VP IT Sourcing & Procurement — Strategic Contracts Leader

Coda Search│Staffing; Chicago (IL); On-site; USD 150,000 - 230,000; Full time

Job summary

Coda Search Staffing is assisting a premier Financial Technology/multi-strategy fund in Chicago to hire a VP Strategic Sourcing & Procurement. The role leads the IT procurement function, negotiates complex software/data contracts, and drives strategic supplier management to optimize costs and performance.

The candidate will collaborate across Finance, Legal, Compliance and Technology, implement best practices, and build a high-performing sourcing team to support firm growth in a dynamic

Qualifications

• Bachelor's degree required for this position.
• Minimum 8 years' experience in Procurement/Strategic Sourcing.
• Experience in the financial services sector preferred.
• Strong contract management and negotiations capabilities.
• Excellent analytical and problem-solving abilities.
• Data-driven decision maker with program management and organizational skills.
• Proven leadership, vision, and strategy setting with cross-functional collaboration.

Responsibilities

• Support implementation of quality standards and policies across teams.
• Lead end-to-end procurement for software and data providers.
• Negotiate large, complex IT contracts and seek savings opportunities.
• Collaborate with Finance, Legal, HR, Compliance and Tech to define procurement needs.
• Maintain procurement records in the firm ERP and drive cost-reduction projects.
• Lead a purchasing team to achieve function goals and align with firm strategy.
• Stay updated on industry best practices and procurement technology.

Skills

Procurement

Strategic Sourcing

Vendor Negotiation

IT Procurement

Cost Reduction

Stakeholder Management

Data Analysis

Contract Management

Leadership

ERP

Cross-functional Collaboration

Education

Bachelor's degree

Tools

ERP system

Excel

PowerPoint

Job description

Coda Search Staffing is assisting a premier Financial Technology/multi-strategy fund in Chicago to hire a VP Strategic Sourcing & Procurement. The role leads the IT procurement function, negotiates complex software/data contracts, and drives strategic supplier management to optimize costs and performance.

The candidate will collaborate across Finance, Legal, Compliance and Technology, implement best practices, and build a high-performing sourcing team to support firm growth in a dynamic