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Chime · 1 day ago

Senior Director, Procurement and Third Party Risk

San Francisco, CA

Full-time

Hybrid

Director/Executive

$199K/yr - $275K/yr

15+ years exp

Chime is a financial technology company that aims to help individuals achieve financial progress. The Senior Director of Procurement and Third Party Risk will lead the procurement and risk management functions, ensuring efficient scaling of the business while meeting regulatory expectations.

BankingFinancial ServicesFinTech

Responsibilities

Lead and develop a high-performance, high-integrity procurement organization, including strategic sourcing, procurement operations and third-party risk management

Own the end-to-end procurement lifecycle, including intake, vendor selection, contracting partnership, onboarding, ongoing vendor management, and renewals, in a public-company environment

Define and execute sourcing strategies across technology, marketing, operations, and corporate spend that balance cost efficiency, risk management, and business agility

Interpret, develop, implement, and monitor procurement policies, standards, and governance frameworks; educate stakeholders and drive consistent adoption across the company

Serve as a trusted advisor to business leaders on vendor strategy, commercial terms, risk tradeoffs, and long-term supplier relationships

Oversee third-party risk management programs, including due diligence, ongoing monitoring, issue remediation, and alignment with bank partner and regulatory expectations

Ensure compliance with internal policies and external requirements; produce accurate, timely, and actionable reporting on spend, vendor risk, and procurement performance suitable for public-company scrutiny

Establish and maintain strong procurement controls; partner closely with Legal, Finance, Security, Privacy, Compliance, and Internal Audit to ensure vendors and contracts meet control and governance requirements

Lead complex vendor negotiations and structuring decisions (e.g., pricing models, minimum commitments, SLAs, termination rights), providing guidance from strategy through execution

Monitor emerging best practices, regulatory expectations, and industry trends related to procurement and third-party risk; prepare briefings for senior management and educational materials for stakeholders

Drive continuous improvement of procurement operations, systems, and controls to support scale, resilience, and effective public-company operations

Qualification

Procurement managementThird-party risk managementStrategic sourcingVendor negotiationsGovernance frameworksCompliance expectationsProcurement policiesData-driven decision makingLeadershipCommunication skillsCollaboration

Required

15+ years of experience in procurement, strategic sourcing, supply chain, or third-party risk management, including senior leadership experience

Proven experience leading and scaling a procurement organization, including buyers and third-party risk programs, in a complex, fast-growing environment

Deep expertise in strategic sourcing, vendor negotiations, procurement operations, and third-party risk management frameworks

Strong understanding of governance, internal controls, and compliance expectations applicable to public companies, including audit and regulatory scrutiny

Demonstrated ability to balance business agility with risk management and to exercise sound judgment in ambiguous or high-pressure situations

Experience designing and operationalizing procurement policies, controls, and systems that support public-company requirements

Skilled at partnering with Legal, Finance, Engineering, Security, Privacy, Compliance, and Internal Audit to deliver outcomes efficiently without becoming a bottleneck

Strong executive presence and communication skills, with the ability to clearly explain complex commercial, risk, or policy issues to non-procurement audiences

Data-driven and detail-oriented, with a track record of using metrics and insights to drive decision-making and continuous improvement

High personal integrity, strong ownership mindset, and a collaborative leadership style

Preferred

Public-company and regulated industry experience strongly preferred

Benefits

401k match

Great medical, dental, vision, life, and disability benefits

Generous vacation policy and company-wide Chime Days, bonus company-wide paid days off

1% of your time off to support local community organizations of your choice

Annual wellness stipend to use towards eligible wellness related expenses

Up to 24 weeks of paid parental leave for birthing parents and 12 weeks of paid parental leave for non-birthing parents

Access to Maven, a family planning tool, with $15k lifetime reimbursement for egg freezing, fertility treatments, adoption, and more.

In-person and virtual events to connect with your fellow Chimers—think cooking classes, guided meditations, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!