Senior Manager, Procurement

Reposted 4 Hours Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Financial Services
The Role
Lead strategic sourcing and procurement initiatives including contract negotiation, supplier management, procure-to-pay operations, RFP/RFQ execution, metrics and reporting, process improvements, and cross-functional collaboration to optimize cost, compliance, and supplier performance across market data and indirect spend.
Summary Generated by Built In
Job Description:

We are looking for an experienced procurement professional to join our Procurement team, which is part of our Finance organization. This person will partner with the Head of Procurement and leaders throughout the firm to develop and execute a strategic vision and operational excellence to maximize value through effective and strategic sourcing and procurement practices. The Senior Procurement Manager will be responsible for managing multiple stakeholder groups which will contribute to the overall financial results of the firm. 

Duties & Responsibilities

  • Providing leadership and support our business partners through contract negotiation, supplier management and enabling in e-procurement technologies 
  • Work closely with our business partners to negotiate contracts with vendors to ensure the best possible pricing and terms. Conduct bids as well as support department-specific sourcing projects. 
  • Institute policies and procedures for collecting and reporting key metrics that will reduce costs while increasing productivity 
  • Initiate process improvements that enable the buying process at Dimensional 
  • Managing the procurement process from request to delivery, including issuing purchase orders, tracking shipments, and managing business partner expectations 
  • Prepare and present business cases, monthly and quarterly metrics reports 
  • Lead the Request for Proposal process, including partnering with stakeholders to create the Statement of Work 
  • Participate in global scale contract management and associated logistics 
  • Collaborate with legal and infosec teams to ensure vendor and supplier the appropriateness of contract terms and ensure compliance with all regulations and controls 

Qualifications

  • Bachelor’s Degree, or equivalent experience, and a minimum 7+ years of experience in sourcing/strategic procurement, with a focus on indirect spend, with a focus on market data (market data systems, processes, entitlements, and audits) 
  • Manage and implement processes for the procurement and allocation of Market Data, Indexes, Exchanges, and related services 
  • Experience with Procure-to-Pay solutions.  Oracle is preferred, but knowledge of Ariba, Coupa, Zycus, etc. is helpful. 
  • A self-starter, positive attitude, selfless, ability to problem-solve under minimal supervision, in a new function, and approaches problems with a “can do attitude” 
  • Ability to translate technical requirements to create and lead sourcing events and contracting 
  • Experience in contracts, contract negotiations, contract strategy development and execution across multiple categories and contract types (e.g., MSAs, SOWs, etc.) 
  • Detailed knowledge of the strategic sourcing process and procurement best practices and can demonstrate how this knowledge can be applied to optimize profitability and supplier performance 
  • Experience enabling contract compliance and facilitating internal compliance reviews 
  • Strong computer application skills; MS Word, Excel, PowerPoint, etc., 
  • Team player with strong inter-personal communication and building strategic partnerships 
  • Proven experience and success in leading cost savings initiatives and cross functional teams 

#LI-Hybrid

Preferred Skills

  • CPM, PMP or APICS certifications 
  • Project management experience 
  • Financial Services or related industries experience is a plus 

    

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

It is the policy of the Company to provide equal opportunity for all employees and applicants.  The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates. 

Skills Required

  • Bachelor's degree or equivalent experience
  • Minimum 7+ years of experience in sourcing/strategic procurement with focus on indirect spend and market data
  • Experience managing procurement and allocation of Market Data, Indexes, Exchanges, and related services
  • Experience with Procure-to-Pay solutions
  • Experience with Oracle (preferred); knowledge of Ariba, Coupa, Zycus helpful
  • Proven experience in contracts, contract negotiations, and contract strategy development (MSAs, SOWs, etc.)
  • Ability to lead sourcing events, translate technical requirements, and develop Statements of Work
  • Experience enabling contract compliance and facilitating internal compliance reviews
  • Strong computer application skills (MS Word, Excel, PowerPoint)
  • Proven success leading cost savings initiatives and cross-functional teams
  • Self-starter with strong interpersonal communication and ability to problem-solve with minimal supervision
  • CPM, PMP or APICS certifications
  • Project management experience
  • Financial services or related industry experience

Dimensional Fund Advisors Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Dimensional Fund Advisors and has not been reviewed or approved by Dimensional Fund Advisors.

  • Wellbeing & Lifestyle Benefits Work–life balance is portrayed as notably strong and is often framed as part of the total package. Feedback suggests lifestyle and culture help offset only average cash levels for many roles.
  • Healthcare Strength Health coverage is described as comprehensive, including medical, dental, vision, mental‑health support, and HSA/FSA options. An on‑site clinic in Austin and wellness programs are cited as meaningful adds to the overall offering.
  • Leave & Time Off Breadth PTO and holidays are characterized as generous, with parental leave and adoption assistance highlighted as part of the package. Feedback suggests time‑off policies are a consistent bright spot across locations where available.

Dimensional Fund Advisors Insights

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The Company
HQ: Austin, TX
1,490 Employees
Year Founded: 1981

What We Do

Dimensional is a leading global investment firm that has been translating academic research into practical investment solutions since 1981. Guided by a strong belief in markets, we help investors pursue higher expected returns through a systematic investment process that integrates research insights with advanced portfolio design, management, and trading while balancing tradeoffs that can impact returns. Dimensional is headquartered in Austin, Texas, and has 14 global offices across North America, Europe, and Asia. As of March 31, 2022, Dimensional manages $659 billion for investors worldwide.

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