Modera Wealth Management · 8 hours ago
Procurement Manager
Wayne, NJ
Full-time
Hybrid
Mid, Senior Level
$115K/yr - $149K/yr
5+ years expModera Wealth Management is an independent, fee-only firm that strives to make a lasting positive impact on the lives of clients through comprehensive financial planning and intelligent investment management. The Procurement Manager will lead sourcing, negotiating, contracting, and supplier lifecycle management, ensuring cost effectiveness and compliance while supporting the firm’s strategic objectives.
ConsultingFinanceFinancial ServicesInformation TechnologyInsuranceWealth Management
Responsibilities
Sourcing Strategy Execution: Develop and implement sourcing strategies that align with business requirements and stakeholder priorities, delivering measurable benefits across cost, quality, service, and innovation
Contract Management: Execute end-to-end sourcing and contracting processes, ensuring compliance with company policies, legal standards, and ethical practices. Leverage strong negotiation skills to support departmental leaders and lead negotiations when needed
Vendor Relationship Management: Forge and maintain strategic relationships with vendors, managing all aspects from performance evaluation to contract negotiation and renewal ensuring competitive pricing and terms as well as timely delivery
Stakeholder Collaboration: Build effective relationships with internal and external stakeholders, including senior leaders and suppliers, ensuring alignment and timely resolution of escalations
Compliance and Best Practices: Ensure procurement processes, systems, and methodologies are utilized in a compliant and ethical manner while driving consistency and continual improvement across operations
Project Management and Reporting: Support the delivery of savings targets and other Key Performance Indicators aligned with business goals, providing regular updates and insights to stakeholders
Regularly review usage to align with actual needs, identifying opportunities to reduce costs by reallocating or terminating underutilized goods and services
Qualification
Required
Bachelor's Degree required
Minimum 5+ years in purchasing or procurement
Strong financial acumen, budget management, and analytical skills
Expert negotiation, communication, and interpersonal skills
Proven experience in strategic sourcing, contract management, and risk mitigation
Proven analytical and problem-solving skills
Working knowledge of planning strategies and solutions
Highly proficient in computer software, including the Microsoft Office Suite
Excellent written and verbal communication skills
Actively engages as a team member
Adaptability and flexibility
Client first attitude
Occasional travel may be required
Benefits
Competitive based salary
Performance based bonus
Safe Harbor 401(k) plan
Medical, Dental, Vision, and more
Generous PTO and leave policies
Opportunities for professional growth and continuing education
Partial remote work
Company
Modera Wealth Management
Modera specializes in providing wealth management and portfolio management services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$45MKey Investors
Cambridge Savings Bank
2024-02-22Debt Financing· $45M
Leadership Team
Tom Orecchio
Chief Executive Officer
Laurie Vitali
Principal & Chief People Officer/CHRO
Recent News
2025-05-27
Company data provided by crunchbase