About Kraken
As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto. Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption. But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions. Now is not the time to sit on the sidelines. Join us to bring crypto to the world.
About the Role: The Procurement department within Finance is looking for a Strategic Sourcing Director/Sr Manager who will work closely with senior leadership within the Finance function as well as with senior leaders within the IT and Engineering teams to build and manage a cohesive vendor strategy to drive and enhance the long-term value of those vendor relationships. You will work closely with cross-functional teams such as legal, finance, and various risk teams to build on new business opportunities, identify savings opportunities, and drive compliance for procurement policies. This is an exciting opportunity to be at the forefront of a rapidly expanding industry and contribute to the building of the new global financial system.
This role is 100% remote.
What you'll do
Proactively collaborating with business partners and stakeholders to lead contract negotiation with suppliers; develop negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify key benchmarks to measure contractual arrangementsAbility to project manage the contract review process with internal stakeholders and coordinate with legal subject matter experts as neededInitiation and execution of a strategic supplier rationalization plan to optimize existing vendors to deliver cost reduction, supply assurance, quality improvement, innovation and increased vendor utility Review existing contracts and understand business requirements; formulate guidelines and design standard vendor contract protocols Establishing vendor life-cycle strategy to oversee planning, sourcing and selection of new vendors, manage data for vendor performance and manage vendor off-boarding and transition Identifying risks associated with key vendors and manage and monitor supplier performance against negotiated SLA and MSA terms Development of financial analytics to support commercial term negotiations with performance dashboards and ROI based evaluation toolsSupporting other ad hoc projects as needed Deliver relevant procurement training content to business stakeholders to ensure a standard approach for delivery of procurement best practices, policy, and toolsProactively work to resolve performance issues with assigned suppliers to ensure effective and timely resolutionWho you are
7+ years of strategic sourcing, procurement or vendor management experience; in a high growth technology environment preferred Experience working with SaaS, IT, or other technology contracts including understanding of Data Protection Agreements, Master Services Agreements, and execution of Statements of Work and Order FormsBachelor’s degree from an accredited university preferably in Procurement, Business Administration or related field. MBA/advanced technical degree preferred Must be comfortable in a ‘roll-up your sleeves’ environment People management experienceStrong relationship building, communication and project management to demonstrate project status, key actions, risks and opportunities Exceptional negotiating skills, along with a strong presence and ability to influence others, including senior leadership Self-directed, able to work independently, as well as work in a team-orientated and fast paced environment Nimble with ability to take decisive action to address business needs that meet corporate business objectivesExperience in fintech, banking industry or financial markets is preferredExperience with cryptocurrencies and knowledge of blockchain technology is preferredWorking knowledge of procurement platforms and tools.
Location Tagging: #US #LIRemote
We’re powered by people from around the world with their own unique and diverse experiences. We value all Krakenites and their talents, contributions, and perspectives, regardless of their background. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!
As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
Stay in the know
