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Manager, Procurement

Remote:

Full Remote

Salary:

120 - 150K yearly

Work from:

Canada

Offer summary

Qualifications:

Bachelor's degree in Business Administration, Finance, Law, or related field., 5+ years of experience in procurement., Strong negotiation skills and tech tools knowledge., Experience in fintech or banking is a plus..

Key responsabilities:

Develop and optimize procurement processes.
Lead negotiations with vendors for favorable terms.

KOHO Financial Services Scaleup http://www.koho.ca

201 - 500 Employees

See all jobs

Job description

About KOHO

KOHO’s purpose is to empower Canadians to build a great financial foundation with products that are radically transparent and easy to manage. We first launched in 2017, and we have since built a community of over 1 million users. Leading investors around the globe believe in our vision, and we’ve successfully raised over $320M to make our vision a reality.

Discover our culture here and get the inside scoop from our team here!

About the Role

We are seeking a highly skilled Manager of Procurement. This pivotal role will drive our procurement strategy, focusing on acquiring and managing procurement of all products and services, including SaaS solutions critical to our operations. The ideal candidate will have a strong background in tech procurement coupled with a deep understanding of business operations of a high growth tech company to inform practical solutions in pricing negotiations and vendor review. Experience or skills relevant to thriving in a tech or startup environment are essential.

What You’ll Do

Develop and optimize procurement processes to improve efficiency and cost-effectiveness.
Support third-party risk management and due diligence review of vendors, including assisting in completing privacy impact assessments.
Guide team members broadly at all levels to take action, adopt a different point of view on vendor- and contracts-related decisions
Utilize a nuanced understanding of business operations to inform practical solutions or suggestions during contract negotiation and review processes.
Lead negotiations with vendors to achieve favourable terms and conditions.
Support legal team’s review and negotiation of contracts, ensuring alignment with company policies and regulatory requirements. Perform supporting contracting tasks such as Non-Disclosure Agreements (NDA), Proof of Concept (PoC) agreements, Data Privacy and Security Exhibits, creation of Statements of Work (SOW), Renewals, Addendum and Amendments
Manage vendor relationships, including performance evaluations, contract renewals, and issue resolution.

What You’ll Bring

Inherent values and traits: very fast learner, proactive, curious, non-complacent, strong work ethic, responsive, reliable, honest, can operate well in high ambiguity situations, growth mindset, strong ownership over work, extremely organized
Bachelor’s degree in Business Administration, Finance, Law, or a related field.
Proven experience (5+ years) in procurement, with a focus on acquiring a wide range of products and services in the financial services industry and/or fintech industry.
Strong negotiation skills
Deep understanding of tech tools/SaaS (e.g., data flows, APIs, security protocols, etc.)
Experience in a tech or startup environment, understanding the pace, agility, and adaptability required. Experience using Slack, JIRA, Notion, Google Workspace strongly preferred.
Excellent communication and interpersonal skills, with the ability to build effective relationships with internal stakeholders and external vendors.
Strategic thinker with a proactive approach to problem-solving and decision-making.
General understanding of legal implications in procurement and ideally familiarity with regulatory frameworks (e.g., PIPEDA, OSFI B-10).
Ability to apply business acumen to negotiate and review contracts effectively.
Knowledge of third-party risk management and due diligence processes, including privacy impact assessments is a plus.
Experience in the fintech industry or banking is a plus.

At KOHO, we are dedicated to providing pay transparency to all candidates. Compensation at KOHO is determined through various factors including but not limited to: comparable salary market data within Canada, technical skill assessment, a holistic view of previous work history, and internal pay equity with other KOHO team members.

Target Base Salary Range

$120,000—$150,000 CAD

What's In It For You?

We invest time and resources into making sure KOHO is as good as the people we hire. Here are some of the reasons we attract the best people:

🧘‍♂️ Balance Your Life - Company-wide summer wellness days, winter holiday closure, personal days, a wellness spending account, and maternity & parental leave top-up

💻 Remote First - Work from anywhere in Canada with a budget to set up your home office

🆙 Level Up - Access to an in-house certified performance coach and an annual training budget

🙌 The KOHO Culture - We have won 7 "Great Place to Work ®" awards since 2019

🤝 Be an Owner - Every KOHO employee gets a generous amount of equity with a 10 year exercise window

The KOHO culture is one of collaboration, creativity, and diverse perspectives. We are committed to building and fostering an inclusive, accessible environment for everyone. If you have any questions, concerns, or requests regarding accessibility needs, please contact peopleaccessibility@koho.ca and the People and Culture team will be happy to help.

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