At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world's top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good.
Senior Strategic Sourcing Specialist, IT
Hybrid role with requirement to be in office 2 days a week. (Guadalajara, Mexico OR Lisbon, Portugal).
We are seeking a strategic and results-driven Senior Strategic Sourcing Specialist to join our Procurement team.
You will lead the development and execution of category strategies for software procurement. You’ll play a key role in sourcing, negotiating, contracting, and managing supplier relationships to ensure optimal value and alignment with business goals.
Key Responsibilities:- Develop and execute software procurement strategies aligned with business objectives and market trends.
- Manage the full lifecycle of software procurement, including sourcing, negotiations, contracting, and supplier performance.
- Conduct market analysis to identify cost-saving opportunities, innovation potential, and supplier performance improvements.
- Partner with cross-functional teams (IT, Legal, Finance) to understand software needs and ensure strategic alignment.
- Build and maintain strong relationships with software vendors, negotiating favorable terms and conditions.
- Monitor supplier compliance and performance, resolving issues as needed.
- Stay informed on industry trends, emerging technologies, and best practices in software procurement.
- Bachelor’s degree in business, Procurement, IT, or a related field; Master’s degree or certifications (e.g., CPSM, CIPS) preferred.
- Proven experience in software procurement and category management, ideally within a large organization.
- Strong understanding of the software market, including licensing models, pricing structures, and vendor landscape.
- Demonstrated success in contract negotiation and supplier management.
- Analytical mindset with the ability to interpret data and make informed decisions.
- Excellent communication and stakeholder engagement skills.
- Proficiency in procurement tools and Microsoft Office Suite.
- Work with a dynamic, innovative team in a fast-paced environment.
- Competitive compensation and benefits package.
- Opportunities for professional growth and development.
- Inclusive and collaborative workplace culture.
If you're a strategic thinker with a passion for software procurement and category management, we encourage you to apply and make a meaningful impact on our organization.
We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:
· Flexibility: Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.
· Well-being: Access confidential one-on-one therapy through our Employee Assistance Program, unlimited personalized coaching via our coaching app, and access to our Gather Groups for emotional and mental support.
· Medical, life & disability insurance, retirement plan, lifestyle and other benefits*
· ESG: Benefit from paid time off for volunteering and donation matching.
· DEI: Participate in multiple DE&I groups for open involvement (e.g., Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, Women@Finastra).
· Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.
· Recognition: Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.
*Specific benefits may vary by location.
At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together. We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves.
Be unique, be exceptional, and help us make a difference at Finastra!
Top Skills
What We Do
At Finastra our purpose is to unlock the power of finance for everyone & redefine finance for good. We’re the orchestrator of open finance; building and delivering innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem. We’re one of the world’s largest FinTechs, working with over 9,000 customers including 90 of the top 100 banks globally.
We’re creating a pioneering open platform that’s disrupting the financial industry, changing how financial software is developed and used. We believe in collaboration for innovation, to unlock the potential of people, businesses and communities. We have an unmatched portfolio of financial software and deliver mission critical solutions for financial institutions of all sizes, on premises or in the cloud. Our open architecture and platform approach embrace a wide ecosystem of partners and co innovators. Together we're leading the way in which applications are written, deployed and consumed in the world of financial services.
Our people mission is to be the most loved and inclusive fintech company in the world; a mission we take seriously. DE&I factors into everything we do and every decision we make as a business. When you join Finastra, you open up a world of possibilities. With us, you can supercharge financial institutions, big tech and fintech while also building a more inclusive finance industry.
We believe our people thrive when given the opportunity to be their authentic selves and we trust our people to work how, when and where they want; this is OPENworking. Our 2+ policy provides the perfect mix of focused work at home, coupled with the meaningful connection that comes from in person collaboration, coaching and community. We're rolling out a new programme where our people take as much leave as they need; we do not count vacation days and we trust our people to work in a way that suits them, when it suits them.
Come join the future of Fintech, and make your world. OPEN.
