The Role
Lead global procurement and vendor management, negotiate complex enterprise agreements (SaaS, Telecom, Market Data, CapEx/OpEx), drive vendor consolidation and M&A integration, enforce procurement governance and data protection, implement Coupa/NetSuite/Ironclad workflows, and partner with FP&A to deliver cost savings and compliance.
Summary Generated by Built In
We are seeking a strategic, results-driven Director of Procurement to lead our global procurement organization, vendor management lifecycle, and corporate governance frameworks. In this high-impact role, you will own company-wide indirect and direct procurement, vendor due diligence, third-party data protection, contract negotiations, and cost-optimization strategies.
You bring deep subject-matter expertise in negotiating complex enterprise agreements; specifically across SaaS, Telecom, Market Data, CapEx, and OpEx, while steering company-wide vendor consolidation and M&A integration initiatives. Acting as a key financial and risk steward, you will leverage modern procurement technology stacks (NetSuite, Coupa, Ironclad) to drive rigorous reporting, deliver measurable savings, and protect enterprise data.
Key Responsibilities
Strategic Sourcing & Category Management
- Drive high-value, complex contract negotiations and vendor selection for SaaS, Telecom, Market Data, Capital Expenditures (CapEx), and Operating Expenses (OpEx) to secure optimal commercial terms, pricing, and service-level agreements (SLAs).
- Develop and execute multi-year procurement roadmaps aligned with corporate growth, budget constraints, and operational objectives.
- Identify redundancies across the tech stack and vendor ecosystem; lead strategic rationalization and consolidation initiatives to minimize tail spend and maximize enterprise leverage.
Vendor Management & M&A Integration
- Oversee comprehensive risk assessment, financial stability checks, and compliance reviews for all third-party vendors and strategic partners.
- Play a pivotal leadership role in M&A due diligence, vendor audits, and post-merger integration of supply chains, contracts, and software systems.
- Establish robust KPI frameworks and regular review cadence with key suppliers to ensure accountability and high performance.
Contractor Lifecycle & Procurement Operations
- Standardize Statement of Work (SOW) creation, ensuring clear deliverables, milestones, Acceptance Criteria, and SLA enforcement across all departmental contractor engagements.
- Implement structured vendor onboarding, performance benchmarking, and offboarding protocols to manage contractor tenure limits and mitigate co-employment risk.
- Oversee the end-to-end Purchase Requisition (PR) to Purchase Order (PO) workflow for legal, IT, and specialized non-employee labor, establishing strict spend thresholds, approval matrices, and PO variance checks to eliminate rogue spending.
- Lead high-stakes commercial negotiations for contractor rate cards, volume discounts, master services agreements (MSAs), and SOW pricing models (time-and-materials vs. fixed fee).
- Audit contract renewal and extension pipelines 60–90 days prior to expiration to negotiate favorable terms, evaluate performance, or re-bid non-performing accounts.
Financial Lifecycle & FP&A Collaboration
- Partner closely with the Corporate Controller and FP&A team to ensure the complete financial lifecycle of all expenses is seamlessly captured, tracked, and reconciled from purchase requisition to general ledger posting.
- Collaborate on budget planning, rolling forecasts, and variance analysis, providing deep visibility into upcoming commitments, renewals, and milestone-based payments.
- Streamline the invoice-to-pay and accrual processes by aligning procurement milestones with accounting month-end closes and financial reporting requirements.
Compliance, Governance & Data Protection
- Design, implement, and enforce robust procurement governance policies that adhere to global regulatory requirements, industry standards, and internal corporate controls.
- Partner closely with Information Security, Legal, and Privacy teams to evaluate third-party risk, conducting rigorous security assessments for all vendors handling company or customer data.
- Ensure all vendor agreements strictly align with major data protection frameworks (such as GDPR, CCPA/CPRA, and SOC 2 Type II standards) regarding data collection, processing, storage, and cross-border transfer.
- Oversee the mandatory integration of robust Data Processing Agreements (DPAs) and strict data-destruction/offboarding clauses into every contract managed via Ironclad.
- Maintain comprehensive documentation and compliance checkpoints across all vendor contracts to ensure seamless internal and external audit readiness.
Systems, Analytics & Reporting
- Act as the internal champion and process owner for procurement platforms, utilizing Coupa (procure-to-pay), NetSuite (ERP), and Ironclad (contract lifecycle management) to streamline operations and ensure data integrity.
- Design, build, and present executive-level dashboards and reporting metrics tracking spend visibility, cost-avoidance, realized savings, and budget variance.
- Implement data-driven procurement methodologies to pinpoint cost-saving opportunities and forecast future cash flow needs accurately.
Skills, Knowledge and Expertise
Essential Skills & Experience
- Experience: Minimum of 8–10+ years of progressive procurement, strategic sourcing, and vendor management experience within high-growth tech, finance, or corporate environments.
- Negotiation Mastery: Demonstrated deep expertise in negotiating complex enterprise agreements for SaaS, global Telecom infrastructure, financial Market Data, CapEx, and OpEx.
- M&A & Consolidation: Proven track record of managing end-to-end M&A procurement integration and large-scale vendor consolidation projects.
- Tech Stack Proficiency: Advanced hands-on experience utilizing modern procurement and ERP platforms, specifically Coupa, NetSuite, and Ironclad.
- Governance & Privacy Knowledge: Strong understanding of third-party risk management, data security frameworks, and privacy regulations (GDPR, SOC 2 ,ISO).
Desirable Skills & Experience
- Education: Bachelor’s degree in Supply Chain Management, Finance, Business Administration, or a related field (MBA or Master’s degree is a plus).
- Certifications: Professional designations such as Certified Professional in Supply Management (CPSM) or Certified Information Privacy Professional (CIPP).
- ESG Integration: Experience implementing sustainable and ethical sourcing frameworks (ABAC, anti-modern slavery, and ESG criteria) throughout the supply chain.
- Executive Presence: Exceptional financial acumen, advanced contract law understanding, and a proven ability to influence C-suite stakeholders.
Benefits
Competitive Benefits & Perks We offer a comprehensive benefits package designed to support your well-being, growth, and work-life balance.
- Health & Financial Security:
- Medical, Dental, and Vision insurance
- Flexible Spending Accounts (FSA) & Health Savings Accounts (HSA)
- 401(k) retirement plan
- Pre-tax transit and parking benefits
- Time Off & Flexibility:
- Enjoy the best of both worlds: the energy and collaboration of in-person work, combined with the convenience and focus of remote days. This is a hybrid position requiring three days of in-office collaboration per week, with the flexibility to work remotely for the remaining two days. Our hybrid model is designed to balance individual flexibility with the benefits of in-person collaboration, enhanced team cohesion, spontaneous innovation, hands-on mentorship opportunities and strengthens our company culture.
- 22 days of Paid Time Off (PTO) per year, with the option to roll over unused days.
- One dedicated day per year for volunteering.
- Two professional development days per year to allow uninterrupted professional development.
- An additional PTO day added during milestone anniversary years.
- Robust paid holiday schedule with early dismissal.
- Generous parental leave for all parents (including adoptive parents).
- Work-Life Support & Resources:
- Budget for tech accessories, including monitors, headphones, keyboards, and other office equipment.
- Backup child and pet care, as well as tutoring services.
- Milestone anniversary bonuses.
- Wellness & Lifestyle Perks:
- Stipend and subsidy contributions toward personally-owned cell phones
- Contributions for gym memberships and health/wellness initiatives.
- Discounted healthcare premiums.
- Healthy meal delivery program subsidies.
Trading Technologies (www.tradingtechnologies.com) is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers, and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers “multi-X” solutions, with “X” representing asset classes, functions, workflows, and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange (FX), and cryptocurrencies, augmented by solutions for data and analytics, including transaction cost analysis (TCA); quantitative trading; compliance and trade surveillance; clearing and post-trade allocation; and infrastructure services. The award-winning TT platform ecosystem also helps exchanges deliver innovative solutions to their market participants and technology companies to distribute their complementary offerings to Trading Technologies’ clients.
Trading Technologies is backed by leading global investment firms Thoma Bravo, one of the world’s largest and most experienced software investors, and 7Ridge, a global growth equity firm focused on technology-enabled businesses.
This investment supports Trading Technologies’ continued focus on product innovation, platform scalability, and long-term growth for customers and partners worldwide.
Trading Technologies (TT) is an equal-opportunity employer. Equal employment has been, and continues to be, a required practice at the Company. Trading Technologies’ practice of equal employment opportunity is to recruit, hire, train, promote, and base all employment decisions on ability rather than race, color, religion, national origin, sex/gender orientation, age, disability, sexual orientation, genetic information, parental status, veteran, or any other protected status. Additionally, TT participates in the E-Verify Program for US offices.
About
Trading Technologies is a Software-as-a-Service (SaaS) technology platform provider to the global capital markets industry. The company’s award-winning TT® platform connects to the world’s major international exchanges and liquidity venues in listed derivatives alongside a growing number of asset classes, including fixed income and cryptocurrencies. The TT platform delivers advanced tools for trade execution and order management, market data solutions, analytics, trade surveillance, risk management, and infrastructure services to the world’s leading sell-side institutions, buy-side firms, and exchanges. The company’s blue-chip client base includes Tier 1 banks as well as brokers, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers, and risk managers. These firms rely on the TT ecosystem to manage their end-to-end trading operations. In addition, exchanges utilize TT’s technology to deliver innovative solutions to their market participants. TT also strategically partners with technology companies to make their complementary offerings available to Trading Technologies’ global client base through the TT ecosystem.
Skills Required
- 8-10+ years progressive procurement, strategic sourcing, and vendor management experience in high-growth tech, finance, or corporate environments.
- Demonstrated mastery negotiating complex enterprise agreements across SaaS, Telecom, Market Data, CapEx, and OpEx.
- Proven track record managing end-to-end M&A procurement integration and large-scale vendor consolidation projects.
- Advanced hands-on experience with procurement and ERP platforms: Coupa, NetSuite, and Ironclad.
- Strong understanding of third-party risk management, data security frameworks, and privacy regulations (GDPR, SOC 2, ISO).
- Experience designing and enforcing procurement governance, vendor due diligence, DPAs, and contract lifecycle management.
- Ability to build executive-level dashboards, reporting metrics, and data-driven procurement methodologies to realize savings.
- Partnering with Corporate Controller and FP&A on budget planning, accruals, and financial reconciliation of procurement spend.
- Bachelor's degree in Supply Chain Management, Finance, Business Administration, or related field.
- MBA or Master's degree.
- Certifications such as CPSM or CIPP.
- Experience implementing ESG, anti-modern slavery, and ethical sourcing frameworks across the supply chain.
- Executive presence with ability to influence C-suite stakeholders and lead cross-functional teams.
Trading Technologies Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Trading Technologies and has not been reviewed or approved by Trading Technologies.
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Healthcare Strength — Health coverage is described as competitive, with multiple plan options, discounted premiums, and wellness initiatives such as gym subsidies and healthy meal programs.
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Leave & Time Off Breadth — Paid time off is portrayed as generous, combining substantial PTO, paid holidays, flexible schedules, and added allowances like training days and volunteer time.
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Parental & Family Support — Family supports include generous parental leave for primary caregivers, backup care for children, adults, and pets, adoption assistance, and dedicated spaces for new mothers.
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The Company
What We Do
Trading Technologies creates professional trading software, infrastructure and data solutions for a wide variety of users. Be aware of fraudulent job postings: It has come to our attention that individuals pretending to represent Trading Technologies are posting fake job ads on LinkedIn and possibly other job boards. These individuals conduct candidate interviews via Skype and extend offers, likely with the intent to collect personal information such as banking information, social security number or date of birth. They use a Gmail email address that is not affiliated with Trading Technologies. Only emails using a tradingtechnologies.com or trade.tt email address are authentic. Although we use third party recruiting agencies on a case-by-case basis, all candidates speak with a staff member who has a valid company email address before any offers are extended or personal information collected. Our open positions are posted on BuiltIn and on the Careers page of our website.
Why Work With Us
Cited by Crain's and Built In Chicago as one of Chicago’s best places to work, Trading Technologies is a pioneering financial technology firm that constantly pushes boundaries in the trading industry. TT is a highly collaborative and culture-first organization that fosters an environment of creativity and camaraderie to achieve results.
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