Manager, Sourcing – Vendor Oversight

Octane

Manager driving end-to-end procurement cycles and overseeing critical third-party vendor relationships. Ensuring alignment of vendor performance with risk posture and regulatory obligations.

Posted 5/21/2026full-timeRemote • 🇺🇸 United StatesMid-LevelSenior💰 $115,000 - $140,000 per yearWebsite

Tech Stack

Tools & technologies

Cyber Security

About the role

Key responsibilities & impact

Lead negotiations for all relationship issues, contract terms, pricing, and ad hoc projects.
Serve as the primary procurement and sourcing lead for any goods or services requested by Octane team members.
Review, redline, and negotiate contracts, SLAs, and SOWs to secure optimal business and legal terms for Octane.
Lead the full sourcing lifecycle for all company sourcing needs with primary focus on critical/high risk exposure.
Conduct spend analysis and competitive benchmarking to identify cost optimization and renegotiation opportunities.
Serve as the primary day-to-day point of contact and Relationship Owner for all Critical vendors and a portion of High Risk vendors.
Coordinate quarterly stewardship meetings, manage performance scorecards, and track KPIs to ensure high-risk partners meet contractual obligations.
Maintain the Issues & Escalations log, driving vendor-related problems from identification to final resolution.
Implement the ongoing review schedule and document all activities within the TPRM platform.
Drive the execution of required onboarding and formal termination procedures.
Partner with 1st and 2nd Line of Defense (Legal, InfoSec, Compliance) to ensure alignment with industry regulations.
Maintain accurate records within the vendor tracking system, including spend data, insurance certificates (COIs), and compliance certifications.
Develop and refine sourcing templates, SOPs, and playbooks to create a repeatable and defensible procurement process.

Requirements

What you’ll need

Bachelor’s degree in Business Administration, Supply Chain Management, or another related field.
A minimum of 5-7+ years of professional experience in procurement, strategic sourcing, and/or third-party risk management (TPRM).
Professional experience acting as the lead negotiator for complex commercial terms and service level agreements (SLAs).
Previous experience in highly regulated industries (e.g., Banking, Financial Services, Fintech) is strongly preferred to ensure alignment with 1st and 2nd Line of Defense protocols.
Advanced skills in Microsoft Excel and financial analysis tools for spend analysis and cost modeling, with demonstrated experience using Microsoft Word for contract redlining.
Demonstrated expertise in contract redlining and the ability to structure Statements of Work (SOWs) that secure optimal business terms.
Experience maintaining data integrity within vendor tracking systems.
Foundational knowledge base of Cybersecurity, IT, physical security and similar high-risk vendors.
Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) is preferred.
Certified Third-Party Risk Professional (CTPRP) is preferred.

Benefits

Comp & perks

Robust Health Care Plans (Medical, Dental & Vision)
Generous Parental Leave
Flexible Time Off (FTO) Policy - Time Off When You Need It
Retirement Plan (401k) with company match!
Educational Assistance/Tuition Reimbursement up to $3K/year
Life Insurance (Basic, Voluntary & AD&D)
Short Term / Long Term Disability
Robust Ancillary benefits including accident insurance, hospital insurance, etc
Wellhub (Gympass) Wellness Benefit
Recreational Safety Benefit

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

procurementstrategic sourcingcontract negotiationspend analysisfinancial analysiscontract redliningSLA managementSOW structuringdata integrity managementcost optimization

Soft Skills

negotiationrelationship managementproblem-solvingcommunicationorganizational skillsperformance managementcollaborationleadership

Certifications

Certified Professional in Supply Management (CPSM)Certified Purchasing Manager (CPM)Certified Third-Party Risk Professional (CTPRP)