Senior Sourcing Manager
Robinhood· Procurement and Insurance
Hybrid (Menlo Park, CA; New York, NY; Chicago, IL)$166k - $195kfull-timePosted 2w ago
About the role
Senior Sourcing Manager at Robinhood, focused on end-to-end sourcing and contracting for a portfolio of vendor categories, leveraging data-driven category management, AI-enabled automation, and cross-functional collaboration to drive savings and manage risk.
Responsibilities
- Own and execute the sourcing and contracting strategy for an assigned portfolio of vendor categories / cost centers, including market research, vendor identification, competitive bidding, negotiations, selection, and contracting
- Lead negotiations on complex vendor contracts, delivering quantifiable savings and reduced risk
- Partner with Business Owners and senior stakeholders to maximize value from vendors and partners in terms of service quality and procurement savings
- Collaborate with and actively influence Commercial Legal, Tax, Finance, and Risk partners to drive risk-intelligent processes and protocols throughout the sourcing lifecycle
- Maintain a deep understanding of vendor markets and trends, and build a clear understanding of how third-party vendors and partners support Robinhood's core business objectives
- Use metrics and data to identify logical category clusters and develop sourcing strategies and category management plans tailored to each
- Embrace AI-powered automation and use data and analytics to speed up work, quantify opportunities, and track return on investment
- Help optimize Robinhood's third-party vendor and partner footprint, driving cost rationalization and proactively influencing upcoming contract renewals
Qualifications
- 8+ years of experience in strategic sourcing, vendor and third-party contracting, procurement consulting, procurement program management, or process reengineering, within Financial Services or FinTech
- Expert-level knowledge of contract negotiation dynamics, particularly within the Cloud Services, Software, and Digital Marketing categories
- Ability to independently own and deliver complex sourcing initiatives in a dynamic, fast-paced environment
- Fluency with using AI to speed up work, familiarity with data visualization and analysis tools, and a natural comfort level using data to drive decisions
- Experience incorporating risk and performance management into the sourcing and contracting process
- Excellent organizational, analytical, verbal, and written communication skills
- Proven ability to manage multiple projects, establish workflows, and meet deadlines independently
- Ability to work effectively across cross-functional teams including Legal, Risk, Finance, and business stakeholders
Skills
Required:Sourcing strategyContract negotiationCross-functional collaborationData-driven decision making
Benefits
- Challenging, high-impact work to grow your career.
- Performance driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching.
- Top Tier benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents.
- Access to the Robinhood Employee Fund that gives eligible US employees the opportunity to invest in a private employee fund that provides exposure to Robinhood Ventures funds.
- Access to the best AI tools on the market and continuous AI skill-building for every employee, technical or not.
- Lifestyle wallet - a highly flexible benefits spending account for wellness, learning, and more.
- Employer-paid life & disability insurance, fertility benefits, and mental health benefits.
- Time off to recharge including company holidays, paid time off, sick time, parental leave, and more.
- Exceptional office experience with catered meals, events, and comfortable workspaces.
Last updated Oct 7, 2026. Interested? Apply on the company site.
About Robinhood
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