Strategic Sourcing Manager - IT Software Licensing, Cloud, and Professional Services

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Job Description

The Strategic Sourcing Manager will play a critical role in managing technology and professional services procurement, with a strong focus on IT software licensing, cloud / SaaS negotiations, and professional labor staffing agreements. This individual contributor role will support internal business stakeholders across the organization in developing sourcing strategies, negotiating contracts, mitigating vendor risk, and optimizing supplier relationships.

The ideal candidate brings experience in the financial services industry, expertise in data procurement contracts, and a proven track record of negotiating with leading cloud / SaaS providers. In addition to strategic sourcing, this role will help design and implement enhanced vendor management protocols in collaboration with global affiliates to standardize vendor governance across the company.

What You Will Do

• 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

What You Will Bring

What Will Set You Apart

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

Base Salary Range

$98,900.00 - $139,700.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and / or skill level and will be finalized at the time of offer.

Equal opportunity employer

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

Job Posting End Date at 12 : 01 am on :

10-24-2025

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