About Us
RavenPack is the leading big data analytics provider for financial services. Financial professionals rely on RavenPack for its speed and accuracy in analyzing large amounts of unstructured content. RavenPack's products allow clients to enhance returns, reduce risk, and increase efficiency by systematically incorporating the effects of public information in their models or workflows. Our clients include the most successful hedge funds, banks, and asset managers in the world!
About the Role
We are seeking a dynamic and experienced Procurement Manager to oversee the procurement activities of the organization. This includes sourcing and purchasing software, subscription services, and technology-related goods and services at the most competitive prices while ensuring timely delivery and compliance with company policies and procedures. This role requires a strategic thinker with a deep understanding of SaaS procurement practices and the ability to manage supplier relationships effectively.
ResponsibilitiesSource and procure goods and services required by the organization.Work closely with internal departments, such as operations, finance, SM, product and development, to understand their needs and ensure procurement activities align with organizational goals.Identify, evaluate, and develop relationships with reliable suppliers, including software vendors, service providers, and technology partners.Collaborate in the preparation, negotiation, due diligence, risk assessment and management of contracts related to data acquisition, software licenses, subscriptions, and professional services in collaboration with the legal department.Oversee the preparation and processing of purchase orders and contracts.Ensure all documentation is accurate and compliant with company policies.Develop and manage the procurement budget.Monitor and control expenditures to ensure they remain within budget.Develop and implement procurement strategies and tools to optimize cost savings and efficiency.Monitor supplier performance and manage supplier relationships.Prepare and present reports on procurement activities, performance metrics, and cost savings to senior management.Use and enhance the available tools to analyze opportunities and risks on spends, categories, and vendors.Maintain procurement records and documentation.Stay updated on industry trends, market conditions, and best practices in procurement.Ensure compliance with procurement policies, procedures, and regulations.Develop and maintain a vendor management program to evaluate and monitor vendor performance, ensuring service level agreements (SLAs) are met and driving continuous improvement.Collaborate with the legal department in sustainability initiatives within the procurement process, ensuring that procurement practices align with environmental, social, and governance (ESG) criteria.
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