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Sr. Manager, Procurement

$165k - $185k

Alumni Ventures

Description Title: Sr. Manager, Procurement Location: Jersey City, NJ/ New York (Hybrid 3 - 4 Days Onsite) Reports To: SVP, Finance The Company: Sunbit builds financial technology for real life. Our AI-native platform helps more people get to “yes” at the moments that matter with personalized offers, transparent terms, and no added consumer fees. In stores, practices and service centers across the country, Sunbit provides a fast, fair pay-over-time option. For everything else, the Sunbit Credit Card delivers a modern, no-fee credit experience managed in a powerful mobile app. We are guided by people-centered values: Serve Others Before Self, Include Always, Connect Genuinely, Innovate for Good. These values shape how we build, how we support customers and merchants, and how we work with each other. What makes Sunbit different is an AI-native infrastructure that runs through the full customer and merchant journey. Our interconnected AI systems power instant decisioning, streamline fraud checks with human-in-the-loop safeguards, and enable highly personalized offers at scale. The result is a quick, fair, and simple experience for consumers and merchants. We pair this technology with inclusion and transparency. Sunbit delivers industry-leading approval rates — 90%+ in auto service and 85%+ in dental — while maintaining zero consumer fee-based revenue. It is a better way to serve people and merchants, proven at scale. Today, Sunbit is available across a nationwide, in-person merchant network of 30,000+ locations spanning auto service centers, dental and optical practices, veterinary clinics, and other specialty services. We help teams say “yes” more often and help customers move forward with confidence. The Role Sunbit is seeking a strategic and hands‑on Senior Manager, Procurement to support and optimize the company’s indirect vendor spend across the organization. This role will focus primarily on IT, SaaS, and AI‑related procurement, while also supporting vendor management initiatives across consulting services, facilities, professional services, outsourcing, and other operational spend categories. This individual contributor role will partner closely with teams across Technology, Finance, Legal, HR, Marketing, and Operations to drive cost savings, improve vendor oversight, support contract negotiations, and help establish scalable procurement processes as the company continues to grow. Requirements What You’ll Own: Manage indirect procurement activities across categories including IT, SaaS, AI tools, consulting services, professional services, facilities, and other third‑party vendors. Partner with cross‑functional stakeholders to support sourcing initiatives, vendor selection, contract negotiations, and renewal management. Identify opportunities for cost savings, vendor consolidation, and improved purchasing efficiency across departments. Support RFP/ RFQ processes, vendor evaluations, pricing analysis, and contract reviews. Track vendor spend, contract terms, renewal timelines, and procurement‑related metrics to support business decision‑making. Partner with Finance, Legal, and Information Security teams to support vendor governance, due diligence, and compliance requirements. Help establish and improve procurement processes, approval workflows, and vendor management standards. Build and maintain strong vendor and stakeholder relationships while balancing business needs and cost management objectives. Monitor market trends, vendor pricing, and emerging technologies related to SaaS, AI, and enterprise tools. Support procurement reporting, budgeting discussions, and operational planning initiatives. What you’ll bring: 5+ years of procurement, strategic sourcing, vendor management, or related experience. Experience managing indirect spend categories, including IT, SaaS, software, consulting, or professional services. Proven experience supporting vendor negotiations, contract renewals, and cost optimization initiatives. Strong analytical, organizational, and contract management skills. Ability to work cross‑functionally with teams including Technology, Finance, Legal, HR, and Operations. Strong communication and stakeholder management skills. Experience in a fast‑paced or high‑growth environment preferred. Bachelor’s degree or equivalent practical experience preferred. Why Choose Sunbit? Sunbit is recognized as one of the fastest‑growing and most admired fintech companies, earning honors from Inc. 5000 (four consecutive years), Forbes Fintech 50, Deloitte Technology Fast 500, Financial Times, and FinTech Breakthrough for its innovation and impact. The company has also been featured among Newsweek’s Most Loved Workplaces and CB Insights’ Unicorn Companies, reflecting a valuation of $1.1B. People choose Sunbit for its people‑first culture rooted in service, inclusion, and real‑world impact. Powered by AI that helps people in life’s critical moments—offering high approvals, speed, and zero fees—Sunbit has achieved proven scale across tens of thousands of merchants and millions of transactions. Its fast, fair, and simple financial products empower consumers and partners alike through clarity and trust. How We Pay: We believe in paying fairly and equitably based on a number of factors including but not limited to previous experience, relevant work history, interview performance, geographical location, internal equity, and expected level of ownership. We are targeting a salary of $165,000 - $185,000 per year for this role This role will also be granted company equity via stock options The Perks Mission driven, empowered, and collaborative culture Competitive pay and stock options Unlimited PTO Comprehensive health benefits (Medical, Dental, Vision, Life, EAP, Parental Leave, HSA, & more) Newly added HSA and Pet Insurance 401(k) with company match Cell Phone Stipend Team‑based strategic planning and ownership of deliverables Sunbit is an Equal Opportunity Employer. We strive to provide a professional & welcoming workplace for all employees. #J-18808-Ljbffr

Vacancy posted 1 day ago
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