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Strategic Sourcing Lead

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Apex Fintech Solutions
Part Time position
Listed on 2026-01-12
Job specializations:
  • Business
    Business Systems/ Tech Analyst
  • IT/Tech
    Business Systems/ Tech Analyst
Salary/Wage Range or Industry Benchmark: 99000 - 123750 USD Yearly USD 99000.00 123750.00 YEAR
Job Description & How to Apply Below

About AFS

Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, simplifying, automating, and facilitating access to financial markets for all. Our robust suite of fintech solutions supports clients such as Stash, Betterment, SoFi, Webull, and more than 20 million of our clients’ customers. We have offices in Austin, Dallas, Chicago, New York, Portland, Belfast, and Manila.

As a global organization, we provide an environment where fintech innovators can change the world. AFS has received industry awards including Best Wealth Management Company (Fintech Breakthrough Awards), Most Innovative Companies (Fast Company), and Best API & Best Trading Technology (Global Fintech Awards).

Position:
Mid‑Senior Level | Full‑time | Chicago, IL.

About This Role

The Strategic Sourcing Lead drives value delivery across assigned subcategories by leading low‑to‑medium complexity sourcing events, negotiating small‑to‑medium contracts, performing advanced spend and market analyses, and improving supplier performance. The role operates with moderate autonomy, partners closely with cross‑functional teams, and helps shape category plans through data‑driven insights and disciplined execution.

Duties / Responsibilities
  • Own the SaaS renewals pipeline: maintain a 12–18 month calendar with 180/120/90/60‑day gates; prevent auto‑renewals.
  • Analyze entitlements/usage; right‑size licenses and consumption; vendor consolidation; rationalize overlapping apps.
  • Use an external benchmarking service to understand market pricing/terms and develop negotiation strategy and targets.
  • Lead negotiations for renewals and small tech buys under playbooks (price locks, CPI caps, step‑downs, ramp/proration, true‑up relief, downgrade rights); create credible switch leverage when appropriate.
  • Review and interpret contracts and amendments; compare terms in Evisort; ensure repository accuracy and version control (no drafting of contracts).
  • Maintain supplier scorecards/QBRs; strengthen vendor partnerships through performance reviews, joint roadmaps, SLA tracking, and remediation.
  • Run light competitive quotes (RFx) when needed; document awards and outcomes.
Education and Experience
  • Bachelor’s degree in Supply Chain, Business, Finance, or related field.
  • 5+ years of procurement/strategic sourcing experience, including leading small‑to‑medium negotiations and running sourcing events.
  • Preferred certifications: CPSM, CIPS, CSCP (or in progress).
Required Skills & Abilities
  • Strong analytical skills:
    Excel/Sheets (pivot tables, lookups, Power Query), TCO and price/cost analysis; data visualization (Power BI/Tableau) a plus.
  • Working knowledge of commercial contracting (SLAs, warranties, data privacy, liability caps, confidentiality, basic IP) and experience partnering with Legal.
  • Proficiency with eSourcing and CLM tools; familiarity with spend analytics platforms.
  • Excellent organization, attention to detail, communication, and stakeholder management; ability to juggle multiple priorities and deadlines.
Work Environment
  • Hybrid office environment: 3 days per week from any of our primary offices.
Rewards and Benefits

We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental, vision, EAP), competitive PTO, 401k match, parental leave, HSA contribution match, a paid subscription to the Calm app, and generous external learning and tuition reimbursement.

Salary Range

$99,000–$123,750

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. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.

Referrals increase your chances of interviewing at Apex Fintech Solutions by 2x.

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