Strategic Sourcing Manager – IT Software Licensing, Cloud, and Professional Services

Empower; Greenwood Village (CO); On-site; USD 98,900 - 139,700; Full time

Benefits offered by this job

Medical, dental, vision, and life insurance

Retirement savings – 401(k) plan with matching contributions

Tuition reimbursement up to $5,250/year

Generous paid time off on hire plus holidays

Paid volunteer time

Job summary

A financial services company in Greenwood Village is seeking a Strategic Sourcing Manager for IT software licensing, cloud, and professional services procurement. The ideal candidate will have 6+ years of experience in negotiations and vendor management within the financial services industry. This full-time role offers a comprehensive benefits package and requires strong analytical and stakeholder management skills.

Qualifications

• 6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors.
• Proven success negotiating data procurement, software, and cloud technology contracts.
• Strong vendor management and supplier risk management expertise.

Responsibilities

• Build and maintain strong relationships with internal stakeholders, providing professional, proactive sourcing support.
• Lead end-to-end competitive sourcing events (RFP/RFI/RFQ), including bid packages, vendor demos, analysis, and negotiations.
• Drive negotiations for IT software licensing, SaaS subscriptions, and professional staffing engagements.

Skills

Negotiation

Vendor Management

Stakeholder Management

Analytical Skills

Procurement Tools Usage

Education

Bachelor’s degree in business, supply chain, finance, or related field

Certifications such as CPSM, CPM, or PMP

Advanced degree in business, law, or related field

Tools

P2P

E-auctions

Job description

Overview

Strategic Sourcing Manager – IT Software Licensing, Cloud, and Professional Services at Empower. This role focuses on technology and professional services procurement with an emphasis on IT software licensing, cloud/SaaS negotiations, and professional labor staffing agreements. The individual contributor will support internal stakeholders across the organization in developing sourcing strategies, negotiating contracts, mitigating vendor risk, and optimizing supplier relationships.

The ideal candidate has experience in the financial services industry, expertise in data procurement contracts, and a proven track record of negotiating with leading cloud/SaaS providers. The role also involves designing and implementing enhanced vendor management protocols in collaboration with global affiliates to standardize vendor governance across the company.

What You Will Do

• Build and maintain strong relationships with internal stakeholders, providing professional, proactive sourcing support.
• Lead end-to-end competitive sourcing events (RFP/RFI/RFQ), including bid packages, vendor demos, analysis, and negotiations.
• Drive negotiations for IT software licensing, SaaS subscriptions, cloud services, and professional staffing engagements.
• Analyze pricing proposals, budget impact, and cost-saving opportunities to support informed decisions.
• Champion vendor management best practices, including vendor due diligence, compliance, and risk mitigation.
• Manage contract lifecycles: renewals, renegotiations, SOWs, NDAs, amendments, and data procurement agreements.
• Collaborate with affiliates in the U.S., Europe, and Canada to leverage global supplier agreements.
• Track and report savings, vendor risk insights, and project progress to leadership.
• Occasional in-office collaboration weeks as needed.

What You Will Bring

• Bachelor’s degree in business, supply chain, finance, or related field
• 6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors
• Proven success negotiating data procurement, software, and cloud technology contracts
• Strong vendor management and supplier risk management expertise
• Excellent negotiation, communication, and stakeholder management skills
• Ability to manage multiple sourcing projects independently
• Experience using procurement tools (P2P, e-auctions)

What Will Set You Apart

• Background in financial services or other highly regulated industries
• Experience negotiating with major cloud/SaaS providers (AWS, Microsoft, Google, Salesforce, etc.)
• Familiarity with data governance, privacy, and compliance requirements
• Certifications such as CPSM, CPM, or PMP
• Advanced degree in business, law, or related field
• Demonstrated ability to standardize vendor governance processes

What We Offer You

• Medical, dental, vision, and life insurance
• Retirement savings – 401(k) plan with company matching contributions (up to 6%)
• Tution reimbursement up to $5,250/year
• Business-casual environment with jeans option
• Generous paid time off on hire plus holidays and floating days
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs including parental leave, disability, and FMLA
• BRGs to promote inclusion and collaboration

Base Salary Range

$98,900.00 - $139,700.00

The salary range is a typical base range; compensation may vary by location, experience, and other factors. Bonus or incentives may apply in addition to base salary where applicable.

Equal opportunity employer. Drug-free workplace. All qualified applicants will receive consideration for employment without regard to any protected status.

Job Details

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Purchasing and Supply Chain