Senior Sourcing Manager, Technology

Charles Schwab; Westlake (TX); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

401(k) with company match

Employee stock purchase plan

Vacation and sabbatical after 5 years

Parental leave and family benefits

Tuition reimbursement

Health, dental, and vision insurance

Hybrid work model

Job summary

Charles Schwab in Westlake, TX offers a hybrid role for a Sr. Sourcing Manager, Technology to lead procurement projects across software, hardware, networks, and professional services.

You will negotiate Master Cloud Agreements, build supplier category plans, and drive value with strategic sourcing. The role requires 5+ years of technology procurement experience and strong collaboration with Finance, Legal, and Risk teams.

Qualifications

• 5+ years in technology procurement, category management, or vendor risk management and/or procurement.
• Experience negotiating Technology Master Agreements and deals over $10M.
• Strong research and analytical skills.
• Understanding of industry trends to develop business improvements.
• Ability to collaborate with cross-functional teams and support category management plans.
• Proven track record of building relationships with senior partners and stakeholders.
• Self-starter, able to manage multiple projects in a fast-paced environment.
• Strong negotiation skills and understanding of contract and risk requirements.
• Excellent verbal and written communication and proficiency in Excel.

Responsibilities

• Manage multiple technology vendor projects in a high-volume environment.
• Form negotiation plans with business stakeholders to maximize value and savings.
• Negotiate complex contracts, including Master Cloud Agreements.
• Build and manage supplier category plans.
• Provide recommendations on procurement issues, plans, reports, and metrics.
• Collaborate with Finance, Legal, Risk and other SMEs to ensure policy compliance.
• Monitor project progress and report status to procurement management.
• Work with Schwab internal teams to assess risks and dependencies.

Skills

Procurement

Vendor Management

Negotiation

Contract Law

Stakeholder Management

Project Management

Cross-Functional Collaboration

Analytical Skills

Excel

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