Robinhood
Senior Sourcing Manager
Chicago, IL; Menlo Park, CA; New York, NY. Posted a month ago
The role
You will own end-to-end sourcing and contracting for a portfolio of vendor categories. You will lead negotiations, perform market research, and partner with senior stakeholders to deliver savings and reduce risk.
What you will do
- Own and execute the sourcing and contracting strategy for an assigned portfolio of vendor categories
- Lead negotiations on complex vendor contracts
- Partner with Business Owners and senior stakeholders to maximize value
- Collaborate with Commercial Legal, Tax, Finance, and Risk partners
- Maintain a deep understanding of vendor markets and trends
- Use metrics and data to identify category clusters and develop sourcing strategies
- Embrace AI-powered automation to speed up work
- Optimize the third-party vendor and partner footprint
Required qualifications
- 8+ years of experience in strategic sourcing, vendor and third-party contracting, procurement consulting, procurement program management, or process reengineering, within Financial Services or FinTech
- Expert-level knowledge of contract negotiation dynamics, particularly within the Cloud Services, Software, and Digital Marketing categories
- Ability to independently own and deliver complex sourcing initiatives in a dynamic, fast-paced environment
- Fluency with using AI to speed up work
- Familiarity with data visualization and analysis tools
- Natural comfort level using data to drive decisions
- Experience incorporating risk and performance management into the sourcing and contracting process
- Excellent organizational, analytical, verbal, and written communication skills
- Proven ability to manage multiple projects, establish workflows, and meet deadlines independently
- Ability to work effectively across cross-functional teams including Legal, Risk, Finance, and business stakeholders
Benefits
- Performance driven compensation with multipliers for outsized impact
- Bonus programs
- Equity ownership
- 401(k) matching
- 100% paid health insurance for employees with 90% coverage for dependents
- Access to the Robinhood Employee Fund
- Access to the best AI tools on the market and continuous AI skill-building
- Lifestyle wallet for wellness, learning, and more
- Employer-paid life & disability insurance
- Fertility benefits
- Mental health benefits
- Company holidays, paid time off, sick time, and parental leave
About the company
Robinhood is a company aiming to democratize finance for all. The Procurement and Vendor Management Office is the central team for engaging and managing third-party vendors and partners.