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Senior Director, Procurement

Senior Director, Procurement

Apex Fintech SolutionsChicago, IL, US
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Senior Director, Procurement

Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers.

Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. As a global organization, we have offices in Austin, Dallas, Chicago, New York, Portland, Belfast, and Manila.

If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.

AFS has received a number of prestigious industry awards, including :

  • 2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards
  • 2021 Most Innovative Companies - presented by Fast Company
  • 2021 Best API & Best Trading Technology - presented by Global Fintech Awards

About This Role

The Senior Director, Procurement will lead the organization's overall procurement strategy, overseeing the purchasing of goods and services, and managing the procurement team to ensure effective supply chain operations. This role involves strategic planning, effective cost management, and fostering supplier relationships to secure the best deals and sustain strong business partnerships. The Senior Director of Procurement will ensure that procurement policies align with the company's regulations and financial goals, aiming for sustainability and compliance in all transactions.

Duties / Responsibilities

  • Strategic Procurement Management : Develop, lead, and execute purchasing strategies; analyze market and delivery systems to assess present and future material availability.
  • Team Leadership and Development : Manage the procurement team, setting clear goals and expectations; assess and build the team's skills necessary for advancing procurement strategies.
  • Supplier Relationship Management : Negotiate with vendors to secure advantageous terms; oversee the maintenance of all supplier contracts; ensure the adherence to agreed terms and conditions.
  • Cost Control and Reduction : Implement innovative solutions for effective cost management; track and report key functional metrics to reduce expenses and improve effectiveness.
  • Procurement Process Optimization : Streamline procurement processes to ensure seamless operations and controls within the department; implement best practices in procurement and vendor management.
  • Compliance and Risk Management : Identify and mitigate procurement risks; ensure compliance with international procurement standards and corporate governance.
  • Cross-Functional Collaboration : Work closely with other department heads to ensure cohesive inter-departmental operations; align procurement resources according to company needs and market conditions.
  • Technology and Systems : Lead initiatives to enhance or replace procurement technologies to support departmental activities.
  • Education and / or Experience

  • Bachelor's degree in Business, Supply Chain Management, or a related field; advanced degree preferred
  • 10 years of experience in procurement or supply chain management, with at least 5 years in a leadership role.
  • Proven experience managing a procurement department for a multinational corporation
  • Experience in leading procurement initiatives that align with corporate sustainability goals.
  • Strong background in procurement software and ERP systems like SAP Procurement Solutions or Oracle SCM Cloud.
  • Experience in dealing with international suppliers and logistics.
  • Certifications such as Certified Purchasing Professional (CPP) or Certified Supply Chain Professional (CSCP) preferred
  • Required Skills / Abilities

  • Leadership Skills : Strong ability to mentor, lead and motivate a diverse and advanced team.
  • Negotiation Skills : Expert level in negotiation and contract management.
  • Analytical Skills : Highly developed abilities in financial analysis and decision-making.
  • Communication Skills : Exceptional verbal and written communication abilities.
  • Technical Skills : Proficient in MS Office, ERP systems, and procurement software.
  • Work Environment

  • This job operates in a hybrid, office environment 3 days per week.
  • Our Rewards

    We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS, we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.

    Salary Range $185,600-$232,000

    The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.

    EEO Statement

    Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.

    Disability Statement

    Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form.

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    Director Procurement • Chicago, IL, US

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