Strategic Procurement Lead: Vendor Management & Savings

Coda Search│Staffing; Chicago (IL); On-site; USD 90,000 - 130,000; Full time

Job summary

Coda Search│Staffing is seeking an experienced Procurement Manager to lead the procurement and strategic sourcing function for a growing Financial Technology firm in Chicago. You will manage vendor relationships, drive end-to-end software and data provider procurement, and steer cost-reduction initiatives.

The role requires 6+ years in procurement, strong contract negotiation skills, and a data-driven approach.

Qualifications

• Bachelor’s degree required.
• Minimum 6 years in procurement.
• Experience in financial industry preferred.
• Strong contract management and negotiation skills.
• Excellent analytical and problem-solving abilities.
• Excel, Word, PowerPoint proficiency; familiar with ERP/Workday.

Responsibilities

• Support the implementation of quality standards and policies by collaborating across all operational teams and processes.
• Prepare, analyze, negotiate and finalize the end-to-end procurement process for all software and data providers.
• Perform direct negotiations and manage large and complex agreements.
• Find and deliver saving opportunities via stakeholder engagement and data analysis.
• Identify, evaluate, and select vendors based on quality, cost, and delivery capabilities, specifically within the financial services sector.
• Collaborate with internal stakeholders, including Finance, Legal, HR, Compliance, Technology and Operations teams, to understand procurement needs and specifications.
• Maintain accurate records of procurement activities, contracts, and vendor information within the firm ERP
• Accountable for purchasing financial performance initiate and lead cost reduction projects.
• Internal/External customer focus to address complex issues.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Influence or convince stakeholders to achieve outcomes.
• Lead Purchasing team to achieve the goals of the function and align with the organization’s goals.
• Establish & maintain relationships with key functional managers and their teams to ensure understanding of their needs and to facilitate the appropriate level of challenge.
• Stay updated on industry best practices, regulatory requirements, and advancements in procurement technology.
• Overseeing work progress and ensuring timely completion of technical development activities.
• Develop and review KPIs, interview and hire staff and oversee staff training and complete performance evaluations.

Skills

Leadership

Strategic thinking

Communication

Influencing

Collaboration

Talent development

Data-driven decisions

Education

Bachelor's degree

Tools

Excel

Word

PowerPoint

Workday ERP

Job description

Coda Search│Staffing is seeking an experienced Procurement Manager to lead the procurement and strategic sourcing function for a growing Financial Technology firm in Chicago. You will manage vendor relationships, drive end-to-end software and data provider procurement, and steer cost-reduction initiatives.

The role requires 6+ years in procurement, strong contract negotiation skills, and a data-driven approach.