Senior Manager, Procurement Job at Fin Capital (New York)

Senior Manager, Procurement

Fin Capital

Location:
United States , New York

Category:
Purchasing

Contract Type:
Not provided

Salary:

135000.00 - 150000.00 USD / Year

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Job Description:

Vestwell is seeking a Senior Manager, Procurement to join our Finance team. The Senior Manager of Procurement is responsible for leading and executing procurement activities to ensure the efficient, cost-effective, and compliant acquisition of goods and services. This role manages day-to-day purchasing operations, strategic sourcing initiatives, supplier selection, and contract negotiations, while enforcing procurement policies and internal controls. The Senior Manager partners closely with finance, legal, and operational stakeholders to ensure purchasing decisions align with budgetary guidelines, operational needs, and organizational standards. In addition to operational oversight, the Senior Manager of Procurement plays a critical role in improving procurement performance and supporting business objectives. This position analyzes spend data and market trends to identify cost-saving opportunities, manages supplier relationships to drive performance and mitigate risk, and leads continuous improvement initiatives across procurement processes. This is a senior individual contributor role suited for someone who thrives in execution-heavy environments, brings strong judgment to complex purchasing decisions, and is comfortable partnering closely with senior leaders.

Job Responsibility:

Own Vestwell’s day-to-day procurement function, serving as the central point of accountability for sourcing, purchasing, and vendor management
Lead sourcing and negotiation for software licenses, data providers, payment processors, consulting services and other providers
Partner closely with Legal, Compliance, Risk, Security, and Finance to ensure vendor engagements meet all company requirements
Oversee third-party due diligence, including SOC reports, security questionnaires, risk assessments, and ongoing vendor monitoring
Review, negotiate, and approve contracts
Ensure adherence to procurement policies, controls, and regulatory expectations
Track and manage SaaS spend, renewals, and usage to optimize costs and prevent overspend
Support budgeting and forecasting by monitoring vendor spend against approved budgets
Manage vendor onboarding and offboarding processes, including coordination with IT
Analyze spend data to identify cost savings, vendor consolidation opportunities, and efficiency improvements
Address vendor performance issues, service disruptions, and escalation management
Maintain accurate procurement and contract documentation to support audits and regulatory reviews
Identify and implement procurement tools or systems (e.g., contract management, spend analytics, intake workflows) to improve visibility and controls
Stay current on fintech market trends, vendor landscapes, and regulatory changes impacting third-party relationships
Provide procurement-related guidance and recommendations to stakeholders across the organization
Manage RFPs and vendor onboarding processes from intake through execution
Maintain accurate and organized procurement documentation, including contracts, pricing schedules, and vendor records
Support ad hoc procurement initiatives tied to new tools, vendors, or business priorities

Requirements:

7+ years of experience in procurement, strategic sourcing, or vendor management, ideally within fintech, SaaS, or a high-growth technology environment
Demonstrated success independently managing complex vendor negotiations and enterprise-level contracts
Strong financial acumen with experience analyzing spend, forecasting costs, and identifying savings opportunities
Experience partnering cross-functionally with Finance, Legal, IT, and senior business stakeholders
Exceptional organizational and communication skills, with the ability to balance multiple priorities and deadlines
Comfortable operating with a high degree of autonomy in a fast-paced, evolving environment

Nice to have:

Experience supporting procurement in regulated or compliance-driven environments
Familiarity with procurement systems, contract lifecycle management tools, or spend analytics platforms
Prior experience helping to formalize or scale procurement processes
Exposure to SOC, security, or vendor risk management workflows
Interest in mentoring or providing informal guidance to junior team members, without direct people management responsibility

What we offer:

Competitive health coverage
Generous vacation offering
Hybrid office policy
Great 401(k) plan
Eligible to participate in the Company Bonus Pool
Eligible to receive new hire equity in the Company

Additional Information:

Job Posted:
February 17, 2026

Employment Type:

Fulltime

Work Type:

Hybrid work

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