What are the responsibilities and job description for the Procurement Manager position at Syntagma Group?
Title: Procurement Manager
Location: Boston, MA (3x on-site weekly)
Position Overview:
This role will be a leader on the Procurement team with a focus on Technology (Software, SaaS, etc) Professional Services, and Investment Data spend categories. The ideal candidate will have a strong background in procurement processes with proven experience in sourcing technology solutions and investment-related data services.
This role involves working closely with the Director of Procurement and key stakeholders to manage vendor relationships, negotiate contracts, and ensure efficient procurement operations that align with the firm's strategic objectives.
Job Responsibilities:
- Develop and execute procurement strategies that support the organization’s goals, with a particular emphasis on technology platforms, professional services agreements, and investment data services.
- Identify potential cost-saving opportunities and ensure alignment with the overall procurement and budgetary strategy.
- Build and maintain strong relationships with technology and investment data service providers while ensuring service quality and compliance with contractual terms.
- Lead the end-to-end sourcing process for services, technology, and investment data, including RFPs, RFQs, and vendor selection.
- Negotiate contracts, service agreements, and licensing arrangements to achieve favorable terms for the organization.
- Play a key role with the procure-to-pay and contract renewal process ensuring timeliness and efficiency.
- Work closely with legal teams to review contract terms and mitigate potential risks.
Job Requirements:
- Bachelors Degree required. Master’s degree or relevant certifications (e.g., CIPS, CPSM) is a plus.
- Minimum 3-6 years of procurement experience in the investment management or financial services industry, with a focus on technology and investment data categories.
- Strong negotiation and contract management skills.
- Ability to diplomatically influence stakeholders to make decisions and execute with their support.
- Ability to manage multiple projects and meet tight deadlines in a fast-paced environment.
