[Remote] Strategic Sourcing Manager – IT Software Licensing, Cloud, and Professional Services at Empower

San Antonio, Texas, United States

Empower Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • 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)

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, 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

Skills

Empower

Personal finance management and credit building

About Empower

Empower.me provides personal finance management and credit building services through a subscription model. Users can sign up for a 14-day free trial, after which they pay $8 per month for access to various financial tools. These tools include customizable payment plans, budgeting features, and credit score monitoring. A key aspect of Empower.me is its focus on helping users build credit by reporting their payments to credit bureaus, which can enhance their credit history if payments are made on time. Additionally, Empower.me offers a Thrive line of credit, which involves a soft inquiry on the user's credit report, ensuring that their credit score remains unaffected during the application process. Unlike many competitors, Empower.me specifically targets individuals with no minimum credit score, aiming to improve their financial health and savings.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$96.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Generous equity package
Full healthcare benefits
Unlimited PTO
Technology expense reimbursement
Work from anywhere

Risks

Increased competition from fintech companies like Chime and Varo could impact market share.
Integration challenges from acquisitions may disrupt operations and delay strategic goals.
Regulatory scrutiny on credit services could increase compliance requirements and costs.

Differentiation

Empower offers a unique subscription-based model for financial management tools.
The company focuses on credit building by reporting payments to credit bureaus.
Empower's Thrive line of credit involves a soft inquiry, not affecting credit scores.

Upsides

Acquisition of Petal and Cashalo expands Empower's product offerings and customer base.
Increased demand for financial literacy tools among millennials and Gen Z benefits Empower.
Growing interest in alternative credit scoring aligns with Empower's mission for underserved consumers.

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