Tech & Product Strategic Sourcing Specialist

Posted 20 Days Ago
Be an Early Applicant
Seagate, New York, NY, USA
In-Office
Senior level
Payments • Software
The Role
Lead strategic sourcing for technology and product categories: develop category plans, run RFx, evaluate and select suppliers, negotiate contracts, manage supplier risk and performance, deliver cost savings and process improvements, and build scalable category management capabilities across the company.
Summary Generated by Built In
Who we areAbout Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

Procurement is part of Stripe Finance and owns the full supplier lifecycle and buying journey. The team sources and evaluates new vendors, renews and negotiates contracts with existing suppliers, and leads third‑party risk management and compliance activities to ensure suppliers meet Stripe’s standards. Procurement also drafts, reviews, and approves supplier contract structures and terms, aligned with Stripe’s risk appetite and legal requirements.

What you’ll do

We are looking for an experienced Sourcing professional to focus on establishing trusted business partner relationships in the technology space at Stripe with a “users first” approach to ensure early and active participation across the full lifecycle of strategic sourcing and procurement, including: category planning, sourcing strategies, RFx execution, supplier evaluation and selection, contract negotiations and management, and continuous improvements. You will play a critical role in ensuring Stripe's procurement aligns with our operational principles by contributing to our sustainable growth while fostering strong, ethical supplier relationships. Experience with complex software negotiations is required.

Responsibilities
  • Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
  • Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols
  • Conduct market research and analysis to inform category strategies and stay ahead of industry trends
  • Be an active champion across the company supporting our third party risk programs and fiscal initiatives when engaging in Procurement activities
  • Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
  • Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
  • Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness
  • Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals  
  • Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripes recognize and value
Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements
  • A minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field
  • Demonstrated ability to develop and implement strategic sourcing and category management strategies
  • Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
  • Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
  • Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
  • Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross-functional and internal team members
Preferred qualifications
  • Solution-oriented mindset with enthusiasm for establishing best practice
  • Self-disciplined, diligent, proactive and detail oriented
  • Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment
  • Strategic mindset with the ability to make sound business decisions based on data and analytics
  • Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
  • Familiarity with the fintech industry and its supply chain and procurement challenges

Skills Required

  • Minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field
  • Demonstrated ability to develop and implement strategic sourcing and category management strategies
  • Proven negotiation skills and a track record of achieving significant cost savings and supplier value
  • Experience with complex software negotiations
  • Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
  • Experience in supplier contracting with solid understanding of standard commercial terms, risk mitigation, and SLAs
  • Leadership and stakeholder management skills with ability to influence cross-functional teams
  • Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle)
  • Familiarity with the fintech industry and its supply chain and procurement challenges
  • Solution-oriented mindset; self-disciplined, proactive, detail oriented; comfortable with rapid change and matrixed functions
  • Strategic mindset with ability to make sound business decisions based on data and analytics

Stripe Compensation & Benefits Highlights

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

  • Healthcare Strength Healthcare is positioned as comprehensive across mental, physical, and medical plans. Mental-health support is repeatedly surfaced as a meaningful part of overall coverage.
  • Parental & Family Support Parental leave and fertility benefits are highlighted as core elements of the package. Leave-related benefits are portrayed as a standout area of support for families.
  • Fair & Transparent Compensation Compensation is framed as a relative strength compared to other parts of the employee experience. Pay is frequently characterized as competitive and, for many roles, perceived as fair in absolute terms.

Stripe Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: San Francisco, CA
5,360 Employees
Year Founded: 2010

What We Do

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies like Salesforce and Facebook—use the company’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

Similar Jobs

Squarespace Logo Squarespace

GTM Marketing Programs Manager

Consumer Web • eCommerce • Marketing Tech • Payments • Software • Design • SEO
In-Office
New York City, NY, USA
1723 Employees
86K-138K Annually

Capital One Logo Capital One

Senior Business Analyst

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
6 Locations
55000 Employees
101K-138K Annually

Capital One Logo Capital One

Product Manager

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
3 Locations
55000 Employees
101K-205K Annually

Capital One Logo Capital One

Manager, Security Services, Global Workplace Services, Workplace and Retail Security

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
New York, NY, USA
55000 Employees
147K-167K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account