Manager, Strategic Sourcing & Procurement

Posted Yesterday
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Ontario, CA, USA
In-Office
112K-140K Annually
Senior level
Marketing Tech • Software • Automation
The Role
Leads strategic sourcing, category management, supplier vetting, negotiations, contract renewals, procurement operations, vendor management, and third-party risk management. Oversees procure-to-pay processes, procurement technology, policies, compliance, supplier performance, and team development. Partners cross-functionally with Legal, Engineering, Accounting, IT, Information Security, and business leaders to optimize costs, manage risk, ensure governance, and improve purchasing outcomes.
Summary Generated by Built In

Shaping the Future of Lending

With 30 years of fintech leadership, Origence empowers credit unions with innovative SaaS lending solutions that make lending more accessible, efficient, and competitive. We invest in our people and foster a culture of innovation, ownership, and continuous improvement. As we help shape the future of lending, we're leveraging AI to enhance the way we work and create value for our clients, and we're seeking individuals who are excited by emerging technologies and eager to use them responsibly to solve problems and drive impact.

The Strategic Sourcing & Procurement Manager leads category management, strategic sourcing, supplier vetting, and negotiations, with a primary focus on direct product costs and software subscriptions. This role oversees vendor management, third-party risk, contract renewals, and procurement policies and procedures to ensure compliant, cost-effective purchasing aligned with organizational priorities.

The Origence Mindset

At Origence, we are self-aware, adaptable, and relentlessly focused on creating meaningful impact. We think like owners, embrace complexity and ambiguity, challenge conventional thinking, and continuously pursue smarter, more effective ways to solve problems and advance the business. If this mindset reflects who you are, you may be exactly who we're looking for.

How You'll Contribute:

Category Management, Strategic Sourcing, Supplier Vetting, Negotiations & Contract Renewals

  • Develop and execute category strategies with a primary focus on direct product costs and software subscriptions, using spend analysis, market intelligence, and demand forecasting to reduce total cost of ownership and improve supplier performance.

  • Lead end-to-end strategic sourcing events, including requirements gathering, RFI/RFP/RFQ development, bid evaluation, and supplier selection in partnership with business stakeholders.

  • Identify, qualify, and onboard new suppliers; conduct supplier vetting covering financial stability, operational capability, quality, compliance, and reputation.

  • Lead contract and pricing negotiations to secure favorable terms, service levels, and risk protections; drive savings and cost-avoidance targets.

  • Oversee tracking of software subscription and direct product contract renewals and notice dates using CLM alerts and reporting,and ensure renewal reviews begin well ahead of notice deadlines to evaluate usage, pricing, and alternatives before commitments are made.

  • Evaluate supplier diversification and consolidation opportunities to improve supply continuity and leverage.

Procurement Operations Oversight, Vendor Management & Third-Party Risk Management (TPRM)

  • Oversee the procure-to-pay process, including requisition, purchase order, receiving, and invoice approval workflows, ensuring proper controls and timely execution.

  • Direct the third-party risk management program in partnership with Enterprise Risk Management department, overseeing risk tiering, due diligence, periodic reassessments, and issue remediation for critical suppliers.

  • Review supplier risk indicators such as financial health, cybersecurity, regulatory, and concentration risk; escalate and track mitigation actions.

  • Review and report procurement metrics, savings, spend under management, and contract compliance to leadership.

  • Serve as business owner of procurement technology, including the contract lifecycle management (CLM) and/or vendor management systems; define and maintain workflows and approvals, prioritize enhancements, coordinate configuration and releases with IT and vendors, and ensure data accuracy and user adoption.

  • Supervise, coach, and develop direct team reports setting priorities, assigning work, and reviewing deliverables.

Cross-Functional Collaboration & Influence

  • Partner with Legal, Engineering, Accounting, IT, Information Security, and business leaders to understand sourcing needs, align on requirements, and prioritize supplier and procurement decisions.

  • Facilitate clear communication and resolve competing priorities between departments, and between internal stakeholders and suppliers.

  • Influence stakeholders and gain alignment on supplier selection, contract terms, policy requirements, and risk trade-offs, including where there is no direct reporting relationship.

Governance & Policy Ownership

  • Own, maintain, and periodically review procurement, sourcing, and vendor management policies and procedures, aligning them with internal controls and regulatory requirements.

  • Establish and enforce approval thresholds, competitive bidding requirements, conflict-of-interest standards, and segregation of duties.

  • Support internal and external audits and ensure documentation of sourcing decisions and contract files is complete.

  • Train and communicate policy requirements to business partners, and monitor compliance and exceptions.

What Makes You a Great Fit:

Education

  • Bachelor's degree (B.A. or B.S.) in Business, Supply Chain Management, Accounting, Finance, or a related field, or equivalent combination of education and experience

  • CPSM, CPM, or CPP certification preferred; third-party risk certification (e.g., CTPRP) a plus

Experience

  • Five or more years’ experience in strategic sourcing, procurement, or supply chain management

  • Experience leading RFP processes, supplier selection, and contract negotiations, particularly in direct product costs and software subscriptions

  • Working knowledge of accounting operations, procure-to-pay processes, and internal controls

  • Experience managing vendor risk and third-party risk programs, including due diligence and ongoing monitoring

  • Experience developing and maintaining procurement policies and procedures

  • Experience administering or implementing CLM, vendor management, or procurement systems, including workflow design and enhancements

  • Excellent communication and problem-solving skills

  • Experience within SaaS or credit union industry a plus

Your Strengths & Expertise

  • Expert knowledge of strategic sourcing, category management, and procurement principles and best practices

  • Strong negotiation skills with proven ability to secure favorable pricing, terms, and risk protections

  • Working knowledge of third-party risk management frameworks, supplier due diligence, and vendor management processes

  • Strong contract management skills and understanding of commercial terms and conditions

  • Strong analytical skills, including spend analysis, cost modeling, and total cost of ownership evaluation

  • Exceptional ability to present clear, concise, and accurate information to team members, peers, vendors, and management

  • Proven stakeholder management and influencing skills; extremely well organized and detail oriented

Bring your ideas, your curiosity, and your unique perspective. We'll provide the opportunities, tools, and support to help you succeed.

How We Invest in You:

  • 401(k) with 8% Company Match
  • Flexible Work Environment
  • Competitive Paid Time Off
  • Tuition Reimbursement & Education Benefits
  • Comprehensive Health & Wellness Benefits
  • Microsoft Copilot and AI-Enabled Tools
  • Continuous Learning & Development Opportunities
  • A culture of connection, celebration, and growth through employee-driven programs, company events, holiday celebrations (Star Wars Day), monthly town halls, quarterly company meetings, and team traditions like Bring Your Kid to Work Day

Recognizing Your Impact

For this full-time role, the starting salary range is $111800 - $139800 per year. Our compensation is designed to be competitive and to reflect the value, experience, and contributions each team member brings to Origence. Offers are usually not made at the top of the range, and each compensation package is assessed carefully based on job-related factors such as relevant experience, skills, qualifications, and geographic location, in compliance with applicable laws.

Origence is an equal opportunity employer. All recruitment, hiring, training, compensation, benefits, discipline, and other terms and conditions of employment will be based upon an individuals’ qualifications regardless of race, religion, color, sex, gender identity, sexual orientation, national origin, ancestry, military service, marital status, pregnancy, age, protected medical condition, genetic information, disability or any other category protected by federal, state or local law.

Skills Required

  • Bachelor's degree in Business, Supply Chain Management, Accounting, Finance, or a related field, or equivalent education and experience
  • Five or more years of experience in strategic sourcing, procurement, or supply chain management
  • Experience leading RFP processes, supplier selection, and contract negotiations
  • Experience with direct product costs and software subscriptions
  • Working knowledge of accounting operations, procure-to-pay processes, and internal controls
  • Experience managing vendor risk and third-party risk programs, including due diligence and ongoing monitoring
  • Experience developing and maintaining procurement policies and procedures
  • Experience administering or implementing CLM, vendor management, or procurement systems, including workflow design and enhancements
  • Excellent communication and problem-solving skills
  • Expert knowledge of strategic sourcing, category management, and procurement principles and best practices
  • Strong negotiation skills with the ability to secure favorable pricing, terms, and risk protections
  • Working knowledge of third-party risk management frameworks, supplier due diligence, and vendor management processes
  • Strong contract management skills and understanding of commercial terms and conditions
  • Strong analytical skills, including spend analysis, cost modeling, and total cost of ownership evaluation
  • Exceptional presentation, stakeholder management, influencing, organizational, and attention-to-detail skills
  • CPSM, CPM, or CPP certification
  • Third-party risk certification such as CTPRP
  • Experience within the SaaS or credit union industry
Am I A Good Fit?
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The Company
HQ: Irvine, CA
527 Employees
Year Founded: 2019

What We Do

End-to-end lending solutions that deliver innovation, efficiency, and better experiences.

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