Senior Manager, Procurement
KOHO Financial
This job is no longer accepting applications
See open jobs at KOHO Financial.See open jobs similar to "Senior Manager, Procurement" Drive Capital.About KOHO
About the Role
We are seeking a highly skilled Senior Manager, Procurement. This pivotal role will drive our procurement strategy, focusing on acquiring and managing procurement of all products and services, including SaaS solutions critical to our operations. The ideal candidate will have a strong legal background to navigate complex contracts and ensure compliance with regulatory standards, coupled with a deep understanding of business operations to inform practical solutions in contract negotiation and review. Additionally, experience or skills relevant to thriving in a tech or startup environment are essential.
What You'll Do
- Develop and optimize procurement processes to improve efficiency and cost-effectiveness.
- Support third-party risk management and due diligence review of vendors, including assisting in completing privacy impact assessments.
- Guide team members broadly at all levels to take action, adopt a different point of view on vendor- and contracts-related decisions
- Utilize a nuanced understanding of business operations to inform practical solutions or suggestions during contract negotiation and review processes.
- Lead negotiations with vendors to achieve favorable terms and conditions.
- Review and negotiate contracts, ensuring alignment with company policies and regulatory requirements. Perform supporting contracting tasks such as Non-Disclosure Agreements (NDA), Proof of Concept (PoC) agreements, Data Privacy and Security Exhibits, creation of Statements of Work (SOW), Renewals, Addendum and Amendments
- Manage vendor relationships, including performance evaluations, contract renewals, and issue resolution.
What You'll Bring
- Bachelor’s degree in Business Administration, Finance, Law, or a related field. Legal degree (JD) preferred.
- Proven experience (10+ years) in procurement, with a focus on acquiring a wide range of products and services in the financial services industry and/or fintech industry.
- Strong negotiation skills and ability to draft and review complex contracts.
- Deep understanding of legal implications in procurement and familiarity with regulatory frameworks (e.g., PIPEDA, OSFI B-10).
- Ability to apply business acumen to negotiate and review contracts effectively.
- Experience in a tech or startup environment, understanding the pace, agility, and adaptability required.
- Knowledge of third-party risk management and due diligence processes, including privacy impact assessments.
- Excellent communication and interpersonal skills, with the ability to build effective relationships with internal stakeholders and external vendors.
- Strategic thinker with a proactive approach to problem-solving and decision-making.
- Experience in the fintech industry or banking is a plus.
At KOHO, we are dedicated to providing pay transparency to all candidates. Compensation at KOHO is determined through various factors including but not limited to: comparable salary market data within Canada, technical skill assessment, a holistic view of previous work history, and internal pay equity with other KOHO team members.
What's In It For You?
This job is no longer accepting applications
See open jobs at KOHO Financial.See open jobs similar to "Senior Manager, Procurement" Drive Capital.