Regional Procurement Lead

Regional Procurement Lead

Compensation: $135,000–$140,000 base salary + 15% discretionary bonus

Location: New York, NY (Hybrid – 3 days onsite per week)

Company Overview

Our client is a global provider of market infrastructure, delivering access to financial and commodities markets through innovative technology, data, and liquidity solutions. Operating across dozens of offices worldwide, the organization supports a diverse, international client base and plays a critical role in price discovery, market transparency, and efficient execution across global markets.

Role Overview

The Procurement function delivers strategic, commercial, and risk-focused procurement services aligned with business objectives. This role is responsible for driving value across the supplier lifecycle through effective sourcing, contract management, supplier relationship management, analytics, and third-party risk oversight.

The Regional Procurement Lead will support regional and global procurement initiatives across both Technology and Non-Technology categories, partnering closely with business stakeholders, finance, and suppliers to deliver cost, performance, and risk outcomes.

Key Responsibilities

Category Strategy & Sourcing

• Support Global Procurement leadership in developing and executing 3-year rolling category sourcing strategies across Technology and Non-Technology services
• Define and execute regional category plans aligned with overall procurement strategy and business objectives
• Manage end-to-end regional sourcing activities, including pipeline management, competitive tenders, benchmarking, and supplier selection
• Lead complex, high-value supplier negotiations (>£250k annually)

Stakeholder & Supplier Management

• Build strong relationships with regional business leaders, finance partners, and third-party suppliers
• Provide market intelligence and insights to procurement leadership and senior stakeholders
• Drive spend through preferred suppliers and established framework agreements

Contract & Commercial Management

• Ensure contracts are abstracted, stored, and maintained within the contract repository throughout the lifecycle
• Oversee commercial contract management for assigned suppliers to ensure compliance, performance, and protection against value leakage
• Support post-deal supplier performance management and issue resolution

Governance, Risk & Compliance

• Participate in procurement governance forums and support development of metrics, reporting, and MI
• Support third-party risk management activities, supplier onboarding/offboarding, and regulatory compliance requirements
• Identify, escalate, and manage procurement-related risks and issues

Procurement Operations & Continuous Improvement

• Assign and oversee lower-value sourcing initiatives (<£250k annually) in coordination with Procurement Leads and Sourcing Management teams
• Support procurement transformation, continuous improvement, and innovation initiatives
• Collaborate with analytics teams on MI reporting, contract analysis, and spend insights
• Identify system and process improvement opportunities to enhance procurement effectiveness

Communication & Reporting

• Prepare procurement and outsourcing reports, including updates for senior leadership, committees, and boards as required
• Deliver clear, timely updates to stakeholders throughout the sourcing and contracting lifecycle

Qualifications

Required

• Bachelor’s degree preferred or equivalent experience in procurement or supply chain
• Strong negotiation and commercial contract management experience
• Experience with purchase order processes and invoice approval workflows
• Hands-on experience with contract management platforms (e.g., ServiceNow, Ariba, or similar)
• Technical knowledge in procurement-related disciplines such as contract negotiations, contract management, or third-party risk management

Preferred

• Advanced Microsoft Excel skills
• Professional procurement certification (e.g., MCIPS or equivalent)