Stripe is hiring a Tech & Product Strategic Sourcing Specialist in 6427 Procurement — SF, NYC, SEA. The overview below is synthesized from the employer posting on stripe.com: factual requirements and scope are preserved, but prose is rewritten with editorial context. Verify details and apply via the employer link.
Who we are
About Stripe
Company context from the listing:
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities.
About the team
Company context from the listing:
Procurement is part of Stripe Finance and owns the full supplier lifecycle and buying journey. The team sources and evaluates new vendors, renews and negotiates contracts with existing suppliers, and leads third‑party risk management and compliance activities to ensure suppliers meet Stripe’s standards.
What you’ll do
Day-to-day scope for the Tech & Product Strategic Sourcing Specialist as described in the posting:
The listing frames the Tech & Product Strategic Sourcing Specialist at Stripe as a hands-on product role. You will play a critical role in ensuring Stripe's procurement aligns with our operational principles by contributing to our sustainable growth while fostering strong, ethical supplier relationships. Experience with complex software negotiations is required.
Responsibilities
Day-to-day scope for the Tech & Product Strategic Sourcing Specialist as described in the posting:
- Develop and execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
- Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols
- Conduct market research and analysis to inform category strategies and stay ahead of industry trends
- Be an active champion across the company supporting our third party risk programs and fiscal initiatives when engaging in Procurement activities
- Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
- Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
- Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness
- Participate in establishing short-term and long range planning and budget development of the company to support strategic business goals
- Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing & Category Management function that Stripes recognize and value
Who you are
Experience and skills the team lists as required:
We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply.
Minimum requirements
Experience and skills the team lists as required:
- A minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field
- Demonstrated ability to develop and implement strategic sourcing and category management strategies
- Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
- Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
- Experience in supplier contracting with a solid understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
- Leadership and stakeholder management skills with the ability to elevate ambitions and influence cross-functional and internal team members
Preferred qualifications
Experience and skills the team lists as required:
- Solution-oriented mindset with enthusiasm for establishing best practice
- Self-disciplined, diligent, proactive and detail oriented
- Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment
- Strategic mindset with the ability to make sound business decisions based on data and analytics
- Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
- Familiarity with the fintech industry and its supply chain and procurement challenges