Tech & Product Strategic Sourcing Specialist

EngineersOfAI; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Stripe is seeking an early career Sourcing professional to focus on executing technology sourcing deals and SaaS license procurement. You will engage with technology partners with a users-first mindset, covering category planning, RFx execution, supplier evaluation, contract negotiations, and ongoing improvements across the full lifecycle of strategic sourcing and procurement.

You'll help ensure procurement aligns with Stripe’s operational principles and sustainable growth while maintaining

Qualifications

• Minimum 3 years in indirect sourcing, procurement, category management, or a related field.
• Proven negotiation skills with a track record of achieving significant cost savings.
• Strong analytical and problem-solving skills with the ability to manage and interpret complex data.
• Excellent communication and organizational skills, both written and verbal, with the ability to influence senior leaders.

Responsibilities

• Execute strategic sourcing plans for designated categories, including SaaS licenses.
• Lead supplier selection, assessment, and contract negotiations.
• Deliver cost savings and spend under management, with process improvements to achieve goals.
• Evaluate supplier base and identify opportunities for RFx and rationalization.
• Collaborate with Sourcing peers to develop enterprise-level procurement solutions.
• Assist in short- and long-range planning and budgeting to support business goals.

Skills

Strategic sourcing

Negotiation

Analytical thinking

Communication

Cross-functional partnering

Job description

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

Procurement is part of Stripe Finance and owns the full supplier lifecycle and buying journey. The team sources and evaluates new vendors, renews and negotiates contracts with existing suppliers, and leads third‑party risk management and compliance activities to ensure suppliers meet Stripe’s standards. Procurement also drafts, reviews, and approves supplier contract structures and terms, aligned with Stripe’s risk appetite and legal requirements.

What you’ll do

We are looking for an early career Sourcing professional to focus on executing technology sourcing deals and contributing to the category strategy to improve how we procure SaaS licenses at Stripe. You will work with business partners in the technology space at Stripe with a “users first” approach to ensure early and active participation across the full lifecycle of strategic sourcing and procurement, including: category planning, sourcing strategies, RFx execution, supplier evaluation and selection, contract negotiations and management, and continuous improvements. You will play a critical role in ensuring Stripe's procurement aligns with our operational principles by contributing to our sustainable growth while fostering strong, ethical supplier relationships. Experience with software negotiations is required.

Responsibilities

• Execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
• Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols for allocated deals
• Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
• Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
• Work closely with Sourcing peers to help develop enterprise-level procurement solutions and increase supplier management effectiveness
• Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals

Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

• A minimum of 3 years of experience in indirect sourcing, procurement, category management, or a related field
• Demonstrated ability to execute Strategic Sourcing activitiesProven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
• Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
• Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders
• Demonstrated experience successfully partnering with cross-functional stakeholders

Preferred qualifications

• Solution-oriented mindset with enthusiasm for establishing best practice
• Self-disciplined, diligent, proactive and detail oriented
• Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment
• Understanding or experience with e-procurment tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc