FalconX - Procurement & Third Party Risk - Manager
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Requirements
• Minimum 6 years experience in strategic sourcing, procurement, contract negotiations and third party risk management with demonstrable results to support experience • Confident negotiation skills with track record of delivering savings and the best possible contract terms for a wide variety of vendors • Excellent organizational skills, able to run with multiple contracts, negotiations and vendor conversations concurrently • Experience creating policies and procedures end to end, including the implementation and roll out of new frameworks cross an entire organization • Comfortable working in a small team and collaborating across Finance, Risk, Legal, Compliance and Security as needed to deliver on company objectives • Enthusiastic self-starter that can demonstrate a proactive approach to problem solving and independently managing their own workstreams • The base pay for this role is expected to be between $157,000 - $199,000 USD for a Manager level in the New York City Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications and the level at which the candidate is hired. • The base pay for this role is expected to be between $157,000 - $199,000 USD for a Manager level in the New York City Area. • and the level at which the candidate is hired. • IMPORTANT: Recruitment Fraud Alert • Official Communication: We only communicate through official email addresses ending in @falconx.io. If you receive an email from a public domain (Gmail, Yahoo, etc.) or a lookalike domain, it is not from us. • Official Communication: • @falconx • Official Channels: We will never conduct interviews via Telegram, WhatsApp, or Signal. Our process involves video or in-person meetings. • Official Channels: • never • No Financial Requests: FalconX will never ask you for money, "equipment fees," "training deposits," or crypto transfers at any stage of the recruitment process. • No Financial Requests: • never • Verification: All legitimate FalconX openings are listed on our official careers site: [Link to falconx.io/careers]. • Verification: • [Link to • falconx.io/careers • If you believe you have been contacted by a scammer, please report the incident to [[email protected]]. • If you believe you have been contacted by a scammer, please report the incident to [ • [email protected] • Notice at Collection and Privacy Policy • Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here. • Inclusivity Statement • FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences! • As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.
Responsibilities
• Procurement Strategy; drive cost savings across the Company through negotiating contracts, consolidation of vendors and process improvements to drive efficiency savings. • Procurement Strategy • Streamline Vendor Management; review and approve all new vendor requests and manage the full end to end onboarding process, ensuring an efficient and timely process for our stakeholders • Streamline Vendor Management • Negotiation of New Contracts; confidently manage relationship with new vendors and negotiate confidently to deliver the best possible terms for the Company • Negotiation of New Contracts • Monitoring of Third Parties; tracking of all renewals, including negotiating new rates and when necessary, managing all offboarding procedures to protect the firm from any potential risks in business continuity • Monitoring of Third Parties • Analysis and Reporting; design and implement a range of reporting to track all third party vendors, monitor cost savings, manage risks and ensure all vendor records remain up to date and accurate • Analysis and Reporting • Process Enhancements; participate in new Procure-to-Pay system implementation including opining on best practice workflows and optimization to reduce time to onboard and manage vendors • Process Enhancements • Support All Stakeholders; provide hands-on assistance such as running the end to end RFP processes, train all process and system users, and ensure cross-functional management of vendor risk. • Support All Stakeholders
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