Strategic Procurement Lead – Financial Services – Boston, MA
We are currently seeking a Strategic Procurement Lead for a top-tier financial services firm south of Boston, MA. This role reports directly to the Global Head of Professional Services Procurement and is responsible for managing the full sourcing and contract negotiation process across Professional Services, as well as leading the execution of Category Strategy plans. The ideal candidate will have 7+ years of experience in professional services sourcing and contract negotiations.
This is a 6-month contract position that will pay $70-74/hr (depending on experience) within a 40-hour work week.
Responsibilities:
Sourcing Leadership
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Manage the end-to-end sourcing process, from RFP through contract execution, including negotiations and contract reviews.
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Lead large, complex agreements, ensuring alignment on commercial terms, deliverables, and legal considerations.
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Coordinate input from Legal, Security, Privacy, and other SMEs during reviews.
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Oversee compliance with regulatory requirements and internal policies.
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Drive competitive bidding (RFx) to optimize cost, quality, and service.
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Promote use of preferred suppliers, standardized pricing, and approved buying channels.
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Deliver measurable impact through cost savings, cost avoidance, and value creation.
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Maintain high client satisfaction by ensuring timely, effective outcomes.
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Manage multiple concurrent deals and engagements while executing category strategy.
Category Leadership
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Develop and execute multi-year category strategies aligned with business and functional stakeholder needs.
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Conduct spend and supplier analyses to inform and update strategies.
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Build and maintain strong relationships with stakeholders at all levels.
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Identify and capture cost-saving opportunities through collaboration and data-driven insights.
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Lead cross-functional teams on major sourcing initiatives and transformation projects.
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Establish and manage preferred supplier programs, standardized pricing, discounts, and onboarding processes.
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Monitor compliance with category strategies, addressing process gaps and minimizing leakage.
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Support training and development of procurement team members.
Qualifications:
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Bachelor’s degree in a related field preferred.
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7–10+ years of strategic sourcing and contract negotiation experience within Professional Services, with expertise in at least one area (Consulting, HR, Marketing, or Legal).
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Proven ability to deliver measurable P&L savings and cost-avoidance initiatives.
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Strong commercial negotiation skills with experience managing complex contracts, terms, and pricing structures.
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Demonstrated success in developing and executing Professional Services category strategies.
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Skilled at building relationships and influencing stakeholders across functions, including challenging or senior audiences.
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Strong organizational skills; able to manage multiple priorities independently in a fast-paced environment.
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Knowledge of procurement best practices, including risk management, information security, and accounts payable processes.
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Resilient, adaptable, and detail-oriented with strong problem-solving skills.
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Excellent written and verbal communication abilities.
If you are interested in learning more about this opportunity, please send your resume to Lydia at [email protected].
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