytics, and market insight.
• Ability to collaborate with cross-functional teams and manage risks.

Responsibilities

• Manage multiple tech vendor projects in a high-volume environment.
• Develop negotiation plans to maximize value and savings.
• Negotiate complex contracts such as Master Cloud Agreements.
• Build and manage supplier category plans.
• Provide procurement-related recommendations, reports, trainings, metrics.
• Assess risks and dependencies with internal stakeholders.
• Monitor project progress and report status to procurement mgmt.
• Coordinate with Finance, Legal, Risk to ensure policy compliance.

Skills

Procurement management

Negotiation

Contract law

Stakeholder management

Vendor management

Risk management

Excel

Cross-functional collaboration

Tools

Ariba

Zip

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

Corporate Vendor Management (CVM) at Charles Schwab & Co. is responsible for implementing a firm-wide, end-to-end vendor relationship management process to maximize vendor performance and value. CVM identifies, mitigates, monitors, and manages vendor risk; and assists Schwab in meeting regulatory and compliance requirements. The CVM organization also provides category management and demonstrates strategic sourcing capabilities in the Technology space (Software, Hardware, Networks, Telecom, and Professional Services).

What You’ll Do

The Sr. Sourcing Manager, Technology will play an important role within Corporate Vendor Management (CVM) managing various procurement projects that include the areas of negotiation, contracting, sourcing, and commodity management. This position will also analyze upcoming supplier opportunities for consolidation and co-termination of agreements. In this capacity this person will:

• Manage multiple projects and with technology vendors in high volume work environment.
• Work with business and stakeholders to formulate negotiation plans to maximize value and savings.
• Negotiate complicated contracts such as Master Cloud Agreements with suppliers.
• Build and manage supplier category plans.
• Provide recommendations on all procurement-related issues, plans, reports, trainings and metrics.
• Work with internal stakeholders to determine risks and dependencies.
• Monitor project progress regularly to report project status to procurement management.
• Work with Finance, Legal, Risk and other subject matter experts within Schwab to ensure that policies and procedures are followed.

Please note: this position is Monday - Friday during standard business hours with a hybrid work model (4 days in office, 1 day working from home). It is only available in Westlake (Dallas), TX and Lone Tree, CO. Candidate must reside in or be willing to relocate on their own to one of the listed locations.

Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

What you have

To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.

Required Qualifications

• 5+ years of experience in the procurement of Technology (Hardware, Software, Telecom and Networks) category management, strategic sourcing, consulting, vendor management, risk management and/or procurement
• Experience negotiating complicated Technology Master Agreements and negotiating deals over $10M
• Strong research and analytical skills
• Understanding of industry trends and market competitions to develop business improvement initiatives
• Ability to collaborate with cross-functional teams and support category management plans that maximize value and mitigate risks while ensuring internal stakeholders’ requirements are met
• Proven track record of building effective working relationships with senior level business partners and internal/ external stakeholders
• Self-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction
• Strong negotiation skills and understanding of contract law and risk requirements
• Flexible and adaptable in handling/implementing change and understands how that change will impact the team, internal business partners and vendors
• Ability to oversee multiple projects and work in a fast-paced environment with tight deadlines
• Ability to apply change management and consulting skills/knowledge and expertise
• Strong interpersonal, problem solving, conflict resolution, facilitation, and negotiation skills
• Excellent verbal and written communication skills
• Proficiency in Excel

Preferred Qualifications

• Experience with Ariba and or Zip is a plus

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance