PanAgora Asset Management · 1 month ago
Strategic Sourcing Manager – IT Software Licensing, Cloud, and Professional Services
United States
Full-time
Remote
Mid, Senior Level
$96K/yr - $136K/yr
6+ years expPanAgora Asset Management is committed to transforming financial lives through a flexible work environment and internal mobility. The Strategic Sourcing Manager will manage technology and professional services procurement, focusing on IT software licensing and cloud negotiations while supporting internal stakeholders in developing sourcing strategies and optimizing supplier relationships.
FinanceFinancial Services
No H1B
Responsibilities
Build and maintain strong relationships with internal stakeholders, providing professional, proactive sourcing support
Lead end-to-end competitive sourcing events (RFP/RFI/RFQ), including bid packages, vendor demos, analysis, and negotiations
Drive negotiations for IT software licensing, SaaS subscriptions, cloud services, and professional staffing engagements
Analyze pricing proposals, budget impact, and cost-saving opportunities to support informed decisions
Champion vendor management best practices, including vendor due diligence, compliance, and risk mitigation
Manage contract lifecycles: renewals, renegotiations, SOWs, NDAs, amendments, and data procurement agreements
Collaborate with affiliates in the U.S., Europe, and Canada to leverage global supplier agreements
Track and report savings, vendor risk insights, and project progress to leadership
Potential for occasional in office for culture and collaboration weeks
Qualification
Required
Bachelor's degree in business, supply chain, finance, or related field
6+ years of procurement/sourcing experience with IT software licensing, cloud/SaaS providers, and staffing vendors
Proven success negotiating data procurement, software, and cloud technology contracts
Strong vendor management and supplier risk management expertise
Excellent negotiation, communication, and stakeholder management skills
Ability to manage multiple sourcing projects independently
Experience using procurement tools (P2P, e-auctions)
Preferred
Background in financial services or other highly regulated industries
Experience negotiating with major cloud/SaaS providers (AWS, Microsoft, Google, Salesforce, etc.)
Familiarity with data governance, privacy, and compliance requirements
Certifications such as CPSM, CPM, or PMP
Advanced degree in business, law, or related field
Demonstrated ability to standardize vendor governance processes
Benefits
Medical, dental, vision and life insurance
Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
Tuition reimbursement up to $5,250/year
Business-casual environment that includes the option to wear jeans
Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
Paid volunteer time — 16 hours per calendar year
Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
Company
PanAgora Asset Management
PanAgora Asset Management is a quantitative investment manager whose proprietary approach is designed to capitalize on inefficiencies across market cycles and to deliver relative and absolute returns through distinct and innovative equity, multi-asset and risk premia strategies.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Eric Hevering Sorensen
CEO
Recent News
2025-10-31
2025-08-14
2025-07-04
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