Block · 1 day ago
Services Sourcing Sub Category Lead
Block is a company focused on economic empowerment and is seeking a Services Sourcing Sub Category Lead to manage and execute sourcing strategies across Corporate and Professional Services categories. The role involves developing partnerships, overseeing supplier relationships, and ensuring effective contract negotiations while promoting continuous improvement and cost-saving initiatives.
Financial Services
Responsibilities
Support Block leadership strategic planning efforts through: Heavy focus on sourcing (via best class sourcing methodologies) Contract negotiation, Risk mitigation, Ongoing management and performance of supplier relationships
Be a trusted partner by developing new strategies in an effort to increase delivery through people, processes, tools, and suppliers
Ensure smooth performance of daily operations, allowing them to concentrate on more progressive activities
Be the source of bringing in the best outside best practices by leveraging various sources of information and your external network
Oversee complex, Block-wide supplier relations, developing solutions to new problems and using your foresight to anticipate future trends and issues
Establish partnerships with important business partners aimed at identifying, understanding and fulfilling their requirements
Translate ambiguous business and strategic priorities into multi-year category and sourcing roadmaps, aligning stakeholders around shared goals, trade-offs, and execution plans
Collaborate with business partners to lead contract negotiation with suppliers; develop negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify important benchmarks to measure contractual arrangements
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
Assist to establish supplier life-cycle strategy to oversee planning, sourcing and selection of new suppliers, manage data for supplier performance and manage supplier off-boarding and transition
Explore new technologies to optimize performance and transparency to business partners
Support internal and external audit, SOX compliance and due diligence requests
Support other ad hoc projects
Qualification
Required
10+ years of progressive experience in strategic procurement, sourcing, or supplier management, with demonstrated enterprise-level impact in high-growth or technology-driven environments
Deep, authoritative expertise in Corporate and Professional Services category management, including ownership of multi-year strategies and executive-level negotiations
A proven track record of shaping strategy in ambiguous environments, making judgment calls that balance cost, risk, speed, and long-term business outcomes
Executive-level communication and influence skills, with experience advising senior leaders and driving alignment across complex, cross-functional stakeholder groups
Demonstrated success designing systems and frameworks (not just executing processes) that scale and endure beyond individual initiatives
Strong analytical, financial, and risk-management acumen, leveraging data, models, and tooling to inform strategy and measure enterprise impact
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