Block · 5 months ago
Strategic Sourcing Technology Sub Category Lead
Block is a company focused on economic empowerment, seeking a Strategic Sourcing Technology Sub-Category Lead. This role involves leading transformative sourcing strategies, driving savings, optimizing supplier portfolios, and ensuring technology investments are scalable and cost-efficient.
Financial Services
Responsibilities
Lead category-level strategic planning efforts at Block through: Heavy focus on sourcing (via best class sourcing methodologies) Contract negotiation, Risk mitigation, Ongoing management and performance of supplier relationships
Drive adoption of external best practices, leveraging market intelligence, your network, and internal data to evolve Block's sourcing posture
Advance Supplier Relationship Management (SRM) programs with Tier 1 vendors to ensure governance, strategic alignment, and continuous improvement
Establish partnerships with important senior business partners aimed at identifying, understanding and supporting their roadmap
Own and execute high-stakes negotiations in collaboration with business partners(e.g., ELAs, cloud commitments, license agreements), using advanced levers like benchmarking, financial modeling, and usage forecasting
Identify and realize cost-saving and cost-reduction opportunities and build a culture of long-term savings on procurement costs without compromising supply assurance or quality
Lead end-to-end supplier lifecycle management, including selection, onboarding, performance optimization, and offboarding, with a focus on risk mitigation and value creation
Partner with cross-functional teams to ensure compliance with SOX, TPRM, and audit requirements, integrating sourcing processes into the broader risk and governance framework
Mentor and support junior sourcing team members, sharing knowledge and helping build a culture of inclusion, and continuous improvement
Contribute to team and org-wide sourcing capability, sharing negotiation tactics, commercial frameworks, and best-in-class sourcing methodologies
Qualification
Required
Minimum of 10+ years of strategic procurement or supplier management experience; in a high-growth technology environment preferred
At least 5+ years in a Technology Category management position
Experience leading large-scale software optimization initiatives, such as app rationalization and license optimization
Proven track record of achieving strong year-over-year savings, expertise in contract negotiations, and delivering measurable, valuable results aligned with organizational KPIs
Expertise in leveraging data and financial models to shape negotiation tactics, performance measurement, and sourcing ROI
Expertise in building sourcing strategies that tie directly to business goals, with a focus on TCO, supplier performance, and risk mitigation
Ability to successfully navigate in unstructured and fast paced environments while garnering trust with internal customers
Ability to lead and influence cross-functional stakeholders including Finance, Legal, and Engineering at senior levels
Benefits
Remote work
Medical insurance
Flexible time off
Retirement savings plans
Modern family planning
Company
Block
Block is one company built from many blocks, all united by the same purpose of economic empowerment.
H1B Sponsorship
Block has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (257)
2024 (253)
2023 (260)
2022 (297)
Funding
Current Stage
Late StageRecent News
Morningstar, Inc.
2024-11-14
Business Journals
2024-04-05
2024-03-08
Company data provided by crunchbase