Sourcing Category Manager

Posted 6 Days Ago
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Chicago, IL
Hybrid
99K-124K Annually
3-5 Years Experience
Fintech • Software • Financial Services
Apex Fintech Solutions aims to enable frictionless investing for everyone.
The Role
The Sourcing Category Manager will lead the development and execution of category management strategies, oversee supplier sourcing and negotiations, manage procurement outcomes, and collaborate with internal teams to drive cost savings and efficiency.
Summary Generated by Built In

WHO WE ARE
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. We are based in Dallas, TX and also have offices in Austin, New York, Chicago, Portland, and Belfast.
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
Apex Fintech Solutions is seeking a highly motivated and experienced Sourcing Category Manager to join our dynamic Procurement team. The successful candidate will be responsible for developing and executing comprehensive category management strategies to drive cost savings, improve supplier performance, and ensure high-quality procurement outcomes. This role requires strong analytical skills, strategic thinking, and the ability to cultivate and maintain strong supplier relationships.
Duties/Responsibilities

  • Manage the sourcing and contracting of non-tech categories across the enterprise.
  • Develops and leads cross functional teams through category strategy development, supplier sourcing, contract/negotiating strategy development and supplier negotiation processes.
  • Participates in joint meetings with internal business partners to assist in forecasting, demand management, requirements development and identification of possible purchasing channels and sources.
  • Assists internal business partners with developing and reviewing contracts, statements of work, service level agreements, and specific contractual terms and conditions.
  • Maintains appropriate technical and industry knowledge for the category(s) under management.
  • Identifies, prequalifies, and recommends potential alternative sources of supply.
  • Identify and manage off-contract spend and rationalize suppliers for greater leverage.
  • Develops and manages the execution of initiatives, including data gathering and analysis, business requirements development, supplier qualification, preparation of Requests for Information (RFI), Requests for Proposals (RFP), Requests for Quotation (RFQ), evaluation of responses, developing negotiation strategies, participating and lead supplier negotiations, reviewing, redlining and managing contracts, and preparing recommendations to internal business partners/stakeholders.
  • Drive financial modeling of large and complex deals
  • Review contracts and recommend contract terms which minimize risk to the company.
  • Reviews strategies and decisions on a regular basis with appropriate levels of management.
  • Negotiate pricing, service level expectations, performance measures and contractual terms and conditions in coordination with Sourcing Leadership, stakeholders, and Legal.
  • Maintain dashboards and utilize metrics to measure progress and communicate results.
  • Performs other duties and responsibilities as assigned.


Education and/or Experience

  • Bachelor's Degree in Supply Chain Management, Business Administration, or a related field (or equivalent work experience) required; Master's degree preferred
  • 5+ years of work experience in strategic sourcing, indirect spend management, supplier relationship management and contracts management and supplier negotiations.
  • 3+ years of experience in negotiating enterprise-wide agreements, including contract management.


Required Skills/Abilities

  • Knowledge of industry best practices and emerging trends in sourcing and procurement.
  • Ability to develop and build rapport with suppliers.
  • Ability to utilize ERP for procurement systems to set up and maintain procurement data in a centralized platform.
  • Ability to work independently and as part of a team.
  • Strong negotiation, communication, data analytics and excel skills.
  • Strong project management skills and attention to detail.


Work Environment

  • This job operates in an office environment


#finance #mid-senior #full-time #LI-JC1 #APEX
​ Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
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
$99,000-$123,750
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.
Diversity, Equity, Inclusion, and Belonging (DEIB) Commitment
We're looking for all kinds of people.
At Apex, we believe that wealth management and investing should be accessible to everyone, and we strive to create spaces to democratize investing for folks of all walks of life. Internally, we embrace diversity and are dedicated to creating an inclusive and equitable workplace, which reflects our company vision and mission. We value every team member's unique perspective and are committed to fostering a culture where everyone belongs. Join us in our mission to empower and celebrate individual differences.
Apex is committed to being an equal opportunity employer. We ensure that qualified applicants receive fair consideration for employment without discrimination based on sex, gender identity, gender expression, sexual orientation, race, color, natural or protective hairstyle, genetics, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. Know your rights: workplace discrimination is illegal. We stand by this commitment to promote a diverse, equitable, and inclusive workforce.

What the Team is Saying

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The Company
HQ: Dallas, TX
750 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Apex is a market-leading, technologically independent software company that provides safe, frictionless digital execution, clearing, and storage for the global universe of investable assets. What drives us is creating independence that produces ownership of the data that is used to build community, increase financial literacy, and eliminate barriers to economic opportunities for the next generation of digital wealth creation.

To do this, our team members live above just doing a job and are those who are building careers. We don’t merely complete tasks at Apex; we have a purpose to be realized. Our colleagues champion why we do what we do.

We each strive to change the world and widen our impact with the breadth and depth of our client base and end investors.

Why Work With Us

We are bold enough to do what needs to be done. Savvy enough to know what that is. Kind and candid enough to tell it like it is every step of the way. We are compelling in our own right but devoted to joint success. We watch our backs. We scout the way ahead. We put ourselves, our team, and our clients in a position to soar.

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Apex Fintech Solutions Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 3 days a week
HQDallas, TX
Austin, TX
Belfast, GB
Chicago, IL
Manila, PH
New York, NY
Portland, OR
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