About this opportunity
FlexTrade lists this Senior Procurement Manager opportunity in village of great neck, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
About us:
FlexTrade Systems is a provider of customized multi-asset execution and order management trading solutions for buy- and sell-side financial institutions. Through deep client partnerships with some of the world's largest, most complex and demanding capital markets firms, we develop the flexible tools, technology and innovation that deliver our clients a competitive edge. Our globally distributed engineering teams focus on adaptable technology and open architecture to develop highly sophisticated trading solutions that can automate and scale with your business strategies.
At FlexTrade, we hold our values close to heart, with pride and gratitude, as they guide us in everything that we do. We are dedicated to giving our clients a competitive edge, taking ownership of our responsibilities, being flexible to adapt to ever changing environment and technology, bringing integrity to ever interaction and we continue to improve, grow together and collaborate as one team. All of these while having Fun truly makes FlexTrade a wonderful place to work.
Position Overview
FlexTrade Systems is seeking a Senior Procurement Manager / Purchase Lead to establish and scale the company’s enterprise-wide procurement function. Reporting directly to the Chief Operating Officer, with a dotted-line partnership to the Senior Vice President of Finance, this role is a critical operational leadership position responsible for cost discipline, vendor governance, and scalable procurement practices across a global technology organization.
The role will have direct responsibility for managing an estimated $20–$40 million in annual spend, spanning IT infrastructure, software licensing, cloud services, professional services, and other more traditional enterprise purchasing categories (travel, facilities, etc). Initially operating as a hands‑on individual contributor, the successful candidate will design procurement strategy, policies, and controls from the ground up, with the opportunity to build and lead a small procurement team as the function matures and business scales.
This position requires a pragmatic, commercially strong procurement leader who can balance speed, reliability, and cost optimization in a mission-critical fintech environment.
Key Responsibilities
Strategic Procurement Leadership
Establish and execute a comprehensive procurement strategy aligned with FlexTrade’s operational priorities, financial objectives, and growth trajectory
Serve as the primary procurement partner to the COO and senior business leaders, translating operational requirements into effective and proactive sourcing and purchasing solutions
Design and implement procurement policies, approval frameworks, and governance standards to ensure efficiency, transparency, and compliance
Build scalable procurement processes capable of supporting a global, multi-office organization
IT & Technology Procurement (Core Focus)
Lead procurement for all IT hardware, including servers, workstations, networking equipment, and infrastructure supporting high-performance trading systems
Manage software licensing and SaaS procurement across development, testing, and production environments
Oversee sourcing of cloud infrastructure, managed services, professional services, and technical support contracts
Partner closely with IT leadership to forecast technology needs, evaluate technical requirements, and ensure procurement decisions support the product roadmap
Negotiate complex commercial agreements, including enterprise license agreements, master service agreements, and multi-year contracts
Enterprise-Wide Purchasing
Manage procurement across non-IT categories including facilities, office operations, professional services, marketing, and general operational spend
Coordinate purchasing activities across global offices in North America, Europe, and Asia
Establish preferred supplier programs and long-term vendor relationships to ensure service quality, reliability, and competitive pricing
Implement spend visibility and reporting to support budgeting, forecasting, and executive decision-making
Vendor & Contract Management
Source, evaluate, and onboard vendors based on capability, financial stability, risk profile, and alignment with FlexTrade’s requirements
Lead commercial negotiations to optimize pricing, terms, and service levels while mitigating operational and financial risk
Manage the full contract lifecycle in partnership with Legal and Finance, including drafting, review, execution, renewals, and amendments
Monitor vendor performance, proactively resolve issues, and conduct periodic reviews with strategic suppliers
Financial Governance & Cross-Functional Partnership
Partner with the SVP of Finance on budget planning, cash-flow considerations, and financial controls related to vendor spend
Ensure procurement activities align with audit requirements, internal controls, and financial governance standards
Provide regular reporting to executive leadership on spend trends, savings initiatives, vendor concentration, and risk exposure
Establish and manage a clear mechanism to identify, track, and allocate customer‑specific pass-through costs (e.g., connectivity, hardware, software licenses, data, cloud resources, or services procured on behalf of specific clients)
Work closely with Billing and Finance to support timely and accurate pass‑through invoicing
Team Development & Capability Build-Out
Initially operate as a hands‑on procurement leader managing day‑to‑day purchasing activities
Build and develop a small, high-performing procurement team as the organization and spend profile scale
Design purchasing workflows, approval hierarchies, and delegation frameworks to support efficient operations
Evaluate and implement procurement tools such as e-procurement platforms, contract lifecycle management systems, and spend analytics solutions
Experience
6–10+ years of progressive procurement or purchasing experience, with significant exposure to IT hardware, software, SaaS, and services procurement
Demonstrated experience managing enterprise-wide spend across multiple categories, ideally in the $20M+ range
Proven ability to build or significantly enhance procurement functions, processes, or governance frameworks
Experience operating as a senior individual contributor with broad ownership and executive exposure
Skills & Competencies
Strong commercial and negotiation skills, with the ability to structure complex agreements and deliver measurable value
Solid financial acumen, including cost modeling, total cost of ownership analysis, and budget management
Excellent communication and stakeholder management skills, with comfort engaging senior leaders
Process-driven mindset with the ability to design, document, and implement scalable workflows
Strong organizational and project management skills, capable of managing multiple priorities simultaneously
Proficiency with procurement systems, contract management tools, and Microsoft Office
Education & Certifications
Bachelor’s degree in Business, Supply Chain Management, Finance, or a related field required
Professional certifications such as CPSM, CPM, or CIPS strongly preferred
Preferred Qualifications
Experience in financial services, fintech, or enterprise software environments
Familiarity with global procurement practices and international vendor management
Prior experience hiring or mentoring procurement staff
Exposure to e-sourcing, contract lifecycle management, and spend analytics platforms
Knowledge of strategic sourcing and category management methodologies
**FlexTrade Systems, Inc. does not accept unsolicited resumes from search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an authorized agreement for a particular SOW (Statement of Work) in place is hired: such resumes are deemed the sole property of FlexTrade Systems, Inc.** **FlexTrade Systems, Inc. is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or any other status protected by law.** #J-18808-Ljbffr
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.