Regional Procurement Lead POST NUMBER: 465895
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
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Support Global Procurement leadership in developing and executing 3-year rolling category sourcing strategies across Technology and Non-Technology services
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Define and execute regional category plans aligned with overall procurement strategy and business objectives
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Manage end-to-end regional sourcing activities, including pipeline management, competitive tenders, benchmarking, and supplier selection
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Lead complex, high-value supplier negotiations (>£250k annually)
Stakeholder & Supplier Management
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Build strong relationships with regional business leaders, finance partners, and third-party suppliers
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Provide market intelligence and insights to procurement leadership and senior stakeholders
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Drive spend through preferred suppliers and established framework agreements
Contract & Commercial Management
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Ensure contracts are abstracted, stored, and maintained within the contract repository throughout the lifecycle
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Oversee commercial contract management for assigned suppliers to ensure compliance, performance, and protection against value leakage
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Support post-deal supplier performance management and issue resolution
Governance, Risk & Compliance
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Participate in procurement governance forums and support development of metrics, reporting, and MI
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Support third-party risk management activities, supplier onboarding/offboarding, and regulatory compliance requirements
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Identify, escalate, and manage procurement-related risks and issues
Procurement Operations & Continuous Improvement
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Assign and oversee lower-value sourcing initiatives (<£250k annually) in coordination with Procurement Leads and Sourcing Management teams
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Support procurement transformation, continuous improvement, and innovation initiatives
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Collaborate with analytics teams on MI reporting, contract analysis, and spend insights
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Identify system and process improvement opportunities to enhance procurement effectiveness
Communication & Reporting
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Prepare procurement and outsourcing reports, including updates for senior leadership, committees, and boards as required
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Deliver clear, timely updates to stakeholders throughout the sourcing and contracting lifecycle
Qualifications
Required
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Bachelor’s degree preferred or equivalent experience in procurement or supply chain
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Strong negotiation and commercial contract management experience
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Experience with purchase order processes and invoice approval workflows
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Hands-on experience with contract management platforms (e.g., ServiceNow, Ariba, or similar)
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Technical knowledge in procurement-related disciplines such as contract negotiations, contract management, or third-party risk management
Preferred
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Advanced Microsoft Excel skills
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Professional procurement certification (e.g., MCIPS or equivalent)
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.