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

San Antonio, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Financial Services, TechnologyIndustries

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)
Applicants must be authorized to work for any employer in the U.S. (no sponsorship)

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
Help design and implement enhanced vendor management protocols to standardize vendor governance across the company

Skills

Key technologies and capabilities for this role

Strategic SourcingIT ProcurementSoftware LicensingCloud NegotiationsSaaS ContractsRFPRFIRFQVendor ManagementContract NegotiationRisk MitigationStakeholder Management

Questions & Answers

Common questions about this position

What experience is required for the Strategic Sourcing Manager role?

A Bachelor’s degree in business, supply chain, finance, or related field is required, along with 6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors, plus proven success negotiating data procurement, software, and cloud technology contracts.

Is this a remote position, or are there office requirements?

The role offers a flexible work environment with potential for occasional in-office days for culture and collaboration weeks.

What is the company culture like at Empower?

Empower emphasizes a flexible work environment, fluid career paths, internal mobility, purpose, well-being, work-life balance, and creating a welcoming and inclusive environment with opportunities for volunteering.

What salary or compensation does this role offer?

This information is not specified in the job description.

What makes a strong candidate for this position?

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.

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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