Empower

Compensation

Full Description

Note: The job is a remote job and is open to candidates in USA. Empower is dedicated to transforming financial lives by providing a flexible work environment and celebrating internal mobility. The Strategic Sourcing Manager will manage technology and professional services procurement, focusing on IT software licensing and cloud negotiations, while supporting internal stakeholders and optimizing supplier relationships. Responsibilities • Build and maintain strong relationships with internal stakeholders, providing professional, proactive sourcing support • Lead end-to-end competitive sourcing events (RFP/RFI/RFQ), including bid packages, vendor demos, analysis, and negotiations • Drive negotiations for IT software licensing, SaaS subscriptions, cloud services, and professional staffing engagements • Analyze pricing proposals, budget impact, and cost-saving opportunities to support informed decisions • Champion vendor management best practices, including vendor due diligence, compliance, and risk mitigation • Manage contract lifecycles: renewals, renegotiations, SOWs, NDAs, amendments, and data procurement agreements • Collaborate with affiliates in the U.S., Europe, and Canada to leverage global supplier agreements • Track and report savings, vendor risk insights, and project progress to leadership Skills • Bachelor's degree in business, supply chain, finance, or related field • 6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors • Proven success negotiating data procurement, software, and cloud technology contracts • Strong vendor management and supplier risk management expertise • Excellent negotiation, communication, and stakeholder management skills • Ability to manage multiple sourcing projects independently • Experience using procurement tools (P2P, e-auctions) • Background in financial services or other highly regulated industries • Experience negotiating with major cloud/SaaS providers (AWS, Microsoft, Google, Salesforce, etc.) • Familiarity with data governance, privacy, and compliance requirements • Certifications such as CPSM, CPM, or PMP • Advanced degree in business, law, or related field • Demonstrated ability to standardize vendor governance processes Benefits • Medical, dental, vision and life insurance • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup • Tuition reimbursement up to $5,250/year • Business-casual environment that includes the option to wear jeans • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year • Paid volunteer time — 16 hours per calendar year • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA) • Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all. Company Overview • EMPower is a non-governmental agency for social well being. It was founded in 1891, and is headquartered in Greenwood Village, Colorado, USA, with a workforce of 10001+ employees. Its website is https://www.empower.com.