Vice President, Indirect Procurement Strategic Sourcing (Irving)

NorthMark Strategies is a leading investment firm, combining capital, innovation, and engineering to drive long-term value. From operating complex businesses to backing breakthrough technologies, our mission is to build enduring businesses. Our team combines intelligent risk-taking, operational excellence, exceptional talent, and world-class computing capacity to create shareholder value.

Our company offers a dynamic environment where individuals have the freedom to lead companies toward bold achievements by embracing innovation, leveraging technology, and fostering differentiated business strategies. Our values are Integrity, Ability, and Energy, and the company aims to hire individuals who possess those qualities.

At NorthMark Strategies, we believe the future isn’t something to hope for, it’s something to build. We don’t just invest, we create. Bringing together strategic insight and technical horsepower to deliver outcomes that endure.

The Vice President, Indirect Procurement Strategic Sourcing is responsible for leading the end-to-end strategic sourcing function for all indirect spend categories across the organization. This role drives significant cost savings, supplier innovation, and risk mitigation through best-in‑class sourcing strategies, while building and managing a high‑performing team of procurement professionals. The VP will serve as a key business partner to cross‑functional stakeholders and will play a critical role in shaping and executing the company's broader procurement transformation agenda.

KEY RESPONSIBILITIES

Strategic Leadership & Vision

• Define and execute the multi-year indirect procurement strategy aligned with corporate objectives and financial targets.
• Establish category management frameworks, sourcing playbooks, and procurement policies to drive consistency and excellence across the function.
• Serve as a trusted advisor and thought leader to senior leadership on procurement trends, market intelligence, and supplier innovation.
• Drive continuous improvement and transformation initiatives, leveraging technology, analytics, and process optimization to modernize the procurement function.

Indirect Category Management

• Oversee strategic sourcing across key indirect spend categories including but not limited to: IT, Professional Services, HR/Benefits, and Contingent Labor.
• Lead complex, high-value RFx processes, negotiations, and contract executions to deliver best-in‑class commercial outcomes.
• Develop and manage category strategies that optimize total cost of ownership (TCO), mitigate supply risk, and drive supplier innovation.
• Monitor category market dynamics, benchmark spend performance, and identify new opportunities for value creation.

Procurement Sourcing & Commercial Execution

• Lead and oversee the end-to-end source-to-contract lifecycle across all indirect categories, including:
• Category market intelligence and supplier ecosystem strategy
• Supplier segmentation, sourcing strategy design, and capacity planning
• RFP/RFQ execution and complex, high-value commercial negotiations
• Contract structuring, execution, and full lifecycle governance
• Develop and approve should-cost models, total cost of ownership (TCO) analyses, and competitive benchmarks to evaluate pricing, commercial terms, and sourcing strategies relative to industry peers.
• Hold authority for critical commercial decisions, including entering contracts, negotiating terms, signing agreements, and committing capital on behalf of the organization.
• Set commercial strategy for long-term supplier agreements, preferred vendor programs, and strategic partnerships with critical indirect suppliers.
• Recruit, lead, mentor, and develop a team of direct reports including Category Directors, Sourcing Managers, and Procurement Buyers.
• Set clear performance expectations, conduct regular performance reviews, and create individual development plans to build organizational capability.
• Foster a culture of accountability, collaboration, innovation, and continuous learning within the procurement team.
• Manage team capacity, workload allocation, and succession planning to ensure operational resilience and talent pipeline development.
• Own succession planning and talent development to build a resilient, scalable procurement organization that grows alongside the business.
• Build and maintain strategic relationships with key suppliers, driving performance management, innovation, and long‑term partnership value.
• Establish and govern a supplier scorecard framework, conducting regular business reviews with critical vendors.
• Lead supplier risk assessments and develop mitigation strategies to ensure supply continuity and compliance.
• Proactively identify and mitigate supply, geopolitical, concentration, and compliance risks across the indirect supply base.
• Influence strategic suppliers to co‑invest in innovation, value‑added solutions, and preferred partnership arrangements that deliver competitive advantage for NorthMark.

Stakeholder Engagement & Cross‑Functional Partnership

• Partner with senior leaders across Finance, Legal, IT, HR, Marketing, and Operations to align sourcing strategies with business priorities.
• Serve as the primary procurement interface to executive stakeholders, delivering clear, data‑driven insights on cost drivers, supply risks, and category opportunities.
• Drive adoption of procurement best practices and category strategies across business units, ensuring compliance with policies and preferred supplier programs.
• Communicate sourcing outcomes, savings achievements, and strategic initiatives to executive leadership and key stakeholders on a regular basis.

Financial Performance & Reporting

• Develop and manage the annual savings pipeline, delivering measurable cost reduction and avoidance targets.
• Track and report on key procurement KPIs including savings delivery, spend under management, contract compliance, and supplier performance.

QUALIFICATIONS

Required

• 10+ years of progressive experience in strategic sourcing, category management, or procurement, with significant exposure to indirect spend categories.
• 5+ years of people management experience, including managing managers and building high‑performing teams.
• Proven track record of delivering substantial cost savings and driving procurement transformation at scale.
• Deep expertise in strategic sourcing methodologies, category management, contract negotiation, and supplier relationship management.
• Strong financial acumen with experience managing large spend portfolios and delivering against savings targets.
• Exceptional stakeholder management and executive communication skills, with the ability to influence at all levels of the organization.
• Experience with procurement technology platforms (e.g., Coupa, SAP Ariba, Jaggaer, Oracle, or similar).
• Bachelor's degree in Business, Supply Chain, Finance, or a related field.

Preferred

• MBA or advanced degree preferred.
• Professional certifications such as CPSM (Certified Professional in Supply Management), CSCP, CPM, CIPS, or equivalent.
• Experience leading procurement transformation or digitization initiatives.
• Familiarity with ESG, sustainability, and responsible sourcing considerations in procurement strategy.
• Proven success operating within matrixed, global, or multi‑entity organizations.
• Strong analytical capabilities including spend analytics, benchmarking, forecasting, and market intelligence tools.
• Experience in a large, complex, matrixed organization or global enterprise environment.

CORE COMPETENCIES

• Strategic Thinking & Visioning
• Executive Presence & Influence
• Negotiation & Commercial Acumen
• Data‑Driven Decision Making
• Change Management & Transformation
• Cross‑Functional Collaboration
• Results Orientation & Accountability

OUR VALUES

At NorthMark Strategies, we hire for Integrity, Ability, and Energy. We seek individuals who hold themselves and others to the highest ethical standards, bring exceptional capability and intellectual rigor to every challenge, and demonstrate the drive and commitment to deliver results that endure.